News round up 8 May 2018

A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

Funds

British Business Investments backs Oxx’s $100m debut fund

The growth capital firm plans to target B2B software companies in UK, Israel and the Nordic economies.

 

Deals

Bpifrance and Cathay take controlling NeoXam stake

The investors are set to buy out BlackFin Capital Partners.

Resourcify set for $1.2m funding round

Among the German firm’s backers is High-Tech Gründerfonds.

Xeraya Capital leads Rapid’s $60m fundraising round

The US-based Bain Capital Life Sciences Fund also took part in the round.

Lithium plugs into $8m IFC investment

The electric vehicle company plans expansion beyond its Bengaluru base.

Ireland’s SIF backs new AMCS round

The waste management software firm has also been supported by Insight Venture Partners.

Flipkart's board approves $15bn Walmart takeover

SotfBank is set to completely exit GIC-backed Flipkart as part of a deal that will value the company at $20bn, and in which Alphabet is now expected to be involved.

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