SAN DIEGO, Sept. 22, 2026 — Primrose Bio, Inc. (“Primrose”), a provider of production solutions for next-generation biologics, today announced the closing of a financing round led by new investor Signet Healthcare Partners (“Signet”), with significant participation from existing investors 1315 Capital, Ligand Pharmaceuticals Incorporated (Nasdaq: LGND), LDV Partners, and Agent Capital. In conjunction with the financing, James Gale, Founding Partner and Managing Director of Signet, has joined Primrose’s Board of Directors.

The proceeds will help Primrose continue to expand the reach and capabilities of its differentiated technology portfolio:

• Pfenex Expression Technology^® (“Pfenex”), a scalable microbial expression platform for efficient, high-yield production of complex, engineered proteins used in six approved biologics
• Prima RNApols^®, proprietary RNA polymerases for consistent, scalable, high-quality mRNA manufacturing (available in RUO- and GMP-grade)
• PeliCRM197^®, a validated carrier protein used in multiple approved vaccines (RUO and GMP) 

“This financing marks an important next step for Primrose and reflects confidence in our technologies, team and commercial opportunity,” said Andrew Burch, Chief Executive Officer of Primrose Bio. “As the engineering of biologic and nucleic acid medicines advances, developers need more robust production systems that also improve quality, yield, speed, scalability and cost. This capital will help us broaden adoption, enhance capabilities and accelerate customers moving therapeutic and vaccine programs forward toward clinical trials.” 

“Signet sees a compelling opportunity across Primrose’s portfolio,” said James Gale. “Having partnered with The Dow Chemical Company to establish Pfenex Inc. in 2009, we have seen the platform’s commercial value firsthand. Primrose is building on that foundation with further advances in Pfenex technology as well as Prima RNApols and PeliCRM197. We are pleased to invest in this next phase of growth and support the team as they scale the business and help more customers improve manufacturing performance across multiple therapeutic modalities.”

About Primrose Bio, Inc.

Primrose Bio develops and commercializes manufacturing technologies that close gaps in biologics, mRNA and vaccine production. Primrose’s major offerings include Pfenex Expression Technology^®: a proprietary microbial production system used in six approved products with up to 20x higher yields and a strong record across diverse protein modalities; Prima RNApols^®: improved enzymes for mRNA manufacturing; and PeliCRM197^®: a commercially validated CRM197 carrier protein used for conjugate vaccines.  Several of the world’s leading pharmaceutical companies use Primrose’s technologies in marketed products, including Merck, Jazz Pharmaceuticals, Alvogen, and Serum Institute of India. For more information, please visit: www.primrosebio.com.

About Signet Healthcare Partners

Signet Healthcare Partners is a healthcare growth equity firm that invests in commercial-stage pharmaceutical (pharma services and therapeutics) and medical technology companies. Founded in 1998 and based in New York, Signet has invested in more than 60 companies, supporting entrepreneurs with capital, strategic guidance, and deep industry networks. For more information, please visit: www.signethealthcarepartners.com.

SOURCE Primrose Bio

Left Lane Capital incubated and led the round as Rising Tide scales property management firms with shared technology and capital, without asking them to give up their name, team, or local relationships

CHICAGO, Sept. 22, 2026 — Rising Tide, which acquires and invests in independently owned residential property management companies, today announced the close of an undisclosed seed round led by Left Lane Capital. Left Lane incubated the company alongside CEO Blake Mohseni on a shared conviction: property management is a large and deeply fragmented market; it is mission-critical to the lives of everyday consumers, and its complexity across multiple stakeholders creates unique opportunities for AI to improve the customer experience.

Property management is a $100B+ market split across more than 240,000 property management firms that together handle a large share of residential rentals. Most run without the technology, systems, and back-office support that larger, well-capitalized platforms take for granted. The result: owners spend more time on manual admin than on building the tenant and owner relationships that actually differentiate a good property manager. Many also face a tough choice when it comes time to sell or transition: sell to a private equity firm that rebrands them under a national name, or figure out succession alone.

“AI is changing the definition of what premier service looks like in property management. It gives our operators more room for the relationships with owners and tenants that actually built their business,” said Blake Mohseni, Founder and CEO of Rising Tide. “This funding brings that same approach to more independent property management firms: real technology, real capital, and partnership instead of a takeover.”

Rising Tide takes a different approach: a federation of independent property management companies. Each one gets shared technology and capital to grow, while the local brand, the team, and the relationships an owner spent years building remain exactly as they are.

There’s no shortage of AI hype in property management right now. The hard part is knowing how to actually put it to work. That’s where Rising Tide comes in, through The Lab, where the company builds and tests its AI tools inside real property management businesses through hands-on implementation at no cost. The Lab is live today with three property management firms. Rising Tide keeps ownership of what it builds; the operators get full use of it for free, and their business data never leaves their hands.

Vinny Pujji, Co-founder and Managing Partner of Left Lane Capital, said, “We have invested over $100 million into AI companies transforming traditional services industries, from accounting to dental. Property management is universal, mission-critical, and not for the faint of heart. Blake and his team have the thoughtful approach needed to bring AI to the industry and drive modernization alongside tenured operators.”

About Rising Tide

Rising Tide is building a federation of independent property management companies with real capital and technology behind each one, while the local brand, team, and relationships are fully intact. Learn more at www.risingtidehq.com.

About Left Lane Capital

Founded in 2019, Left Lane Capital is a New York and London based venture capital and growth equity firm investing in high growth internet and consumer technology businesses globally. Left Lane’s mission is to partner with extraordinary entrepreneurs who create category defining companies across growth sectors of the economy. For more information, visit www.leftlane.com.

SOURCE Rising Tide

Round Led by .406 Ventures Fuels Teal Health’s Next Phase of Growth, Expanding Payor, Health System, Employer and Provider Partnerships Ahead of Broad Insurance Coverage in 2027

SAN FRANCISCO, Sept. 22, 2026 — Teal Health, creators of the Teal Wand™, the first and most accurate FDA-authorized self-collection device for at-home HPV cervical cancer screening, today announced $22 million in Series A funding to meet accelerating consumer demand and expand access ahead of broad insurance coverage beginning in January 2027.

The round was led by .406 Ventures, with continued backing from Emerson Collective (managed by Yosemite), Forerunner, and Serena Ventures, and new participation from Japan-based MPower Partners. The financing brings Teal Health’s total funding to $45 million. It arrives at a critical moment where nearly one in three U.S. women isn’t up to date on screening, largely due to physician shortages causing limited appointment availability and therefore making the traditional in-office screening difficult to access. Increasing preventive care options for women is a national imperative. As the first to deliver an accurate, convenient at-home screening alternative, Teal is already defining the future of women’s preventive health, ahead of January 2027 federal guidelines that will require most health plans to cover self-collection for cervical cancer screening.

The new capital will fuel a growing network of payor, health system, employer, provider, and brand partnerships that make screening available wherever women receive care, access benefits, or make decisions about their health. Teal Health is also expanding direct-purchase options for individuals and organizations. Together, these channels are designed to move at-home screening beyond early adoption and establish it as a routine, widely available, and highly preferred part of preventive care nationwide. The funding will also support continued hiring across key clinical, commercial, technology, and operational functions as Teal scales to serve more women and partners.

“We designed Teal for all women, whether they are behind on their screening or coming due. Screening is just too difficult today, whether that is finding an appointment, the time in your day to attend, or the physical discomfort. Women need an accurate, trusted alternative that makes it easy to screen,” said Kara Egan, CEO and Co-Founder of Teal Health. “This funding allows us to scale to meet the demand of patients and providers. It’s clear this option is preferred by women and now we can ensure everyone has a way to stay healthy.”

The Teal Wand is the first FDA-authorized self-collection device for at-home HPV cervical cancer screening – no speculum or in-office visit required. Teal Health pairs a private, speculum-free at-home sample collection with a telehealth visit, delivers results through a secure platform, and connects patients to follow-up care when it’s needed. Women love having this option, and Teal data shows 59% of women who choose Teal are underscreened; these are women who now have an option to take care of their health. Thousands of women have rated the end-to-end experience an average of 4.95 out of 5, clear evidence that this is the kind of screening experience women have been waiting for.

“Patients are demanding more convenient ways to access healthcare, and Teal has proven that convenience doesn’t have to come at the expense of accuracy,” said Kathryn Taylor Reddy, Partner at .406 Ventures. “With insurance coverage expanding in 2027, Teal Health is positioned to transform how millions of women receive essential preventive healthcare.”

Since receiving FDA-authorization in 2025, Teal Health has already screened thousands of women nationally, been incorporated in national screening guidelines, advanced research on self-collection screening with 17 peer-reviewed papers and presentations, and is partnering with health systems, providers, employers, and payers – providing access to the Teal Wand where women already receive care – closing screening gaps, easing the load on clinics, and reaching the women who are overdue. Cervical cancer is one of the most preventable cancers, yet thousands of women in the U.S. are diagnosed each year – and roughly 4,320 will die from it this year. This funding extends these partnerships and opens new ways for organizations and individuals to offer screening directly, pushing at-home screening from early-adopter territory into routine care.

To learn more, visit www.getteal.com.

About Teal Health

Teal Health is a women’s health company on a mission to eliminate cervical cancer by making screening accessible, comfortable, and accurate. Its flagship product, the Teal Wand, is the first FDA-authorized at-home HPV self-collection device for cervical cancer screening. Through its telehealth platform, Teal Health provides an end-to-end screening experience that includes access to providers, at-home sample collection, secure results, and support with follow up care. As a member of the Cervical Cancer Roundtable (a collaboration between the American Cancer Society and Cancer Moonshot), Teal Health is helping to shape the future of preventive care. The company continuously advances screening standards through robust clinical evidence, including 17 peer-reviewed papers and presentations. Learn more at getteal.com.

SOURCE Teal Health

Strong participation from existing shareholders and strategic investors drives raise beyond the $10 million target

SCOTTSDALE, Ariz., Sept. 22, 2026 — Monetary Metals®, the global Gold Yield Marketplace^® platform, raised $10.5 million through its latest equity financing, surpassing the initial $10 million target.

The new capital will support the continued development of the Monetary Metals Gold Yield Marketplace®. The company is on an exponential growth trajectory, having more than doubled the amount of gold deployed year over year, and was recently named to the top 8% of the prestigious 2026 Inc. 5000 list.

Founded in 2012 by economist and entrepreneur Keith Weiner, Monetary Metals enables gold owners to earn a yield on their gold, challenging the traditional view that gold is an unproductive asset. The yield is achieved by leasing gold to precious metals businesses such as jewelers and refiners, to finance their gold inventory.

This equity raise includes investment from both existing and new shareholders. The latest financing brings the total amount raised by Monetary Metals to nearly $25 million.

Keith Weiner, founder and CEO of Monetary Metals said: 

“The continued support we receive from investors reflects growing recognition that we have not only created a new category of gold ownership—gold fixed income—but that we are the leader in that category. Because of Monetary Metals, gold is a productive, income-generating asset for clients across the globe. We are seeing strong growth across both sides of our marketplace, from gold owners seeking gold-denominated yield to precious metals businesses accessing more efficient financing solutions than those offered by traditional banks. We are grateful to our investors for supporting our vision of unlocking the productivity of gold and for their continued confidence in our mission as we scale the platform and expand its reach.”

Media Contacts:

About Monetary Metals:

Monetary Metals® is Unlocking the Productivity of Gold™ by offering a Yield on Gold, Paid in Gold® to investors, and Gold Financing, Simplified™ to gold-using businesses (mints, miners, refiners, jewelers, etc.).

Since 2016, individuals and institutions around the world have been earning a yield in gold and silver every month through our Gold Yield Marketplace®.

SOURCE Monetary Metals & Co.

Atum raises $13.5m to build the world’s first open payments network.

SAN FRANCISCO, Sept. 22, 2026 — Atum today emerged from stealth having built the open payments network, a first of its kind, for global money movement. Atum connects payment companies, developers, and enterprises through a single coordination layer, without issuing a currency, operating a blockchain, favoring a rail, or taking custody of customer funds. The company is launching with $13.5 million of funding from Variant, PayPal Ventures, Abstract Ventures, Road Capital, Mirana Ventures, First Commit, Credibly Neutral, and strategic advisor Charlie Songhurst.

Payments are fragmented across currencies, chains, apps, and local rails that do not interoperate, and every handoff adds cost, delay, and complexity. Stablecoins offer fast, low-cost global rails, but are spread across many blockchains, which pushes that complexity onto users. Atum is the coordination layer between them. Any integrator, developer, or application can submit a payment request, while settlement providers compete to fulfill the payments across any supported chain and stablecoin, with native authorization, reversible payments, and identity. Senders specify what they will send; receivers get what they asked to receive.

Atum is incentivized only by volume, and connects participants through a marketplace where settlement providers compete to fulfill each payment. That structure is what makes the network credibly neutral: its interests are aligned with everyone building on it. It is an open-loop payments and commerce platform.

The network serves businesses moving money: card issuers and acquirers, payment service providers, card networks, stablecoin orchestrators, wallets, fintechs, and enterprises—plus developers building on top. Atum supports financial institutions and stablecoin card issuers, for both non-agentic stablecoin payments and agentic payments through agentic protocols including x402 and MPP. Both humans and agents are completing payments on Atum today.

“This is my life’s work,” said Pete Cooling, founder and CEO of Atum. “In 2014 I saw that blockchains were payments networks, and everything since has pointed to the same conclusion. Onchain accounts are the future bank accounts, and new infrastructure is needed to make money move more seamlessly than it does today. Atum is that infrastructure.”

Cooling formerly led the crypto product team at Visa and has been researching and building blockchain-based payments systems over the past decade. He served as Visa’s representative on Linux’s OpenWallet Foundation, helping guide standards for digital wallets across identity, financial accounts, payment cards, and stablecoins.

Atum is open to builders today in at atum.xyz

About Atum

Atum is the open payments network for global money movement. Atum connects payment companies, developers, and enterprises through a unified coordination layer that handles authorization, routing, and confirmation without being a counterparty and without taking custody. Atum issues no currency, runs no blockchain, favors no rail, and doesn’t compete with any participant on its network. Learn more at atum.xyz.

Media Contact: Amy Van Aarle, 1-617-935-5837, [email protected] 

SOURCE Atum

BOSTON, Sept. 22, 2026 — Creatio, an AI CRM and workflow platform where people and AI agents work together, today announced a $300 million investment from 2026 through 2028 in Creatio Bank.AI, its market-leading offering for banks and financial institutions.

The investment comes as financial institutions rapidly accelerate their adoption of AI, and demand for Creatio’s platform continues to grow — Creatio’s financial services vertical grew 48% YoY. The $300 million commitment will build on this momentum, accelerating product AI innovation while expanding the enablement and deployment capabilities, and partner ecosystem needed to drive AI adoption at scale across financial institutions.

With deep experience in financial services, Creatio has built long-standing relationships with leading organizations including Nasdaq, First National Bank of Pennsylvania, Metro Bank, MetLife, CEC Bank, OTP Bank, National Bank of Panama, ESL Credit Union, and many others.

“The next generation of banking will be built around people and AI agents working together across customer and operational workflows,” said Katherine Kostereva, CEO of Creatio. “Our $300 million investment in Creatio Bank.AI will accelerate this transition, giving financial institutions the technology, industry expertise, and partner ecosystem to adopt AI faster and at enterprise scale.”

$300 Million Investment to Accelerate Innovation and Adoption
Between now and 2028, Creatio will significantly increase investment across the following strategic areas:

1. Product and AI innovation
Creatio will further accelerate the development of its Creatio Bank.AI platform, combining the market-leading AI platform, best-in-class AI CRM, and pre-built banking agents.

The platform powers three core banking domains: Growth, Service, and Operations. Growth agents accelerate customer acquisition, onboarding, and share-of-wallet expansion. Service agents elevate customer experience with faster, more personalized resolution. Operations agents streamline compliance, regulatory reporting, and mid- and back-office work.

Creatio will continue to advance its already superior AI Studio, enhancing no-code designers for both personal and enterprise AI agents, centralized AI governance, integrations, AI modality management, security, and enterprise-grade observability.

2. AI adoption and enablement
Creatio is reinforcing its investment in AI adoption and enablement for customers and partners. The focus is on equipping the banking community with the knowledge, frameworks, and hands-on guidance to adopt AI at scale.

The investment expands AI activation programs for customers and partners: dedicated training programs, AI accelerator workshops, and industry-specific guidance. Creatio is also strengthening its global channel delivery capabilities, arming implementation partners with the expertise to help financial institutions deploy high-value AI use cases.

Removing the Limits to AI Adoption in Banking
The investment builds on Creatio’s Unlimited Enterprise vision, enabling people and AI agents to work together on a single platform without traditional constraints around users, agents, workflows, applications, or scale.

As part of this broader commitment to the banking community, Creatio recently launched the Bank.AI hub, a dedicated destination for financial services executives to navigate the AI era. On September 24, Creatio will also host “Bank.AI: Practical AI Use Cases for Banking” digital event, and on October 27, the Bank.AI Summit in Chicago, bringing together industry leaders to share best practices for AI adoption and transformation.

About Creatio

Creatio is an AI CRM and workflow platform where people and AI agents work together — with no limits on users, agents, or scale. We help midsize and large organizations run customer workflows in the AI era. Headquartered in Boston, MA, with a global team and a large ecosystem of partners, Creatio serves thousands of customers in over 100 countries and automates tens of millions of workflows daily. Genuine care for our clients and partners is at the heart of our DNA.

Media Contact
Judyta Krylova
+1 617 765 7997
[email protected]

SOURCE Creatio

SAN FRANCISCO, Sept. 22, 2026 — Superpower today announced a new partnership with Sequoia to bring a more proactive model of preventive health to employers and their teams. The partnership will begin with Sequoia’s own 800+ employee workforce, giving Sequoia firsthand experience with Superpower while simultaneously making the solution available to eligible client organizations across its employer ecosystem.

Employer healthcare often starts after something has already gone wrong. Symptoms appear. A diagnosis is made. Risk shows up as a claim. Superpower is working to shift that experience earlier, helping people better understand their health before issues become more serious and helping employers support preventive care in a more meaningful way.

The partnership with Sequoia is designed to make that model easier for employers to evaluate and adopt. Sequoia works with more than 2,500 companies and reaches more than 600,000 people, giving it a broad view into the challenges employers face as they manage rising healthcare costs, fragmented benefits, and growing demand for more personalized employee support.

Many people want to be more proactive about their health, but the current system can make that difficult. Annual visits often rely on limited testing and provide only a snapshot in time. Health records may be spread across providers, apps, and systems. New technology can make guidance more personalized, but it works best when connected to comprehensive data and clinical support.

Superpower turns a simple blood draw into an ongoing preventive health experience. Members receive 150+ biomarker testing at home, at thousands of lab locations, or onsite. They also receive a longitudinal health profile that can combine labs, health records, and wearable data, along with a personalized action plan, 24/7 Health AI, licensed clinical support, proactive outreach, and retesting to track progress over time. When the data points to care or a benefit an employer already offers, Superpower helps the member understand where to go next.

By partnering with Sequoia, Superpower can bring this experience to an employer audience that is actively looking for more proactive, integrated ways to support workforce health. Sequoia will begin by offering Superpower to its own employees, then use that experience to advise eligible clients that are evaluating comprehensive preventive health as part of their broader benefits strategy.

“Most people are trying to make health decisions with limited information and a fragmented view of their health. Superpower brings together comprehensive testing, technology, and clinical support so people can better understand what is happening in their bodies and take action earlier. Partnering with Sequoia helps us bring that model to employers in a thoughtful, credible way, starting with Sequoia’s own team,” said Max Marchione, Chief Executive Officer at Superpower.

Sequoia’s decision to begin with its own workforce reflects the way many employers are approaching new health solutions: they want to understand the employee experience, the operational requirements, and the potential value before recommending or scaling them more broadly.

“Employers have made significant investments in healthcare, but much of that support begins after a condition is already known. We see an opportunity to help people engage earlier, with better information and clearer next steps. By offering this to our own team, we can learn firsthand what this experience delivers and help clients evaluate whether it fits into their broader preventive health strategy,” said Christina Sullivan, Chief Client Officer at Sequoia.

Health costs continue to rise, and employers often have limited visibility into health risks before they become more serious and more expensive. Through this partnership, Superpower and Sequoia aim to help employers move upstream, supporting people earlier, connecting them with appropriate care, and making better use of the benefits already available to them.

Eligible Sequoia client organizations should reach out to their Sequoia representative for more information.

About Superpower

Superpower has quickly become one of the most trusted names in preventive healthcare. The company has raised more than $40 million in funding, with its Series A led by Forerunner Ventures. Its membership combines comprehensive lab testing across 150+ biomarkers, AI-powered insights, personalized protocols, and 24/7 access to a clinical care team. The platform brings together each member’s test results with their broader health context – including previous labs, real-time wearable data, family history, and conversations with Superpower AI – to uncover trends, surface potential risks, and deliver ongoing guidance that evolves alongside them. For further information, visit www.superpower.com.

About Sequoia

Sequoia is the strategic partner helping investor-backed companies of all sizes achieve their business goals through smarter people spend. For over 25 years, we’ve guided the most innovative employers to navigate growth and get the most out of their global people investment. With our expert advisory team and integrated platform, we help clients drive business impact through their total comp and benefits, improving executive decision making, controlling costs, protecting the business, and elevating the employee experience. Visit Sequoia.com or follow us on LinkedIn to learn more.

SOURCE Superpower

Appointment strengthens Grafine’s leadership team and supports the firm’s continued growth and commitment to investors

NEW YORK, Sept. 22, 2026 — Grafine Partners, a principal investment firm focused on generating alpha in the lower middle and middle market, today announced that Suzanne Flannery has joined the firm as Managing Director, Head of Strategic Initiatives. In this newly created role, Ms. Flannery will work across the investment, capital formation and operations teams to further institutionalize Grafine as it continues to attract capital from sophisticated global investors and increase its direct investment activity.

Since founding Grafine in 2019, Founder and Managing Partner Elizabeth Weymouth has built a distinctive investment firm around seeking to identify exceptional sector-specialist private equity investors launching new firms and investing alongside them in high-alpha opportunities.

“We are delighted to welcome Suzanne to Grafine,” said Ms. Weymouth. “She brings a unique and valuable combination of investment experience, strategic perspective, and operating discipline to our growing platform. Her experience will strengthen our ability to serve our investors as we grow, helping us scale thoughtfully while continuing to provide the performance and high level of engagement that are central to Grafine.”

Ms. Flannery brings more than two decades of experience spanning alternative investments, business strategy and institutional asset management. Most recently, she served as Managing Director and Head of Product Marketing Platform at Neuberger Berman, where she led a global team supporting the firm’s investment offerings. Previously, she spent nine years at Goldman Sachs in senior roles across portfolio management, client solutions and hedge fund investing. Earlier in her career, she worked at J.P. Morgan and Monitor Group.

Ms. Flannery holds an MBA from Harvard Business School and an Honors Business Administration degree from Ivey Business School at Western University.

About Grafine Partners

Grafine Partners is a principal investment firm focused on generating alpha in the lower middle and middle market – segments offering some of private equity’s most compelling risk-adjusted return opportunities. The firm pursues this opportunity by partnering with sector-specialist investors launching new firms whose proprietary deal flow, deep domain expertise, and demonstrated track records of outperformance create what Grafine believes is a differentiated and repeatable sourcing advantage.  

Zach Kouwe
Dukas Linden Public Relations
[email protected] 

SOURCE Grafine Partners

The combined investment will support WIOCC Group’s long-term growth strategy, including the expansion of its terrestrial and subsea networks, data centre capacity and broader digital infrastructure platform

NEW YORK, Sept. 22, 2026 — WIOCC Group, Africa’s leading carrier-neutral digital infrastructure platform, today announced that the U.S. International Development Finance Corporation (DFC) intends to join Africa Finance Corporation (AFC) (www.AfricaFC.org) and Vision International Investment Company (Vision Invest) as an investor in the company. The announcement was made following a roundtable hosted by AFC on the sidelines of Unstoppable Africa’s Global Africa Business Initiative, held alongside the UN General Assembly (UNGA) in New York. The combined investment will support WIOCC Group’s long-term growth strategy, including the expansion of its terrestrial and subsea networks, data centre capacity and broader digital infrastructure platform, helping strengthen connectivity, digital access and local hosting capacity across the continent.

The investment comes at a pivotal moment for Africa’s digital development as demand for data, cloud services and artificial intelligence continues to grow. According to the International Telecommunication Union (ITU), only 35.7% of Africa’s population was using the internet in 2025, compared with a global average of 73.6%, highlighting the scale of the continent’s digital infrastructure needs and growth potential. Meanwhile, the United Nations Conference on Trade and Development (UNCTAD) projects the global AI market will reach US$4.8 trillion by 2033, while warning that access to AI capabilities and digital infrastructure remains concentrated in a limited number of countries and companies. These trends underscore the importance of investing in resilient, high-capacity infrastructure that can expand digital access, support cross-border data flows and help narrow the digital divide.

Operating in more than 30 African countries, WIOCC Group is a key enabler for further expansion, having established one of the continent’s most extensive, open-access digital infrastructure platforms that supports its clients in accessing new markets and delivering reliable digital services at scale.

With DFC, WIOCC Group brings together an expanded group of investors combining African, Saudi Arabian and U.S. development finance perspectives, reflecting the growing international consensus around the strategic importance of open-access digital infrastructure to Africa’s economic transformation. DFC’s investment is subject to further steps before commitment and closing, including congressional notification.

Conor Coleman, DFC’s Chief of Staff and Head of Investments, commented, “DFC’s investment in WIOCC Group will help build the next generation of trusted, resilient digital infrastructure needed to power Africa’s economic growth. This platform will not only provide the connectivity that businesses and communities need to participate in the digital economy, but it will also support American and allied partner companies seeking to grow in one of the world’s most dynamic markets, including U.S. hyperscalers and the broader American technology ecosystem.”

Commenting on this investment, Samaila Zubairu, President & Chief Executive Officer of AFC, said, ‘The Africa we build must be connected, competitive and equipped to create value from the digital economy, not only consume it. Just as transport corridors enable trade and energy networks power industry, fibre, data centres and subsea cables are now essential infrastructure for growth, innovation and AI. Our investment in WIOCC will expand the open-access digital backbone African businesses and communities need to integrate, innovate and compete globally.’

President & Chief Executive Officer of Vision Invest, Omar N. Al-Midani, added, ‘WIOCC Group has built one of Africa’s leading digital infrastructure platforms, and we are proud to partner together with DFC, AFC and WIOCC’s existing shareholders as the company enters its next phase of growth. Home to the world’s youngest population and expected to account for more than one-quarter of the global population by 2050, demand for digital services in Africa will continue to rise, necessitating impactful investments in connectivity and digital ecosystems to unlock new opportunities for innovation, economic diversification and sustainable growth as well as opportunities for businesses, innovators and communities across Africa.’

Chris Wood, Group Chief Executive Officer of WIOCC Group, further explained, ‘Africa is uniquely positioned to capitalise on the next phase of global digital growth. As demand for cloud, AI and digital services accelerates, robust and scalable infrastructure will be essential to unlocking the continent’s potential. This additional investment increases WIOCC Group’s ability to execute its long-term growth strategy by accelerating data centre deployment and consolidation, expanding the continent’s open-access terrestrial fibre footprint and investing strategically in new subsea assets, strengthening Africa’s digital infrastructure platform and enhancing connectivity between the continent and key international markets.’

Joshua Smythwood, Group Chief Strategy and M&A Officer of WIOCC Group, concluded, ‘The successful completion of this additional investment marks another important step in WIOCC Group’s evolution, further enhancing the Group’s financial strength and enabling the management team to strengthen our market position, accelerate growth, enhance our ability to meet the evolving needs of customers across Africa, and generate long-term value for investors and stakeholders.’

The combined investment brings together AFC’s long-standing commitment to advancing Africa’s economic development, Vision Invest’s experience in developing strategic and impactful infrastructure investments, and DFC’s mandate to mobilise private capital to address development challenges. Together with WIOCC Group’s established digital footprint and extensive market relationships, the partnership will support the continued expansion of Africa’s digital ecosystem and the continent’s growing participation in the global digital economy.

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Download Image (1): https://apo-opa.co/4hg1Hrb (Representatives of WIOCC Group, AFC, Vision Invest and the U.S. DFC at the AFC-hosted roundtable in New York, where DFC announced its intention to join as an investor in WIOCC Group (1))

Download Image (2): https://apo-opa.co/4rq9Yfu (Representatives of WIOCC Group, AFC, Vision Invest and the U.S. DFC at the AFC-hosted roundtable in New York, where DFC announced its intention to join as an investor in WIOCC Group (2))

Download Image (3): https://apo-opa.co/4iCU8fb (Representatives of WIOCC Group, AFC, Vision Invest and the U.S. DFC at the AFC-hosted roundtable in New York, where DFC announced its intention to join as an investor in WIOCC Group (3))

Download Image (4): https://apo-opa.co/4Aqp5td (Representatives of WIOCC Group, AFC, Vision Invest and the U.S. DFC at the AFC-hosted roundtable in New York, where DFC announced its intention to join as an investor in WIOCC Group (4))

Media Contacts:
Greg Sellars
Director Global Brand & Communications
WIOCC
Email: [email protected]

Yewande Thorpe
Communications
Africa Finance Corporation
Mobile: +234 1 279 9654
Email: [email protected]

Suha Matar
VP Corporate Communications
Vision Invest
Email: [email protected]

DFC Press
Email: [email protected]

About DFC:
The U.S. International Development Finance Corporation (DFC) is the international investment arm of the United States Government and central to U.S. economic statecraft. DFC mobilizes private capital to advance U.S. foreign policy and economic development. Our investments deliver strong returns for American taxpayers, drive meaningful economic development for our allies and partners, and secure supply chains to counter and outcompete our adversaries.   

About Africa Finance Corporation (AFC):
AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

Nineteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of energy, natural resources, heavy industry, transport, and telecommunications. AFC has 48 member countries and has invested over US$19 billion in 36 African countries since its inception.

About Vision Invest:
Vision Invest is a leading Saudi Arabian infrastructure investment and development company at the forefront of public and private sector partnerships in the Kingdom of Saudi Arabia, and beyond. Contributing to sustainable economic development and growth, the company operates across a wide range of vital sectors, including energy transition, advanced digital infrastructure, resource recovery and preservation, transport and logistics, and social and economic infrastructure. Its portfolio footprint spans five continents, including Asia, Africa, Australia, and South America.

About WIOCC:

Africa’s Digital Infrastructure Leader

WIOCC Group is Africa’s leading digital infrastructure platform, building and operating the critical infrastructure that enables intra-African and international connectivity.

Through strategic investments in subsea assets, terrestrial networks, metro infrastructure, hyperscale data centres and digital platforms, WIOCC Group underpins the expansion and scalability of digital services across the continent.

Its carrier-neutral, open-access approach connects businesses, communities and digital ecosystems, supporting connectivity, cloud, AI, content delivery and the continued growth of Africa’s digital economy.

End-to-End Enabler of Africa’s Interconnected Digital Ecosystem

Trusted in Africa since 2008, WIOCC Group delivers reliable, scalable and future-ready digital infrastructure that strengthens connectivity, expands access and creates the foundations for sustainable digital and economic growth across the continent.

SOURCE Africa Finance Corporation (AFC)