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Investcorp Leads USD100m Series C for Saudi Arabia’s TruKKer
Investcorp led a USD100m Series C for TruKKer, a UAE-based digital freight platform, with participation from Riyad Valley Capital, Reliance Group, and March Holding, and follow-on from Mubadala. Read More
Goldman Sachs Provides USD140m Asset-backed Loan for Chile’s Xepelin
Goldman Sachs provided a USD140m asset-backed loan for Xepelin, a Chile-based payments and lending platform for SMEs. KASZEK and Avenir Growth led a USD111m Series B in May, in the largest known Series B for a Chile-based startup at the time. Read More
Level2 Ventures Leads ~USD2.2m Investment in Poland’s DoxyChain
Level2ventures led a EUR2.2m (~USD2.2m) investment for DoxyChain, a Poland-based blockchain document management system, with participation from CV VC, Satus Starter and Müller Medien. Read More
China’s Shuhai Supply Chain Management Raises ~USD115m Series B Led by Bank of China Group Investment, China Agricultural Reclamation Industry Development Fund and China Resources
Shuhai Supply Chain Management, a China-based provider of supply chain logistics for restaurants, raised a CNY800m (~USD115m) Series B led by Bank of China Group Investment, China Agricultural Reclamation Industry Development Fund and China Resources, with follow-on from Legend Capital. Read More
Värde Partners To Provide ~USD150m in Debt Financing for India’s Reliance Power
Värde Partners agreed to provide INR12b (~USD150m) in debt financing to India-listed utility provider Reliance Power. Read More
Bboxx To Acquire Ghana’s Private Capital-backed PEG Africa
Bboxx agreed to acquire PEG Africa, a Ghana-based off-grid solar energy provider backed by investors such as responsAbility Investments and Investisseurs & Partenaires, for an undisclosed amount. Bboxx’s investors include Bamboo Capital Partners, Acumen Capital Partners and Lion’s Head Global Partners. Read More
Hamilton Lane Reaches ~USD953m Final Close for Latest Private Credit Fund
Hamilton Lane reached a ~USD953m final close for its Strategic Opportunities Fund VII, which will target primarily direct credit investments. Read More
Itochu Corporation Leads USD44m Series C for Singapore’s Docquity
Itochu Corporation led a USD44m Series C for Singapore-based health services platform Docquity, with participation from iGlobe Partners, Alkemi, Global Brain, KDV and Infocom. Read More
Navis Capital Partners Exits Singapore’s Adampak
Navis Capital Partners exited its 100% stake in Adampak, a Singapore-based manufacturer specializing in labels and barcode stickers, to Oji Imaging Media, a Japan-based paper company, for an undisclosed amount. Navis tookAdampak private for ~USD88m through its sixth fund in 2012. Read More
China’s Mogulinker Raises ~USD14.5m Series C1 Led by Broadstream Capital, V Fund and Zhisland
Mogulinker, a China-based software provider for the industrial internet/IoT industry,, raised a CNY100m (~USD14.5m) Series C led by Broadstream Capital, V Fund and Zhisland, with follow-on from GGV Capital and Xiang He Capital. Read More
Gradient Ventures Leads USD15m Series A for Mexico’s R2
Gradient Ventures led a USD15m Series A for R2, a Mexico-based embedded lending platform for consumer-facing applications, with participation from FEMSA Ventures and PayU, and follow-on from General Catalyst, Magma Partners and 166 2nd, the FO of WeWork founder Adam Neuman. General Catalyst led a USD5.9m seed round in February 2022. Read More
CD Capital Leads USD50m Series A for China’s Neukio Biotherapeutics
CD Capital led a USD50m Series A for Neukio Biotherapeutics, a China-based developer of cell therapies for cancer treatment, with participation from Alwin Capital and Surplus Capital, and follow-on from Lilly Asia Ventures, Sherpa Healthcare Partners and IDG Capital. Read more here and h Read More