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Rali_cap Reaches USD20m First Close for Emerging Market Fintech Fund
Rali_cap (formerly Rally Cap Ventures) reached a USD20m first close for its debut fund. The vehicle has a USD30m target and will invest in B2B and API-first fintechs across Africa, Latin America and South Asia at pre-seed and seed stages. The fund expects to achieve a second close in June 2022. Read More
Sequoia India, Alpha Wave and Tiger Global Invest USD100m in India’s Absolute
Sequoia Capital India, Alpha Wave Global and Tiger Global invested USD100m in India-based agtech Absolute. Read More
EXEO Capital Acquires South Africa’s Chemical Process Technologies
EXEO Capital acquired Chemical Process Technologies, a South Africa-based manufacturer of animal active pharmaceutical ingredients, for an undisclosed amount. Read More
HAVAÍC Universum Core African Fund Reaches USD20m Final Close
HAVAÍC Universum Core African Fund, a vehicle established by a joint venture between HAVAÍC and Universum Wealth, reached a USD20m final close. The fund will target investments in early-stage technology companies in South, East and West Africa. Read More
Square Peg Capital Leads USD37m Series B for Malaysia’s LottieFiles
Square Peg Capital led a USD37m Series B for LottieFiles, a Malaysia-based motion graphics platform for designers and developers, with participation from XYZ Venture Capital and GreatPoint Ventures, and follow-on from 500 Global and M12. Read More
Accel Leads USD65m Series A for Lithuania’s Kevin
Accel led a USD65m Series A for Kevin, a Lithuania-based payments fintech for online and retail stores, with participation from Eurazeo, OTB Ventures, Speedinvest, OpenOcean and Global Paytech Ventures. Read More
Insight Partners Leads USD196m Series B for Mosyle
Insight Partners led a USD196m Series B for Mosyle, a Brazil- and US-based mobile device management platform for Apple devices, with participation from StepStone Group and follow-on from Elephant and Album VC. Read More
Apollo Invests USD750m Debt in Mumbai International Airport
Apollo invested USD750m in debt in Mumbai International Airport via a private placement. Read More
Karma Ventures and Hoxton Ventures Lead a USD15m Series A for Romania’s Druid
Karma Ventures and Hoxton Ventures led a USD15m Series A for Druid, a Romania-based developer of enterprise chatbots. Read More
Advent International To Invest in Colombia’s GHL Hotels
Advent International agreed to make an undisclosed investment in Colombia-based third-party hotel operator GHL Hotels as part of partnership to support the company’s expansion across Latin America. Read More
AIIM, SAHIF and STOA Acquire Additional 25.8% Stake in South Africa’s MetroFibre; Sanlam and African Rainbow Capital Exit
AIIM, alongside a consortium comprising South African Housing & Infrastructure Fund (SAHIF) and STOA, completed the acquisition of an additional 25.8% stake in MetroFibre Networx, a South Africa-based open access fiber network operator, from Sanlam Private Equity, African Rainbow Capital and a minority shareholder. The transaction follows the ZAR1.5b (~USD97m) investment completed by AIIM, SAHIF and STOA in December 2020.… Read More
EC Investments and J&T Capital Lead ~USD63m Series B for Czech Republic’s DoDo Group
EC Investments and J&T Capital led a EUR60m (~USD63m) Series B for DoDo Group, a last-mile B2B logistics tech company based in Czech Republic. Read More