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Radical Ventures Leads USD25m Series A for India’s Pixxel
Radical Ventures led a USD25m Series A for Pixxel, an India- and US-based earth imaging platform, with participation from Blume Ventures, Lightspeed and others. Read More
LeapFrog Sells 30% Stake in Kenya’s Goodlife Pharmacies to Eurapharma
LeapFrog Investments sold a 30% stake in Kenya-based healthcare and retail pharmacy chain Goodlife Pharmacies to Eurapharma. Read More
Alpha Wave Global and Tiger Global Lead USD70m Series D for India’s Classplus
Alpha Wave Global and Tiger Global led a USD70m Series D for Classplus, an India-based course management platform for teachers, with participation from Chimera Ventures and RTP Global. Read More
Tata Capital Reaches USD126m Final Close for Healthcare Fund II
Tata Capital reached a USD126m final close for Tata Capital Healthcare Fund II. The vehicle will invest in sub-sectors of pharmaceuticals, pharma and allied services, healthcare delivery, medical devices and digital health in India. Read More
EIG and Fluxys To Acquire 80% Stake in Chile’s GNL Quintero
EIG and Fluxys agreed to acquire an 80% stake in Chile-based regasification terminal GNL Quintero from Enagas and Omers for USD661m. Read More
Andreessen Horowitz and NFX Lead USD11.5m Seed Round for Latitud
Andreessen Horowitz and NFX led a USD11.5m seed round for Latitud, a US- and Brazil-based enterprise platform for Latin American startups’ company formation, cap table and cross-border capital management, with participation from Canary, Endeavor Catalyst, FJ Labs and Ganas Ventures. Read More
Global Ventures, DASH, Others Lead USD44m Series B for Jordan’s Altibbi
Jordan-based healthtech Altibbi raised a USD44m Series B led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. Read More
OMAI Invests ~USD4.9m Debt & Equity To Develop Two Schools in South Africa
OMAI, through its Education Investment Impact Fund of South Africa, invested ZAR71m (~USD4.9m) in debt and equity to develop two independent schools in South Africa in partnership with local education operator Piyuse Thomas. Read More
Goldman Sachs-Led Consortium Completes USD900m Stapled Secondary for BPEA
A consortium of investors led by Goldman Sachs Asset Management and including AlpInvest Partners, LGT Capital Partners and Partners Group completed a USD900m stapled secondary for BPEA. The consortium acquired interests in BPEA’s fifth and sixth funds and made a USD270m commitment to Fund VIII. BPEA recently merged with EQT. Read More
Sequence Ventures Reaches ~USD8m First Close for Egypt Deep-Tech Fund
Sequence Ventures reached a EGP150m (~USD8m) first close for its Egypt Deep-Tech Fund. The vehicle aims to acquire companies operating in a range of tech sectors, including healthtech, fintech, edtech, proptech, logistics and DevOps. Read More
Alpha Wave Global, Tiger Global, Norwest Venture Partners, Others Lead USD200m Series A for India’s Oxyzo
Oxyzo, the lending arm of India-based OfBusiness, raised a USD200m Series A at a reported USD1b valuation led by Alpha Wave Global, Tiger Global, Norwest Venture Partners, Matrix Partners and Creation Investments. Read More
GAC, Bosch, Carlyle, Others Invest USD400m in China’s WeRide
China-based AV maker WeRide raised USD400m at a reported USD4.4b valuation from investors including state-owned automaker GAC and German auto parts supplier Bosch, with participation from Carlyle Group and others. Read More