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Advent To Acquire 49% Stake in Argentina’s Prisma for USD350m
Advent International acquired the remaining 49% stake in Argentina-based payments company Prisma for USD350m. Advent first acquired a 51% stake in the company in 2019. Read More
Speedinvest, Left Lane, Others Lead USD105m Series A2 for Nigeria’s Moove
Nigeria-based mobility fintech Moove raised a USD105m Series A2 round comprising equity and debt from existing investors Speedinvest, Left Lane Capital and thelatest.ventures, with participation from AfricInvest, MUFG Innovation Partners, Latitude and Kreos Capital. Read More
Sequoia Capital China and Gaorong Lead USD120m Series A&A+ for China’s XVERSE
China-based 3D user-generated content platform XVERSE raised USD120m across a Series A and a Series A+ round. Sequoia Capital China led the Series A+, with participation from Temasek Holdings and CPE, and follow-on from Gaorong Capital, 5Y Capital and GL Ventures. Gaorong also led the Series A. Read More
Byju Raveendran Leads USD800m Investment in India’s Byju’s
Indian edtech giant Byju’s raised USD800m at a reported USD22b valuation. CEO Byju Raveendran invested USD400m, while Sumeru Ventures, Vitruvian Partners and BlackRock provided the rest. Read More
Kuramo Capital Acquires Debt Interests in DRC’s Plantations et Huileries du Congo From BIO, CDC, DEG & FMO
Kuramo Capital Management acquired debt interests in Plantations et Huileries du Congo, the operator of three palm oil plantations in the Democratic Republic of Congo, from BIO, CDC Group, DEG and FMO via a secondary debt transaction. Read More
Cloudview Reaches ~USD316m First Close for CNY Fund
Cloudview reached a CNY2b (~USD316m) first close for its second CNY-denominated fund targeting investments in growth stage companies in the semiconductors, renewable energy, healthcare and consumer durables industries. Read More
Heritas Capital Leads a USD20m Series B for Vietnam’s Jio Health
Heritas Capital led a USD20m Series B for Vietnam-based healthcare startup Jio Health, with participation from Fuchsia Venture Capital (the CVC of Muang Thai Group Holdings) and Kasikorn Bank Group, and follow-on from Monk’s Hill Ventures. Read More
Andreessen Horowitz, KASZEK and monashees Lead USD10m Seed Round for Colombia’s Yuno
Andreessen Horowitz, KASZEK and monashees led a USD10m seed round for Yuno, a Colombia-based checkout platform for last-mile delivery startups, with participation from Nazca, ONEVC, Latitud and Bridge Partners. Read More
TYH Ventures Leads USD40m Series B for Singapore’s Silent Eight
TYH Ventures led a USD40m Series B for Silent Eight, a Singapore-based cybersecurity platform for financial institutions, with participation from HSBC Ventures, OTB Ventures, Wavemaker Partners, SC Ventures, Aglaia and Koh Boon Hwee. Read More
SoftBank Leads USD60m Series C for Brazil’s Contabilizei
SoftBank led a USD60m Series C for Contabilizei, a Brazil-based tax filing and accounting platform for SMEs, with participation from Goldman Sachs and Pruven Capital, a US-based VC solely financed by Prudential Financial. Read More
Katapult Climate and 216 Capital Lead USD1.3m Round for Tunisia’s Wattnow
Katapult Climate and 216 Capital led a USD1.3m round for Wattnow, a Tunisia-based IoT smart energy management solution, with participation from Launch Africa Venture, Cross Boundary and Oman Technology Fund. Read More
Antler East Africa Reaches USD13.5m Final Close for Early-Stage Tech Fund
Women-led VC Antler East Africa reached a USD13.5m final close for its new fund targeting investments in early-stage tech startups in Africa. Read More