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Go-Ventures Leads USD6m Seed Round for Indonesia’s AgriAku
Go-Ventures led a USD6m seed round for AgriAku, an Indonesia-based B2B marketplace for farmers, with participation from MDI Arise, MDI Centauri, Mercy Corps Social Venture Fund and angels. Read More
Goodwater Capital, Naver and Tanglin Venture Partners Invest USD65m Series C for India’s Pocket FM
Goodwater Capital, Naver and existing investor Tanglin Venture Partners invested a USD65m Series C for India-based audio over-the-top platform Pocket FM. Read More
Spark Capital Leads USD40m Series B for Serbia’s Tenderly
Spark Capital led a USD40m Series B for Tenderly, a Serbia-based platform for Ethereum decentralized apps (Daaps), with participation from Accel, Point Nine Capital, Abstract Ventures, Coinbase Ventures, Uniswap and Daedalus. Read More
Oak HC/FT Leads USD82m Series C for Mexico’s 99minutos
Oak HC/FT led a USD82m Series C for 99minutos, a Mexico-based last-mile logistics platform for e-commerce vendors, with follow-on from KASZEK and Prosus Ventures. Prosus led the company’s USD40m Series B in June 2021. Read More
GIC Leads ~USD100m Investment in South Korea’s RIDI
GIC led a KRW120b (~USD100m) investment in South Korea-based digital content platform RIDI Corporation at a reported KRW1.6t (~USD1.3b) valuation, with participation from NVESTOR and follow-on from Korea Development Bank and Atinum Investment. Read More
SHUAA Capital SPAC Raises USD100m on Nasdaq
SHUAA Partners Acquisition Corp 1, a SPAC formed by SHUAA Capital, raised USD100m on the Nasdaq. The SPAC will target technology and/or tech-enabled financial services businesses based out of the Middle East, North Africa and Turkey. Read More
Accel Reaches USD650m Final Close for Seventh India Fund
Accel reached a USD650m final close for its seventh India fund targeting investments in early- and growth stage opportunities, with an additional focus on Southeast Asia. Read More
Pantera Capital Leads USD50m Series B for South Africa’s VALR
Pantera Capital led a USD50m Series B for South Africa-based cryptocurrency exchange VALR at a reported USD240m valuation, with participation from Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, GSR, Third Prime and Avon Ventures, and follow-on from Bittrex and 4Di Capital. Read More
Generation Investment Management and Broadscale Lead USD75m Investment in Kenya’s M-KOPA
Generation Investment Management and Broadscale Group led a USD75m investment in M-KOPA, a Kenya-based asset financing platform for the underbanked, with participation from LocalGlobe and HEPCO Capital Management, and follow-on from CDC Group and Lightrock. Read More
Lightspeed Leads USD100m Series B+ for Bulgaria’s Payhawk
Lightspeed led a USD100m Series B+ for Bulgaria-based payments and expense management provider Payhawk at a reported USD1b valuation, with participation from Sprints Capital, Endeavor Catalyst, HubSpot Ventures and Jigsaw VC, and follow-on from Earlybird Digital East and QED Investors. Read More
Tiger Global and Huaxing Growth Capital Lead USD100m Series C for China’s Dianxiaomi
Tiger Global Management and China Renaissance’s Huaxing Growth Capital led a USD100m Series C for China-based e-commerce SaaS platform Dianxiaomi, with follow-on from GGV Capital, CDH Venture and Growth Capital and Gaorong Capital. Read More
Sequoia Capital China and Legend Capital Lead USD188m Series B+ for China’s Inceptio Technology
Sequoia Capital China and Legend Capital led a USD188m Series B+ for China-based self-driving truck company Inceptio Technology, with participation from Chow Tai Fook Enterprises, Cedarlake Capital and Wuchan Zhongda Group, and follow-on from Meituan, NIO Capital, Eight Roads and Broad Vision Funds. Read More