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Sequoia China Infrastructure and ST Telemedia Global Data Centres Invest USD620m in China’s GDS
Sequoia China Infrastructure Fund I, ST Telemedia Global Data Centres and an Asian sovereign wealth fund invested USD620m in China-based data center operator GDS Holdings via convertible notes. Read More
Vinci Partners Invests ~USD20m in Brazil’s DMCard
Vinci Partners, through its Vinci Impacto e Retorno IV, agreed to invest BRL100m (~USD20m) for a minority stake in DMCard, a Brazil-based fintech focused on providing credit to the low-income population. Read More
JAM Fund, ICCP-SBI Venture, Kaya Founders Invest USD31m Series B for Philippines’ PayMongo
Philippines-based fintech PayMongo raised a USD31m Series B from JAM Fund, ICCP-SBI Venture Partners and Kaya Founders, with follow-on from Global Founders Capital and SOMA Capital. Read More
Macrocapitales Sells 33.33% of Hass Peru to Local Investors
Macrocapitales’ Fortaleza Fondo de Inversión de Capital Privado sold 33.33% of Peru-based agroindustrial company Hass Peru to local investors. Read More
L Catterton Invests in China’s Shanghai Enova Pet Products
L Catterton invested an undisclosed amount in Shanghai Enova Pet Products, the owner of China-based premium pet food brand Pure & Natural. Read More
Country Garden Venture Capital and Primavera Lead USD400m Series D for Hong Kong Asia Medical Group
Country Garden Venture Capital and Primavera Capital led a USD400m Series D for hospital chain Hong Kong Asia Medical Group, with participation from Taikang Life Insurance, ICBC International, ABC International, BOCOM International, Hudson Bay Capital and Sherpa Venture Capital, and follow-on from Legend Capital and General Atlantic. Read More
500 Global Invests Pre-Seed Round for Hong Kong’s OnMyGrad
500 Global invested an undisclosed pre-seed round for Hong Kong-based edtech OnMyGrad. Read More
Advent Acquires 25% Stake in Brazil’s Tigre for ~USD264m
Advent International acquired a 25% stake in Brazil-based construction materials manufacturer Tigre for BRL1.35b (~USD264m). Read More
DST Global Leads USD140m Series C+ for China’s Fenbeitong
DST Global led a USD140m Series C+ for China-based corporate spend platform Fenbeitong, with participation from D1 Capital Partners, WhaleRock, Saudi Aramco’s P7 Ventures and Emergence, and follow-on from Hillhouse Capital, Ribbit, Stau, Glade Brook and Bit Rock. Read More
Warburg Pincus Invests USD100m in Brazil’s Sólides
Warburg Pincus invested USD100m in Sólides, a Brazil-based talent management platform. Read More
Africa50 Invests USD20m in PAIX Data Centers
Africa50 invested USD20m in African data center operator PAIX Data Centers as part of the company’s Series B. Read More
Amethis Acquires Minority Sake in Cote d’Ivoire’s SIBM
Amethis acquired a minority stake in SIBM, a manufacturer of precast concrete products in Côte d’Ivoire, for an undisclosed amount. Read More