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Flourish Ventures and Antler Lead USD10m Round for Singapore’s Brick
Flourish Ventures and Antler led a USD10m round for Brick, a Singapore-based fintech provider, with participation from Trihill Capital, Better Tomorrow Ventures and Rally Cap Ventures. Read More
Ninety One’s EAIF Invests USD20m in USD420m Bond Issued by AXIAN Telecom
Ninety One’s EAIF invested USD20m in a USD420m bond issued by AXIAN Telecom, an African provider of telecommunications, mobile money services and digital infrastructure. CDC, DEG and IFC also invested in the bond. Read More
Novastar Leads USD4.3m Seed Round for Kenya’s BasiGo
Novastar Ventures led a USD4.3m seed round for Kenya-based EV startup BasiGo, with participation from new and existing investors including Moxxie Ventures, Nimble Partners, Spring Ventures, Climate Capital and Third Derivative. Read More
Tiger Global, BECO and Prosus Ventures Lead USD20m in Series A for Egypt’s Thndr
Tiger Global, BECO Capital and Prosus Ventures led a USD20m Series A for Egypt-based fintech Thndr, with participation from Base Capital and firstminute, and follow-on from Endure Capital, 4DX Ventures, Raba Partnerships and JIMCO. Read More
Signal Peak Ventures Leads USD20m Series A for UAE’s Hubpay
Signal Peak Ventures led a USD20m Series A for UAE-based fintech Hubpay, with participation from Olive Tree Capital and BECO Capital, and follow-on from Stormbreaker, Emkan Capital and Aditum. Read More
Yolo Investments and ZGI Capital Lead USD7.4m Series A for Estonia’s eAgronom
Yolo Investments and ZGI Capital led a USD7.4m Series A for eAgronom, an Estonia-based farm management software platform focused on carbon credits, with participation from Trind VC, Iron Wolf Capital and Specialist VC. Read More
Quartz Leads ~USD30m Round for Brazil’s WAP
Quartz led a ~USD30m round for WAP, a Brazil-based home appliances company, with participation from Echo Capital, Malwee and PIPO Capital. Read More
SouthLight Capital’s LatAm Growth SPAC Raises USD130m on Nasdaq
LatAm Growth SPAC, a special purpose acquisition company launched by SouthLight Capital (formerly Colony LatAm Partners) raised USD130m in its IPO on the Nasdaq. Read More
Mizuho Bank Leads USD131m Series B for Philippines’ Tonik
Mizuho Bank led a USD131m Series B for Philippines-based neobank Tonik, with participation from Prosus Ventures, Sixteenth Street Capital, Nuri Group and Rahul Mehta (DST Partners), and follow-on from Sequoia India, Point72 Ventures, Insignia Ventures Partners, iGlobe Partners, Alpha JWC Ventures, Citius, Blauwpark Partners and Kraft. Read More
Nuveen Reaches USD218 Final Close for Global Impact Fund
Nuveen reached a USD218m final close for its Nuveen Global Impact Fund. The vehicle will target investments in disruptive businesses that combat climate change and inequality globally. Read More
Blackstone, TPG and ChrysCapital Invest USD300m in India’s Xpressbees
Blackstone, TPG and ChrysCapital invested a USD300m Series F for India-based e-commerce logistics startup XpressBees at a reported USD1.2b valuation, facilitating a partial exit for Alibaba and a full exit for an unnamed Chinese investor. Read More
QIA Commits USD1.5b to Bodhi Tree
QIA committed USD1.5b to Bodhi Tree, a new investment platform launched by James Murdoch (21st Century Fox) and Uday Shankar (Star India) targeting investments in media and consumer tech in Southeast Asia and India. Read More