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LIV Capital’s Second SPAC Raises USD100m on the Nasdaq
LIV Capital Acquisition Corp II, a SPAC formed by LIV Capital Group, raised USD100m in its IPO on the Nasdaq. Read More
KKR Leads USD180 Series F in Livspace
KKR led a USD180m Series F for India-based home interior and renovation platform Livspace at a reported unicorn valuation, with follow-on from Ingka Group (Ikea), Jungle Ventures, Venturi Partners and Peugeot Investments. Read More
KawiSafi Ventures Leads USD15.5m Series B for Mexico’s Sistema.bio
KawiSafi Ventures led a USD15.5m Series B for Sistema.bio, a Mexico-based developer of biodigester energy for agricultural producers, with participation from AXA IM Impact Investing, and follow-on from Engie RDE, Chroma Impact, Blink CV and Co Capital. Read More
I&P Invests in Madagascar’s Malakass
I&P, through its specialized investment unit Miarakap, invested an undisclosed amount in Malakass, a Madagascar-based agricultural company specialized in processing cassava into flour. Read More
I&P Exits Madagascar’s Ultramaille
I&P fully exited Ultramaille, a Madagascar-based textile company specializing in knitwear, for an undisclosed amount. Read More
Hedgestone Capital Leads USD45m Series C+ for China’s Ponhu
Hedgestone Capital led a USD45m Series C+ for Ponhu, a China-based trading platform for second-hand luxury goods, with participation from Jinhuifeng Investment and follow-on from INCE Capital. Read More
Affirma Capital Acquires Singapore’s Little Paddington
Affirma Capital acquired Singapore-based preschool chain Little Paddington for an undisclosed amount. Read More
Source Code, GGV, BAI Capital and Sequoia Invest USD50m Series A for China’s Taichi Graphics
Taichi Graphics, a China-based 3D content collaboration platform, raised a USD50m Series A from Source Code Capital, GGV Capital, BAI Capital and Sequoia Capital China. Read More
MRK Leads USD1.1m Investment for Saudi Arabia’s Tamawal
MRK led a USD1.1m investment for Saudi Arabia-based fintech Tamawal, with participation from 500 Falcons and angels. Read More
Spark Capital and Earlybird Lead USD11m Seed Round for Turkey’s Midas
Spark Capital and Earlybird Digital East Fund led a USD11m seed round for Midas, a Turkey-based retail investing platform, with participation from Nigel Morris (QED Investors) and Revo Capital. Read More
Trifecta Capital Raises ~USD200m for India Equity Fund
Trifecta Capital raised INR15b (~USD200m) for Trifecta Leaders Fund, its first equity fund targeting investments in late-stage Indian tech startups. Trifecta is looking to raise an additional INR3.75b (~USD50m) under a green shoe option. Read More
Ninety One’s EAIF Provides USD35m Loan to Develop Kesses Solar Generation Project in Kenya
Ninety One’s EAIF provided a USD35m loan to Alten Kenya Solarfarms to develop the 40MW Kesses solar generation facility in Kenya. Read More