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EverSource Reaches USD741m Final Close for India Climate Impact Fund
EverSource Capital reached a USD741m final close for Green Growth Equity Fund, a climate impact vehicle focused on climate change, mitigation and adaptation in India. Read More
Africa50 Leads USD28m Series C for Kenya’s Poa Internet
Africa50 led a USD28m Series C for Kenya-based ISP Poa Internet, with follow-on from Novastar Ventures. Read More
Lightrock India, Quona Capital and Asia Impact Lead USD46m Series C for India’s Arya
Lightrock India, Quona Capital and Asia Impact led a USD46m Series C for India-based agtech Arya. DFC and others provided an additional USD14m as debt. Read More
Jungle Ventures Leads USD8m Series A for Vietnam’s Mio
Jungle Ventures led a USD8m Series A for Vietnam-based social commerce startup Mio, with participation from Patamar Capital and Oliver Jung (LAO Holdings), and follow-on from GGV Capital, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram (DoorDash). Read More
ILX Reaches USD750m First Close for EM Private Credit Fund
ILX Management reached a USD750m first close for ILX Fund I, its emerging markets SDG-focused private credit fund. Dutch pension provider APG committed the capital. Read More
Phatisa Acquires South Africa’s Deltamune
Phatisa, through its Phatisa Food Fund 2, acquired 100% of South Africa-based biotech Deltamune, together with the company’s management, from HL Hall & Sons Investments for an undisclosed amount. Read More
Verdant Capital Reaches USD36m First Close for Hybrid Fund
Verdant Capital reached a USD36m first close for its Verdant Capital Hybrid Fund. The vehicle, which has an initial target size of USD100m, will invest hybrid capital and subordinated debt instruments into inclusive financial institutions across Africa. Read More
FinDev Commits up to USD13m to Triple Jump’s Energy Entrepreneurs Growth Fund
FinDev Canada committed up to USD13m to Energy Entrepreneurs Growth Fund. The vehicle is managed by Triple Jump and aims to offer financing and technical assistance to early- and growth-stage companies that increase access to clean and affordable energy for off-grid households and businesses in sub-Saharan Africa. Read More
D1 Capital Leads ~USD36m Series A for Brazil’s Rei do Pitaco
D1 Capital led a ~USD36m Series A for Rei do Pitaco, a Brazil-based fantasy sports and gaming platform, with participation from Left Lane Capital and Globo Ventures, and follow-on from KASZEK and Bullpen Capital. Read More
SoftBank Leads ~USD40m Series A for Brazil’s TerraMagna
SoftBank led a ~USD40m Series A for TerraMagna, a Brazil-based agtech platform providing working capital for farmers, with participation from Shift Capital and Brazilian credit investor Milenio Capital, and follow on from Canary, The Yield Lab, MAYA Capital, ONEVC and Accion Venture Lab. Read More
Dyal Capital Partners Invests USD1b for 13% Stake in MBK Partners
Dyal Capital Partners invested USD1b for a 13% stake in MBK Partners, a South Korea-based PE firm focused on North Asia. Read More
Tiger Global Leads USD82m Series B for India’s Refyne
Tiger Global led a USD82m Series B for Refyne, an India-based earned wage access platform, with follow-on from QED Investors, partners of DST Global, RTP Global, Jigsaw VC and XYZ Capital. Read More