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3TS Capital Exits Polands SALESmanago via Sale to SilverTree Equity and Perwyn
3TS Capital exited SALESmanago, a Poland-based SaaS marketing automation platform, via a sale to SilverTree Equity and Perwyn for an undisclosed amount. Read More
Sequoia India Leads USD105m Series C for Singapore’s LingoAce
Sequoia Capital India led a USD105m Series C for Singapore-based edtech LingoAce, with participation from Owl Ventures, Shunwei Capital and SWC Global. Read More
StepStone Group Leads USD102m Series C for Mexican Fintech Kueski
StepStone Group led a USD102m Series C for Kueski, a Mexican consumer lending platform, with participation from One Prime Capital and Glisco, and follow-on from Cometa, Angel Ventures, Altos Ventures, Cathay Innovation, Richmond Global Ventures, Rise Capital and Tuesday Capital. Read More
OMAI, Sanlam, Brait and Sphere Exit South Africa’s Consol Holdings via ~USD635m to Ardagh Group
Old Mutual Alternative Investments, Sanlam Private Equity, Brait and Sphere agreed to exit South Africa-based glass packaging manufacturer Consol Holdings via a ZAR10.1b (~USD635m) sale to Ardagh Group. Read more here and h Read More
STIC Investments Leads ~USD840m Investments South Korea’s Iljin Materials
STIC Investments led a KRW1t (~USD840m) investment in Iljin Materials, a South Korea-based producer of electric foils used in lithium batteries and consumer electronics. The transaction includes KRW500b in acquisition financing provided by Korea Development Bank, KB Kookmin Bank and Shinhan Bank. Read More
Huada Semiconductor Leads ~USD1.2b for China’s GTA Semiconductor
Huada Semiconductor led a CNY8b (~USD1.2b) round for China-based chip manufacturer GTA Semiconductor, with participation from CII Fund, Shang QI Capital, Skyworth investment, Xiaomi Changjiang fund, CITIC Industrial Fund, CICC, China Capital Management and Guotai Junan Securities. Read More
AC Ventures Reaches USD205m+ Final Close for Indonesia Early-Stage Fund
AC Ventures reached a USD205m+ final close for its third fund targeting early-stage technology startups based in Indonesia. Read More
10t and Tribe Capital Lead USD50m Series B+ for Brazil’s Mercado Bitcoin
10t and Tribe Capital led a USD50m Series B+ for Brazilian crypto exchange Mercado Bitcoin. Read More
SoftBank Invests USD150m in South Korea’s Zepeto
SoftBank invested USD150m in Zepeto, a South Korean fashion metaverse platform, at a reported USD1b+ valuation. Read More
DNA Capital Invests ~USD200m in Brazil’s Inspirali
DNA Capital acquired a 25% stake in Inspirali, the medical education arm of Brazilian education conglomerate Anima Educacao, for ~USD200m. Read More
Prosus and EDBI Lead ~USD26m Round for Singapore’s Endowus
Prosus Ventures and EDBI led a ~USD26m round for Endowus, a Singapore-based wealth management app, with participation from Z Holdings and follow-on from UBS, Singtel Innov8 and Lightspeed Venture Partners. Read More
DN Capital, Kismet, Spike Ventures, Others Lead USD30m Series A for Algeria’s Yassir
Algeria-based logistics and last-mile delivery startup Yassir raised a USD30m Series A led by WndrCo, DN Capital, Kismet Capital, Spike Ventures and Quiet Capital, with participation from Endeavor Catalyst, FJ Labs, VentureSouq, Nellore Capital, Moving Capital and angel investors. Read More