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TCV-backed Grupa Pracuj Lists on Warsaw Stock Exchange at ~USD1.23b Valuation
Grupa Pracuj, a Poland-based online recruitment company, listed on the Warsaw Stock Exchange at a EUR1.09b (~USD1.23b) valuation, facilitating a partial exit for TCV and other shareholders. Read More
Advent International and SoftBank Lead USD60m Series B+ for Merama
Advent International and SoftBank led a USD60m Series B+ for Merama, a Mexico- and Brazil-based e-commerce brand aggregator, at a reported USD1.2b valuation. Read More
Nubank Raises USD2.6b in NYSE IPO
Brazil-based fintech Nubank raised USD2.6b in its IPO on the NYSE at a reported USD44b valuation. Nubank also listed on the B3 through Brazilian Depositary Receipts. Read More
Khwarizmi Ventures, Nuwa Capital and STV Lead USD13.5m Seed Round for Bahrain’s Calo
Khwarizmi Ventures, Nuwa Capital and STV led a USD13.5m seed round for Bahrain-based foodtech Calo, with participation from 500 Global, Al Faisaliah Group, Vision Ventures, Savour Ventures, Nama Ventures and angel investors. Read More
STV Leads USD42m Series A for UAE’s Opontia
Saudi Technology Ventures led a USD42m Series A comprising equity and venture debt for UAE-based e-commerce enabler Opontia, with participation from Upper 90 and VentureSouq and follow-on from Raed Ventures and Global Founders Capital. Partners for Growth provided venture debt. Read More
IPM Group Leads USD21m Series B for Slovakia’s Photoneo
IPM Group led a USD21m Series B for Slovakia-based robotic vision and intelligence maker Photoneo, with participation from Venture to Future Fund, Earlybird, AI Capital and Credo Ventures. Read More
Steadview Leads USD30m Round for Multiples-Backed MoEngage
Steadview Capital led a USD30m round for MoEngage, a US- and India-based customer engagement platform, with follow-on from Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital and Matrix Partners. Read More
CPP Investments and OTPP To Increase Stake in Mexico’s IDEAL
CPP Investments and Ontario Teachers’ Pension Plan Board (OTPP) agreed to acquire incremental stakes in Mexican infrastructure operator Impulsora del Desarrollo y el Empleo en América Latina (IDEAL). CPP Investments and OTPP will acquire an additional 8.4% and 1.1% stake, respectively. Read More
CDC and Tencent Invest USD70m Series B+ for South Africa’s TymeBank
CDC and Tencent invested a USD70m Series B+ for South Africa-based digital bank TymeBank. The company raised a USD110m Series B led by Apis Partners and JG Summit Holdings in February 2021. Read More
Evolvence, Schroders Capital, CDC, Chiratae, Others Invest USD70m in India’s AgroStar
India-based agtech AgroStar raised USD70m from Evolvence, Schroders Capital, Hero Enterprise and CDC, with follow-on from Aavishkaar Capital, Accel, Bertelsmann, Chiratae Ventures and Rabo Frontier Ventures. Read More
Coatue Leads USD70m Series B for Mexico’s Clara
Coatue led a USD70m Series B for Clara, a Mexican startup offering corporate expense management startups, at a reported USD1b valuation, with participation from A*, ICONIQ Growth, Box Group and Gaingels, and follow-on from monashees, DST Global, Picus Capital, GFC, Avid Ventures, General Catalyst and Alter Global. Read More
INCE Capital Leads USD10m Series B for China’s Qiutianmanman
INCE Capital led a USD10m Series B for China-based food brand Qiutianmanman, with follow-on from Shunwei Capital and Crystal Stream. Read More