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WaterBridge Ventures Reaches USD150m Final Close for Second VC Fund
WaterBridge Ventures reached a USD150m final close for its second VC fund. The vehicle will make 25 investments at the seed or Series A stage and provide follow-on capital for its existing portfolio companies. Read More
Warburg Pincus Leads Series C for China’s Ambilight
Warburg Pincus led an undisclosed Series C for Ambilight, a China-based new materials company focused on electrochromic (EC) components, with participation from Pagoda Investment and Cygnus Equity. Read More
Carlyle to Acquire South Korea’s A Twosome Place; Anchor Equity to Exit
The Carlyle Group, through its Carlyle Asia Partners V fund, agreed to acquire 100% of South Korea-based coffee chain A Twosome Place from Anchor Equity Partners. Read More
Valar Ventures Lead USD20m Series A for India’s Velocity
Valar Ventures led a USD20m Series A for Velocity, an India-based, revenue-based financing platform for e-commerce and D2C businesses. Read More
Nosara Capital Leads USD53m Series B for Colombia’s Chiper
Nosara Capital led a USD53m Series B for Chiper, a Colombia-based supplier management platform for independent merchants, with participation from Tiger Global, Endeavor Catalyst, InQlab, Alter Global and Interpay. Read More
General Atlantic and Dragoneer Investment Group Invest USD150m in Brazil’s Arco
Dragoneer Investment Group and General Atlantic invested USD100m and USD50m, respectively, in Brazil-based edtech Arco, through the purchase of convertible senior notes. Read More
Tencent Leads USD48m Series B for South Africa’s Ozow
Tencent led a USD48m Series B for South Africa-based fintech Ozow, with participation from Endeavor Catalyst and Endeavor Harvest Fund. Read More
Coatue Leads USD150m Series C for Brazil’s CloudWalk
Coatue led a USD150m Series C for CloudWalk, a Brazilian POS and blockchain-based payments platform for entrepreneurs and SMEs, with participation from DST Global, A-Star, Plug and Play Ventures and angel Gokul Rajaram (DoorDash), and follow-on from Valor Capital Group and The Hive Brazil at a reported USD2.15b valuation. Read More
MBK Partners Reaches USD1.8b Final Close for Special Situations Fund II
MBK Partners reached a USD1.8b final close for its second special situations fund. Read More
VestedWorld Leads USD1.6m Seed Round for Nigeria’s Shuttlers
VestedWorld led a USD1.6m seed round for Shuttlers, a Nigeria-based, tech-enabled scheduled bus sharing company, with participation from EchoVC, Interswitch, Rising Tide Africa, Launch Africa, CMC 21 & Alsa, ShEquity, Five35, Consonance Investment, CcHub Syndicate, Sakore and Nikky Taurus. Read More
MassMutual Ventures Leads USD4m Pre-Series A for India’s Clinikk
MassMutual Ventures led a USD4m pre-Series A for India-based healthtech Clinikk, with participation from Kunal Shah (Cred), Rohit M.A. (Cloudnine Hospitals), Anjali Bansal (Avaana Capital) and Stanford Angels.Existing investors Times Internet Group, EMVC, 500 Global and WEH Ventures followed on. Read More
Amethis Acquires Minority Stake in Jordan’s Tarjama
Amethis, through its Amethis MENA Fund II, acquired a minority stake in Jordan-based language technology and services provider Tarjama for an undisclosed amount. Read More