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DNA Capital Leads ~USD20m Round Extension for Brazil’s Memed
DNA Capital, Temasek and Fit Participações led a ~USD20m round extension for Memed, a Brazil-based provider of digital drug prescriptions. Read More
Unison Capital Acquires 35% Stake in South Korea’s Terarosa for ~USD60m
Unison Capital invested KRW70b (~USD60m) for a 35% stake in South Korea-based specialty coffee brand Terarosa. Read More
FTX Leads USD150m Series C+ for Africa’s Chipper Cash
FTX led a USD150m Series C extension for African cross-border payments company Chipper Cash, with follow-on from SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures and Tribe Capital, at a reported USD2b+ valuation. Read More
Warburg, Insight Partners and Bow Wave Lead USD300m Round for Philippines’ Mynt
Warburg Pincus, Insight Partners and Bow Wave Capital led a USD300m round for Mynt, a digital financial solutions provider based in the Philippines, with participation from Itai Tsiddon, Amplo Ventures, Globe and Ayala at a reported USD2b valuation. Read More
3H Healthcare Investment Reaches USD330m Final Close for China Biotech Fund
3H Healthcare Investment reached a USD330m final close for its second USD-denominated fund. The firm focuses on early-stage biotech and medical devices investments in China. Read More
Ameba Capital Reaches USD265m Final Close for China SaaS Fund
Ameba Capital reached a USD256m final close for its first USD-denominated fund targeting early- and venture growth-stage SaaS investments in China. Read More
BPEA to Acquire Hong Kong’s Tricor from Permira
BPEA agreed to acquire Tricor Group, a provider of integrated business, corporate and investor services based in Hong Kong, from Permira in a deal valuing the company at a reported USD2.76b. The transaction is expected to close in 1H 2022. Read More
BlackRock Reaches USD673m Final Close for EM Climate Infrastructure Fund
BlackRock reached a USD673m final close for Climate Finance Partnership, a blended finance vehicle targeting climate infrastructure investments across emerging markets. Read More
Creadev Leads USD50m Series C for Kenya’s Twiga Foods
Creadev led a USD50m Series C for Twiga Foods, a Kenya-based B2B e-commerce food distribution platform, with participation from OP Finnfund Global and Endeavor Catalyst Fund, and follow-on from TLcom Capital, IFC Ventures, DOB Equity and Juven. Read More
B Capital, Falcon Edge, Others Invest USD50m Series B for India’s Fi
B Capital Group, Falcon Edge Capital and others invested a USD50m Series B for India-based neobank Fi at a reported USD315m valuation. Read More
H.I.G. Capital Acquires Majority Stake in Peru’s Grupo Ransa
H.I.G. Capital acquired a majority stake in Grupo Ransa, a third-party logistics company based in Peru, for an undisclosed amount. Read More
Affinity Equity Partners Invests USD150m in Indonesia’s Vidio
Affinity Equity Partners invested USD150m in Vidio, an Indonesia-based over-the-top (OTT) video platform, at a reported USD900m valuation. Read More