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Metier and FMO Establish Africa REN Energy & Support Burkina Faso Power Plant Project
Metier Sustainable Capital, a fund managed by Metier, and FMO established and funded Africa REN Energy, an investment holding dedicated to supporting the projects of Africa-focused clean infrastructure developer Africa REN. Africa REN Energy funded the construction of Kodeni Solar, a 38MW solar power plant in Burkina Faso. Read More
General Catalyst Leads USD100m for Czech Republic’s Rossum
General Catalyst led a USD100m Series A for Rossum, a UK- and Czech Republic-based automated document processing platform, with participation from LocalGlobe, Seedcamp, Miton and Elad Gil. Read More
Levant Exits UAE’s Bayara via Sale to Savola for USD260m
Levant Capital exited UAE-based packaged foods company Bayara Holding via a USD260m sale to Savola Foods. Read More
Actis Exits Brazil’s It’sSeg via Sale to Acrisure
Actis exited Brazil-based benefits management and insurance brokerage platform It’sSeg via a sale to US-based insurance brokerage Acrisure for an undisclosed amount. Read More
SoftBank, Amazon and Accel Lead USD108m Series B for Brazilian Fintech Pismo
SoftBank Latin America, Amazon and Accel led a USD108 Series B for Pismo, a Brazil-based digital banking platform for SMEs, with participation from Falabella Ventures, PruVen, B3, and follow-on from Redpoint eventures and Headline. Read More
Earlybird VC Leads USD5m Seed Round for Serbia’s Orgnostic
Earlybird Venture Capital, through its Earlybird Digital East fund, led a USD5m seed round for Serbia-based people analytics platform Orgnostic, with participation from Script Capital and angel investors. Read More
XP Acquires Brazil’s AZ Quest
XP acquired AZ Quest, a Brazil-based asset management company part of Italian Azimut Group, for an undisclosed amount. XP Private Equity fund co-invested. Read More
Actis Acquires Power Assets From EDP Brasil
Actis acquired three power transmission assets from EDP Brasil, a Brazil-based power company, at an enterprise value of ~USD237m. Read More
GTIS Partners Acquires USD248m in Real Estate Assets in Brazil
GTIS Partners, through its GTIS Brazil Logistics Real Estate Investment Fund, acquired USD248m in real estate assets in Brazil. Read More
Sanabil 500 MENA Seed Accelerator Fund Leads Seed Round for Saudi Arabia’s Glance Care
Sanabil 500 MENA Seed Accelerator Fund, an accelerator program launched by Sanabil Investments and 500 Global, led an undisclosed seven-figure seed round for Saudi Arabia-based healthtech Glance Care, with participation from angel investors. Read More
BY Venture Partners Reaches USD50m Final Close for Fund II
BY Venture Partners reached a USD50m final close for BY Fund II. The vehicle will target early-stage opportunities globally with a thesis to bridge the MENA region with global markets. Read More
Coatue Management Leads Series B for GV20 Oncotherapy
Coatue Management led an undisclosed Series B for US- and China-based biotech GV20 Oncotherapy, with follow-on from IDG Capital, 3W Investment, Watson Capital and Linear Capital. Read More