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Actis Exits Brazil’s Echoenergia via Sale to Equatorial Energia for ~USD1.2b

Actis exited Echoenergia, a Brazil-based developer of electricity generation projects from renewable energy sources, via a BRL6.65b (~USD1.2b) sale to Equatorial Energia. Read More

Rubio Impact Ventures Leads ~USD5.9m for Estonia’s Lingvist

Rubio Impact Ventures led a EUR5.1m (~USD5.9m) for Estonia-based edtech Lingvist, with participation from Rockaway Capital and Metaplanet Holdings. Read More

IMM Investment Leads USD64.5m Investment in UAE’s Pure Harvest Farms

IMM Investment led a USD64.5m investment in UAE-based agtech Pure Harvest Smart Farms alongside existing investors. Pure Harvest also entered a joint venture with South Korea’s PlanTFarm, a vertical farming solutions provider and a portfolio of IMM Investment. Read More

TRG Partially Exits India’s Sansera via IPO

India-based auto component maker Sansera Engineering listed on the BSE and the NSE, facilitating an exit for existing shareholders who sold ~INR12.8b (~USD173m) worth of shares. The Rohatyn Group sold ~47.5% of their shareholding in the IPO. Read More

TLCom and 4DX Ventures Lead USD13m Seed Round for Nigeria’s Autocheck

TLCom Capital and 4DX Ventures led a USD13m seed round for Autochek, a Nigeria-based auto financing and services marketplace, with participation from ASK Capital, Mobility 54 and CFAO Group, and follow-on from Golden Palm Investments, Enza Capital and Lateral Capital. Read More

EXEO Capital Invests in South Africa’s Fairview Cheese Company

EXEO Capital, through its new food sector investment vehicle Nature Foods, made an undisclosed investment in South Africa-based cheese company The Fairview Cheese Company. Read More

Sofina and Lightrock Lead USD115m Series D for India’s DeHaat

Sofina and Lightrock led a USD115m Series D for DeHaat, an agricultural services platform for small farmers in India, with participation from Temasek and follow-on from Prosus Ventures, RTP Global, Sequoia India and FMO. Read More

Affinity Private Equity Invests ~USD360m in Towngas China

Affinity Equity Partners, through its Affinity Asia Pacific Fund V, invested HKD2.8b (~USD360m) in Towngas China, a Hong Kong-listed, China-focused affiliate of Hong Kong & China Gas (Towngas), for a 13.3% stake. Read More

Ribbit Capital Leads ~USD35.8m Series A for Brazil’s Justos

Ribbit Capital led a ~USD35.8m Series A for Justos, a Brazilian pre-launch car insurance platform, with participation from GGV and SoftBank, and follow-on from KASZEK, BigBets and angels David Velez (Nubank) and Carlos Garcia (Kavak). Read More

SoftBank Leads USD75m Series C for Brazil’s Pipefy

SoftBank invested USD50m in a USD75m Series C for Pipefy, a Brazil-based low-code BPO platform, with participation from Steadfast Capital and follow-on from Redpoint eventures and Insight Partners. Read More

OTB Ventures and Speedinvest Lead USD10m Seed Round for Lithuania’s kevin.

OTB Ventures and Speedinvest led a USD10m seed round for Lithuania-based fintech infrastructure startup kevin., with participation from OpenOcean and Global PayTech Ventures. Read More

Carlyle Leads USD47m Series A for China’s BiOligo

The Carlyle Group, through its Carlyle Beijing Partners Fund II, led a ~USD47m Series A for BiOligo, a China-based in vitro diagnostics raw material supplier. Read More