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Tiger Global Leads USD35m Series A for Argentine Payments Platform Pomelo
Tiger Global led a USD35m Series A for Pomelo, an Argentina-based payments infrastructure platform for fintechs, with participation from monashees, Insight Partners, Index Ventures, SciFi, QED Investors, BoxGroup, Greyhound, Gilgamesh Ventures and Clocktower. Read More
Matrix Partners Leads USD10m Round for India’s FarMart
Matrix Partners India led a USD10m round for India-based food supply SaaS platform FarMart, with participation from Innoven Capital and follow-on from Omidyar Network India, Avaana Capital and 500 Global. The round facilitated an exit for Indian Angel Network and LetsVenture. Read More
Alibaba Leads ~USD88m Series D for China’s Creative Biosciences
Alibaba led a CNY560m (~USD88m) Series D for Creative Biosciences, a China-based early-stage cancer screening solutions company, with participation from Huaxing Growth Capital, Co-Stone Asset Management, ABC International and Henglu Asset Management, and follow-on from IDG Capital. Read More
XPeng, IDG and 5Y Lead USD500m Series A for China’s HT Aero
XPeng, IDG Capital and 5Y Capital led a USD500m Series A for HT Aero, a China-based urban air mobility company backed by XPeng, at a reported USD1b valuation, with participation from Sequoia Capital China, Eastern Bell Capital, GGV Capital, GL Ventures and Yunfeng Capital. Read More
Primavera Capital Invests USD600m in Envision Group’s Subsidiaries
Primavera Capital invested USD600m in Envision Energy and Envision AESC, two subsidiaries of Envision Group, a China-based manufacturer of wind turbines, smart batteries and renewable energy management systems. Read More
L Catterton Leads Investment for Mexico’s Ben & Frank
L Catterton led an undisclosed investment for Ben & Frank, a Mexican D2C eyewear brand, with follow-on from Dila Capital. Read More
GV Leads USD16.6m Series A for Czech Republic’s Resistant AI
GV led a USD16.6m Series A for Czech Republic-based anti-fraud tech startup Resistant AI, with follow-on from Index Ventures, Credo Ventures and Seedcamp. Read More
QED Investors and KASZEK Lead USD40m Series C for Brazilian Fintech Hash
QED Investors and KASZEK led a USD40m Series C for Hash, a Brazil-based payment services provider for non-financial companies looking to offer banking services, with participation from Endeavor Scale-Up Ventures. Read More
Turkven Leads USD24m Series B for Picus Security
Turkven led a USD24m Series B for Picus Security, a US- and Turkey-based Breach and Attack Simulation (BAS) technology company, with participation from Earlybird Venture Capital. Read More
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