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Aqua Spark, Nutreco and PFR Life Science Lead ~USD24.6m Investment in Poland’s Proteon
Aqua Spark, Nutreco and PFR Life Science, a specialist vehicle of the Polish Development Fund, led a EUR21m (~USD24.6m) in Proteon Pharmaceuticals, a Poland-based biotech aiming to reduce reliance on antibiotics within aquaculture and livestock farming, with participation from Montis Capital, Seventure Partners and angel investors. Read More
Temasek, Google, Tiger Global and 3one4 Capital Invest USD62m Series C for India’s Open
Temasek, Google and existing investors Tiger Global and 3one4 Capital invested a USD62m Series C for India-based neobanking platform Open. Temasek invested USD34.4m, Tiger Global contributed USD7.4m, while 3One4 and Google invested USD4.87m and USD14.7m, respectively. Read More
FEI Leads ~USD71m Debt Facility for AktivCo Subsidiaries
The Facility for Energy Inclusion (FEI), managed by Lion’s Head Global Partners, led a EUR60m (~USD71m) multi-country debt facility for the African subsidiaries of energy services company AktivCo. FEI is providing EUR27m (~USD32m), while Proparco and Norfund are providing EUR16m (~USD19m) and EUR9m (~USD11m) respectively. The balance of EUR8m (~USD9.5m) is being provided by AfricaGoGreen. Read More
Capital Operation and Sunic Capital Lead USD511m Series B for China’s Zhongxin Jingyuan
Capital Operation and Sunic Capital led a USD511m Series B for China-based silicon wafer manufacturer Zhongxin Jingyuan Semiconductor, with participation from SDIC Chuangyi, China SME Development Fund, Shanghai Guosheng Group, Hangzhou Qiantang Industrial Investment Fund, China Cinda Asset Management, Zhongjin Pucheng Investment, CCB International and BoCom International. Yangtze Optical Fibre & Cable, CICC Capital, Shanghai Free Trade Zone Fund and… Read More
Openspace and EDBI Lead USD10m Series A in Singaporean Healthtech Neuroglee
Openspace Ventures and EDBI led a USD10m Series A for Neuroglee Therapeutics, a Singapore-based startup developing digital therapeutics for people with neurodegenerative diseases, with participation from Ramen Singh (Mundipharma) and Kuldeep Singh Rajput and Wendou Liu (Biofourmis), and follow-on from Japanese healthcare company Eisai. Read More
Baring Vostok Leads USD11m Series A for Brazilian Upskilling Platform EBAC Online
Baring Vostok led a USD11m Series A for EBAC Online, a Brazil-based upskilling platform for design, marketing and software engineer professionals, with follow-on from Begin Capital, AngelsDeck and angel Sergey Solonin (The FinTech Association). Read More
Amethis Acquires Minority Stake in South Africa’s Avacare Global
Amethis acquired an undisclosed minority stake in Avacare Global, a pan-African distributor and manufacturer of pharmaceuticals and healthcare consumable products. Read More
Index Ventures Leads USD45m Series A for Latvia’s Printify
Index Ventures led a USD45m Series A for Latvia-based on-demand custom printing company Printify, with participation from H&M Group, Virgin Group, Dreamers VC and the founders of TransferWise, Vinted, Squarespace and RedHat. Read More
SoftBank Leads USD220m Series C for China’s Agile Robots
SoftBank Vision Fund 2 led a USD220m Series C for China- and Germany-based robotics startup Agile Robots, with participation from Abu Dhabi Royal Group, GL Ventures, Sequoia China, Linear Capital, Xiaomi Group, Foxconn Industrial Internet and Midas, at a reported USD1b+ valuation. Read More
Monk’s Hill Ventures Leads USD20m Pre-Series A for Singapore’s Rainforest
Monk’s Hill Ventures led a USD20m pre-Series A for Singapore-based e-commerce brand aggregator Rainforest, with participation from January Capital, Crossbeam Venture Partners, Amasia and Lo & Behold Group, and with follow-on from Nordstar and Insignia. Accial Capital provided a USD30m debt facility. Read More
Owl Ventures Leads USD55m Series C for Indian Fintech Leap Finance
Owl Ventures led a USD55m Series C for Leap Finance, an India-based fintech that offers education loans and credit cards to Indian students studying overseas, with participation from Harvard Management Company and follow-on from Jungle Ventures and Sequoia Capital India. Read More
Greycroft Leads USD75m Series B+ for Colombian Lending Platform Addi
Greycroft led a USD75m Series B+ for Addi, a Colombian point-of-sale lending platform, with participation from GGV Capital, Citius Capital and Intersection Growth Partners, and follow-on from Union Square Ventures, Andreessen Horowitz, Endeavor Catalyst, Foundation Capital, monashees and Quona Capital. Read More