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Openspace Reaches USD120m First Close for Southeast Asia Growth Fund
Openspace Ventures reached a USD120m first close for its debut growth fund focused on Southeast Asian tech. Read More
SoftBank Leads ~USD116m Series C for Brazilian ERP Omie
SoftBank led a ~USD116m Series C for Omie, a Bazilian ERP for SMEs, with participation from Dynamo, VELT, Hix Capital, Bogari Capital and Brasil Capita, and follow-on from Riverwood Capital and Endeavor Catalyst. Read More
General Atlantic and SoftBank Lead ~USD125m Round for Brazilian Digital Protecion Platform unico
General Altantic and SoftBank led a ~USD125m round for unico, a Brazilian digital identity protection platform, with participation from Big Bets and Micky Malka (Ribbit Capital), at a reported USD1b+ valuation. Unico raised a ~USD116m round from SoftBank and General Atlantic in 2020. Read More
SoftBank Leads ~USD30m Series B for Brazilian Investment Brokerage Avenue Securities
SoftBank led a ~USD30m Series B for Avenue Securities, a US-based investment brokerage bridging US opportunities with Brazilian retail investors, with participation from Igah Ventures. Igah Ventures made an undisclosed investment in 2020. Read More
PAG Reaches USD525m Final Close for China Growth Fund
PAG reached a USD525m final close for PAG Growth II. The vehicle will target minority positions in high-performing companies in technology-enabled sectors primarily in Greater China. Read More
Nuwa Capital, Global Founders, FJ Labs, Others Invest USD4m Seed Round for UAE Fintech Baraka
UAE-based fintech Baraka raised a USD4m seed round from Global Founders Capital, FJ Labs, Raptor Group, Tribe Capital, Nuwa Capital, VentureSouq and Class 5 Global. Read More
Vitalbridge Capital Reaches USD200m First Close for USD Fund
Vitalbridge Capital reached a USD200m first close for its second USD-denominated fund. Vitalbridge focuses on healthcare technology and digital supply chains. Read More
GLP Reaches ~USD530m Final Close for Brazil Development Fund
GLP reached a BRL2.63b (~USD530m) final close for its GLP Brazil Development Partners II, a logistics-focused vehicle that will develop nine Class-A logistics parks in São Paulo submarkets. Read More
Coller Capital Leads USD680m Secondaries Investment in Ping An Credit Portfolio
Coller Capital led a USD680m secondaries investment, alongside an unnamed Asian institution which contributed USD100m, in a portfolio of four credit funds managed by Ping An Overseas Holdings. Read More
EchoVC, MSA Capital, Others Invest USD2.2m Pre-Seed Round for Global Cross-Border Payments Company Wapi Pay
EchoVC, MSA Capital, Nubank and Klarna invested a USD2.2m pre-seed round for Wapi Pay, a Singapore-based, Kenya-headquartered payments and remittances company focused on cross-border payments between Africa and Asia. Read More
Owl Ventures and Goodwater Capital Lead USD35m Series B for Polish Edtech Novakid
Owl Ventures and Goodwater Capital led a USD35m Series B for Novakid, an Poland-based edtech platform for learning English as a second language for children, with follow-on from investors including PortfoLion, LearnStart, TMT Investments, Xploration Capital, LETA Capital and BonAngels. Read More
Indonesia’s Kredivo to Go Public via Merger with Victory Park Capital SPAC
FinAccel, the parent company of Indonesia-based digital credit platform Kredivo, agreed to merge with US-listed VPC Impact Acquisition Holdings II, a SPAC sponsored by Victory Park Capital, at a reported USD2.5b valuation. The deal includes a USD120m PIPE from Marshall Wace, Corbin Capital, SV Investment, Palantir Technologies, Maso Capital and Victory Park Capital, with a concurrent equity commitment of USD55m… Read More