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Temasek and Moore Strategic Ventures Lead USD145m Series F for India’s ShareChat
Temasek and Moore Strategic Ventures led a USD145m Series F for ShareChat, an India-based social media platform that includes the Moj app, at a reported USD3b valuation. Mirae-Naver Asia Growth Fund participated in the round. Read More
TPG Rise Climate Reaches USD5.4b First Close
TPG Capital reached a USD5.4b first close for TPG Rise Climate. The vehicle has a target size of USD7b and will focus on five climate sub-sectors: clean energy, enabling solutions, decarbonized transport, greening industrials and agriculture and natural solutions. Read More
Brookfield Reaches USD7b First Close for Global Climate Fund
Brookfield Asset Management reached a USD7b first close for its Brookfield Global Transition Fund. The vehicle has a target size of USD12.5b and will focus on the global transition to a net-zero economy. Read More
Tiger Global Leads USD235m Series D for Chilean Foodtech NotCo
Tiger Global led a USD235m Series D for Chile-based foodtech NotCo, with participation from DFJ Growth Fund, ZOMA Lab and athletes Lewis Hamilton and Roger Federer, at a reported USD1.5b valuation. Read More
Baring Vostok, Winter Capital and Goldman Invest USD50m in Russian Edtech GetCourse
Baring Vostok, Winter Capital Partners and Goldman Sachs invested USD50m in Russia-based edtech GetCourse. Read More
Ninety One’s EAIF Lends ~USD29.5m to Ivoire Hydro Energy Project
Ninety One’s EAIF agreed to provide EUR25m (~USD29.5m) in financing to Ivoire Hydro Energy to build a 44MW hydro electricity generation plant in Côte d’Ivoire. Read More
Infraestructura en Colombia CAF-AM Ashmore I Provides USD75m Senior Loan to Autopista Rio Magdalena
Infraestructura en Colombia CAF-AM Ashmore I, a fund managed by CAF Asset Management and Ashmore Group, provided a USD75m senior loan to Autopista Río Magdalena, a Colombian concession company and subsidiary of the Spanish company Aleatica, as part of a USD747m financing package for the development of the Río Magdalena 2 toll highway in Colombia. Read More
Stonepeak to Acquire Lumen’s Latin American Business for USD2.7b
Stonepeak agreed to acquire the Latin American operations of Lumen Technologies for USD2.7b. Read More
CCB International Leads USD116m Series C for Chinese DNA Sequencing Company Geneplus Technology
CCB International, the venture unit of China Construction Bank, led a CNY750m (USD116m) Series C for China-based DNA sequencing company Geneplus Technology, with participation from Fortune Capital, GGV Capital, Suzhou Harvest Capital, Baidu Ventures, Alibaba’s AliHealth and JM Capital. Read More
Sequoia China Leads USD150m Series E for Chinese AI Operations Provider CloudWise
Sequoia Capital China led a USD150m Series E for China-based artificial intelligence operations (AIOps) provider CloudWise, with participation from FutureX Capital, SIG China, CPE, ASG and CRC Capital. Read More
Gávea Partially Exits Brazil’s Armac via ~USD288m IPO
Gávea Investimentos’ Speed fund partially exited Armac, a Brazilian equipment rental company for agribusiness, mining and infrastructure, via the company’s BRL1.5b (~USD288m) IPO on the B3. The secondary offering raised BRL532m (~USD102m). Read More
Actis Acquires City Lodge Hotel Group’s East Africa Operations for ~USD9.5m
Actis agreed to acquire the East African operations of City Lodge Hotel Group for ZAR142m (~USD9.5m) in an all-cash deal. Read More