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Presight Capital and Kingsway Capital Lead USD30m Series A for Mexican E-Commerce Holding Company Valoreo
Presight Capital and Kingsway Capital led a USD30m Series A for Valoreo, a Mexico-based e-commerce holding company specialized in acquiring, operating and scaling Latin America-focused businesses under the Fulfillment by Amazon (FBA) business model, with follow-on from KASZEK, Upper90 and FJ Labs. Read More
Baring Vostok Invests USD6m in Russia’s Level.Travel
Baring Vostok invested USD6m for a minority stake in Level.Travel, a Russia-based platform for searching and booking tours online. Read More
Drive Capital Leads USD24m Series B for Armenian Edtech Sololearn
Drive Capital led a USD24m Series B for Sololearn, an Armenia-founded mobile-first learning platform for coding, with follow-on from Learn Capital and Prosus Ventures. Read More
Warburg Pincus Leads ~USD60m Series B for Brazilian Fintech Blu, GP Investimentos Exits
Warburg Pincus led a BRL300m (~USD60m) Series B for Blu, a Brazil-based receivables prepayment platform for SMEs. GP Investimentos exited the company through a secondary sale to Warburg as part of the round. Read More
Prosus and East Ventures Growth Lead USD35m Series A for Indonesia’s Aruna
Prosus Ventures and East Ventures Growth Fund led a USD35m Series A for Aruna, an Indonesia-based integrated fishery platform, with participation from SIG and follow-on from AC Ventures, MDI and Vertex Ventures. Read More
Asia Partners and Falcon Edge Lead USD100m+ Series B for Indonesian B2B Marketplace GudangAda
Asia Partners and Falcon Edge Capital led a USD100m+ Series B for Indonesia-based B2B marketplace GudangAda, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners. Read More
Aflac Invests USD2b in Denham Capital & Commits USD100m to Latest Fund
Aflac Global Investments agreed to invest USD2b in Denham Capital to launch a new debt platform within Denham Sustainable Infrastructure for a 24.9% stake. Aflac also committed USD100m toward Denham’s second dedicated equity fund. Read More
Tiger, GGV and Balderton Lead USD170m Series A for Brazil’s Daki
Brazil-based quick delivery app Daki merged with US-based quick delivery platform Jokr and raised a USD170m Series A from Tiger Global, GGV Capital and Balderton Capital, with participation from monashees, KASZEK, HV Capital, Activant Capital, Greycroft and FJ Labs. Read More
China’s PatPat Raises USD510m Series C & D From General Atlantic, DST Global, INCE, Others
China-founded D2C children’s wear brand PatPat raised USD510m in Series C and D funding. General Atlantic, Capital Today China Group and the wealth management unit of CDH Investments led the Series C, with participation from SIG, Ocean Link and INCE Capital. DST Global led the Series D, with participation from GGV Capital and follow-on from General Atlantic and Ocean Link.… Read More
Metier-Led Consortium Invests USD36m in Africa Mobile Networks
A consortium led by Metier and including CDC Group, DEG and Proparco invested USD36m in Africa Mobile Networks, a developer and operator of mobile network base stations in Sub-Saharan Africa. Read More
LeapFrog Leads USD75m Series C for Indian Digital Health Platform HealthifyMe
LeapFrog Investments led a USD75m Series C for India-based digital health platform HealthifyMe, with participation from Khosla Ventures and follow-on from existing investors. LeapFrog invested USD30m in the round. Read More
Hillhouse Leads ~USD77m Series A for Chinese AI Chatbox Developer Xiaoice
Hillhouse Capital led a CNY500m (~USD77m) Series A for Xiaoice, a China-based AI chatbox developer spun off from Microsoft, with participation from GGV Capital, IDG Capital, 5Y Capital, NetEase and Northern Light Venture Capital. Read More