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BlackRock Acquires Korea Renewable Energy Development & Operation Holdings
BlackRock Real Assets acquired South Korea-based offshore wind developer Korea Renewable Energy Development & Operation Holdings (formerly IGIS Private Equity) for an undisclosed amount. Read More
Novastar Leads USD4.2m Investment in West Africa-Focused Agtech Ignitia
Novastar Ventures led a USD4.2m financing round for Ignitia, a West Africa-focused agtech based in Sweden, with participation from Future Foodways, Mercy Corps, Norrsken and Finca International, and follow-on from IKEA Social Entrepreneurship. The funds will be used to expand Ignitia’s operations into Brazil and to extend the company’s footprint in Sub-Saharan Africa. Read More
Almaz Capital Leads USD6m Round for Latvian Audio Startup Sonarworks
Almaz Capital led a USD6m round for Latvia-based audio technology startup Sonarworks, with participation from Karma Ventures, Trind Ventures, Proks Capital, Smart Growth VC, Wiser Financial Advisors OÜ and angel investors. Read More
monashees and Endeavor Catalyst Exit Brazil’s Méliuz
monashees and Endeavor Catalyst fully exited Brazil-based cashback platform Méliuz through a ~USD230m follow-on offering on the B3. Read More
Insight Partners Invests USD32m in Cyprus’ LearnWorlds
Insight Partners invested USD32m in LearnWorlds, a Cyprus-based, cloud-enabled platform for creating, selling and promoting online courses. Read More
CMG-SDIC Capital and Tigermed Lead USD100m Series D for Chinese Drug Developer Adlai Nortye
CMG-SDIC Capital Management and Hong Kong-based contract research organization Tigermed led a USD100m Series D for China-based drug developer Adlai Nortye, with participation from Legend Star, Guolian Fund, Triwise Capital, ATCG and Chinese social video platform Tian Ge Interactive Holdings. Read More
BOCOM and Cyberport Macro Fund Invest USD100m in Hong Kong’s GogoX
Hong Kong-based last mile logistics platform Gogox (formerly GoGoVan) raised USD100m led by BOCOM, the international arm of China Bank of Communications, and Cyberport Macro Fund. Read More
SoftBank Vision Fund 2 Invests USD1.7b in South Korea’s Yanolja
SoftBank Vision Fund 2 invested USD1.7b in Yanolja, a South Korea-based travel and leisure platform. Read More
Winter Capital Partners, VNV Global and UNIQA Ventures Invest USD26m Series B for Russia’s BestDoctor
BestDoctor, a Russian medical health insurance and medical consultation provider, raised a USD26m Series B from Winter Capital Partners, VNV Global and UNIQA Ventures. Read More
Bevy Acquires Egypt’s Eventtus; Algebra Ventures, MEVP, Others Exit
US-based enterprise event platform Bevy acquired Egypt-based event management software startup Eventtus for an undisclosed amount, facilitating an exit for Algebra Ventures, Middle East Venture Partners (MEVP), Raed Ventures, 500 Startups, Cairo Angels, Daal VC and Hala Ventures. Read More
Temasek, GGV Capital, Others Invest USD20m Seed Round Extension for Singapore’s Next Gen Foods
Singapore-based producer of plant-based protein Next Gen Foods raised a USD20m seed round extension from existing investors Temasek and K3 Ventures as well as new investors GGV Capital, Chinese agriculture and foodtech venture fund Bits x Bites, food and beverage company Yeo Hiap Seng and angel investors. Read More
KAMCO Invest Exits UAE’s Planet Pharmacies via Sale to Gulf Pharmaceuticals Industries
KAMCO Invest sold its 60% stake in UAE-based pharmaceutical distributor Planet Pharmacies to Gulf Pharmaceuticals Industry for an undisclosed amount. Read More