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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
OTB Ventures Reaches USD60m Final Close for CEE Fund
OTB Ventures reached a USD60m final close for OTB Growth Fund I. The vehicle will make follow-on investments to scale up portfolio companies and will continue to back technology businesses in the CEE region. Read More
GIC, CPP Investments, SoftBank and Walmart Lead USD3.6b Round for India’s FlipKart
GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart led a USD3.6b round for India-based e-commerce company Flipkart, with participation from DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global Management, at a reported USD37.6b valuation. Read More
Costanoa Ventures and CRE Ventures Lead USD7m Series A for Africa-Focused Identity Verification Startup Smile Identity
Costanoa Ventures and CRE Ventures led a USD7m Series A for Smile Identity, an Africa-focused identity verification startup, with participation from LocalGlobe, Intercept Ventures, Future Africa and angel investors, and follow-on from Khosla Impact, ValueStream Ventures, Beta Ventures, 500 Startups and Story Ventures. Read More