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BlackRock Reaches USD250m First Close for Emerging Market Climate Infrastructure Fund
BlackRock reached a USD250m first close for its Climate Finance Partnership, a blended finance vehicle targeting climate infrastructure investments across emerging markets. Read More
Lightrock Reaches USD900m Final Close for Global Growth Fund
Lightrock reached a USD900m final close for its Lightrock Growth Fund I. The vehicle will invest growth capital (predominantly at Series B or C) in Europe, Latin America and India. Read More
EQT Ventures Leads USD7.9m Seed Round for Estonian Nature Tokenization Platform Single.Earth
EQT Ventures led a USD7.9m seed round for Single.Earth, an Estonia-based tokenization platform for forests, wetlands and other planetary resources to generate profit for landowners by selling them as carbon and biodiversity credits, with follow-on from Icebreaker.vc. Read More
Think Investments, TPG, Temasek, B Capital, Others Invest USD500m Series F for India’s PharmEasy
India-based online pharmacy PharmEasy raised a USD500m Series F from Think Investments, TPG Growth, Temasek, B Capital, Prosus Ventures, Orios Venture Partners and Kotak Private Equity Fund at a reported USD4b valuation. TPG Growth and Prosus Ventures led the company’s USD350m Series E in April 2021. Read More
Alitheia Capital Leads USD8.3m Pre-Series B for Nigerian Fintech Lidya
Alitheia Capital, through its uMunthu Fund, led a USD8.3m pre-Series B for Nigeria-based fintech Lidya, with participation from Bamboo Capital Partners, Accion Venture Lab and Flourish Ventures. Read More
Crescera Invests ~USD38.5m in Brazil’s Grupo Zelo
Crescera Capital invested BRL200m (~USD38.5m) in Brazil-based funeral services provider Grupo Zelo. Crescera originally invested BRL305m (approximately USD55.5m) in August 2020. Read More
Horizon Capital Invests in Ukrainian Dollar Store Retail Chain Avrora
Horizon Capital, through its Emerging Europe Growth Fund III, acquired a minority stake in Ukraine-based dollar store retail chain Avrora for an undisclosed amount. Read More
Argentine Spacetech Satellogic Goes Public via SPAC Merger
Argentine space exploration startup Satellogic merged with CF Acquisition Corp. V, a SPAC formed by Cantor Fitzgerald, to go public at a reported USD850m valuation. The deal includes a USD100m PIPE investment from SoftBank and Cantor Fitzgerald. Read More
SoftBank to Invest USD130m in Polish Footwear Retailer eobuwie
SoftBank, through its SoftBank Vision Fund 2, agreed to invest USD130m in the form of convertible bonds in Poland-based online footwear and accessories retailer eobuwie. Read More
RMBV Leads USD40m Series A for Egyptian B2B Grocery Provider MaxAB
RMBV led a USD40m Series A for MaxAB, an Egypt-based B2B grocery provider, with participation from Flourish Ventures, IFC, Crystal Stream, Rise Capital and Endeavour Catalyst, and follow-on from Beco Capital and 4DX Ventures. Read More
Navis Exits Amazon Papyrus Chemicals via Sale to The Longreach Group
Navis Capital Partners exited Amazon Papyrus Chemicals Group, a Hong Kong-headquartered chemical solutions provider to the pulp and paper industry, via a sale to The Longreach Group for an undisclosed amount. Navis originally acquired a controlling stake in the business in 2014. Read More
KKR Acquires Indian Road Assets from Global Infrastructure Partners
KKR, through its KKR Asia Pacific Infrastructure Fund, acquired Highway Concessions One and seven highway assets in India from Global Infrastructure Partners for an undisclosed amount. Read More