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Combined Growth Real Estate, Vivium Capital, Others Invest USD4m Seed Round for UAE’s Fintech Stake
Combined Growth Real Estate led a USD4m seed round for UAE-based fintech and real estate investment platform Stake, with participation from Vivium Capital, Verve Ventures and Lama Holding. Read More
Combined Growth Real Estate, Vivium Capital, Others Invest USD4m Seed Round for UAE’s Fintech Stake
Combined Growth Real Estate led a USD4m seed round for UAE-based fintech and real estate investment platform Stake, with participation from Vivium Capital, Verve Ventures and Lama Holding. Read More
ACON Investments Acquires Vitalis Group
ACON Investments, through its Latin America Opportunities Fund V, alongside DEG, FMO and Proparco, has acquired Vitalis Group, a manufacturer and wholesaler of generic injectable pharmaceuticals with production facilities in Colombia and Mexico. Read More
Adenia Partners Acquires Kenyan Life Sciences Distributor Africa Biosystems
Adenia Partners has acquired Kenya-based life sciences and clinical diagnostics equipment distributor Africa Biosystems for an undisclosed amount. Read More
Future Positive, Kibo Ventures, FJ Labs, Others Invest USD43m Series A for Mexican Fintech Belvo
Belvo, a Mexican fintech providing a financial services API for mobile applications, raised a USD43m Series A from Future Positive, Kibo Ventures, FJ Labs, Sebastián Mejía (Rappi) and Harsh Sinha (Transferwise), with follow-on from MAYA Capital, KASZEK, Venture Friends and David Veléz (Nubank). Read More
GGV Capital Leads USD65m Series B for Colombian B2B Platform Frubana
GGV led a USD65m Series B for Frubana, a Colombia-based B2B fresh produce platform for restaurants and small retailers, with participation from Lightspeed Venture Partners and follow-on from monashees, Tiger Global and SoftBank. Read More
SoftBank Latin America Fund Leads USD86m Series B for Ecuadorian Fintech Kushki
SoftBank Latin America and an undisclosed growth equity firm led a USD86m Series B for Ecuadorian payments platform Kushki, with follow-on from DILA Capital, KASZEK, Clocktower Ventures and Magma Partners, at a reported ~USD600m valuation. Read More
Darby International Invests in Peru’s IBT Health
Darby International Capital has made an undisclosed investment in Peru-based healthcare operations provider IBT Health. Read More
Partech Partners Leads USD6.5m Series B for UAE’s Video Learning Platform Almentor
Partech Partners led a USD6.5m Series B for Almentor, a Dubai-based video learning platform targeting Arabic speakers, with participation from Sawari Ventures, Sango Capital and Egypt Ventures. Read More
L Catterton Leads USD40m Series B for Singaporean D2C Dental Brand Zenyum
L Catterton led a USD40m Series B for Singapore-based D2C dental products company Zenyum, with follow-on from Sequoia Capital India, RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. L Catterton invested USD25m in the round. Read More
Accel, Falcon Edge Capital, Norwest VP Invest USD50m Series A for Indian D2C Startup Mensa Brands
Accel Partners, Falcon Edge Capital, Norwest Venture Partners and angel investors have invested a USD50m Series A for Mensa Brands, an India-based D2C startup which acquires online-first brands. The round included a debt component provided by Alteria Capital and InnoVen Capital. Read More
Sequoia China and Yunfeng Capital Lead ~USD228m Series B for Chinese Rice Brand Shiyue Daotian
Sequoia Capital China and Yunfeng Capital led a CNY1.45b (~USD228m) Series B for China-based rice brand Shiyue Daotian, with participation from CMC Capital Group and Taihecap, and follow-on from GenBridge Capital. Read More