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VentureSouq Leads USD30.5m Series B for Saudi B2B Marketplace Sary
VentureSouq led a USD30.5m Series B for Saudi Arabia-based B2B e-commerce marketplace Sary, with participation from Rocketship.vc and STV, and follow-on from Raed Ventures, MSA Capital and Derayah VC. Read More
Sequoia India Leads USD65m Round for Indonesian Digital Investment Platform Bibit
Existing investor Sequoia Capital India led a USD65m round for Indonesia-based digital investment platform Bibit, with participation from Prosus Ventures, Tencent and Harvard Management Company and follow-on from AC Ventures and East Ventures. Read More
CVC Capital Partners and CDPQ to Acquire Majority Stake in China’s BlueFocus International
CVC Capital Partners and Caisse de dépôt et placement du Québec (CDPQ) have agreed to acquire a majority stake in BlueFocus International, the international business of China-based advertising and marketing agency BlueFocus Group, at a reported USD350m valuation. Read More
212 Invests in Hungarian Security Training Platform Avatao
Turkey-based VC 212 has made an undisclosed investment in Avatao, a Hungary-based secure-coding training platform for software developers and other technology roles using real-life scenarios. Read More
Nordstar Leads USD36m Seed Round in Singaporean E-Commerce Aggregator Rainforest
Nordstar led a USD36m seed round for Singapore-based e-commerce aggregator Rainforest, with participation from Insignia Venture Partners. The round includes USD6.5m in equity and a USD30m debt facility from an undisclosed US debt fund. Read More
Riverwood Makes Follow-On Investment in Latin America-Focused SUMA
Riverwood Capital made an undisclosed follow-on investment in SUMA, a financial management automation platform for SMEs in Latin America. Read More
Accion Venture Lab Invests USD1.8m Seed Round for Kenyan Insurtech Lami
Accion Venture Lab led a USD1.8m seed round for Kenyan insurtech Lami, with participation from AAIC, Consonance, P1 Ventures, Acuity Ventures, The Continent Venture Partners and Future Africa. Read More
Tiger Global and Coatue Lead USD250m Series C for Mexican Crypto Exchange Bitso
Tiger Global Management and Coatue Management led a USD250m Series C for Mexico-based crypto exchange Bitso, with participation from Valor Capital Group, BOND and Paradigm, and follow-on from KASZEK, QED Investors and Pantera Capital, at a reported USD2.2b valuation. Read More
Canary, Dragoneer and Rainfall Lead USD8m Seed Round for Brazilian Insurtech 180° Seguros
Canary, Dragoneer Investment Group and Rainfall led a USD8m seed round for Brazil-based insurtech 180° Seguros, with participation from 8VC, Quartz, Norte Ventures and angel investors. Read More
500 Startups, Kingsway Capital, 468 Capital, Others Invest USD40m Seed Round for Singaporean E-Commerce Aggregator Una Brands
500 Startups, Kingsway Capital, 468 Capital, Presight Capital, Global Founders Capital and others have invested a USD40m seed round comprising equity and debt for Singapore-based e-commerce aggregator Una Brands. Read More
Accial Capital Leads USD35m Round for Brazilian Credit Fintech a55
Accial Capital led a USD35m round for Brazil-based credit fintech a55, with participation from E3 Negócios and follow-on from Mouro Capital, Santander’s VC arm. Read More
Macquarie Exits Czech Republic’s Ceske Radiokomunikace via Sale to Cordiant Digital Infrastructure
Macquarie has sold Czech Republic-based telecoms and technology infrastructure group Ceske Radiokomunikace to Cordiant Digital Infrastructure for an undisclosed amount. Read More