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General Motors Leads USD139m Series D for Singaporean EV Battery Maker SolidEnergy Solutions
General Motors led a USD139m Series D for Singapore-based EV battery maker SolidEnergy Solutions, with follow-on from Temasek, SK Inc., Applied Ventures, Vertex Ventures, SAIC Group and Tianqi Lithium. Read More
Blue Like an Orange Invests ~USD12m Debt in Brazilian Solar Energy Solutions Company Órigo Energia
Blue Like an Orange has provided BRL106m (~USD12m) in mezzanine financing to Órigo Energia, a Brazil-based solar energy solutions company serving SMEs and households. Read More
Earlybird-Backed UiPath Raises USD1.3b in NYSE IPO
UiPath, a Romania-founded robotic process automation company backed by Earlybird Venture Capital, has raised USD1.3b in an IPO on the NYSE. Existing shareholders Earlybird, Accel, Alphabet, among others, exited. Read More
Macquarie Exits India’s ATC Telecom Infrastructure via ~USD176.6m Buyback
Macquarie Group’s SBI Infrastructure Funds have agreed to exit their 7.91% stake in ATC Telecom Infrastructure, the Indian mobile tower business of American Tower Corporation, through a company buyback for INR12.9b (~USD176.6m). Read More
QED Investors Leads USD15m Series B for Brazilian Payment Infrastructure Fintech Hash
QED Investors led a USD15m Series B for Brazil-based payment infrastructure fintech Hash, with follow-on from KASZEK and Canary. Read More
KKR and DCP Capital Invest in Chinese D2C Dairy Company Adopt A Cow
KKR and DCP led an undisclosed funding round for Adopt a Cow, a China-based D2C dairy company. Read More
Riverwood and Oria Partially Exit Brazil’s Mandic via Sale to Claranet
Riverwood Capital and Oria Capital have partially exited Brazil-based cloud and cybersecurity SaaS company Mandic via a sale to UK-based cloud computing group Claranet. Read More
GIC and Sequoia India Lead USD160m Series E for Indian Fintech Razorpay
Existing investors GIC and Sequoia Capital India led a USD160m Series E for India-based fintech Razorpay, with follow-on from Ribbit Capital and Matrix Partners, at a reported USD3b valuation. Read More
CDPQ Leads USD147m Investment in Indian Cloud Data Protection Company Druva
CDPQ led a USD147m growth round for India-based cloud data protection and management company Druva, with participation from Neuberger Berman, Viking Global Investors and Atreides. CDPQ invested USD100m in the round. Read More
CPE Reaches USD1.8b First Close for China PE Fund
CPE has reached a USD1.8b first close for its fourth USD-denominated fund. The vehicle, which has a target of USD3b, will focus on healthcare, consumer and internet, technology and industrial, and software and enterprise services in China. Read More
IFC, IFC Emerging Asia Fund and Indigo Partners Invest USD250m in Philippine Low-Cost Airline Cebu Pacific Air
IFC, IFC Emerging Asia Fund and Indigo Partners have invested USD250m in the form of convertible bonds in Philippine-listed low-cost airline Cebu Pacific Air. Read More
Microsoft, GIC and Emtek Lead USD234m Investment in Indonesian E-Commerce Company Bukalapak
Microsoft, GIC and Indonesia-based media conglomerate Emtek led a USD234m investment in Indonesia-based e-commerce company Bukalapak, with participation from SC Ventures and Naver. Read More