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Astra Leads USD80m Series C for Indonesian Healthtech Halodoc
Indonesia-based conglomerate Astra led a USD80m Series C for Indonesia-based healthtech Halodoc, with participation from Temasek, Novo Holdings and Bangkok Bank and follow-on from Openspace Ventures, UOB Venture Management, Singtel Innov8 and Allianz X. Read More
QED Investors and Partners for Growth Lead USD34.3m Debt and Series A Round for Tribal Credit
QED Investors and Partners for Growth led a combined USD34.3m debt and Series A round for Tribal Credit, a fintech providing payment products to startups and SMEs in emerging markets, with participation from Endeavor Catalyst and follow-on from BECO Capital, Global Ventures, OTG Ventures and Endure Capital. Read More
Inovo Reaches ~USD65m Final Close for CEE VC Fund
Inovo has reached a EUR54m (~USD65m) final close for Inovo II, a VC fund targeting early-stage investments in tech startups across Poland and the wider CEE region. Read More
Susa Ventures Leads USD3.5m Seed Round for Nigerian Fintech Okra
Susa Ventures led a USD3.5m seed round for Nigeria-based fintech okra, with participation from Accenture Ventures and follow-on from TLcom Capital. Read More
Alibaba Invests USD330m in Turkish E-Commerce Platform Trendyol
Alibaba has invested an additional USD330m in Turkey-based e-commerce platform Trendyol at a reported ~USD11b valuation, bringing Alibaba’s stake to ~87%. Read More
Earlybird Leads USD2m Seed Round for Serbian AI Chip Factory Anari
Earlybird Venture Capital led a USD2m seed round for Anari AI, a Serbian cloud-based AI chip factory, with participation from Acequia Capital and Serbian Entrepreneurs. Read More
Yunfeng Capital Leads USD600m Series C2 for Chinese Digital Supply Chain Provider Xingyun Group
Yunfeng Capital led a USD600m Series C2 for Xingyun Group, a China-based digital supply chain provider for cross-border e-commerce, with participation from Crescent Point and Harvest Fund Management and follow-on from 5Y Capital, Taikang Insurance Group and Matrix Partners China. Read More
Sapphire Ventures, Tiger Global and Insight VP Lead USD125m Series G for Indian Subscription Billing Platform Chargebee
Sapphire Ventures and existing investors Tiger Global Management and Insight Venture Partners led a USD125m Series G for US- and India-based subscription billing and revenue management platform Chargebee, with follow-on from Steadview Capital, at a reported USD1.4b valuation. Read More
Draper Esprit Leads USD60m Series B for Romanian Technology Solutions Provider FintechOS
Draper Esprit led a USD60m Series B for FintechOS, a Romania-based technology provider offering low-code solutions to the financial sector, with follow-on from Earlybird Venture Capital, Gapminder Ventures, Launchub and OTB Ventures. Read More
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