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Horizons Ventures and Alpha JWC Lead USD25m Series A for Indonesian Digital Investment Platform Ajaib
Horizons Ventures and Alpha JWC led a USD25m Series A for Indonesia-based digital investment platform Ajaib Group, with follow-on from SoftBank Ventures Asia, Insignia Ventures, and Y Combinator. Read More
SHUAA Capital-Led Consortium Completes USD308m Debt Buyout of Dubai-Based Stanford Marine Group
SHUAA Capital completed a debt buyout of Stanford Marine Group’s AED1.13b (approximately USD308m) facility, including offshore services related to the oil and gas industry in the Middle East. Read More
KKR Reaches USD3.9b Final Close for Asia Pacific Infrastructure Fund
KKR has reached a USD3.9b final close for its KKR Asia Pacific Infrastructure Investors fund. The vehicle will focus on infrastructure-related investments across Asia Pacific. Read more Read More
Carlyle Leads USD123m Series D for Chinese Biotech Abbisko
The Carlyle Group led a USD123m Series D for China-based biotech firm Abbisko, with participation from Warburg Pincus, OrbiMed, and Lake Bleu Capital. Janchor Partners, Sage Partners, SHC, and Greater Bay Area Homeland Development Fund also participated in the round, and existing investors Lilly Asia Ventures, Temasek Holdings, Qiming Venture Partners, Hankang Capital, and CICC Capital followed on. Read More
Intel Capital, TPG Growth, and EchoVC Lead USD85m Series B for Kenya’s Global Agricultural Data & Analysis Platform Gro Intelligence
Intel Capital, Africa Internet Ventures (a strategic partnership between TPG Growth and EchoVC), and the family offices of Ronald Lauder and Eric Zinterhofer led a USD85m Series B for Gro Intelligence, a Kenya-based, AI-powered insights company focused on the global agriculture industry. Schusterman Family Investments, Dick Parsons, Rethink Food, and unnamed family offices also participated in the round, and existing… Read More
Sequoia China Leads USD150m Series B for Chinese Biotech Visen Pharmaceuticals
Sequoia Capital China led a USD150m Series B for China-based biotech firm Visen Pharmaceuticals, with participation from OrbiMed, Sherpa Healthcare Partners, Cormorant, HBM Healthcare Investments, Pivotal bioVenture Partners China, Logos Capital, and CDG Capital, as well as follow-on from existing investors, including Ascendis Pharma A/S, Vivo Capital, and Sofinnova Investments. Read More
Kotak Invests in India’s Cell Therapy Startup Eyestem
Kotak Investment Advisors invested an undisclosed amount in Bengaluru-based cell therapy startup Eyestem Research. Unnamed existing global investors from Switzerland, South Africa, and India also participated in the round. Read More
IDB Commits Combined USD30m to Vinci and HMC Funds
IDB Invest has agreed to commit a combined USD30m to funds managed by Vinci Partners and HMC Capital. IDB agreed to invest up to USD10m in Vinci Impact and Return Fund IV, a fund targeting investments in SMEs across the education, health care, IT, and environmentally friendly consumer goods sectors in Brazil; and USD20m in HMC Andean Private Debt Investment… Read More
OP Finnfund Global Impact Fund I Reaches USD166m Second Close
OP Finnfund Global Impact Fund I has reached a EUR135m (approximately USD166m) second close. The impact vehicle, which targets investments in emerging markets across renewable energy, financial institutions, and sustainable agriculture, reached a EUR76m (~USD93.5m) first close in June 2020. The second round of funding ended in December 2020 and raised EUR58m (~USD71.5m). Read More
SoftBank and Dynamo Lead USD190m Series E for Brazilian Online Marketplace MadeiraMadeira
SoftBank and Dynamo led a USD190m Series E for MadeiraMadeira, a Brazil-based online marketplace that specializes in home products, with follow-on from Flybridge, monashees, Velt, Brasil Capital, and Lakewood. With the latest investment, MadeiraMadeira has reportedly reached a valuation of USD1b. Read More
Omnivore Invests Seed Round for Indian Agtech Agri10x
Omnivore has invested an undisclosed seed round for Agri10x, an India-based agtech that operates a blockchain-based marketplace connecting farmers and buyers. Read More
Actis Exits Stake in Nigerian Marine Logistics Company C&I Leasing to Peace Mass Transit
Actis has exited its stake in C&I Leasing, a Nigeria-based company offering fleet management, outsourcing, and marine services, via a trade sale to Peace Mass Transit. Read More