GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.
Access past editions of NewsWatch here.
Dolma Fund Management Reaches ~USD72m Final Close for Dolma Impact Fund II
Dolma Fund Management reached a ~USD72m final close for its second impact fund, a vehicle focused on healthcare, technology and renewable energy sectors in Nepal. Read More
Ming Bioventures Leads ~USD14m Series B for China’s Minimax Medical
Ming Bioventures led a ~CNY100m (~USD14m) Series B for Minimax Medical, a China-based developer of minimally invasive medical devices, with participation from Cowin Capital and Addor Capital. Read More
Amethis Exits Disway Tunisia to Parent Company
Amethis fully exited wholesale computer hardware and software distributor Disway Tunisia to its Morocco-listed parent company Disway. Capital North Africa Venture II first invested in Disway Tunisie in 2015, and Amethis took over management of the fund from Capital Invest in 2018. Read More
STV and Wa’ed Ventures Lead ~USD28m Series A for Saudi Arabia’s Manafa
Saudi Technology Ventures and Wa’ed Ventures led a SAR106m (~USD28m) Series A for Manafa, a Saudi Arabia-based crowdfunding platform. Read More
BlackRock Invests ~USD133m in South Korea’s Brite Energy Partners
BlackRock Real Assets, through its Climate Infrastructure business, invested ~KRW170b (~USD133m) in Brite Energy Partners, a South Korea-based small-scale solar power project developer. Read More
monashees and CapSur Capital Lead USD8m Round for Brazil’s The Coffee
monashees and CapSur Capital led a USD8m round for The Coffee, a Brazil-based coffee chain. Read More
Apis Partners Leads USD75m Series E for India’s Money View
Apis Partners led a USD75m Series E for Money View, an India-based personal financial management and lending platform, at a reported USD900m valuation, with participation from Tiger Global, Winter Capital and Evolence. Read More
Sandberg Capital Invests ~USD21m in Serbia’s Quantox Technology
Sandberg Capital invested EUR20m (~USD21m) in Quantox Technology, a Serbia-based software developer. Read More
Practica Capital Reaches ~USD34m First Close for Fund III
Practica Capital reached a EUR32m (~USD34m) first close for its third fund, a vehicle that will focus on Baltic startups from pre-seed to Series A. Read More
L Catterton Leads USD70m Investment Round for Razor Group; Razor Acquires Mexico’s VALOREO
L Catterton led a USD70m investment round for Razor Group, a global aggregator of e-commerce consumer goods businesses. Following the investment, Razor acquired VALOREO, a Mexico-based e-commerce brand aggregator backed by L Catterton, KASZEK and Presight Capital. Read More
Meituan Leads ~USD100m Series C for China’s Qitan Tech
Meituan led a CNY700m (~USD100m) Series C for Qitan Tech, a China-based developer of genome sequencing technology, with follow-on from BioTrack Capital and Haoyue Capital. Read More
Advent International Leads USD175m Series B for India’s Tredence
Advent International led a USD175m Series B for Tredence, an India-based, AI-powered data analytics company. Read More