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Amethis Exits Mauritius’s CIEL Finance
Amethis exited CIEL Finance, the banking and financial services division of Mauritius-listed CIEL Group, through a share buyback. Read More
Carlyle To Acquire Czech Republic’s TESCAN ORSAY
Carlyle agreed to acquire a majority stake in TESCAN ORSAY, a Czech Republic-based manufacturer of electron microscopes and other scientific instruments. Read More
Verod Capital Management Exits Daystar Power Group
Verod Capital Management, through its Verod Capital Growth Fund II, fully exited Daystar Power Group, a hybrid solar power developer operating in West Africa, via a sale to Shell. Verod first invested in Daystar in 2019. Read M Read More
General Atlantic Reaches USD3.5b Final Close for Climate Solutions Fund
General Atlantic reached a USD3.5b final close for its inaugural BeyondNetZero fund, which invests in climate-focused companies alongside General Atlantic’s flagship funds. Read More
Climate Fund Managers Reaches USD855m Second Close for CI2
Climate Fund Managers reached a USD855m second close for Climate Investor Two (CI2), a blended finance vehicle focused on water, sanitation and oceans infrastructure projects in emerging markets. CI2 reached a USD675m first close in November 2021 and is targeting USD1b. Read M Read More
China National Building Material Leads ~USD576m Series C China’s Xi’an ESWIN Material
China National Building Material, through its CNBM New Material Fund, led a CNY4b (~USD576m) Series C for Xi’an ESWIN Material, a China-based semiconductor products and services supplier, with participation from Source Code Capital, Yufu Holding, Financial Street Capital, Chang An Hui Tong, Shang Qi Capital, SDIC Unity Capital and others. Read M Read More
Kinnevik and Goldman Sachs Asset Management Lead USD185m Series C for Czech Republic’s Mews
Kinnevik and Goldman Sachs Asset Management led a USD185m equity and debt Series C for Mews, a Czech Republic-based hotel property management platform, with participation from Revaia, Derive Ventures and Orbit Capital, and follow-on from Battery Ventures, Notion Capital, Salesforce Ventures and others. Read M Read More
Morocco’s Mediterrania-backed Akdital Raises ~USD113m in IPO
Akdital, a Morocco-based medical clinic operator, raised MAD1.2b (~USD113m) through an IPO on the Casablanca Stock Exchange. Mediterrania Capital Partners, which invested in Akdital in March 2020 through its third fund, sold part of its stake in the listing. Read more here and here. Read More
GCL Perovskite Raises ~USD72m Series B Extension Round Led by Temasek, Sequoia China and IDG Capital
GCL Perovskite, a China-based photovoltaic material manufacturer, raised a CNY500m (~USD72m) Series B extension round led by Temasek, Sequoia China and IDG Capital, with participation from Longwater Investment and follow-on from GCL Tech. Read M Read More
LeapFrog Leads USD70m Series D Extension Round for Africa and Asia’s Sun King
LeapFrog Investments led a USD70m Series D extension round for Sun King, a US-based provider of pay-as-you-go solar energy systems in Africa and Asia. Sun King raised USD260m for its Series D in April. Read M Read More
Princeville Capital Leads USD70m Series D Extension Round for Chile’s NotCo
Princeville Capital led a USD70m Series D extension round for Chile-based foodtech NotCo, with participation from KASZEK, Tiger Global, Bezos Expeditions, L Catterton and angel Marcos Galperin (MercadoLibre) at the same USD1.5b valuation from its USD235m Series D in July 2021. Read M Read More
Singapore’s Osome Raises USD25m Series B from Illuminate, AFG Partners and Winter Capital
Osome, a Singapore-based financial administration platform, raised a USD25m Series B from Illuminate Financial, AFG Partners and Winter Capital. Read M Read More