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Go-Ventures Leads USD12m Series B for Indonesia’s Paper.id
GoTo-backed Go-Ventures led a USD12m Series B for Paper.id, an Indonesia-based payment and invoicing platform for SMEs, with participation from Skystar Capital, Living Lab Ventures, BM Capital and Redbadge Pacific. Read M Read More
South Korea’s Kapu Raises USD8 Seed Round Led By Giant Ventures and Firstminute Capital
Kapu, a South Korea-based social commerce platform, raised a USD8m seed round led by Giant Ventures and Firstminute Capital, with participation from Founder Collective, Base Capital, Norrsken and Raven One. Read M Read More
Blume Ventures Leads USD7m Pre-Series B for India’s Virohan
Blume Ventures led a USD7m pre-Series B for Virohan, an India-based healthcare training provider, with participation from Bharat Inclusive Technologies Seed Holdings, Rebright Partners, LetsVenture, ALES Global Investment Partnership and others. Read M Read More
Canary Leads USD4m Seed Round for Brazil’s Lastro
Canary led a USD4m seed round for Lastro, a Brazil-based payment collection and contract management platform for rental properties, with participation from QED Investors and 1Sharpe Ventures. Read M Read More
Saama Capital Leads USD3m Series B for India’s Intello Labs
Saama Capital led a USD3m Series B for Intello Labs, an India-based agricultural supply chain platform, with follow-on from Avaana Capital, Omnivore, Nexus Ventures and AgFunder at a USD77m valuation. Read M Read More
UAE’s Letswork Raises USD2m Seed Round from 500 Global, DTEC Ventures, The Space and Angels
Letswork, a UAE-based co-workspace provider, raised a USD2m seed round from 500 Global, DTEC Ventures, The Space and angel investors. Read M Read More
Beyond Capital Ventures Reaches Final Close for Venture Fund
Beyond Capital Ventures reached a final close for its venture capital fund, which is focused on India- and East Africa-based early-stage companies in sectors including healthcare, climate adaptation and fintech. Read M Read More
Amethis Acquires ~30% Stake in Morocco’s Globex Group
Amethis acquired a ~30% stake in Globex Group, a Morocco-based provider of courier, freight, transit and storage services operating under brands including FedEx Express. Read more here and here. Read More
Goldman Sachs Asset Management To Invest in Singapore’s KKR-backed Goodpack
The infrastructure business of Goldman Sachs Asset Management agreed to invest in Goodpack, a Singapore-based provider of reusable metal storage containers. KKR took Goodpack private in 2014 for SGD1.4b (~USD1.1b). Read M Read More
OMAI Invests Additional ~USD24m in South Africa’s Mulilo
Old Mutual Alternative Investments (OMAI), through its Hybrid Equity fund, invested ZAR420m (~USD24m) to increase its stake in Mulilo, a South Africa-based renewable energy independent power producer. Hybrid Equity has been a shareholder in Mulilo since 2015. Read More
Enterprise Investors-backed Studenac Acquires Croatia’s Toni Marketi
Studenac, a Croatia-based retail chain backed by Enterprise Investors, acquired Toni Marketi, a retailer operating 12 stores on the central Croatian Adriatic coast. Read M Read More
Global Ventures Leads USD3m Seed Round for Egypt’s OneOrder
Global Ventures’ Nclude fund led a USD3m seed round for OneOrder, an Egypt-based restaurant supply chain platform, with participation from A15 and Delivery Hero Ventures. Read M Read More