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Foundation Capital, Mountain Nazca, FEMSA Ventures, Quiet Capital, and 500 Startups Invest USD12m Bridge Round for Mexican Grocery Delivery Startup Jüsto
Foundation Capital, Mountain Nazca, FEMSA Ventures, Quiet Capital, and 500 Startups have invested USD12m in a bridge round for Mexico-based grocery delivery startup Jüsto to support the expansion of its operation within Mexico and into the Colombian market. Read More
Canary, MAYA Capital, and KaszeK Ventures Invest USD16m in Brazilian Healthtech Alice
Canary, MAYA Capital, and KaszeK Ventures have invested a combined USD16m in Alice, a recently launched Brazil-based health care provider. Read More
TreeCorp Investimentos Invests USD18.5m in Brazilian Pet Accessory Retailer Zee.Dog
TreeCorp Investimentos has invested BRL100m (approximately USD18.5m) in Brazil-based pet accessory retailer Zee.Dog. Read More
Actis-Backed Honoris United Universities Acquires Nigeria’s Nile University
Actis-backed pan-African education group Honoris United Universities has acquired Nigeria-based Nile University. This marks the group’s first investment in West Africa. Read More
TPG Acquires Trina Solar’s Assets in Spain, Chile, Colombia, and Mexico and Launches New Energy Platform Matrix Renewables
TPG’s The Rise Fund has acquired China-based photovoltaics maker Trina Solar’s assets in Spain, Chile, Colombia, and Mexico totaling approximately 1GW. The assets will be managed by Matrix Renewables, a newly launched renewable energy platform. Read More
TA Associates Invests USD150m for 2.3% Stake in India’s NSE
Global growth equity fund manager TA Associates has invested USD150m in India’s National Stock Exchange (NSE) for a 2.3% stake. This brings the reported valuation of the exchange to approximately USD6.5b. Read More
Carlyle to Invest USD235m for 25% Stake in India’s Nxtra Data
The Carlyle Group has agreed to invest USD235m for a 25% stake in Indian telco Airtel’s data center business Nxtra Data. Read More
B Capital Group Reaches USD820m Final Close for Second Global Fund
B Capital Group has reached a USD820m final close for its second global fund. The vehicle will invest in growth-stage startups transforming large industries and scaling rapidly across Asia, Europe, and the US. Read More
NordicNinja VC Leads USD2.5m Seed Round for Lithuanian Delivery Service Ziticity
NordicNinja VC led a EUR2.2m (approximately USD2.5m) seed round for Lithuania-based last-mile delivery service Ziticity, with participation from Superhero Capital, Practica Capital, StartupWiseGuys, and Superangel. Read More
IFC and Australis Partners to Invest USD15m in Colombian Retailer Reve Group
IFC and Australis Partners have approved an investment of up to USD15m in Colombian retail and consumer foodservice company Reve Group. Read More
Wamda and Anova Invest in Seven-Figure Seed Round for Dubai’s Ureed
Wamda Capital and Anova Investments led an undisclosed seed investment in Dubai-based freelance marketplace Ureed. Read More
Warburg Pincus Partially Exits Chinese Oncology Group Hygeia via IPO
Warburg Pincus has partially exited its 17.24% stake in China-based oncology health care group Hygeia Healthcare via the company’s IPO on the HKEX. Warburg initially invested in Hygeia in 2015 and now holds a 13.79% stake. Read More