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Urban Innovation Fund Leads USD4.4m Seed Round for Mexico’s Plenna
Urban Innovation Fund led a USD4.4m seed round for Plenna, a Mexico-based women’s healthcare platform, with participation from Collaborative, 1984, Bridge Latam, Amador Holdings, Nido Ventures, Integra Groupe and Phoenix Club, and follow-on from 500 Global and Canary. Read M Read More
EBRD Commits ~USD5m to 500 Istanbul Fund II
European Bank for Reconstruction and Development (EBRD) committed EUR5m (~USD5m) to 500 Istanbul Fund II, 500 Global’s second Turkey- and CEE-focused fund. Read M Read More
Ant Group Leads USD14m Series A for Hong Kong’s Aigens
Ant Group led a USD14m Series A for Aigens, a Hong Kong-based provider of digital ordering and POS systems for restaurants, with participation from Velocity Ventures, Phillip Private Equity and Prizm Ventures. Read M Read More
Highlight Capital Leads ~USD14m Pre-Series A for China’s Silicon Innovation
Highlight Capital led a ~CNY100m (~USD14m) pre-Series A for Silicon Innovation, a China-based chip developer, with participation from Greystar and follow-on from Glory Ventures and Rising Investments. Read M Read More
Legend Capital Leads ~USD14m Pre-Series A for China’s GS Biotech
Legend Capital led a ~CNY100m (~USD14m) pre-Series A for GS Biotech, a China-based developer of bio-based materials, with participation from Junsan Capital and Eastern Bell Capital. Read M Read More
Alexia Ventures Leads USD17m Series A for Brazil’s Seedz
Alexia Ventures led a USD17m Series A for Seedz, a Brazil-based loyalty platform for agribusinesses, with participation from VOX Capital and Endeavor Scale-Up, and follow-on from Parceiro Ventures. Read M Read More
Gerdau Next Ventures and Inovabra Lead ~USD21m Series B for Brazil’s Docket
Gerdau Next Ventures and Inovabra, the corporate venture arm of Bradesco, led a BRL110m (~USD21m) Series B for Docket, a Brazil-based legal document analysis platform, with participation from TM3 Capital, and follow-on from Valor Capital Group, ONEVC and Wayra. Read M Read More
General Atlantic Sells 1.8% Stake in India’s KIMS for ~USD26m
General Atlantic sold a 1.8% stake in Krishna Institute of Medical Sciences (KIMS), an India-listed hospital chain, for INR2.15b (~USD26m). Read M Read More
Igloo Raises USD27m Series B Extension Round from BlueOrchard, WAM and Others
Singapore-based insurance platform Igloo raised a USD27m Series B extension round from BlueOrchard’s InsuResilience Investment Fund II, Women’s World Banking Asset Management (WAM), Finnfund and La Maison, with follow-on from Cathay Innovation. Read M Read More
Affirma Capital Sells 5.48% Stake in India’s Craftsman Automation for ~USD45m
Affirma Capital sold its 5.48% stake in India-listed automotive parts manufacturer Craftsman Automation for INR3.7b (~USD45m), generating a 5.1x MOIC in USD terms. Read more here and here. Read More
India’s KreditBee Raises USD80m Series D from NewQuest Capital Partners, Premji Invest and Others
KreditBee, an India-based consumer lending platform, raised a USD80m Series D from NewQuest Capital Partners, Premji Invest, Motilal Oswal Alternates, Mirae Asset Ventures and MUFG Bank. Read M Read More
Temasek Leads USD135m Series H for India’s HealthKart
Temasek led a USD135m Series H for HealthKart, an India-based consumer nutrition marketplace, with participation from A91 Partners and Kae Capital. Read M Read More