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Golden Gate Ventures Reaches USD20m First Close for MENA Fund
Golden Gate Ventures reached a USD20m first close for its USD100m fund focused on startups operating alternative energy, green technology, B2B AI, energy-related deep tech, fintech, health tech and edtech sectors across the Middle East and North Africa. Read More
Accion Launches USD152.5m Digital Transformation Fund
Accion launched its Digital Transformation Fund, a USD152.5m vehicle focused on financial institutions connecting SMEs and individuals to the digital economy in South and Southeast Asia, Latin America and Africa. Read More
Kotak Invests ~USD48m India’s Biorad Medisys
Kotak invested ~INR4b (~USD48m) in India-based medical device manufacturer Biorad Medisys. Read More
Ventures Platform Leads USD3.2m Debt and Equity Round for Senegal’s Maad
Ventures Platform led a USD3.2m debt and equity round for Maad, a Senegal-based logistics platform for informal retailers, with participation from Seedstars International Ventures, Reflect Ventures, Oui Capital, Launch Africa, Voltron Capital and Alumni Ventures. Read More
Temasek-backed SeaTown Leads USD40m Investment in Singapore’s Linnovate Partners
SeaTown, a firm owned by Temasek-backed asset management group Seviora, led a USD40m investment in Linnovate Partners, a Singapore-based asset services provider. Read More
Breakthrough Energy Ventures, GenZero, Temasek and Wavemaker Impact Lead USD14m Series A for Singapore’s Rize
Rize, a Singapore-based agritech platform focused on sustainable rice cultivation, raised a USD14m Series A led by Breakthrough Energy Ventures, GenZero, Temasek and Wavemaker Impact. Read More
AfricInvest sells part of its stake in One Tech
AfricInvest partially edited its stake in One Tech, a Tunisia-based electrical equipment manufacturer and services provider, for TND8m (~USD2.6m). Read More
GIC led USD105m Series C for Atlan w/ Meritech Capital, Salesforce Ventures and Peak XV Partners
GIC led USD105m Series C for Atlan, a Singapore-founded data and AI governance platform, with participation from Meritech Capital, Insight Partners and Waterbridge Ventures, as well as follow-on from Salesforce Ventures and Peak XV Partners. Read More
GEF invests INR5.6b (USD70m) into TI Clean Mobility
GEF Capital Partners invested INR5.8b (~USD69.5m) in TI Clean Mobility, an India-based manufacturer of electric three-wheelers for logistics and passenger transportation. Read More
Quadria invests INR8.5b (USD102m) into NephroPlus
Quadria Capital invested INR8.5b (~USD102m) in NephroPlus, an India-based dialysis service network, providing a partial exit for Investcorp. Read More
Community Investment Management extends USD75m credit to Jeeves
Jeeves, a US-based B2B payments and corporate card platform, secured a USD75m credit facility from Community Investment Management. The financing will be used to scale Jeeves’ financial product suite in Brazil, Colombia and Mexico. Read More
Navis Capital Partners exits SEGi
Navis Capital Partners fully exited its remaining 20.5% stake in SEG International (SEGi), a Malaysia-based education group, for MYR113m (~USD23.7m) through a sale to SEGi managing director Clement Hii. Read More