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Sequoia Capital India Leads USD12m Series A for Indian Agtech DeHaat with Participation from FMO, Omnivore, and AgFunder
Sequoia Capital India led a USD12m Series A for India-based agtech DeHaat, with participation from Dutch development finance institution FMO and existing investors Omnivore and AgFunder. Read More
Baring Private Equity Asia to Invest USD46.56m in China Water Affairs Group
Hong Kong-based Baring Private Equity Asia has invested HKD361m (approximately USD46.56m) in Hong Kong-based water supply company China Water Affairs Group. Read More
Finnfund Invests USD1m in Rwandan E-Commerce Startup Kasha
Finnish development finance institution Finnish Fund for Industrial Cooperation has invested USD1m in Rwanda-based female-focused e-commerce startup Kasha. Read More
SpeedUp Energy Innovation Invests ∼USD1m in Polish HRtech DevSkiller
SpeedUp Energy Innovation, a fund established under the partnership between PGE Ventures, PFR Ventures, National Center for Research and Development (NCBR), and SpeedUp Group, has invested EUR1m (approximately USD1m) in Poland-based HRtech company DevSkiller. Read More
IFC Provides USD2.5m in Financing to I&P-Backed New Crystal
International Finance Corporation has provided USD2.5m in financing to New Crystal, a Ghana-based health care group providing medical services to lower-middle-income and low-income patients. Read More
Aqua Capital’s Ultracheese Acquires Brazil Cheese Manufacturer Búfalo Dourado
Ultracheese, a company controlled by Latin American agribusiness private equity fund manager Aqua Capital, has acquired Brazil-based buffalo milk cheese manufacturer Búfalo Dourado for an undisclosed amount. Read More
CVC Capital Partners Reaches USD4.5b Final Close for Asia Pacific Fund V
Global private equity firm CVC Capital Partners has reached a USD4.5b final close for its fifth Asia Pacific fund, surpassing its initial target of USD4b. Read More
Utrust VC, Forebright Capital, and Walden International Lead ~USD141m Investment in Chinese AI Developer Intellifusion
Chinese AI technology developer Intellifusion has secured nearly USD141m in a pre-IPO round led by Utrust VC, Forebright Capital, and existing investor Walden International. Other investors in the round include CCB International, BOCOM International, BOC & Trust Private Equity Fund, Topping Capital, Tsinghua Holdings Capital, HCSD Capital, Sino-US Venture Capital, and Sirius Capital. Intellifusion recently launched an AI epidemic prevention… Read More
Raed Ventures Leads USD6.6m Series A for Saudi Digital B2B Marketplace Sary
MENA-focused venture capital firm Raed Ventures led a USD6.6m Series A for Saudi Arabia-based digital B2B marketplace Sary, with participation from MSA Capital and Derayah Ventures. Read More
Lightbox Ventures Leads USD10m Debt and Equity Investment in Indian Furniture Rental Startup Furlenco
VC firm Lightbox Ventures led a USD10m debt and equity financing round for India-based furniture rental startup Furlenco. Lightbox and Dabur scion Saket Burman, who invested through his personal investment arm Chowdry Associates, provided equity financing. A group of ultra-high-net-worth individuals including Kris Gopalakrishnan, former CEO of Infosys, and Gautham Radhakrishnan, a former partner with private equity firm Tata Capital,… Read More
Openspace Ventures and Intudo Ventures Lead USD17m Series A+ for Indonesian Agtech TaniHub
Openspace Ventures and Intudo Ventures co-led a USD17m Series A+ for Indonesia-based agtech TaniHub, with participation from UOB Venture Management, Vertex Ventures, BRI Ventures, Golden Gate Ventures, and Tenaya Capital. Read More
LeapFrog Leads USD55m Series D for Indian Genetic Diagnostics Company MedGenome, Sofina and Sequoia Join
Emerging markets impact investor LeapFrog Investments led a USD55m Series D for India-based genetic diagnostics firm MedGenome, with participation from existing investors Sofina and Sequoia Capital. Read More