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Centurium Capital Leads USD100m Series D for China’s Yunxuetang
Chinese corporate training platform Yunxuetang raised a USD100m Series D led by China-focused private equity firm Centurium Capital. Existing investors YF Capital and SIG also participated in the round. Read more» Read More
Janngo Launches USD66.5m African VC Fund with USD16.6m Anchor Commitment from EIB
Côte d’Ivoire-based social impact investor Janngo has launched Janngo Capital Startup Fund, a USD66.5m vehicle targeting tech-enabled startups in Africa. The fund will invest from seed through growth stage with at least 50% of startups founded, co-founded, or benefiting women. The fund has received a USD16.6m anchor investment from the European Investment Bank (EIB). Read more» Read More
China Biopharma I-Mab Raises USD104m via IPO on the Nasdaq
I-Mab, a Chinese drug developer focused on autoimmune diseases, raised USD104m in an IPO on the Nasdaq. C-Bridge Capital and Hony Capital back the company. Read more» Read More
Wanxue Education Raises USD100m Series D Led by ADV Partners
Beijing-based education services provider Wanxue Education has raised a USD100m Series D led by Asian private equity firm ADV Partners. Read more» Read More
Accion Exits Indian SME Lender Aye Finance via Sale to A91 Partners
US-based Accion has exited Indian SME lender Aye Finance via sale to Indian VC A91 Partners. The financial terms of the transaction were undisclosed. Read more» Read More
Fajr Capital Exits Bank Islam Brunei Darussalam
Middle East- and Southeast Asia-focused private equity firm Fajr Capital has completed its exit of Bank Islam Brunei Darussalam via a sale of its 29.7% stake to government-owned Brunei Investment Agency. Read more» Read More
Canary and Wayra Exit Brazil’s Teravoz in Sale to US-based Twilio
Brazilian venture capital firm Canary and Telefónica’s Wayra exited Teravoz, a Brazilian VoIP services provider to small businesses and call centers, in a sale to Silicon Valley-based cloud communication platform Twilio. The financial terms for the transaction were undisclosed. Read more» Read More
Sequoia Partner Michael Moritz Leads USD38m Round in Turkish Delivery Startup Getir
Sequoia Capital partner Michael Moritz led a USD38m investment in Getir, an Istanbul-based delivery startup. Moritz committed USD25m via Crankstart, his personal investment vehicle. The additional USD13m was from undisclosed investors in Brazil and Turkey. Read more» Read More
Sequoia Capital Leads USD45m Series B for Czechoslovakia’s productboard With Participation From Bessemer Venture Partners
Global VC firm Sequoia Capital led a USD45m Series B for Czech product management software company productboard, along with Bessemer Venture Partners and previous investors. Read more» Read More
Impact Investor responsAbility Investments Reaches USD151m First Close for Climate Debt Fund
Swiss impact investment fund manager responsAbility Investments has announced the first close of its climate debt fund at USD151m. The fund, focused on expanding energy access in emerging markets with a strong focus on Sub-Saharan Africa and South and Southeast Asia, has received commitments from AHL Venture Partners, Ashden Trust, Bank of America, Bohemian Impact Investments, Calvert Impact Capital, Clean… Read More
ABseed and Order Invest USD2.5m in Brazilian SaaS Platform Leads2b
Brazilian VCs ABseed and Order invested BRL10m (USD2.5m) in Leads2b, a Brazilian client prospecting SaaS platform. Read more» Read More
Global Founders Capital and Others Invest USD4.1m in Tech Startup Pachama
San Francisco-based Pachama, a marketplace for carbon offset projects, received USD4.1m in seed investment from Global Founders Capital, Social Capital, Lowercase Capital, Saltwater Capital, and angel investors including Paul Graham (YC), and others. Pachama’s founder is Argentinian entrepreneur Diego Saez-Gil. Read more» Read More