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Blume Ventures Reaches USD250m Final Close for Fund IV
Blume Ventures reached a USD250m final close for its fourth fund, which is focused on early-stage startups in India. Read M Read More
SBICAP Ventures Reaches ~USD1.9b Final Close for SWAMIH Fund I
SBICAP Ventures reached a INR155b (~USD1.9b) final close for SWAMIH Fund I, an India-focused vehicle that will provide debt financing to affordable and mid-income housing projects. Read M Read More
Headline Leads ~USD7m Round for Brazil’s Smart Break
Headline led a BRL30m (~USD7m) round for Smart Break, a Brazil-based startup installing pop-up grocery stores in residential and commercial buildings, with participation from UVC Investimentos, and follow-on from Anjos do Brasil and Columbia Alumni Angels. Read More
Xiang He Capital Leads ~USD10m Series A+ for China’s PhiGent Robotics
Xiang He Capital led a ~USD10m Series A+ for PhiGent Robotics, a China-based autonomous driving solutions provider, with follow-on from Ince Capital. Read more here and h Read More
Aavishkaar Capital Leads USD13m Series A for India’s MoooFarm
Aavishkaar Capital led a USD13m Series A for MoooFarm, an India-based full-stack platform for dairy farmers, with participation from Accel Partners, Aditya Birla Ventures, Rockstart, Navus Ventures and Alteria Capital. Read More
Sequoia Leads ~USD14m Series A for India’s Prismforce
Sequoia India led a INR1b (~USD14m) Series A for Prismforce, an India-based B2B talent services platform. Read More
Temasek and Sofina Ventures Lead USD60m Series E for India’s DeHaat
Temasek and Sofina Ventures led a USD60m Series E for DeHaat, an India-based agricultural services platform for small farmers in India, with follow-on from Lightrock India, RTP Global and Prosus Ventures. Read More
China’s DJEL Raises ~USD139m from Green Pine Capital Partners, CoStone Capital and Others
DJEL, a China-based semiconductor equipment and software provider, raised CNY1b (~USD139m) from Green Pine Capital Partners, CoStone Capital, CGII Private Fund, Anxin Capital, XingCheng Capital and others. Read More
Impact46-Backed Jahez To Acquire Saudi Arabia’s The Chefz for ~USD173m
Jahez, a food delivery app backed by Impact46, agreed to acquire a 100% stake in The Chefz, a Saudi Arabia-based dessert delivery platform for SAR650m (~USD173m). Read More
Quona Capital and FinTech Collective Lead USD3m Seed Round for Nigeria’s Orda
Quona Capital and FinTech Collective led a USD3m seed round for Orda, a Nigeria-based provider of software solutions for small and medium-sized restaurants, with participation from Outside VC and Far Out Ventures, and follow-on from LoftyInc Capital, Enza Capital and Norrsken Foundation. Read More
Iterative Capital Reaches USD55m Final Close for Fund II
Iterative Capital reached a USD55m final close for its second fund focused on early-stage Southeast Asian startups. Investors include Cendana, K5 Global, Village Global and Goodwater Capital, as well as Arash Ferdowsi (Dropbox), Achmad Zaky (Bukalapak), David Shim (Foursquare), Kum Hong Siew (Airbnb Asia) and others. Read More
Kotak Special Situations To Invest ~USD67m in India’s Sanghi Industries Group
Kotak Special Situations agreed to invest INR5.5b (~USD67m) in non-convertible debentures in Sanghi Industries Group, an India-listed cement manufacturer. Read More