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Chaos Investment Leads ~USD100m Series B for China’s FreeTech
Chaos Investment led a ~USD100m Series B for FreeTech, a China-based assisted driving system developer, with participation from Hengxu Capital, BAIC Capital, TCL, Shaanxi Automobile Group, Sun Life-Everbright and Aopeng Investment. Read More
SAIC Goldstone Leads ~USD139m Series B+ for China’s SemiDrive
SAIC Goldstone led a ~CNY1b (~USD139m) Series B+ for SemiDrive, a provider of China-based automotive-grade chips, with participation from CITIC Securities, Jiangsu Goldstone Transportation Technology Industry Fund, Guozhong Venture Capital Management, Huatai Insurance, Qianhai W&W Fund Management and others. Read More
Proterra Reaches USD200m Final Close for Food Fund 3
Proterra Investment Partners Asia reached a USD200m final close for Food Fund 3, a Singapore-domiciled vehicle that will make food-related investments across Asia. Read More
FEN Ventures and Innogen Lead USD7m Seed Round for Peru’s Wynwood House
FEN Ventures and Innogen Capital led a USD7m equity and debt round for Wynwood House, a Peru-based short-term rentals platform. Read More
Bridge One Invests ~USD21m in Brazil’s BR Media
Bridge One invested BRL105m (~USD21m) in BR Media, a Brazil-based social media agency connecting corporates with influencers. Read More
Hillhouse Capital To Invest USD300m in India’s Table Space
Hillhouse Capital agreed to invest USD300m in Table Space, an India-based co-workspace provider. Read More
Target Global Leads USD41m Round for Hong Kong’s XanPool
Target Global led a USD41m round for XanPool, a Hong Kong-based cross-border payments infrastructure provider, with follow-on from Antler Elevate. Read More
AIIM To Invest USD90m in South Africa’s NOA Group
African Infrastructure Investment Managers (AIIM), through its South African IDEAS Fund and AIIF4, agreed to invest USD90m in NOA Group, a South Africa-based developer of large-scale energy generation utilizing wind, solar and storage technologies. Read More
CPP Invests ~USD468m in Brazil’s V.Tal
CPP Investments agreed to invest BRL2.5b (~USD468m) in V.Tal, a Brazil-based neutral fiber optic network controlled by funds managed by BTG Pactual. Funds managed by BTG Pactual increased their stake in the company from 61.8% to 65.9%, while the Brazilian phone operator Oi has 31.4%. Read More
Mitsubishi Corporation and Mizuho Leaguer Investment Lead ~USD28m Pre-Series A Extension Round for China’s Ruiyun Cold Chain
Mitsubishi Corporation and Mizuho Leaguer Investment led a CNY200m (~USD28m) pre-Series A extension round for Ruiyun Cold Chain, a China-based cold-chain services platform, with follow-on from Panlin Capital, Qingsong Fund, Eight Roads Ventures and China Merchants Venture. Read More
Abris-Backed Scanmed Acquires Poland’s ARS Medical
Scanmed, with support from Abris Capital Partners, acquired ARS Medical, a Poland-based healthcare provider focusing on cancer treatment. Abris acquired Scanmed in 2020. Read More
Amethis Exits Morocco’s CFG Bank
Amethis exited Morocco-based commercial bank CFG Bank, selling a majority of its shares to current shareholders. Read More