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Sanabil Investments Leads USD40m Series A for Egypt’s Classera

Sanabil Investments led a USD40m Series A for Classera, an Egypt-based edtech focused on emerging markets, with participation from Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and Seedra Ventures. Read More

SDIC Venture Capital Leads ~USD97m Round for China’s New Dimension Systems

SDIC Venture Capital led a ~CNY700m (~USD97m) round for New Dimension Systems, a China-based industrial software provider, with participation from SB China Venture Capital, Vertex Ventures, Chengdu F&D Equity Investment, Bohai Industrial Investment Fund, Shenzhen Hui Capital and others. Read More

Insight Partners Leads USD12m Round for India’s Devtron

Devtron, an India-based, open-source software delivery platform, raised a USD12m round led by Insight Partners. Read More

L Catterton Invests USD80m in Mexico’s Crediclub

L Catterton invested USD80m in Crediclub, a Mexico-based consumer lending platform, with participation from IFC, Sarona and others. Read More

Global Logistic Properties Leads ~USD300m Pre-Series A for China’s Farizon Auto

Global Logistic Properties led a ~USD300m pre-Series A for Farizon Auto, a China-based maker of commercial vehicles powered by new energy sources, with participation from Transfar, Citic Securities Investment, Industry Foundation of Xiangtan, GLy Capital and Mirae Asset. Read More

Sandberg Capital Acquires 75% Stake in Hungary’s Green Fox Academy

Sandberg Capital, through its Sandberg Investment Fund II, acquired a 75% stake in Green Fox Academy, a Hungary-based training platform for developers. Read More

Tiger Global Leads USD23m Series B for Hong Kong’s WATI

Tiger Global led a USD23m Series B for WATI, a Hong Kong-based customer engagement tool built for WhatsApp, with participation from Sequoia India, DST Global and Shopify. Read More

Brazil’s ERP Ativy Secures ~USD24m in Venture Debt from Milenio Capital and Paramis

Brazil-based ERP Ativy secured ~USD24m in venture debt from Milenio Capital and Paramis. Antecipa Facil led a ~USD1.8m round in September. Read More

Quona Capital Leads USD12m Round for Brazil’s Franq

Quona Capital led a USD12m round for Franq, a Brazil-based personal finance marketplace, with participation from Globo Ventures and Broadhaven Capital, and follow-on from Valor Capital Group. Valor Capital Group led a ~USD4m Series A in July 2021. Read More

CEECAT Capital Reaches ~USD152m Final Close for Fund II

CEECAT Capital reached a EUR154m (~USD152m) final close for its second flagship fund, which makes growth equity investments in small and mid-cap companies in southeastern Europe. CEECAT Fund II has already invested EUR74m (~USD73m) in six deals across four countries: Bulgaria, Romania, Serbia and Turkey. Read More

BlackRock and Sidra Capital Reach First Close for Asia-Pacific Private Equity Strategy Fund

BlackRock and Sidra Capital reached the first close of Asia-Pacific Private Equity Strategy, a Shariah-compliant private equity fund focused on Asia-Pacific. Read More

DragonBall Capital Leads ~USD55m Angel Round for China’s Thin Red Line

DragonBall Capital led a ~CNY400m (~USD55m) angel round for Thin Red Line, a China-based augmented reality operating systems platform, with participation from Matrix Partners, BlueRun Ventures and others.  Read More