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Amethis and Edmond de Rothschild Private Equity Reach ~USD120m Final Close for Second MENA-focused Fund
Amethis and Edmond de Rothschild Private Equity reached a EUR120m (~USD120m) final close for their second MENA-focused fund targeting majority and minority stake investments of EUR5-15m (~USD5-15m) in SMEs in Morocco, Egypt, Tunisia and Jordan. The fund received commitments from IFC, Proparco, EIB, EBRD, BII and private institutional investors. Read More
Accel-KKR Acquires Chile’s Teamcore
Accel-KKR acquired a majority stake in Teamcore, a Chile-based retail execution platform, for an undisclosed amount. Read More
Nina Capital Leads USD2m Seed Round for Bulgaria’s Healee
Nina Capital led a USD2m seed round for Healee, a Bulgaria-based telehealth platform, with participation from Calm/Storm Ventures and KAYA VC and follow-on from Eleven Ventures. Read More
The LegalTech Fund, Carao Ventures, Preface Ventures, FJ Labs and J Ventures Leads USD3m for Colombia’s Qanlex
The LegalTech Fund, Carao Ventures, Preface Ventures, FJ Labs and J Ventures led a USD3m for Qanlex, a Colombia-based fintech focused on litigation, with participation from angel investors such as the founders of Early Bird. Read More
JAM Fund Leads USD7.9m Seed Round for Pakistan’s PriceOye.pk
JAM Fund led a USD7.9m seed round for PriceOye.pk, a Pakistan-based electronics marketplace, with participation from Peter Thiel, Beenext, Palm Drive Capital, Atlas Ventures and others, with follow-on from Fatima Gobi Ventures, SOSV and Artistic Ventures. Read More
Middle East Venture Partners and BY Ventures Leads USD8m Pre-series A for UAE’s Stake
Middle East Venture Partners and BY Ventures led a USD8m pre-series A for Stake, a UAE-based fractional property investment platform, with follow-on from Vivium Holding and Combined Growth Real Estate. Read More
Women’s World Banking Capital Partners Leads USD11m Pre-series A for Kenya’s Pezesha
Women’s World Banking Capital Partners led a USD6m pre-series A for Pezesha, a Kenya-based provider of working capital to MSMEs, with participation from Verdant Frontiers Fintech Fund, cFund and Input Output Global. Read More
Fosun RZ Capital and Worldwide Logistics Group Lead ~USD19m Series A+ for China’s Jijia
Fosun RZ Capital and Worldwide Logistics Group led a CNY132m (~USD19m) Series A extension for Jijia, a China-based e-commerce platform, with follow-on from eGarden Ventures, Seas Capital, Yunqi Partners, ZCapital and Lighthouse Capital. Read More
DCM Ventures, Lavender Hill Capital and PERSOL Lead USD50m Series D for Singapore’s Glints
DCM Ventures, Lavender Hill Capital and PERSOL led a USD50m Series D for Glints, a Singapore-based career development and recruitment platform, with participation from Endeavor Catalyst, and follow-on from Monk’s Hill Ventures, Fresco Capital and Flipkart co-founder Binny Bansal. Read More
Novo Holdings Leads USD50m Investment in India’s MedGenome with LeapFrog and Sofina
Novo Holdings led a USD50m investment in US-based, India-founded genetic testing company MedGenome, acquiring a minority stake, with follow-on from LeapFrog Investments and Sofina. LeapFrog led a USD55m investment round in April 2020. Read More
General Atlantic Invests ~USD100m in Brazil’s XP
General Atlantic invested ~USD100m in XP, a Brazil-based, NASDAQ-listed financial services platform, bringing its stake in the company to 5.7%. Read More
TPG and Norwest Venture Partners Lead USD110m Series D in for India’s EarlySalary
TPGRise Fund and Norwest Venture Partners led a USD110m Series D for EarlySalary, an India-based consumer lending fintech, with follow-on from Piramal Capital & Housing Finance. Read More