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Victory Hill Capital Partners and Paraty Energia To Acquire Brazil’s Mascarenhas Hydropower Plant from EDP Brasil for ~USD244m
Victory Hill Capital Partners, through its Global Sustainable Energy Opportunities fund, and Paraty Energia agreed to acquire Brazil-based hydropower plant Mascarenhas from EDP Brasil for BRL1.2b (~USD244m). Read More
Vertex Ventures Southeast Asia & India Leads USD12m Series A for Singapore’s Propseller
Vertex Ventures Southeast Asia & India led a USD12m Series A for Propseller, a Singapore-based residential real estate platform s, with participation from Partech, ICCP SBIT, Vulpes Ventures and Redbadge Pacific, and follow-on from Hustle Fund, Iterative and Rapzo Capital. Read More
Upload Ventures Leads USD12m Series A for Mexico’s Plerk
Upload Ventures led a USD12m Series A for Plerk, a Mexico-based company benefits platform, with participation from angels and follow-on from Magma Partners, 500 Global and MGV Capital. Read More
BioTrack Capital Leads ~USD15m Angel Round for China’s Acchrom Tech
BioTrack Capital led a CNY100m (~USD15m) angel round for Acchrom Tech, a China-based chromatography enterprise, with participation from CD Capital and SDIC Unity Capital. Read More
Oriental Fortune Capital Leads USD100m Series B for China’s Bao Pharmaceuticals
Oriental Fortune Capital led a more than USD100m Series B for Bao Pharmaceuticals, a China-based biotech company, with participation from Haitong Innovation Capital Management, Sun Rock Capital Management and Jintong Capital, and follow-on from CenterLab and Findowin Capital. Read More
Kedaara Capital Acquires Minority Stake in India’s Oasis Fertility for USD50m; InvAscent To Exit
Kedaara Capital acquired a minority stake in India-based fertility clinic Oasis Fertility for USD50m, providing an exit for InvAscent. InvAscent invested INR400m (~USD6m) in the company in October 2016. Read More
monashees and CRV Leads USD6.7m Pre-seed for Brazil’s Latú
monashees and CRV led a USD6.7m pre-seed for Latú, a Brazil-based provider of business insurance, with participation from ONEVC, Latitud and SVAngels. Read More
Global Ventures Leads USD2.4m Seed Round for Egypt’s SubsBase
Global Ventures led a USD2.4m seed round for SubsBase, an Egypt-based subscription and revenue management platform, with participation from HALA Ventures, P1 Ventures, Plus Venture Capital (+VC), Plug and Play, Ingressive Capital, Camel Ventures and others. Read More
AIGF Advisors Reaches ~USD126m Final Close for Second Southeast Asia-Focused Growth Fund
AIGF Advisors reached a JPY17.3b (~USD126m) final close for AIGF II, its second Southeast Asia-focused growth fund. Read More
Singularity Growth Opportunity Fund Leads USD65m Series D for India’s Servify
Singularity Growth Opportunity Fund led USD65m Series D for Servify, an India-based smartphone lifecycle management provider, with participation from AmTrust and others, and follow-on from Blume Ventures, Iron Pillar, Beenext and DMI Sparkle Fund. Read More
Prosperity7 Ventures Leads USD60m Series B+ for China’s Zilliz
Prosperity7 Ventures led a USD60m Series B extension for Zilliz, a US- and China-based vector database company, with follow-on from Pavilion Capital, Hillhouse Capital, 5Y Capital and Yunqi Capital. Read More
Poland’s Inovo Reaches ~USD99m Final Close for Third Fund for CEE Startups
Poland-based Inovo VC reached a EUR100m final close for its third fund, investing in pre-seed to Series B rounds in Central and Eastern Europe. Read More