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Bboxx To Acquire Ghana’s Private Capital-backed PEG Africa
Bboxx agreed to acquire PEG Africa, a Ghana-based off-grid solar energy provider backed by investors such as responsAbility Investments and Investisseurs & Partenaires, for an undisclosed amount. Bboxx’s investors include Bamboo Capital Partners, Acumen Capital Partners and Lion’s Head Global Partners. Read More
Hamilton Lane Reaches ~USD953m Final Close for Latest Private Credit Fund
Hamilton Lane reached a ~USD953m final close for its Strategic Opportunities Fund VII, which will target primarily direct credit investments. Read More
Itochu Corporation Leads USD44m Series C for Singapore’s Docquity
Itochu Corporation led a USD44m Series C for Singapore-based health services platform Docquity, with participation from iGlobe Partners, Alkemi, Global Brain, KDV and Infocom. Read More
Navis Capital Partners Exits Singapore’s Adampak
Navis Capital Partners exited its 100% stake in Adampak, a Singapore-based manufacturer specializing in labels and barcode stickers, to Oji Imaging Media, a Japan-based paper company, for an undisclosed amount. Navis tookAdampak private for ~USD88m through its sixth fund in 2012. Read More
China’s Mogulinker Raises ~USD14.5m Series C1 Led by Broadstream Capital, V Fund and Zhisland
Mogulinker, a China-based software provider for the industrial internet/IoT industry,, raised a CNY100m (~USD14.5m) Series C led by Broadstream Capital, V Fund and Zhisland, with follow-on from GGV Capital and Xiang He Capital. Read More
Gradient Ventures Leads USD15m Series A for Mexico’s R2
Gradient Ventures led a USD15m Series A for R2, a Mexico-based embedded lending platform for consumer-facing applications, with participation from FEMSA Ventures and PayU, and follow-on from General Catalyst, Magma Partners and 166 2nd, the FO of WeWork founder Adam Neuman. General Catalyst led a USD5.9m seed round in February 2022. Read More
CD Capital Leads USD50m Series A for China’s Neukio Biotherapeutics
CD Capital led a USD50m Series A for Neukio Biotherapeutics, a China-based developer of cell therapies for cancer treatment, with participation from Alwin Capital and Surplus Capital, and follow-on from Lilly Asia Ventures, Sherpa Healthcare Partners and IDG Capital. Read more here and h Read More
Blackstone To Acquire 11.6% Stake in Estonia’s Luminor Holding for 80% Total Stake
Blackstone agreed to acquire an additional 11.6% stake in Luminor Holding, a subsidiary of Estonia-based Luminor Bank from Denmark-based bank Nordea, bringing its total stake in Luminor Holding to 80%. Read More
Monk’s Hill Ventures Leads USD3.5m Pre-Series A for Singapore’s Starboard
Monk’s Hill Ventures led a USD3.5m pre-Series A for Starboard, a Singapore-based platform for founders to start and run their companies globally, with participation from Actium Partners, Iterative Capital and various angels. Read More
StepStone Group Leads USD20m Series A for Mexico’s Draftea
StepStone Group led a USD20m Series A for Draftea, a Mexico-based fantasy sports league platform, with follow-on from KASZEK, Sequoia, Bullpen and Courtside Ventures, and angels Cristiano Ronaldo, Travis Kelce (Kansas City Chiefs) and Kevin Durant (Brooklyn Nets). Draftea raised USD4m in April 2022; KASZEK led a USD13.2m round in January. Read More
Women’s World Banking Asset Management Leads ~USD21m Investment in India’s Bike Bazaar
Women’s World Banking Asset Management led a INR1.7b (~USD21m) investment in India-based motorbike financing platform Bike Bazaar, with participation from Light Travels, AMP Fitness and ECO power, and follow-on from Elevar Equity and Faering Capital. Read More
At One Ventures and Builders Leads USD3.7m Seed Round for Argentina’s Puna Bio
At One Ventures and Builders VC led a USD3.7m seed round for Puna Bio, an Argentina-based agricultural biotech, with participation from SP Ventures and Air Capital, and follow-on from IndieBio, GLOCAL and Grid Exponential. Read More