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Sequoia Capital China Leads ~USD43.5m Series A for China’s BoomRay Pharmaceuticals
Sequoia Capital China led a CNY300m (~USD43.5m) Series A for BoomRay Pharmaceuticals, a China-based radioactive molecular imaging and nuclear drug transformation platform, with participation from River Head Capital, Tianfu Sanjiang Asset Management, Puhua Capital, CTS Capital, Shengmingyuan Venture Capital and Shenzhen Jincheng. Read more here and h Read More
Motilal Oswal Invests USD66m in India’s Simpolo Group
Motilal Oswal’s funds India Business Excellence Fund – IV, India SME Investments – Fund I and Motilal Oswal Finvest invested USD66m in India-based ceramics manufacturer Simpolo Group. Read More
China International Capital Corp. (CICC) Leads ~USD362m Series B for China’s Gokin Solar
China International Capital Corp (CICC) led a CNY2.5b (~USD362m) Series B for Gokin Solar, a China-based manufacturer of photovoltaic silicon wafers for solar energy, with participation from Walden International, Guangdong Technology Financial Group, Goldstone Investment, Haitong Kaiyuan Investment and Huamin Ruishi Private Equity Fund. Read more here and h Read More
SP Ventures Leads Round for Brazil’s Agroadvance
SP Ventures led an undisclosed round for Agroadvance, a Brazil-based, agriculture-focused education platform, with participation from Baraúna Investments and Fernando Reis (Gânica). Read More
Genesis Capital and Integral Venture Partners Acquire Czech Republic’s BORCAD
Genesis Capital, through Genesis Private Equity Fund IV, and Integral Venture Partners, through its Evolving Europe Principal Investments I fund, have acquired 100% of BORCAD, a Czech Republic-based producer of interior equipment for passenger trains, for an undisclosed amount. Read More
Nigeria’s Duplo Raises USD4.3m Seed Round from Liquid2 Ventures, Soma Capital, Tribe Capital, Commerce Ventures, Basecamp Fund and Y Combinator
Duplo, a Nigeria-based B2B payments platform, raised a USD4.3m seed round from Liquid2 Ventures, Soma Capital, Tribe Capital, Commerce Ventures, Basecamp Fund and Y Combinator with follow-on from Oui Capital. Read More
K1 Investments Leads USD25m Series B for Brazil’s Caju Beneficios
K1 Investments led a USD25m Series B for Caju Beneficios, a Brazil-based flexible benefits management platform, with follow-on from Valor Capital Group, Caravela Capital, Clocktower Ventures and FJ Labs. Read More
China’s EagleChip Raises ~USD41m in Angel Round From Matrix Partners, Redpoint China Ventures, Sequoia Capital, Others
EagleChip, a China-based designer of domestic high-end FPGA chips, raised CNY286m (~USD41m) in an angel round from Matrix Partners, Redpoint China Ventures, Sequoia Capital, CTC Capital and VLight Capital. Read more here and h Read More
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