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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
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