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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
Keppel To Acquire 80% Stake in Singapore’s 800 Super for ~USD218m
Keppel Asia Infrastructure Fund and Keppel Infrastructure Holdings agreed to acquire a combined 80% stake in KKR-backed 800 Super, a Singapore-based waste disposal and recycling service, for SGD304m (~USD218m). Read More
Fundamentum Partnership Reaches USD227m Final Close for Second VC Fund
India-based VC firm Fundamentum Partnership reached a USD227m final close for its second fund focused on Series B and C investments in India. Read More
Qiming Venture Partners Leads ~USD67m Series A for China’s DeepWay
Qiming Venture Partners led a CNY460m (~USD67m) Series A for DeepWay, a China-based maker of EV trucks, with participation from Lenovo Capital, VLight Capital, CCB Trust, EDU Capital, Empowtech Capital, BOCOM International and Huagai Capital. Read more here and h Read More
Andreesen Horowitz Leads USD56m Series B for Estonia’s Ready Player Me
Andreesen Horowitz led a USD56m Series B for Ready Player Me, an Estonia-based developer of cross-game avatars for the metaverse, with participation from Endeavor, Collab Currency, Konvoy Ventures, and founders from Roblox, Twitch, King Games, Fractal and others. Read More