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Uncorrelated Ventures, Abstract Ventures and Fasanara Capital Lead USD70m Series C for Singapore’s Stashfin
Stashfin, a Singapore-based neobank serving customers in India, raised a USD70m Series C with an additional USD200m in debt financing. Uncorrelated Ventures, Abstract Ventures and Fasanara Capital led, with follow-on from Tencent, Altara Ventures, Kravis Investment Partners and Snow Leopard. Read More
WestBridge Capital Leads USD153m Series C for India’s LeadSquared
WestBridge Capital led a USD153m Series C for LeadSquared, an India-based SaaS CRM platform, with follow-on from Gaja Capital and other investors, at a reported USD1b valuation. Read more here and h Read More
Accel Reaches USD4b Final Close for Late-stage Global Fund
Accel reached a USD4b final close for its latest global late-stage VC fund. This will provide expansion capital to promising companies within their own portfolio worldwide, as well as to aspiring companies that are new to the Accel family. Read More
Harith To Launch USD300m Pan-African Renewable Energy Fund
Harith General Partners announced the launch of a USD300m Pan-African Renewable Energy Fund to invest in renewable energy projects throughout Africa. Energy provider Anergi Group will partner to provide project development expertise and resources. Read More
ARCH EM, Bank of America and Microsoft Climate Innovation Fund Commit USD25m To Africa’s CrossBoundary Energy Access
ARCH Emerging Markets Partners, Bank of America and Microsoft Climate Innovation Fund committed USD25m to CrossBoundary Energy Access (CBEA), an Africa-based solar powered mini-grid project financing facility. CBEA also received an additional USD25m debt commitment. Read More
Sofina Leads ~USD230.4m Series D for Czech Republic’s Rohlik
Sofina led a ~USD230.4m (EUR220m) Series D for Czech Republic-based e-grocer Rohlik, with follow-on from Index Ventures and Tomáš Čupr (Rohlik founder). Read More
Agency for Innovation and Digital Development and Pasha Holding Commit ~USD2.9m To Launch ~USD6.6m Azerbaijan VC Fund
Agency for Innovation and Digital Development and Pasha Holding committed~USD2.9m (AZN5m) to launch a ~USD6.6m (AZN11.3m) Azerbaijan-focused venture capital fund. Individual investors also contributed ~USD764k (AZN1.3m). Read More
Tiger Global Leads USD6m Seed Round for Colombia’s Mono
Tiger Global led a USD6m seed round for Mono, a Colombia-based digital debit card issuer, with participation from Soma Capital and YC. Read More
LGT Capital Partners Reaches USD550m Final Close for Debut Impact-focused PE Fund
LGT Capital Partners reached a USD550m final close for Crown Impact, its debut impact-focused private equity fund. The fund will focus on co-investments, as well as primary and secondary fund commitments, across three impact themes: climate, inclusive growth and healthcare. Read More
Alpha Wave Global Leads USD40m Series B for India’s FanClash
Alpha Wave Global led a USD40m Series B for India-based e-sports platform FanClash, with participation from Sequoia Capital India, Info Edge and Polygon. Read More
EBRD, CEECAT Capital, Alpha Associates and Revo Capital Invest in a ~USD200m First Round for Turkey’s Param
EBRD, CEECAT Capital, Alpha Associates and Revo Capital invested in a ~USD200m first round for Turkey-based fintech startup Param. Read more here and h Read More
Patria Acquires Brazil’s Avenida for ~USD59.3m
Patria acquired Brazil-based supermarket retailer Avenida for ~USD59.5m (BRL300m). Read More