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Target Global Leads USD3m Seed Round for Nigeria’s Indicina
Target Global led a USD3m seed round for Indicina, a Nigeria-based credit infrastructure platform, with participation from Greycroft and RV Ventures. Read More
Warburg, B Capital, Qiming, Others Invest USD60m Series D for Hong Kong’s Insilico
Insilico, a Hong Kong-based drug discovery company, raised a USD60m Series D from Warburg Pincus, B Capital Group, Qiming Venture Partners, Bold Capital Partners and Pavilion Capital. Read More
Intudo Ventures, Lightspeed, Northstar Group and Pantera Capital Invest USD113m Series B for Indonesia’s Pintu
Indonesia-based crypto trading app Pintu raised a USD113m Series B from Northstar Group and existing investors Intudo Ventures, Lightspeed and Pantera Capital. Read More
Genesis Capital Reaches ~USD161m Final Close for GPEF IV
Genesis Capital reached a EUR150m (~USD161m) final close for its Genesis Private Equity Fund IV, meeting its hard cap after a EUR15m (~USD16m) investment from EBRD. The fund will invest in SMEs and mid-cap companies across diverse sectors in Central Europe. Read More
Temasek Commits ~USD3.6b To Launch GenZero
Temasek committed SGD5b (~USD3.6b) to establish GenZero, an investment platform that aims to accelerate decarbonization. The platform will invest globally across technology-based solutions, nature-based solutions and carbon ecosystem enablers. Read More
Inside Capital Partially Exits Mauritius’ WeCycle
Inside Capital partially exited Mauritius-based waste collection and recycling company WeCycle via a trade sale for an undisclosed amount. Read More
PIF Acquires 23.97% Stake in Jordan’s Capital Bank Group for USD185m
PIF acquired a 23.97% stake in Jordan-based banking group Capital Bank Group for USD185m. Read More
Bain Capital Reaches USD2b Final Close for Second Special Situations Asia Fund II
Bain Capital reached a USD2b final close for Bain Capital Special Situations Asia Fund II, its second Asia Pacific-focused fund. The vehicle will primarily invest in real estate opportunities. Read More
INVL Baltic Sea Growth Fund To Acquire Lithuania’s Nemunas and Eglės Sanatorija
INVL Baltic Sea Growth Fund agreed to acquire Lithuania-based Nemunas and Eglės Sanatorija, both medical treatment centers, for an undisclosed amount. Read More
H.I.G. Capital Acquires Majority Stake in Chile’s Virutex Ilko
H.I.G. Capital invested an undisclosed amount for a majority stake in Colombia-headquartered cleaning products and kitchenware company Virutex Ilko. Read More
Mubadala Capital Acquires Majority Stake in Brazil’s Medicina UniFTC Salvador and Unesulbahia
Mubadala Capital acquired majority stakes in Brazil-based medical universities Medicina UniFTC Salvador and Unesulbahia to form a new educational group. Read More
AIIM IDEAS Managed Fund Acquires Three Solar Power Plants in South Africa
African Infrastructure Investment Managers, through its IDEAS Managed Fund, acquired majority stakes in three new solar power plants in South Africa for an undisclosed amount. Read More