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Pavilion Capital, Korean Development Bank, Mirae Asset, Others Invest USD50m Series A for South Korea’s Rebellions
Rebellions, a South Korea-based developer of semiconductors for AI applications, raised a USD50m Series A from Pavilion Capital, Korean Development Bank, SV Investment, Mirae Asset Capital, Mirae Asset Ventures, IMM Investment, KB Investment, Kakao Ventures, GU Equity Partners and KT Investment. Read More
Aqua Capital Acquires 100% of Colombia’s Ascender From Valorar Futuro
Aqua Capital acquired 100% of Colombia-based food manufacturing company Ascender from Fondo de Capital Privado Valorar Futuro and other minority shareholders for an undisclosed amount. Read More
Creador and InvAscent Invest USD68m in India’s Accumax
Creador and InvAscent invested USD68m in India-based healthcare equipment maker Accumax. Read More
Abdul Latif Jameel To Invest Up to USD220m in India’s Greaves Electric Mobility
Saudi Arabia’s Abdul Latif Jameel agreed to invest up to USD220m in India-based mobility company Greaves Electric Mobility. Read More
NEA Leads USD70m Series C for Indonesia’s Super
NEA led a USD70m Series C for Indonesia-based social commerce platform Super, with participation from Insignia Ventures Partners, SoftBank Ventures Asia, DST Global Partners, Amasia, B Capital, TNB Aura, Stephen Pagliuca (Bain Capital), Goldhouse and Moses Lo (Xendit). Read More
Bertelsmann India and General Catalyst Lead USD25m Series B for India’s Orange Health
Bertelsmann India and General Catalyst led a USD25m Series B for Orange Health, an India-based diagnostics lab services platform, with follow-on from Accel, YC, Good Capital and Uncorrelated Capital. Read More
GII Acquires UAE’s Anglo-Gulf Trade Bank From Mubadala
Gulf Islamic Investments acquired 100% of UAE-based digital bank Anglo-Gulf Trade Bank from Mubadala Investment Company for an undisclosed amount. Read More
Tiger Global Leads USD50m Series C for India’s Slice
Tiger Global led a USD50m Series C tranche for India-based digital credit card provider Slice, with participation from GMO Venture Partners and follow-on from Insight Partners and Moore Strategic Ventures. Read More
Alpha Wave Leads USD57m Round for India’s Cuemath
Alpha Wave led a USD57m round for India-based online math tutoring platform Cuemath at a reported USD407m valuation, with follow-on from Lightrock India, Sequoia Capital India, CapitalG, Manta Ray and Unitus. Read More
Goldman Sachs Asset Management and B Capital Lead USD77m Series E for India’s MoEngage
Goldman Sachs Asset Management and B Capital led a USD77m Series E for MoEngage, a US- and India-based customer engagement platform, with follow-on from Steadview Capital, Multiples Alternate Asset Management, Eight Roads Ventures and Matrix Partners India. Read More
UAE’s Aramex To Acquire MyUS for USD265m
Dubai-headquartered logistics company Aramex agreed to acquire MyUS, a cross-border e-commerce platform based in the US, for USD265m. Read More
Softbank Vision Fund 2 and Goldman Sachs Lead ~USD536m Series D for Croatia’s Rimac
Softbank Vision Fund 2 and Goldman Sachs led a EUR500m (~USD536m) Series D for Rimac, a Croatia-based hypercar maker and EV components supplier, at a reported EUR2b valuation, with participation from Porsche. Read More