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GIP To Acquire Actis-backed Atlas Renewable Energy
Global Infrastructure Partners agreed to acquire Atlas Renewable Energy, a clean energy platform focused on developing, building and operating solar and wind projects in Latin America, from Actis in a deal reportedly valued at USD2b. Read More
PeakSpan Capital Leads USD25m Series B for Poland’s Tidio
PeakSpan Capital led a USD25m Series B for Tidio, a Poland-based live chat and customer solutions platform for MSMEs, with participation from Rafał Brzoska (InPost) and follow-on from Inovo Venture Partners. Read More
UAE’s Kitopi Raises USD300m Series C+
UAE-based cloud kitchen startup Kitopi raised a USD300m Series C extension, bringing total capital raised in the round to USD715m. SoftBank Vision Fund 2 led the company’s USD415m Series C in July 2021, with participation from Chimera, DisruptAD, B Riley, Dogus Group, Next Play Capital and Nordstar. Read More
NIIF and Hero MotoCorp Invest USD128m Series E for India’s Aether Energy
National Investment and Infrastructure Fund, through its Strategic Opportunities Fund, and Hero MotoCorp invested a USD128m Series E in India-based electric scooter manufacturer Aether Energy. Read More
Lightrock and Silver Lake Waterman Lead USD110m Round for Brazil’s Dock
Lightrock and Silver Lake Waterman led a USD110m round for Brazil-based payments platform Dock at a reported USD1.5b+ valuation, with follow-on from Riverwood Capital, Viking Global Investors and Sunley House Capital. Read More
Canary, MatterScale, Latitud, Others Invest USD30m Seed Round for Argentina’s Elevva
Elevva, an Argentina-based e-commerce brand developer and aggregator, raised a USD30m seed round from Canary, MatterScale Ventures, Latitud, Asymmetric Capital, Redwood Ventures, Primo Ventures, Norte Ventures and Bolt Ventures. Read More
Ventures Platform and JAM Fund Lead USD1.7m Seed Round for Kenya’s TopUp Mama
Ventures Platform and JAM Fund led a USD1.7m seed round for TopUp Mama, a Kenya-based provider of supplies, financial services and business management tools for restaurants, with participation from Next Billion Ventures, Future Africa, Jedar Capital, HoaQ Fund, First Check Africa and DFS Lab. Read More
Climate Fund Managers To Invest USD3.9m in Waste Transformers Project in Sierra Leone
Climate Fund Managers signed an agreement with Freetown Waste Transformers and The Waste Transformers. As part of the agreement, Climate Fund Managers agreed to invest USD3.9m through its Climate Investor Two fund to finance project development activities as well as the purchase and operation of five Waste Transformer units, which produce biogas from food waste, in Sierra Leone. Read More
BLinc Reaches ~USD13m Final Close for Fund II
BLinC Invest reached a INR1b (~USD13m) final close for its second fund targeting investments in edtech and fintech startups in India. Read More
Carpathian Partners Leads USD23m Series B for Poland’s Synerise
Carpathian Partners led a USD23m Series B for Synerise, an AI-first behavioral data platform headquartered in Poland, with participation from angels. Read More
Homebrew and SoftBank Lead USD200m Series C for Colombia’s Habi
Homebrew and SoftBank Latin America led a USD200m Series C for Colombia-based proptech Habi at a reported USD1b+ valuation, with participation from Endeavor Catalyst, Tiger Global, Inspired Capital, Clocktower Ventures and Henry Kravis. Read More
PAG-led Consortium Acquires 74% of India’s Optimus Group for USD259m
A consortium of investors led by PAG and including CX Partners and Samara Capital acquired a 74% stake in three units of India-based drugmaker Optimus Group for USD259m. Read More