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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
East Ventures Reaches USD550m Final Close Across Two Funds
East Ventures reached a combined USD550m final close across two funds, raising USD400m for its second growth vehicle and USD150m for its ninth early-stage fund. Read More
BPEA Invests USD10m Series A for Hong Kong’s CBX Software
Baring Private Equity Asia invested a USD10m Series A for CBX Software, a Hong Kong-based extended product life cycle management platform provider. Read More
Coinbase Ventures, Alameda, Others Invest USD23m in Kenya’s MARA
MARA, a Kenya-based crypto exchange, raised USD23m in equity and token sales from Coinbase Ventures, Alameda Research, Distributed Global, TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures and Infinite Capital and DAO Jones. Read More
Macquarie Invests USD610m in Southeast Asia’s Bersama Digital Infrastructure
A consortium led by Macquarie Asset Management, via Macquarie Asia-Pacific Infrastructure Fund 3, acquired a significant minority stake in Bersama Digital Infrastructure, a Southeast Asian regional digital infrastructure platform controlled by Provident Capital and PT Saratoga Investama Sedaya, for ~USD610m. Read More