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Lanx Capital, Gávea Investimentos, Dynamo and the Moreira Salles FO Invest ~USD83m in Brazil’s re.green
The family office of the Moreira Salles family, Lanx Capital, Gávea Investimentos and Dynamo invested BRL389m (~USD83m) in re.green, a company that aims to restore 1 million hectares of Atlantic Forest and Amazon rainforest in Brazil. Read More
Swiggy Leads USD180m Series D for India’s Rapido
India-based food delivery platform Swiggy led a USD180m Series D for India-based bike taxi startup Rapido at a reported USD800m valuation, with participation from VS Motor Company and follow-on from Westbridge, Shell Ventures and Nexus Ventures. Read More
Tiger Global and Zayn Capital Lead USD2.1m Investment in Pakistan’s Zaraye
Tiger Global and Zayn Capital led a USD2.1m investment in Pakistan-based B2B supplies platform Zaraye, with participation from +92 Ventures. Read More
GIC, Insight Partners and Smash Capital Invest USD690m Secondary Round for Singapore’s Coda Payments
Coda Payments, a Singapore-based cross-border app for digital products and games, raised a USD690m secondary round from GIC, Insight Partners and Smash Capital at a USD2.5b reported valuation. Read More
XMLS Reaches USD85m Final Close for African Rivers Fund III
XSML reached a USD85m final close for African Rivers Fund III, exceeding its initial target of USD75m. The fund will provide debt, equity and mezzanine financing to fast-growing SMEs in Central Africa. Read More
Arkam Ventures Reaches USD106m Final Close for Early-Stage VC Fund
Arkam Ventures reached a USD106m final close for its early-stage VC fund targeting investments in financial services, healthcare, food and agriculture, education and logistics and horizontal digital infrastructure in India. Read More
BlackRock and Mubadala To Invest ~USD526m in India’s Tata Power Renewables
BlackRock and Mubadala agreed to invest ~USD526m in Tata Power Renewables, the renewable energy unit of India-based Tata Power Company, for a 10.53% stake. Read More
Costanoa Ventures Leads USD15m Series A for Nigeria’s Umba
Costanoa Ventures led a USD15m Series A for Umba, a US- and Nigeria-based digital bank focused on Africa, with participation from Lux Capital, Palm Drive Capital, Banana Capital,Streamlined Ventures, Lachy Groom and ACT Ventures. Read More
Almaz Capital Leads USD8m Series A for Poland’s Neptune.ai
Almaz Capital led a USD8m Series A for Neptune.ai, a Poland-based startup that helps companies manage model metadata, with follow-on from btov Partners, Rheingau Founders and TDJ Pitango. Read More
IDG Capital, Huafa Group, Others Invest ~USD251m Series A for China’s Guangdong Gaojing Solar Energy Technology
China-based solar energy technology company Guangdong Gaojing Solar Energy Technology raised a CNY1.6b (~USD251m) Series A from existing investors IDG Capital and Huafa Group, and new investors Guangdong Finance Fund Management, Shenzhen Investment Holdings and China Life Investment Management. Read More
Goldman Sachs Leads USD100m Series D for Brazil’s unico
Goldman Sachs Asset Management led a USD100m Series D for unico, a Brazil-based digital identity protection platform, at a reported ~USD2.6b valuation. Read More
Goldman Sachs Leads USD100m Series D for Brazilian Digital Identity Platform unico
Goldman SacGoldman Sachs Asset Management led a USD100m Series D for unico, a Brazil-based digital identity protection platform, at a reported ~USD2.6b valuation.. Read More