Abu Dhabi-listed Alpha Dhabi Holding committed USD2.5b to Alpha Wave Ventures II, a venture fund launched by Chimera Capital and Alpha Wave. The vehicle will invest in high growth, tech-enabled and tech-driven companies across AI, fintech, life sciences, consumer internet and B2B globally. Read more… Read More
500 Istanbul made an undisclosed investment in Freeflow, a Turkey-based company helping crypto projects connect with blockchain developers. Read more… Read More
Cherry Ventures and Shorooq Partners led a USD12m seed round for UAE-based fintech Pemo, with participation from FinTech Collective, Speedinvest, BY Venture Partners, Antler and angels. Read more… Read More
General Atlantic acquired a stake in Brazil-based web services hosting platform Locaweb via a block trade for an undisclosed amount. Read more… Read More
SPE Capital, through its SPE AIF I fund, agreed to acquire Outsourcia, a Morocco-based customer experience and business process outsourcing provider, for USD33m, facilitating an exit for AfricInvest. Read more… Read More
Mithril Capital and BlackRock invested USD110m in GreyOrange, an India-founded robotics company with headquarters in Singapore and the US. Read more… Read More
Lightrock reached a USD300m final close for its Latin America-focused growth equity fund. Read more… Read More
IDB Invest and Blue Like an Orange invested USD22m in Colombian grocery delivery platform Merqueo. Read more… Read More
Grupo Procaps agreed to acquire Mexico-based integrated pharma company Grupo Somar from Advent International for an undisclosed amount. Read more… Read More
Insight Partners led a USD46m Series B for Instabug, an Egypt-founded bug reporting platform for mobile developers, with participation from Forgepoint Capital and Endeavor, and follow-on from Accel. Read more… Read More
(default archive template)