Galgo Capital, through its SPV Ancon SpA, acquired 40% of Peru-based financial services company Crece Capital via a secondary transaction for an undisclosed amount. Galgo is now the largest shareholder in the company. Read more… Read More
BIO’s SDG Frontier Fund reached a EUR36m (~USD38m) final close to support sustainable economic growth in African and Asian frontier markets. Read more… Read More
Amansa Capital, Jungle Ventures and Nexus Venture Partners led a USD120m Series E for India-based insurtech Turtlemint, with participation from Vitruvian Partners and Marshall Wace, among others. Read more… Read More
Actis agreed to sell India-based renewable energy company Sprng Energy to Shell for USD1.55b. Read more… Read More
Fubon Life Insurance, the insurance unit of Taiwan-based financial conglomerate Fubon Financial Holdings and Taiwan Life, committed USD45m to three PE funds: USD15m to Warburg Pincus Global Growth 14, USD10m to L Catterton X Offshore and USD20m to Taiwania Capital Buffalo Fund VI. Read more… Read More
Singapore-headquartered AAIC Investment reached an undisclosed first close for Africa Innovation & Healthcare Fund. The vehicle has a USD150m target and primarily invests in startups in healthcare and fintech across Africa. Read more… Read More
CDPQ agreed to acquire a portfolio of power transmission assets in Brazil, Peru and Uruguay from Terna Group for EUR265m (~USD279m). Read more… Read More
Maverick Capital led a USD70m Series B for Coherent, a no-code SaaS firm founded in Hong Kong, with participation from GreatPoint Ventures and Owl Rock, and follow-on from Cathay Innovation and Franklin Templeton. Read more… Read More
VentureFriends led a EUR100m (~USD107m) equity and debt round for Spotawheel, a Greece-based used car marketplace with operations in CEE, with participation from Adevinta Ventures, UNIQA Ventures, Rockaway Ventures, Velocity Partners, FJ Labs, Collective Spark, Endeavour Catalyst and others. The debt was provided by an unnamed UK-based credit fund alongside… Read More
Greylock led a USD55m Series B for Inventa, a Brazil-based marketplace connecting regional wholesalers with local retailers, with participation from monashees, NXTP, ONEVC, MAYA Capital, Andreessen Horowitz, Founders Fund, Tiger Global, Pear VC, Avenir Growth and A* Capital. Read more… Read More
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