XP invested BRL48m (~USD9m) in the form of convertible debentures in Brazil-based corporate supply company BR Supply. XP previously invested BRL92m (~USD17m) in convertible debentures, bringing its total commitment to BRL140m (~USD26m). Read more… Read More
IFC and Endure Capital led a USD25m Series A for Egypt-based social commerce platform Brimore, with participation from Fawry, Flourish Ventures and Endeavor Catalyst Fund, and follow-on from Algebra Ventures, Disruptech, Khawarizmi Ventures and Vision Ventures. Read more… Read More
Riverwood Capital and SoftBank led a ~USD93m round for Gupy, a Brazil-based, AI-powered recruiting platform, with follow-on from Oria Capital, Endeavor Catalyst and MAYA Capital. Read more… Read More
Lightrock India led a USD55m Series B for India-based upskilling platform Scaler at a USD710m reported valuation, with follow-on from Sequoia India and Tiger Global. Read more… Read More
Kleoss Capital reached a ZAR600m (~USD38m) first close for its Kleoss Fund II targeting investments in mid-market companies in South Africa. The fund has a ZAR1b (~USD64m) target. Read more… Read More
The Norrsken Foundation reached a USD110m first close for its Norrsken22 African Tech Growth Fund targeting investments in growth-stage startups hailing from Africa. The fund has a target of USD200m. Read more… Read More
Blackstone reached a USD11b final close for its second Asia-focused private equity fund. The firm raised USD6.4b and received an additional USD4.6b from Blackstone global funds. Read more… Read More
Tiger Global and Alpha Wave Global led a USD165m Series E for India-based social commerce startup DealShare, with participation from Dragoneer Investments Group, Kora Capital and Unilever Ventures, at a reported USD1.6b valuation. Read more… Read More
BlackRock Real Assets, through its Global Renewable Energy Fund III, agreed to invest up to USD200m in a 435 MW portfolio of solar projects in Chile. Read more… Read More
DX Ventures, the CVC arm of Brazilian wood panel manufacturer Duratex, invested ~USD14.8m in Brasil ao Cubo, a Brazil-based modular construction startup. Read more… Read More
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