Kleiner Perkins and Paradigm led a USD110m Series B for Bahrain-based crypto exchange Rain Financial at a reported USD500m valuation, with participation from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCO and CMT Digital. Read more… Read More
Index Ventures led a USD255m Series C for Turkey-based game studio Dream Games, with participation from Black Rock, Makers Fund, IVP, Kora and Balderton Capital. Read more… Read More
Liberty City Ventures led a USD358.8m round for Hong Kong-based metaverse gaming company Animoca Brands at a reported USD5b premoney valuation, with participation from 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident and… Read More
EverSource Capital reached a USD741m final close for Green Growth Equity Fund, a climate impact vehicle focused on climate change, mitigation and adaptation in India. Read more… Read More
Africa50 led a USD28m Series C for Kenya-based ISP Poa Internet, with follow-on from Novastar Ventures. Read more… Read More
Lightrock India, Quona Capital and Asia Impact led a USD46m Series C for India-based agtech Arya. DFC and others provided an additional USD14m as debt. Read more… Read More
Jungle Ventures led a USD8m Series A for Vietnam-based social commerce startup Mio, with participation from Patamar Capital and Oliver Jung (LAO Holdings), and follow-on from GGV Capital, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram (DoorDash). Read more… Read More
ILX Management reached a USD750m first close for ILX Fund I, its emerging markets SDG-focused private credit fund. Dutch pension provider APG committed the capital. Read more… Read More
Phatisa, through its Phatisa Food Fund 2, acquired 100% of South Africa-based biotech Deltamune, together with the company’s management, from HL Hall & Sons Investments for an undisclosed amount. Read more… Read More
Verdant Capital reached a USD36m first close for its Verdant Capital Hybrid Fund. The vehicle, which has an initial target size of USD100m, will invest hybrid capital and subordinated debt instruments into inclusive financial institutions across Africa. Read more… Read More
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