Equinix agreed to acquire Nigeria-based data center MainOne in an all-cash deal for USD320m, facilitating an exit for Harith General Partners, Africa Finance Corporation, FBN Capital, Polaris and the African Development Bank. Read more… Read More
Insight Partners, Sequoia Capital India and Insignia Venture Partners led a USD48m Series B for Indonesia-based consumer payments platform Flip. Read more… Read More
LAUNCHub Ventures reached a EUR74m (~USD84m) final close for its second fund targeting seed-to-Series A investments in SaaS, fintech, proptech, big data, AI, marketplaces, digital health and blockchain startups from the southeast region of Europe. Read more… Read More
Baring Vostok invested USD13m in Mindbox, a Russia-based marketing automation platform. Read more… Read More
Tencent and Nielsen Ventures led a USD15m Series B for Nigeria-based edtech uLesson, with follow-on from Owl Ventures, TLcom Capital and Founder Collective. Read more… Read More
VentureSouq reached a USD50m final close for its MENA Fintech Fund I. The vehicle will invest in early-stage fintech and SaaS companies in the MENA region and Pakistan. Read more… Read More
XSML reached a USD81m 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… Read More
Grupa Pracuj, a Poland-based online recruitment company, listed on the Warsaw Stock Exchange at a EUR1.09b (~USD1.23b) valuation, facilitating a partial exit for TCV and other shareholders. Read more… Read More
Advent International and SoftBank led a USD60m Series B+ for Merama, a Mexico- and Brazil-based e-commerce brand aggregator, at a reported USD1.2b valuation. Read more… Read More
Brazil-based fintech Nubank raised USD2.6b in its IPO on the NYSE at a reported USD44b valuation. Nubank also listed on the B3 through Brazilian Depositary Receipts. Read more… Read More
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