Old Mutual Alternative Investments, Sanlam Private Equity, Brait and Sphere agreed to exit South Africa-based glass packaging manufacturer Consol Holdings via a ZAR10.1b (~USD635m) sale to Ardagh Group. Read more here and here… Read More
STIC Investments led a KRW1t (~USD840m) investment in Iljin Materials, a South Korea-based producer of electric foils used in lithium batteries and consumer electronics. The transaction includes KRW500b in acquisition financing provided by Korea Development Bank, KB Kookmin Bank and Shinhan Bank. Read more… Read More
Huada Semiconductor led a CNY8b (~USD1.2b) round for China-based chip manufacturer GTA Semiconductor, with participation from CII Fund, Shang QI Capital, Skyworth investment, Xiaomi Changjiang fund, CITIC Industrial Fund, CICC, China Capital Management and Guotai Junan Securities. Read more… Read More
AC Ventures reached a USD205m+ final close for its third fund targeting early-stage technology startups based in Indonesia. Read more… Read More
10t and Tribe Capital led a USD50m Series B+ for Brazilian crypto exchange Mercado Bitcoin. Read more… Read More
SoftBank invested USD150m in Zepeto, a South Korean fashion metaverse platform, at a reported USD1b+ valuation. Read more… Read More
DNA Capital acquired a 25% stake in Inspirali, the medical education arm of Brazilian education conglomerate Anima Educacao, for ~USD200m. Read more… Read More
Prosus Ventures and EDBI led a ~USD26m round for Endowus, a Singapore-based wealth management app, with participation from Z Holdings and follow-on from UBS, Singtel Innov8 and Lightspeed Venture Partners. Read more… Read More
Algeria-based logistics and last-mile delivery startup Yassir raised a USD30m Series A led by WndrCo, DN Capital, Kismet Capital, Spike Ventures and Quiet Capital, with participation from Endeavor Catalyst, FJ Labs, VentureSouq, Nellore Capital, Moving Capital and angel investors. Read more… Read More
Tiger Global and Insight Partners led a USD220m Series B for Slice, an India-based credit card issuer, with participation from Advent International, Blume Ventures and others at a reported USD1b+ valuation. Read more… Read More
(default archive template)