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
Khwarizmi Ventures, Nuwa Capital and STV led a USD13.5m seed round for Bahrain-based foodtech Calo, with participation from 500 Global, Al Faisaliah Group, Vision Ventures, Savour Ventures, Nama Ventures and angel investors. Read more… Read More
Saudi Technology Ventures led a USD42m Series A comprising equity and venture debt for UAE-based e-commerce enabler Opontia, with participation from Upper 90 and VentureSouq and follow-on from Raed Ventures and Global Founders Capital. Partners for Growth provided venture debt. Read more… Read More
IPM Group led a USD21m Series B for Slovakia-based robotic vision and intelligence maker Photoneo, with participation from Venture to Future Fund, Earlybird, AI Capital and Credo Ventures. Read more… Read More
Steadview Capital led a USD30m round for MoEngage, a US- and India-based customer engagement platform, with follow-on from Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital and Matrix Partners. Read more… Read More
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