General Atlantic and Multiples Alternate Asset Management led a USD255m round for India-based insurtech Acko at a USD1.1b reported valuation, with participation from CPP Investments and Lightspeed Growth, and follow-on from Intact Ventures and Munich Re Ventures. Read more… Read More
TI Platform led a USD40m Series C for Drip Capital, a US- and India-based cross-border trade finance platform for SMEs, with participation from Accel, Sequoia, Wing VC, Irongrey and GC1 Holdings. The company also received USD135m in debt from Barclays Investment Bank and East West Bank. Read more… Read More
EMX 2021, a secondary fund recently created by EMX Capital, acquired the entire portfolio of companies from EMX Capital’s current funds. Read more… Read More
SoftBank Vision Fund 2 led a USD312m Series D for China-based e-commerce SaaS provider Huice, with participation from CPE and follow-on from GL Ventures, GIC and Legend Capital. Read more… Read More
Actis exited Echoenergia, a Brazil-based developer of electricity generation projects from renewable energy sources, via a BRL6.65b (~USD1.2b) sale to Equatorial Energia. Read more… Read More
Rubio Impact Ventures led a EUR5.1m (~USD5.9m) for Estonia-based edtech Lingvist, with participation from Rockaway Capital and Metaplanet Holdings. Read more… Read More
IMM Investment led a USD64.5m investment in UAE-based agtech Pure Harvest Smart Farms alongside existing investors. Pure Harvest also entered a joint venture with South Korea’s PlanTFarm, a vertical farming solutions provider and a portfolio of IMM Investment. Read more… Read More
India-based auto component maker Sansera Engineering listed on the BSE and the NSE, facilitating an exit for existing shareholders who sold ~INR12.8b (~USD173m) worth of shares. The Rohatyn Group sold ~47.5% of their shareholding in the IPO. Read more… Read More
TLCom Capital and 4DX Ventures led a USD13m seed round for Autochek, a Nigeria-based auto financing and services marketplace, with participation from ASK Capital, Mobility 54 and CFAO Group, and follow-on from Golden Palm Investments, Enza Capital and Lateral Capital. Read more… Read More
EXEO Capital, through its new food sector investment vehicle Nature Foods, made an undisclosed investment in South Africa-based cheese company The Fairview Cheese Company. Read more… Read More
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