Sequoia Capital China led a USD150m Series E for China-based artificial intelligence operations (AIOps) provider CloudWise, with participation from FutureX Capital, SIG China, CPE, ASG and CRC Capital. Read more… Read More
Gávea Investimentos’ Speed fund partially exited Armac, a Brazilian equipment rental company for agribusiness, mining and infrastructure, via the company’s BRL1.5b (~USD288m) IPO on the B3. The secondary offering raised BRL532m (~USD102m). Read more… Read More
Actis agreed to acquire the East African operations of City Lodge Hotel Group for ZAR142m (~USD9.5m) in an all-cash deal. Read more… Read More
BTOV and Rocket Internet led a USD65m Series A for Turkey-based proptech Tiko, with participation from Class 5 Ventures and angel investors. Read more… Read More
Alloy Merchant Finance agreed to invest up to MXN200m (~USD9.9m) in Podemos Progresar, a Mexico-based microfinance company, through a structured loan. Read more… Read More
PropertyGuru, a Singapore-based proptech backed by TPG Capital and KKR, agreed to go public via a merger with SPAC Bridgetown 2 Holdings. The deal will include a USD100m PIPE from investors including Baillie Gifford, Naya, REA Group, Akaris Global Partners and a Malaysian asset manager. Read more… Read More
I Squared Capital acquired a ~78% stake in Colombia-based port operator Sociedad Portuaria Regional de Barranquilla for a reported USD220m, facilitating an exit for Chile-based Southern Cross Group. Read more… Read More
Hong Kong-based cryptocurrency exchange FTX raised a USD900m Series B at a reported USD18b valuation from a large group of investors including Thoma Bravo, Bond, Altimeter, Paradigm, Sequoia Capital, Ribbit Capital, Insight Partners, Lightspeed Venture Partners, NEA, Coinbase Ventures, Sino Global Capital, Multicoin and SoftBank. Read more… Read More
Investisseurs & Partenaires (I&P), through its I&P Afrique Entrepreneurs 2, invested in Pigier Cameroun, a Cameroon-based private business school offering training in human sciences and management at graduate and postgraduate levels. Read more… Read More
CrossBoundary Energy Access, Oikocredit, Triodos Investment Management and EDFI ElectriFI provided project financing to PowerGen, a developer of on-grid and off-grid distributed energy in Africa, to support the construction of mini-grids in rural Nigeria. Read more… Read More
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