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
Zenvia, a Brazil-based CPaaS backed by Oria Capital, raised USD150m in its IPO on the Nasdaq. Read more… Read More
Tribe Capital, IFC Emerging Asia Fund and VEF led a USD67m Series E for India-based trucking platform Blackbuck, with follow-on from Wellington Management, Sands Capital and IFC, at a reported USD1.02b valuation. Read more… Read More
INCE Capital reached a USD450m first close for INCE Capital Fund II. The vehicle targets early-stage investments in Chinese consumer technology and internet companies. Read more… Read More
Convergence Partners reached a USD120m first close for its Convergence Partners Digital Infrastructure Fund. The vehicle has a target size of USD250m and will invest in the digital infrastructure ecosystem in Africa, specifically in fiber, wireless, data centers and towers, as well as 5G, cloud, IoT, AI, fintech and network… Read More
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