CMG-SDIC Capital Management and Hong Kong-based contract research organization Tigermed led a USD100m Series D for China-based drug developer Adlai Nortye, with participation from Legend Star, Guolian Fund, Triwise Capital, ATCG and Chinese social video platform Tian Ge Interactive Holdings. Read more… Read More
Hong Kong-based last mile logistics platform Gogox (formerly GoGoVan) raised USD100m led by BOCOM, the international arm of China Bank of Communications, and Cyberport Macro Fund. Read more… Read More
SoftBank Vision Fund 2 invested USD1.7b in Yanolja, a South Korea-based travel and leisure platform. Read more… Read More
BestDoctor, a Russian medical health insurance and medical consultation provider, raised a USD26m Series B from Winter Capital Partners, VNV Global and UNIQA Ventures. Read more… Read More
US-based enterprise event platform Bevy acquired Egypt-based event management software startup Eventtus for an undisclosed amount, facilitating an exit for Algebra Ventures, Middle East Venture Partners (MEVP), Raed Ventures, 500 Startups, Cairo Angels, Daal VC and Hala Ventures. Read more… Read More
Singapore-based producer of plant-based protein Next Gen Foods raised a USD20m seed round extension from existing investors Temasek and K3 Ventures as well as new investors GGV Capital, Chinese agriculture and foodtech venture fund Bits x Bites, food and beverage company Yeo Hiap Seng and angel investors. Read more… Read More
KAMCO Invest sold its 60% stake in UAE-based pharmaceutical distributor Planet Pharmacies to Gulf Pharmaceuticals Industry for an undisclosed amount. Read more… Read More
OTB Ventures reached a USD60m final close for OTB Growth Fund I. The vehicle will make follow-on investments to scale up portfolio companies and will continue to back technology businesses in the CEE region. Read more… Read More
GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart led a USD3.6b round for India-based e-commerce company Flipkart, with participation from DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global Management, at a reported USD37.6b valuation. Read more… Read More
Costanoa Ventures and CRE Ventures led a USD7m Series A for Smile Identity, an Africa-focused identity verification startup, with participation from LocalGlobe, Intercept Ventures, Future Africa and angel investors, and follow-on from Khosla Impact, ValueStream Ventures, Beta Ventures, 500 Startups and Story Ventures. Read more… Read More
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