Baillie Gifford led a USD100m Series D2 for Brazil-based proptech Loft, with participation from investors including Tarsadia, Flight Deck and the founders of Better, GoPuff, Instacart, Kavak and Sweetgreen. Loft raised a USD425m Series D in March 2021. Read more… Read More
GPS, a Brazil-based facilities company backed by Gavea Investimentos and Warburg Pincus, has raised at least BRL2.3b (~USD422m) in its IPO on the B3. Gavea and Warburg achieved a partial exit. Read more… Read More
Indonesia-based conglomerate Astra led a USD80m Series C for Indonesia-based healthtech Halodoc, with participation from Temasek, Novo Holdings and Bangkok Bank and follow-on from Openspace Ventures, UOB Venture Management, Singtel Innov8 and Allianz X. Read more… Read More
QED Investors and Partners for Growth led a combined USD34.3m debt and Series A round for Tribal Credit, a fintech providing payment products to startups and SMEs in emerging markets, with participation from Endeavor Catalyst and follow-on from BECO Capital, Global Ventures, OTG Ventures and Endure Capital. Read More
Inovo has reached a EUR54m (~USD65m) final close for Inovo II, a VC fund targeting early-stage investments in tech startups across Poland and the wider CEE region. Read more… Read More
Susa Ventures led a USD3.5m seed round for Nigeria-based fintech okra, with participation from Accenture Ventures and follow-on from TLcom Capital. Read more… Read More
Alibaba has invested an additional USD330m in Turkey-based e-commerce platform Trendyol at a reported ~USD11b valuation, bringing Alibaba’s stake to ~87%. Read more… Read More
Earlybird Venture Capital led a USD2m seed round for Anari AI, a Serbian cloud-based AI chip factory, with participation from Acequia Capital and Serbian Entrepreneurs. Read more… Read More
Yunfeng Capital led a USD600m Series C2 for Xingyun Group, a China-based digital supply chain provider for cross-border e-commerce, with participation from Crescent Point and Harvest Fund Management and follow-on from 5Y Capital, Taikang Insurance Group and Matrix Partners China. Read more… Read More
Sapphire Ventures and existing investors Tiger Global Management and Insight Venture Partners led a USD125m Series G for US- and India-based subscription billing and revenue management platform Chargebee, with follow-on from Steadview Capital, at a reported USD1.4b valuation. Read more… Read More
(default archive template)