Metier has sold its 12% stake in Bokpoort Concentrated Solar Power, a 50MW thermal energy power plant in South Africa, to Revego Africa Energy for ZAR204m (~USD14.2m). Read more… Read More
Adenia Partners has sold its 100% stake in Côte d’Ivoire-based power security solutions provider Ademat to SPE Capital for an undisclosed amount. Adenia originally acquired Ademat in 2016. Read more… Read More
Launchpad Capital has reached a USD35m final close for its maiden VC fund targeting early-stage investments in startups in fintech, insurance and real estate in the Baltics. Read more… Read More
Existing investors Avataar Ventures and Prosus Ventures led a USD75m Series D for ElasticRun, an India-based startup connecting e-commerce companies to MSMEs in rural areas, with follow-on from Kalaari Ventures. Read more… Read More
Valor Capital Group, monashees and Balderton Capital led a USD160m round for Mexico- and Brazil-based e-commerce platform Merama, with participation from TriplePoint Capital and the CEOs of Uala, Loggi, Rappi and MadeiraMadeira. The round comprises USD60m in seed and Series A funding and USD100m in debt. Read… Read More
IMM Private Equity, through IMM Credit Solution, has agreed to acquire a 40% stake in South Korea-based oil and lubricant manufacturer SK Lubricants from South Korean refinery-to-battery maker SK Innovation for KRW1.1t (~USD987m). Read more… Read More
SoftBank Ventures Asia led a USD28m Series B for Indonesia-based hyperlocal social commerce startup Super, with participation from DST Global and TNB Aura and follow-on from Amasia, Insignia Ventures Partners, Y Combinator Continuity Fund and Stephen Pagliuca (Bain Capital). Read more… Read More
GIC led a BRL300m (~USD55m) Series C for Brazil-based fintech Warren, with follow-on from Ribbit Capital, KASZEK, Chromo Invest, QED Investors, Meli Fund and Quartz. Read more… Read More
CarVal Investors has provided USD150m in financing to Mexico-based ultra low-cost airline Viva Aerobus. Read more… Read More
Temasek has invested USD120m in UpGrad, an India-based edtech offering online courses in the higher education space. Read more… Read More
(default archive template)