Tera Ventures Reaches ~USD51.2m Final Close for Seed Fund
Estonia-based VC Tera Ventures has reached a EUR43m (~USD51.2m) final close for its seed-stage fund targeting investments in startups in the Nordic and Baltic countries. Read more… Read More
Estonia-based VC Tera Ventures has reached a EUR43m (~USD51.2m) final close for its seed-stage fund targeting investments in startups in the Nordic and Baltic countries. Read more… Read More
Pine Labs has acquired Malaysia-based e-commerce and fintech company Fave for USD45m, facilitating an exit for all existing investors including Sequoia Capital India and SIG Asia Investments. Read more… Read More
A consortium of investors led by SoftBank and including Google and the Raine Group will invest USD1b in Televisa-Univision, a merger between Mexico-based broadcast and media giant Grupo Televisa and US-based media company Univision Communication. Read more… Read More
NBK Partners has closed a USD20m acquisition financing facility with UAE-based HR outsourcing company Reach Group to support the company’s cross-border expansion. Read more… Read More
Affirma Capital has reached a USD403m first close for Ascenta V, its fifth Korea-focused fund. The vehicle will deploy capital in Korea, China, India and other Southeast Asia markets. The fund will invest USD181m in T Map Mobility, a South Korea-based map-navigation service provider. Read more here… Read More
5Y Capital (formerly Morningside Venture Capital) has raised ~USD1.7b for its sixth USD-denominated fund and ~USD290m for its CNY-denominated fund focused on early- and growth-stage investments in China. Read more… Read More
CardinalStone Capital Advisers led a USD10m Series A for Appzone, a Nigeria-based fintech software provider, with participation from V8 Capital, Constant Capital, Itanna Capital Ventures and Lateral Investment Partners. Read more… Read More
Jaguar Growth Partners has acquired Brazil-based real estate securitization platform RB SEC from RB Capital for an undisclosed amount. Read more… Read More
StoneWise, a China-based pharmaceutical company that uses AI to accelerate drug discovery, has raised an aggregate USD100m in funding through its Series B and B+ rounds. Legend Capital led the Series B, while Lightspeed China and Greater Bay Area Homeland Investments led the Series B+. New investors CDH… Read More
Tiger Global Management led a USD100m Series D for DealShare, an India-based e-commerce platform for middle- and lower-income consumers. Read more… Read More
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