Evli Growth Partners and existing investors Karma Ventures and LVV Group led a USD9.5m Series B for Lithuania-based 3D model provider CGTrader, with participation from former Rovio CEO Mikael Hed. Read more… Read More
3TS Capital Partners’ Catalyst Romania has fully exited its stake in Romania-based mobile game studio Green Horse Games via a sale to Tencent’s subsidiary Miniclip. Read more… Read More
Thermo Fisher Scientific, Shiyu Capital, ABC International Holdings Limited, Sunland Capital, CCBI Tech Venture, and existing shareholder YF Capital have invested a USD150m Series B for China-based diagnostics company WuXi Diagnostics. Read more… Read More
Target Global Management led a USD13m seed round for Bahrain-based open banking platform Tarabut Gateway, with participation from Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies, and Mad’a Investment. Read more… Read More
Menlo Ventures led a USD23m Series B for Croatia-based math learning app Photomath, with participation from GSV Ventures, Learn Capital, Goodwater Capital, and Cherubic Ventures. Read more… Read More
Emerging Capital Partners (ECP) has increased its stake in Tunisia-listed hygiene and cleaning products group Société d’Articles Hygiéniques (SAH), which trades under the Lilas brand name. ECP first invested in the company in 2008, and the latest transaction brings the firm’s shareholding in SAH to over 5%. Read More
Hlayisani Capital has reached a ZAR350m (approximately USD23.7m) first close for its Hlayisani Growth Fund. The vehicle will invest in high-growth SMEs in South Africa. Read more… Read More
Apis Partners and JG Summit Holdings have invested USD110m in South Africa-based digital bank TymeBank. The proceeds will be used to expand the bank’s presence in South Africa and to finance its expansion into the Philippines. Read more… Read More
Monk’s Hill Ventures and Qualgro led a USD5m Series A for ErudiFi, a Singapore-based, tech-enabled company providing access to education financing in Southeast Asia. Read more… Read More
Penta Investments has sold Slovakia-based meat processing group Mecom to Smithfield Foods for an undisclosed amount. Read more… Read More
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