CITIC PE, CICC Capital, and Primavera Capital led a CNY1.8b (approximately USD279m) Series C for China-based AI chip designer Enflame Technology, with follow-on from Tencent Holdings, Summitview Capital, and Redpoint Ventures China. Read more… Read More
New investors Openspace Ventures and Alpha JWC Ventures and existing investors the Northstar Group, Kinesys, and BeeNext have invested an undisclosed pre-Series B round for Indonesia-based edtech Zenius Education. Read more… Read More
Endiya Partners has reached a INR5b (approximately USD75m) final close for its second fund. The vehicle will make early-stage investments in startups in the consumer internet services, health care, SaaS, and financial technology sectors. Read more… Read More
Taiwan-based insurer Fubon Life Insurance has committed a combined USD85m to two PE funds: Fubon committed USD65m to Coller International Partners VIII, a vehicle managed by Coller Capital; and USD20m to Hamilton Lane Secondary Fund V. Read more… Read More
Mekong Capital has reached a USD246m final close for MEF IV. The vehicle will make growth equity investments in Vietnamese companies operating in the retail, education, restaurants, consumer services, health care, and fast-moving consumer goods sectors. Read more… Read More
Oria Capital has invested BRL40m (approximately USD7.7m) in Knewin, a Brazil-based PRtech providing solutions for public relations and marketing. Read more… Read More
Sequoia Capital India led a USD30m investment in Indonesia-based digital investment platform Bibit, with follow-on from East Ventures, EV Growth, AC Ventures, and 500 Startups. Read more… Read More
Westbridge Capital has exited India-based gaming and sports media company Nazara Technologies to Plutus Wealth Management via a share sale worth INR5b (approximately USD68.5m). Read more… Read More
Warburg Pincus has agreed to invest USD100m in BoAt, an India-based consumer electronics startup which sells low-cost bluetooth speakers and other personal electronics products. Read more… Read More
Trustbridge Partners led a USD500m funding round for China-based healthtech DXY, with participation from Tencent and GL Ventures. Read more… Read More
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