IDB Invest, HBM Healthcare Investments, and Morgan Rio Capital Management have invested a USD18m Series B in Colombia-based digital pharmacy Farmalisto. Read more… Read More
The European Investment Bank (EIB) has approved USD156m in commitments to six Africa-focused funds, including: USD50m to AfricInvest IV; USD20m to Alitheia IDF‘s Gender Smart Fund; USD30m to WDB Equity Fund; USD25m to BluePeak Private Capital‘s maiden private credit fund; USD12.5m to Atlantica Venture Capital Fund; and USD18.5m… Read More
QED Investors led a USD17.5m Series A in Betterfly (formerly Burn to Give), a Chilean certified B-Corp insurtech providing life insurance to SMEs and incentivizing policyholder’s wellbeing with subsidized coverage. Read more… Read More
Oceanpine has reached a USD400m final close for its second fund targeting investments in tech and health care. Read more… Read More
Alibaba, Tiger Global, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners have invested a USD1.6b Series E for China-based edtech Zuoyebang. Read more… Read More
Mountain Nazca led a USD17.5m Series A for Crehana, a Peru-based online learning platform, with participation from Endeavor Catalyst, IFC, and Salesforce Ventures. Alive Ventures, Dila Capital, and Rethink Education followed on. Read more… Read More
Yunfeng Capital has invested USD300m in China-based edtech Yuanfudao, bringing the overall funding raised by the company in 2020 to USD3.5b. In March 2020, Hillhouse led the company’s USD1b Series F, and in October 2020, Tencent and DST Global led the company’s USD2.2b Series G. Read more… Read More
TLG Capital has exited Branch International Financial Services (Branch Nigeria), a Nigeria-based subsidiary of Branch Inc, a fintech company with operations in Africa, Latin America, and Asia. TLG originally invested in the company in 2019 through its Credit Opportunities Fund. Read more… Read More
TPG’s The Rise Fund led a USD210m Series D for Meishubao, a Chinese online art education platform, with participation from Fortune Capital, Winsdom Capital, SAIF Partners, Bojia Capital, and Chuangzhi Capital. Read more… Read More
Existing investors Sequoia Capital China led a USD515m Series E for Hong Kong-based on-demand delivery company Lalamove, with follow-on from Shunwei Capital Partners and Hillhouse Capital. Read more… Read More
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