Kinea has acquired a minority stake in Verzani & Sandrini, a Brazil-based security, maintenance, and facilities management company, for BRL150m (approximately USD28m). Read more… Read More
Criterion Africa Partners has exited Uganda-based timber plantation Global Woods via a sale to Nile Fibrewood for an undisclosed amount. Read more… Read More
KaszeK Ventures led a USD2.5m seed round for Brazil-based antifraud startup Legiti, with participation from Global Founders Capital, Iporanga Ventures, and Norte Ventures. Read more… Read More
Harith General Partners and the Pembani Remgro Infrastructure Fund are investing an undisclosed amount in Zimborders Mauritius, an entity set up to develop the USD296m Zimbabwe Beitbridge border post complex. Read more… Read More
Axiom Asia Private Capital has reached a USD1.8b final close for Axiom Asia VI, its sixth Asia-focused fund-of-funds. Read more… Read More
KV Asia Capital has fully exited Malaysia-based grocery retailer TF Value Mart via a sale to Intermediate Capital Group (ICG) for an undisclosed amount. Read more… Read More
The Asian Infrastructure Investment Bank (AIIB) has committed USD100m to ADM Capital to seed ADM Capital Elkhorn Emerging Asia Renewable Energy Fund, a new USD-denominated private debt fund focused on renewable energy investments in Asia. Read more… Read More
FMO, through its Ventures Program, has signed an EUR500k (approximately USD598k) convertible note to Chad-based power and electrification company ZIZ Energie as part of a EUR2m (approximately USD2.4m) convertible round in a co-investment with Energy Access Ventures (EAV). Read more… Read More
DST Global led a USD80m Series C for CRED, an India-based fintech helping credit card users manage their finances, with follow-on from Sequoia Capital and Ribbit Capital. Read more… Read More
Alibaba and Jeneration Capital led a USD196m Series C3 for Nice Tuan, a Chinese community-based e-commerce platform for fresh produce and household products, with participation from Kunlun Capital, China Capital Investment Group, CDH Investments, GGV Capital, Joy Capital, Qiming Venture Partners, Ince Capital, and Cygnus Equity. Read… Read More
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