Capcon, a China-based packaging equipment manufacturer, raised a ~USD50m Series B2 from Chengchuang Capital, Cowin Capital, GL Ventures and Shang Qi Capital. Read more… Read More
Impact investor Lok Capital reached a USD90m first close for its fourth fund focused on financial inclusion in India. … Read More
The Energy Inclusion Facility (EIF), managed by Lion’s Head Global Partners, agreed to provide a EUR7.5m (~USD8m) credit facility for SolarX, a Mali-based developer of commercial and industrial (C&I) solar power plants. Read more… Read More
Jetstream Africa, a Ghana-based supply chain platform, raised a USD13m equity and debt pre-Series A. Cauris Management and Proparco led the debt financing, and equity investors included Octerra, Wuri Ventures, Seed9, The MBA Fund and ASCVC, with follow-on from Alitheia IDF and Golden Palm. Read more… Read More
Poland-based tissue producer Velvet CARE, with support from Abris Capital Partners, acquired Almus, a Poland-based paper products manufacturer. Abris acquired Velvet CARE from Avallon in 2018. Read more… Read More
General Atlantic acquired a 5.64% stake in Cimory, an Indonesia-listed producer of dairy and other food products, for USD130m. Read more… Read More
Carlyle acquired a majority stake in VLCC, an India-based beauty and wellness marketplace, for a reported ~USD300m. Read more here and here… Read More
Nasdaq-listed BioNTech agreed to acquire InstaDeep, a Tunisia-founded, UK-based AI industrial decision-making platform backed by AfricInvest, Endeavor Catalyst and others, for EUR362m (~USD387m). Read more… Read More
GoTrendier, a Mexico-based second-hand clothing e-commerce marketplace, raised a ~USD15m Series B led by IDB Invest, Creas Impacto and IDC Ventures with follow-on from IGNIA Partners and others. Read more here and here… Read More
L Catterton led a CNY300m (~USD44m) Series A2 for TENWAYS, a Hong Kong-based e-bike manufacturer. Read more… Read More
(default archive template)