Mid Europa Partners has agreed to acquire a majority stake in Poland-based online metal prints marketplace GWD Concept from the company’s founders, Credo Ventures, and Miton Capital. The transaction is expected to close in Q4 2020. Read more… Read More
Nexxus Capital made an undisclosed mezzanine investment in TIP de México, a Mexico-based company specialized in leasing transportation equipment. Read more… Read More
Saudi Arabia’s Public Investment Fund has agreed to invest INR95.55b (approximately USD1.3b) in Reliance Retail Ventures, the retail unit of Indian conglomerate Reliance Industries, for a 2.04% stake. Read more… Read More
CDC Group has committed an additional USD100m to the existing trade risk sharing facility with SMBC Bank International to provide liquidity to markets and sectors in Africa. The investment brings CDC’s total commitment to the bank to USD200m. Read more… Read More
DEG has disclosed a USD40m investment in AfricInvest Fund IV signed in June 2020. The vehicle, which targets USD500m and is managed by pan-African private equity fund manager AfricInvest, will focus on mid-market growth capital transactions in Africa. Read more… Read More
Walmart-backed Flipkart and existing investor Accel Partners have invested an undisclosed Series F for India-based fashion brand house Universal Sportsbiz (USPL). Read more… Read More
Hony Capital has reached a USD130m final close for Hony Ventures Fund I, a vehicle targeting early-stage investments in the consumer, internet, and digital enterprise service sectors in China. Read more… Read More
Sierra Ventures led a USD1.75m seed round for Podcastle, an Armenia-based text-to-speech converter that uses artificial intelligence to convert news into podcasts, with participation from AI fund and Correlation VC. Read more… Read More
SP Ventures has invested BRL14m (approximately USD2.4m) in Brazil-based agricultural credit company Traive, with participation from Bread & Butter Ventures and Techstars. Read more… Read More
Openspace Ventures and Mandiri Capital led an undisclosed Series A for Indonesia-based omnichannel sales SaaS platform iSeller. Read more… Read More
(default archive template)