Swedfund has invested USD1m in Kasha Global, an e-commerce platform with subsidiaries in Rwanda and Kenya that enables access, education, and confidential distribution of women’s contraceptives, menstrual and health products, primarily to underserved women. Read more… Read More
IDB Invest led a USD15m pre-Series C for Mexico-based furniture e-commerce startup GAIA. IDB Invest committed USD10m, with follow-on from existing investors. Read more… Read More
Genesia Ventures reached a USD75m final close for its Genesia Venture Fund II to invest in Japan and Southeast Asia-based companies covering the digital transformation, new economy, as well as media and entertainment sectors. Read more… Read More
Aqua Capital exited Fertiláqua, a Brazilian plant nutrition firm, via a sale to ICL, an Israel-based specialty minerals and chemicals company for USD120m. Read more… Read More
Baring PE Asia exited a 6.3% stake in India’s Coforge (previously known as NIIT Technologies) for INR8.78b (~USD119m) via open market transactions. Read more… Read More
VC Fil Rouge Capital invested a EUR1.2m (~USD1.4m) seed round for Slovenian machine translation platform TAIA. Read more… Read More
A consortium led by Macquarie Infrastructure and Real Assets (“MIRA”) acquired a portfolio of Romanian power assets owned by ČEZ Group, including electricity distribution networks, energy supply, and the Fantanele Cogealac wind park, among others. Read more… Read More
Abris Capital Partners has agreed to sell its stake in Poland-based locomotive leasing company Cargounit to Three Seas Initiative Investment Fund. The transaction is expected to close by year-end 2020. Read more… Read More
Inovabra Ventures, the venture capital arm of Banco Bradesco, invested BRL37m (~USD6.6m) in Brazilian fintech Asaas, a financial management startup for individual entrepreneurs. Existing investor Parallax Ventures also participated in the round. Read more… Read More
Baida Impact Squared, a VC fund managed by Silicon Badia, has reached a USD36m first close. The European Bank for Reconstruction and Development (EBRD) committed USD10m to the fund which will invest in early-stage tech companies in Egypt, Jordan, Lebanon, Morocco, and Tunisia, with a principal focus on… Read More
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