SEAF Morocco Growth Fund acquired an undisclosed stake in Deepsense, a biometrics security company providing an instant identity verification solution that detects online fraud attempts. Read more… Read More
Enterprise Investors, through its Polish Enterprise Fund VII, has acquired an additional 35% stake in Croatia-based frozen bakery products producer and retailer Pan-Pek from Ivan Parać, the company’s founder. The transaction increases EI’s interest in the company to 100%. Read more… Read More
Summa Equity has acquired a majority stake in Singapore-based biotech developer Sengenics through Summa Equity Fund II, facilitating an exit for SBI Islamic Fund II which sold a 12.93% stake. Read more… Read More
Kaspi, a Kazakhstan-based fintech backed by Baring Vostok and Goldman Sachs, has raised USD870m in its IPO on the London Stock Exchange, reaching a reported valuation of USD6.5b and facilitating a partial exit for Baring Vostok. Read more… Read More
The Abu Dhabi Pension Fund (ADPF) and UAE-based holding firm ADQ have agreed to invest USD2.1b in select Abu Dhabi National Oil Company (ADNOC) gas pipeline assets. Under the terms of the agreement, ADNOC will divest 20% in ADNOC Gas Pipelines to ADPF and ADQ. Read more… Read More
Mediterra Capital has agreed to acquire a majority stake in Turkey-based payment solutions provider PayCore. Read more… Read More
SSI Asset Management Company, a subsidiary of SSI Securities, CT Bright, the investment arm of CP Group, and Mercuria Investment, a fund managed by the Development Bank of Japan, have partnered to launch a USD150m Vietnam-focused fund. The vehicle has already reached a USD25m first close. Read… Read More
Andreessen Horowitz led a USD48m Series A for Mexico-based hospitality startup Casai, with participation from Andreessen Horowitz’s Cultural Leadership Fund, Kaszek Ventures, Global Founders Capital, Monashees Capital, Liquid 2 Ventures, and TriplePoint Capital. The round included USD23m in equity funding and USD25m in debt financing. Read more… Read More
AIIM, through its IDEAS Managed Fund, has made a second investment in South Africa-based Phakwe Group to support the company’s acquisition of Witkop Solar Park, a 30MW solar photovoltaic facility in South Africa. Through the deal, Phakwe has increased its stake in Core Energy, a South Africa-based independent… Read More
Lead Ventures led a USD2.5m Series A for Hungary-based website server protection solutions provider BitNinja, with participation from Oxo Technologies Holdings. Read more… Read More
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