Tiger Global, Lone Pine Capital, Constellation, Endeavor Catalyst, and Softbank have invested a BRL1.25b (approximately USD225m) Series D for Brazil-based e-commerce solutions provider VTEX. The deal brings the company’s reported valuation to USD1.7b, granting it unicorn status. Read more… Read More
DST Global, Soma Capital, GMO Venture Partners, VentureSouq, 20VC, and angel investors have invested between USD10m and USD15m in BukuWarung, an Indonesia-based bookkeeping and payments platforms for micro-merchants. Read more… Read More
Softbank Vision Fund 2, PICC Capital, and Morningside Venture Capital led a USD319m Series C for XtalPi, a China-based pharmaceutical firm that uses AI to develop new drugs, with participation from existing investors Tencent Holdings, Sequoia Capital China, China Life, and SIG. New investors include CICC Capital, China… Read More
GL Ventures, the VC arm of Hillhouse Capital, led a USD147m Series D for China-based biotech company InventisBio, with participation from new investors Qiming Venture Partners, Matrix Partners China, Janchor Partners, AIHC Capital, Dyee Capital, and E Fund Capita. Existing investors Lilly Asia Ventures, Advantech Capital, OrbiMed Asia,… Read More
Tencent Holdings, Hillhouse’s VC arm GL Ventures, and Yunfeng Capital led a CNY1.2b (approximately USD176m) Series F for China-based medical SaaS startup Taimei Technology, with participation from Zheshang Venture Capital, Morningside Venture Capital, Matrix Partners China, SBCVC, Cowin Capital, Ivy Capital, Beijing Future Startup Fund Management, and Fanzhuo… Read More
Stripe led a USD12m Series A for Philippines-based fintech PayMongo, with participation from existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Read more… Read More
AfricInvest Private Credit has agreed to provide a trade finance facility to Rwanda-based Africa Medical Supplier. Terms and size of the investment are undisclosed. Read more… Read More
500 Startups, Phoenician Funds, Kafalat iSME, Mulcan Investment, Seeders, Crescent Capital, and Dubai Angel Investors invested a USD1.8m pre-Series A for Lebanon-based edtech Synkers. The round was led by Dr. Lama and Dalia Al Sulaiman of Saudi conglomerate Rolaco Holdings. Read more… Read More
Glisco Partners has acquired a 30.1% stake in Mexico-based distiller Mezcal Amores for an undisclosed amount through Glisco Partners IV. Read more… Read More
Brazil-based logistics company Hidrovias do Brasil has raised BRL3.4b (approximately USD608m) in its IPO, facilitating an exit for shareholders including Pátria Investimentos, BNDES, Temasek, and AIMCo. Read more… Read More
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