Practica Capital Reaches ~USD34m First Close for Fund III
Practica Capital reached a EUR32m (~USD34m) first close for its third fund, a vehicle that will focus on Baltic startups from pre-seed to Series A. Read more… Read More
L Catterton Leads USD70m Investment Round for Razor Group; Razor Acquires Mexico’s VALOREO
L Catterton led a USD70m investment round for Razor Group, a global aggregator of e-commerce consumer goods businesses. Following the investment, Razor acquired VALOREO, a Mexico-based e-commerce brand aggregator backed by L Catterton, KASZEK and Presight Capital. Read more… Read More
Meituan Leads ~USD100m Series C for China’s Qitan Tech
Meituan led a CNY700m (~USD100m) Series C for Qitan Tech, a China-based developer of genome sequencing technology, with follow-on from BioTrack Capital and Haoyue Capital. Read more… Read More
Advent International Leads USD175m Series B for India’s Tredence
Advent International led a USD175m Series B for Tredence, an India-based, AI-powered data analytics company. Read more… Read More
Amethis Exits Mauritius’s CIEL Finance
Amethis exited CIEL Finance, the banking and financial services division of Mauritius-listed CIEL Group, through a share buyback. Read more… Read More
Carlyle To Acquire Czech Republic’s TESCAN ORSAY
Carlyle agreed to acquire a majority stake in TESCAN ORSAY, a Czech Republic-based manufacturer of electron microscopes and other scientific instruments. Read more… Read More
Verod Capital Management Exits Daystar Power Group
Verod Capital Management, through its Verod Capital Growth Fund II, fully exited Daystar Power Group, a hybrid solar power developer operating in West Africa, via a sale to Shell. Verod first invested in Daystar in 2019. Read More… Read More
General Atlantic Reaches USD3.5b Final Close for Climate Solutions Fund
General Atlantic reached a USD3.5b final close for its inaugural BeyondNetZero fund, which invests in climate-focused companies alongside General Atlantic’s flagship funds. Read more… Read More
Climate Fund Managers Reaches USD855m Second Close for CI2
Climate Fund Managers reached a USD855m second close for Climate Investor Two (CI2), a blended finance vehicle focused on water, sanitation and oceans infrastructure projects in emerging markets. CI2 reached a USD675m first close in November 2021 and is targeting USD1b. Read More… Read More
China National Building Material Leads ~USD576m Series C China’s Xi’an ESWIN Material
China National Building Material, through its CNBM New Material Fund, led a CNY4b (~USD576m) Series C for Xi’an ESWIN Material, a China-based semiconductor products and services supplier, with participation from Source Code Capital, Yufu Holding, Financial Street Capital, Chang An Hui Tong, Shang Qi Capital, SDIC Unity Capital and others. Read More
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