Adiwale Partners and Investisseurs & Partenaires (I&P) acquired a minority stake in VoltaCars Rental Service (VRS), a Ghana-based vehicle leasing company. Adiwale acquired VRS through its maiden Adiwale Fund I, which reached a EUR60m final close in 2021 and targets growth capital investments in West Africa’s SMEs. … Read More
responsAbility Investments reached first closes for its latest funds focused on food production and distribution companies. Growth equity vehicle Sustainable Food Asia II and mezzanine fund Sustainable Food Latam reached USD173m and USD101m first closes, respectively. Read more… Read More
Intudo Ventures led a USD12m Series B for iSeller, an Indonesia-based point-of-sale platform, with participation from KVision, Mandiri Capital and Openspace Ventures. The deal has facilitated iSeller’s acquisition of payment platform Yukk. Read more… Read More
AfricInvest, through its fourth flagship fund, invested in Nigeria-based retail chain Justrite. Read more… Read More
General Catalyst led a USD10m round for Genial Care, a Brazil-based provider of autism care services for children, with participation from Atlantico, Canary and angel investors. Read more… Read More
BTG Pactual led a USD30m round for BioElements, a Chile-based biodegradable plastic packaging manufacturer. Read more… Read More
LePure, a China-based bioprocess equipment developer, raised a ~CNY100m (~USD15m) Series C led by General Atlantic, Novo Holdings and Goldman Sachs Asset Management, with follow-on from Highlight Capital, Bayland Capital, HM Capital, CSTC and Huaying Health Fund. Read more… Read More
Capcon, a China-based packaging equipment manufacturer, raised a ~USD50m Series B2 from Chengchuang Capital, Cowin Capital, GL Ventures and Shang Qi Capital. Read more… Read More
Impact investor Lok Capital reached a USD90m first close for its fourth fund focused on financial inclusion in India. … Read More
The Energy Inclusion Facility (EIF), managed by Lion’s Head Global Partners, agreed to provide a EUR7.5m (~USD8m) credit facility for SolarX, a Mali-based developer of commercial and industrial (C&I) solar power plants. Read more… Read More
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