Warburg Pincus led a USD171m Series B for China-based cancer drug developer Haihe Biopharma, with participation from CMB International, Legend Capital, CICC Capital, Beijing Langzi Asiana Asset Management, Chaos Investment, Winfast Holding, and Shanghai International Group, and follow-on from Yingke PE, BioTrack Capital, CSPC Pharmaceutical Group, and Liansheng… Read More
CICC Capital led a USD495m investment in China-based grocery delivery startup MissFresh, with participation from ICBC International, Tencent, Abu Dhabi Capital Group, Suzhou Changshu Government Industry Fund, Tiger Global Management, and Goldman Sachs. Read more… Read More
Korea Development Bank (KDB), NVESTOR, Intervest, and existing investor IMM Investment led a USD41.8m pre-Series D for South Korean edtech Riiid, a tutoring platform focused on mobile test prep that recently opened offices in Silicon Valley and plans to expand across the US, South America, and the Middle… Read More
Takarék VC has invested a EUR2m (approximately USD2.3m) pre-Series A for Hungary-based digital aircraft maintenance solutions company AerniX through Takarék Venture Capital Fund I. Read more… Read More
Valor Capital Group led a USD4m Series A for Brazil-based solar energy financing platform Solfácil. Read more… Read More
BECO Capital, Tamer Group, and French shipping company CMA CGM have invested USD15m in Dubai-based logistics startup Fetchr. The funding, which could rise to as much as USD25m, is part of the company’s turnaround plan to expand into Saudi Arabia after it risked bankruptcy in 2019. Read… Read More
SoftBank has invested an undisclosed amount in a Series B for Brazil-based health care-focused SaaS company iClinic. Read more… Read More
Chinese VC Vitalbridge Capital has reached a USD150m final close for its first US-denominated fund. The vehicle will invest in innovation-driven startups across the fields of education, health care, and enterprise services in China. Read more… Read More
CITIC Private Equity Funds Management’s CPE Fund and Chinese data center operator GDS Holdings have agreed to jointly acquire BJ13, a greenfield data center project in China, for USD371m. The acquisition will be made through a newly established joint venture, with GDS and CPE owning 58% and 42%… Read More
Astella Investimentos has invested an undisclosed amount in Livance, a Brazil-based office-sharing company for health care professionals. Read more… Read More
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