Spectra, Fir Capital, Redpoint eventures, as well as the company’s founders, have invested BRL115m (approximately USD22m) in Brazil-based building materials retailer ABC da Construção. Read more… Read More
Enko Capital Managers has agreed to sell its minority stake in Dubai-based logistics company AMI Logistics to CEVA Logistics, a subsidiary of CMA CGM. AMI’s founders have also agreed to divest their stakes in the company. Enko originally invested USD7m via its Enko Africa Private Equity Fund (EAPEF)… Read More
Creandum and Highland Europe led a USD15m Series A for Turkey- and Germany-based meditation startup Meditopia. Read more… Read More
Straight KKM 2 (KKM), backed by Kuramo Capital Management and Mafuta Investment Holdings, has agreed to acquire CDC-backed Feronia’s direct and indirect equity interests in Congo-based palm oil agribusiness Plantations et Huileries du Congo. The deal, which is pending approval, will see Feronia delisted from the Canadian Stock… Read More
KKR led a USD800m Series C+ for China-based grocery e-commerce platform Xingsheng, with participation from Sequoia Capital China and China Renaissance’s Huaxing Growth Capital. Read more… Read More
BNDES has approved an investment of up to BRL150m (approximately USD29m) in Vinci Impacto e Retorno IV. The vehicle, which targets BRL600m (~USD116m), will invest in medium-sized companies operating in the health care, education, retail, IT, and food sectors in Brazil. Read more… Read More
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
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