Novastar Ventures, AXA Impact Fund, FMO, and Mirova’s Land Degradation Neutrality Fund led a USD28m Series B for Kenya-based tech-enabled sustainable forestry company Komaza. Read more… Read More
Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative (We-Fi), and MSA Capital led a USD10m pre-Series B for Nigeria-based B2B e-commerce startup TradeDepot. Read more… Read More
Qualcomm Ventures has agreed to invest INR7.3b (approximately USD97m) in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, for a 0.15% stake. Read more… Read More
International Finance Corporation has approved a USD60m commitment to Mekong Capital’s Mekong Enterprise Fund IV. Of the USD60m, USD30m has been allocated to co-investment opportunities. The vehicle, which targets USD250m, will invest in consumer-related sectors in Vietnam. Read more… Read More
International Finance Corporation (IFC) has agreed to provide up to USD319m in loans to four businesses in Africa. Specifically, IFC will provide loans of USD185m to The Standard Bank of South Africa, USD100m to Egypt’s Commercial International Bank, USD28.2m to NSIA Banque Côte d’Ivoire, and USD5.2m to Ghanaian… Read More
Actis has reached a USD2.9b first close for Actis Energy 5, a vehicle focused on renewable energy investments across Latin America, Africa, and parts of Asia and targeting USD4b. Read more… Read More
Uncork Capital and Bling Capital led a USD2.2m seed round for Uruguay-based no-code and low-code AI startup MonkeyLearn. Read more… Read More
QED Investors led a BRL120m (approximately USD22.5m) Series B for Brazil-based fintech Warren, with participation from KaszeK Ventures, Chromo Invest, Ribbit, MELI Fund, WPA, and Quartz. Read more… Read More
Hudson Bay Capital led a USD102.8m Series C for US- and China-based biotech Harbour BioMed, with participation from Orbimed Asia, Country Garden VC, GTJA Investment Group, Octagon Capital, and Sage Partners, and follow-on from existing investor Greater Bay Area Investment Fund. Read more… Read More
CICC Capital led a CNY900m (approximately USD129m) Series D for China-based energy services platform Newlink Group, with participation from Xiaomi Corporation and existing investors Joy Capital, Nio Capital, and Korea Investment Partners. Read more… Read More
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