AfricInvest IV has reached a USD202m first close anchored by recent investments from CDC and Finnfund, who committed USD50m and USD20m, respectively. The fund, which targets USD500m and is managed by pan-African private equity fund manager AfricInvest, will focus on mid-market growth capital transactions in Africa. Read… Read More
Foundation Capital, Mountain Nazca, FEMSA Ventures, Quiet Capital, and 500 Startups have invested USD12m in a bridge round for Mexico-based grocery delivery startup Jüsto to support the expansion of its operation within Mexico and into the Colombian market. Read more… Read More
Canary, MAYA Capital, and KaszeK Ventures have invested a combined USD16m in Alice, a recently launched Brazil-based health care provider. Read more… Read More
TreeCorp Investimentos has invested BRL100m (approximately USD18.5m) in Brazil-based pet accessory retailer Zee.Dog. Read more… Read More
Actis-backed pan-African education group Honoris United Universities has acquired Nigeria-based Nile University. This marks the group’s first investment in West Africa. Read more… Read More
TPG’s The Rise Fund has acquired China-based photovoltaics maker Trina Solar’s assets in Spain, Chile, Colombia, and Mexico totaling approximately 1GW. The assets will be managed by Matrix Renewables, a newly launched renewable energy platform. Read more… Read More
Global growth equity fund manager TA Associates has invested USD150m in India’s National Stock Exchange (NSE) for a 2.3% stake. This brings the reported valuation of the exchange to approximately USD6.5b. Read more… Read More
The Carlyle Group has agreed to invest USD235m for a 25% stake in Indian telco Airtel’s data center business Nxtra Data. Read more… Read More
B Capital Group has reached a USD820m final close for its second global fund. The vehicle will invest in growth-stage startups transforming large industries and scaling rapidly across Asia, Europe, and the US. Read more… Read More
NordicNinja VC led a EUR2.2m (approximately USD2.5m) seed round for Lithuania-based last-mile delivery service Ziticity, with participation from Superhero Capital, Practica Capital, StartupWiseGuys, and Superangel. Read more… Read More
(default archive template)