Sequoia Capital India and Hana Ventures led a USD26m Series A for Beam, a Singapore-based micro-mobility startup that operates e-scooters. Read more… Read More
Hillhouse Capital led a USD160m Series B for China-based biopharmaceutical company Genor Biopharma, with participation from Temasek Holdings, Haitong Capital, Cavenham PE, and CR-CP Life Science Fund, a joint venture between China Resources Group and Thailand’s Charoen Pokphand Group. Read more… Read More
Pakistani VC firm Indus Valley Capital led a USD1.3m pre-seed round for Pakistan-based e-commerce marketplace Bazaar Technologies, with participation from Alter Global and angel investors. Reportedly, the deal was closed entirely on Zoom. Read more… Read More
Europe-focused VC firm Earlybird Venture Capital has exited Peak Games to US-based social gaming company Zynga for USD520m, as part of a USD1.8b sale. Other exiting shareholders include Hummingbird Ventures, Endeavor Global, and Peak Games CEO and Founder Sidar Sahin. The deal, comprising USD900m in cash and USD900m… Read More
The Carlyle Group is spinning out its Africa-focused senior executive team to set up Alterra Partners, an independent buyout firm. Alterra will manage Carlyle’s USD698m Sub-Saharan Africa fund as a sub-advisor and will continue to invest with Carlyle’s international energy fund on the continent. Carlyle will hold no… Read More
XP Investmentos has acquired a controlling stake in Brazil-based eye hospital Centro Brasileiro da Visão for BRL200m (approximately USD37.5m) through XP Private Equity I Fundo de Investimento em Participações Multiestratégia. This marks the first investment for the recently launched fund. Read more… Read More
IG4 Capital has acquired two Brazilian hospitals through its recently formed OPY Health unit for BRL200m (approximately USD37m). IG4 plans on expanding the number of beds in both hospitals. Read more… Read More
SoftBank’s Vision Fund II led a USD500m investment in ride-hailing company Didi Chuxing’s autonomous driving unit. Read more… Read More
VC firm DOMO Invest led a BRL12m (approximately USD2.25m) investment for Brazil-based fintech Meu Tudo, a marketplace for lending applications offering services and products via payroll loans and banks. Read more… Read More
VCs KaszeK Ventures and Founders Fund have invested USD10m in Belvo, a Spain-based fintech operating in Mexico and Colombia. Read more… Read More
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