Naya Capital Management has invested EUR100m (approximately USD109m) in Estonia-based ridesharing and food delivery app Bolt in the form of a convertible note. Naya Capital previously invested in the company’s USD67m Series C in July 2019. Read more… Read More
UFF Agri Asset Management, a specialty advisor for agricultural investments in Africa backed by Old Mutual Investment Group, has invested in Malawi-based agribusiness and macadamia producer Jacoma Estates and its subsidiary Tropha Estates. CDC Group and AgDevCo are investors in the company. Read more… Read More
A consortium of investors led by Africa-focused growth equity fund manager Mediterrania Capital Partners has acquired Egypt-based diagnostics imaging company MetaMed from Middle East- and Africa-focused alternative investment firm Gulf Capital for over EUR100m (approximately USD109m). Mediterrania provided USD25m through Mediterrania Capital III, while the remaining USD75m were… Read More
Hahn & Co. and Hana Financial Group have agreed to acquire 100% of South Korea-based H-Line Shipping, the former bulk carrier of bankrupt Hanjin Shipping, for USD1.45b. The two firms will create a fund for the leveraged buyout of H-Line Shipping, which is currently owned by another fund… Read More
Inventus Capital Partners led a USD2.6m Series A for India-based electric automotive startup Euler Motors, with participation from Blume Ventures, Jetty Ventures, and Udaan co-founder Sujeet Kumar. Read more… Read More
A consortium of investors, including existing investors Reflex Capital and Fast Forward, and new investors Lighthouse Ventures and Kamil Vacek, has made a USD3.8m seed investment in Czech Republic-based workspace-focused proptech Spaceti. Read more… Read More
Swedish development finance institution Swedfund has provided EUR5m (approximately USD5.5m) in financing to Platcorp, a financial institution providing credit to private individuals and SMEs in Kenya, Uganda, and Tanzania. Read more… Read More
Horizon Ventures and Alpha JWC Ventures led a USD11.5m Series A for Indonesia-based capsule hotel operator Bobobox, with participation from Kakao Investment, Sequoia’s Surge, and Mallorca Investments. Read more… Read More
Actis, through its Actis Asia Real Estate fund, has sold South Korea-based twin-tower office building Young City to a consortium of local institutional investors for USD447.5m. The asset came under Actis’ control after the acquisition of the Asia unit of Standard Chartered’s Principal Finance Real Estate in 2018. Read More
Fintech and financial inclusion-focused fund manager Quona Capital led a USD15m investment in Colombia-based fintech ADDI, with participation from existing investors Andreessen Horowitz and monashees, and new investors Foundation Capital and S7 Ventures. Read more… Read More
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