TMT-focused VC Crystal Stream Capital, also known as Qingliu Capital, has invested in a multi-million dollar pre-Series A for Egypt-based B2B e-commerce platform MaxAB. Read more… Read More
Accion Venture Lab, the seed-stage investment initiative of financial inclusion-focused investment firm Accion, made an undisclosed investment in Colombian credit provider and financial education platform R5. Read more… Read More
Legend Capital led a USD15m Series B for South Korea-based Healingpaper, the operator of cosmetic surgery review platform GangnamUnni, with participation from new investors KB Investment and Hana Ventures. Read more… Read More
India-focused VC Chiratae Ventures has invested an undisclosed amount in India-based traveltech Rodeo Travel Technologies’ online ticket booking services app Railofy. Read more… Read More
Telecom, media, and technology-focused venture capital fund manager TLcom Capital has invested USD1m in a pre-seed round for Nigeria-based fintech and API developer Okra. Read more… Read More
Sequoia Capital’s early-stage accelerator program Surge, Partech Partners, and Global Founders Capital have invested USD5.5m in Singapore-based communication and commerce solutions platform Tinvio. The fresh capital will support Tinvio’s expansion into Southeast Asia, Taiwan, and Australia. Read more… Read More
Singaporean sovereign wealth fund Temasek led a USD8m funding round for Singaporean plant-based meat and seafood producer Growthwell, with participation from DSG Consumer Partners, Insignia Ventures, Genesis Ventures, Brandify, and Koh Boon Hwee. Read more… Read More
Finland-based VC Icebreaker.vc has reached a EUR50m (approximately USD54m) first close for its second fund targeting early stage tech companies in Finland, Sweden, and Estonia. Investors in the fund include Finland´s state-owned investment company Tesi, KRR III, Varma Mutual Pension Insurance Company, and Elo Mutual Pension Insurance Company. Read More
Hillhouse Capital- and Hopu Investment Management-backed global real estate and private equity fund manager GLP, China-based IoT company G7, and others have invested USD100m in Chinese self-driving truck startup Inceptio Technology. Read more… Read More
Advent International-backed Brazil-based educational group YDUQS has finalized the acquisition of Brazilian workforce solutions provider Adtalem Educacional do Brasil from its parent company, US-based Adtalem Global Education, for USD424m. Read more… Read More
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