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
KKR has agreed to acquire five solar energy assets from India-based infrastructure developer Shapoorji Pallonji Infrastructure Capital for INR15.54b (approximately USD204m). The portfolio comprises assets with a capacity of 169MWp in Maharashtra and assets with a capacity of 148 MWp in Tamil Nadu. Read more… Read More
Japanese VC JAFCO Asia has reached a final close for JAFCO Taiwan I Venture Capital with USD67m in commitments. Investors in the fund include the National Development Fund of Taiwan and other financial institutions. Read more… Read More
Kuwait-based VC Faith Capital has announced its participation in the secondary share offering for Dubai-based e-gift card distribution company YouGotaGift. Read more… Read More
Old Mutual Private Equity, a division of South Africa-focused asset manager Old Mutual Alternative Investments, has received approval from the Competition Commission of South Africa to acquire footwear and apparel distributor Crick through Old Mutual Private Equity V. Read more… Read More
(default archive template)