Mercia and MSD Global Health led a EUR20m (~USD20m) Series A for Turbine, a Hungary-based cancer cell simulation developer, with participation from Day One Capital and follow-on from Accel, Delin Ventures and XTX Ventures. Read more… Read More
Mediterrania Capital Partners exited Morocco-based IT services provider MedTech Group, through a management buyout. Mediterrania first invested in MedTech Group in June 2016 through its MC II fund. Read more… Read More
Qashio, a UAE-based spend management platform, raised a USD10m seed round from Sanabil 500 MENA, Cadorna Ventures, One Way Ventures, MITAA, Nuwa Capital, Iliad Partners, Phoenix Investments and others. Read more… Read More
LoftyInc Capital Management reached a USD14m final close for LoftyInc Afropreneurs Fund 3 (LAF3), an early-stage vehicle investing in African entrepreneurs. Read more… Read More
Carlyle Group partially exited Delhivery, an India-based, NSE- and BSE-listed logistics and supply chain platform, through a INR6b (~USD74m) share sale. Read more… Read More
The Rohatyn Group agreed to acquire South Africa-based alternative asset manager Ethos Private Equity. Read more… Read More
Raed Ventures and Nclude led a USD8m seed round for Grinta, an Egypt-based pharmaceutical supply chain platform, with participation from Endeavor Catalyst and 500 Global. Read more… Read More
African Infrastructure Investment Managers, through AIIF4, agreed to acquire a 74% stake in two lots of the Kenyan government’s Road Annuity Programme. Read more… Read More
H&Q Korea led a USD37m Series C for South Korea-based laundry service Laundrygo, with participation from KB Securities, Hanwha Securities, Badgers Investment, Pebbles Investment and Musinsa, and follow-on from SoftBank, Altos Ventures and Aju IB. Read more… Read More
Vision Plus Capital led a ~CNY100m (~USD14m) Series A for Eagleyun, a China-based enterprise network security solutions provider, with participation from Sequoia China. Read more… Read More
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