Quantiphi Receives USD20 Million from Multiples

India- and US-based enterprise software company Quantiphi has secured USD20 million in Series A funding from India-focused private equity firm Multiples Alternate Asset Management. Quantiphi offers applied artificial intelligence, machine learning and big data solutions to companies around the world. The company reportedly intends to use the new capital to… Read More

Accion Sells Stake in Bancompartir to Credicorp

Accion, a global financial inclusion-focused investor, has successfully exited its investment in Banco Compartir (Bancompartir), a Colombia-based microfinance institution, as part of the company’s acquisition by Credicorp, a Latin America-focused financial services holding company. Bancompartir was founded as a collective finance organization for survivors of a volcanic eruption in the… Read More

The Carlyle Group Acquires Minority Stake in Anxin Apartment

Global alternative asset manager The Carlyle Group has acquired a minority stake in Anxin Apartment, a China-based corporate housing provider, through Carlyle Asia Growth Partners V and Carlyle Beijing Partners Fund II. Anxin provides employee housing services to service-sector corporations, operating more than 160 apartment complexes in 24 cities across… Read More

Verod Capital Achieves USD200 Million Final Close of Third Fund

West Africa-focused private equity firm Verod Capital Management has reached a final close with USD200 million in commitments for Verod Capital Growth Fund III. Investors in the fund include sovereign wealth funds, family offices, development finance institutions, asset managers, funds of funds, and foundations. The fund will invest in middle-market… Read More

CRE Venture Capital and Omidyar Network Lead USD20 Million Series A Round for Rensource

Africa-focused venture capital firm CRE Venture Capital and global impact investor Omidyar Network have led a USD20 million Series A investment in Nigeria-based renewable energy solutions provider Rensource Energy. Other participants in the round include Inspired Evolution Investment Management, Proparco, EDP Renewables, Investisseurs & Partenaires, Sin Capital, and Yuzura Honda. Read More

SEAF Invests in SOWIT

SEAF, a global SME-focused impact investor, has invested in France-based, Africa-focused agtech company SOWIT. Using data analytics to synthesize historical climate data and drone- and satellite-based monitoring of current crop conditions, the company provides advisory services to African farmers deploying precision agriculture techniques. This is the fourth investment SEAF has… Read More

Wamda and Global Ventures Lead USD3 Million Series A Round for Floranow

Middle East-focused venture capital firms Wamda Capital and Global Ventures have led a USD3 million Series A investment in Floranow, a UAE-based business-to-business online floral marketplace. Other investors in the round include Dash Ventures, Jabbar Internet Group, Sirocco Holdings, Adamtech Ventures, Zuaiter Holding Capital, HB Investments, and undisclosed angel investors. Read More

Wamda and Global Ventures Lead USD3 Million Series A Round for Floranow

Middle East-focused venture capital firms Wamda Capital and Global Ventures have led a USD3 million Series A investment in Floranow, a UAE-based business-to-business online floral marketplace. Other investors in the round include Dash Ventures, Jabbar Internet Group, Sirocco Holdings, Adamtech Ventures, Zuaiter Holding Capital, HB Investments, and undisclosed angel investors. Read More

Vickers Venture Partners Leads USD40 Million Investment in AWAK Technologies

AWAK Technologies, a Singapore-based medical technology company, has raised USD40 million in a financing round led by Vickers Venture Partners, a global venture capital firm. Additional investors include SEEDS Capital, the Southeast Asia-focused investment arm of Enterprise Singapore, and Advanced MedTech, a Singapore-based medical technology company. AWAK develops treatment devices… Read More

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