Tower Capital Asia reached a USD324m final close for its debut fund Tower Capital PE Fund I, with an additional USD55m in co-investment commitments. The fund will target the business services, consumer, education, healthcare and manufacturing sectors in Singapore and the rest of Southeast Asia. The fund has deployed about… Read More
KKR and India-based motorcycle manufacturer Hero Group agreed to invest USD450m in Hero Future Energies, Hero Group’s renewable energy arm that operates wind and solar projects. Read more… Read More
Astella Investimentos led a BRL40m (~USD7.6m) Series A for Amicci, a Brazil-based private level developer for retailers focused on consumer products, with participation from DGF Investimentos and Endeavor Scale-Up Ventures. Read more… Read More
BTG Pactual agreed to acquire UPI Itiquira, a Brazil-based logistics terminal serving the agricultural sector, for BRL146.7m (~USD28m). Read more… Read More
Polychain Capital led a USD40m Series B for Yellow Card, a Nigeria-based cryptocurrency exchange platform, with participation from Valar Ventures, Third Prime Ventures, Sozo Ventures, Castle Island Ventures, Fabric Ventures, DG Daiwa Ventures, The Raba Partnership and others. Read more… Read More
Creaegis led a USD75m Series C for Zopper, an India-based API platform for insurance infrastructure, with participation from ICICI Venture and Bessemer Venture partners and follow-on from Blume Ventures. Read more… Read More
Anhui Transportation Zhaoshang Industry Investment Fund led a CNY2.036b (~USD291m) pre-IPO round for Fujian Deer Technology, a China-based manufacturer of electronic wet chemicals for semiconductor production, with participation from Qingchuang Bole, TuringPE, Meiya Wutong and Zhidian Network Technology, and follow-on from Triniti Capital. Read more… Read More
Chromo Invest led a BRL9m (~USD1.7m) round for Civi, a Brazil-based hyperlocal security news platform, with participation from Canary and angels David Velez (Nubank) and Guilherme Bonifácio (iFood). Separately, Canary led a USD1.1m pre-seed round for Bendo, a Mexico-based inventory and sales management platform for small merchants, with participation from… Read More
Temasek led a INR4.4b (~USD55m) round for DotPe, an India-based commerce and payments platform for enterprises, with participation from Naya Global, MUFG Bank and PayU Fintech investments and follow-on from InfoEdge Ventures. Read more… Read More
Apollo Global Management, through its affiliate Apollo Funds, agreed to provide up to USD1.5b in financing to customers of Brazil-based aerospace manufacturer Embraer. In the first transaction under the agreement, Apollo entered into a sale and leaseback agreement with Canada-based Porter Airlines for six Embraer airplanes to be delivered in… Read More
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