BTG Pactual To Acquire Brazil’s UPI Itiquira for ~USD28m
BTG Pactual agreed to acquire UPI Itiquira, a Brazil-based logistics terminal serving the agricultural sector, for BRL146.7m (~USD28m). 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
Lavoro, a Brazil-based agricultural inputs retailer backed by Patria Investments, agreed to list on the Nasdaq through a SPAC merger with TPB Acquisition Corporation I, sponsored by investment holding company The Production Board (TPB), at an implied enterprise value of ~USD1.2b. The merger will include a USD180m contribution by the… Read More
AfricInvest, through its Cathay AfricInvest Innovation Fund, and Novastar Ventures led a USD10m Series A for Turaco, a Kenya-based insurance and credit solutions platform, with participation from Enza Capital, Global Partnerships, Zephyr Acorn, Operator Stack, Asi Ventures and Push Ventures. Read more… Read More
RappiPay, a Colombia-based payments platform joint venture between Rappi and Banco Davivienda, secured a USD11m syndicated credit line from Bancolombia, Banco de Bogotá, Davivienda and Itau. Read more… Read More
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