Fundamentum Partnership Reaches USD227m Final Close for Second VC Fund
India-based VC firm Fundamentum Partnership reached a USD227m final close for its second fund focused on Series B and C investments in India. Read more… Read More
India-based VC firm Fundamentum Partnership reached a USD227m final close for its second fund focused on Series B and C investments in India. Read more… Read More
Qiming Venture Partners led a CNY460m (~USD67m) Series A for DeepWay, a China-based maker of EV trucks, with participation from Lenovo Capital, VLight Capital, CCB Trust, EDU Capital, Empowtech Capital, BOCOM International and Huagai Capital. Read more here and here… Read More
Andreesen Horowitz led a USD56m Series B for Ready Player Me, an Estonia-based developer of cross-game avatars for the metaverse, with participation from Endeavor, Collab Currency, Konvoy Ventures, and founders from Roblox, Twitch, King Games, Fractal and others. Read more… Read More
StepStone Group invested USD80m in Valor Capital Group’s Valor Venture Fund II through a partial fund restructuring. The fund’s portfolio is reportedly valued at USD470m. Read more… Read More
BTG Pactual agreed to invest in Brazil-based agtech Aliare and edtech Gran Cursos Online through its impacting investing fund. The investment commitments together represent 43% of corpus of the fund, which reached a BRL542m (~USD109m) final close in July 2021. Read more… Read More
B Capital led a USD20.6m Series A for Mojocare, an India-based sexual health platform, with follow-on from Chiratae Ventures, Sequoia India Surge and Better Capital. Read more… Read More
Alloy Capital provided a MXN290m (~USD14m) structured loan for Auronix, a Mexico-based CRM platform operating through instant messaging channels. Read more… Read More
Ezdehar Management acquired a 60 percent stake in Egypt-based grocery retailer Zahran Market for EGP274m (~USD14.28m). Read more here and here… Read More
Goodwater Capital, Dubai Future District Fund Rebel Fund, Trampoline Venture Partners and Zemu VC led a USD3m seed round for UAE-based startup Zywa, a teen-focused financial service platform. Read more… Read More
Sunwoda Electric Vehicle Battery Company, a subsidiary of China-listed lithium-ion battery and energy services company Sunwoda, raised a CNY6b (~USD884m) round from Broad Vision Funds, Shenzhen Capital Group, Source Code Capital and NGDF, at a reported post-investment valuation of ~CNY30b (~USD4.4b). Read more here,… Read More
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