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BECO Capital Leads USD20m Series A for Jordan’s Abwaab

BECO Capital led a USD20m Series A for Jordan-based edtech Abwaab, with participation from 4DX Ventures, GSV Ventures, Watar Partners and others. Read More

A91 Partners Reaches USD550m Final Close for Fund II

A91 Partners reached a USD550m final close for its second fund. The vehicle will invest in 15 to 17 established Indian companies or those with a presence in the country in sectors including consumer goods and services, financial services, healthcare and technology. Read More

500 Global, Artesian VC, Others Invest USD2.4m Pre-Series A for Taiwan’s, a Taiwan-based AI technology company focused on fashion e-commerce, raised a USD2.4m pre-Series A led by Dr. Pehong Chen (BroadVision), with participation from 500 Global, Artesian VC, Angel To Venture Accelerator, Loyal VC and SOSV MOX. Read More

Goodwater Capital Leads USD35m Series A for Chile’s Houm

Goodwater Capital led a USD35m Series A for Houm, a Chile-based home purchase and rental marketplace with operations in Chile, Mexico and Colombia, with participation from Fifth Wall, Fen Ventures, Broadhaven and Rahul Mehta (DST Global), and follow-on from ONEVC. Read More

Chiratae Ventures and CDC Lead ~USD38m Series C for India’s Vayana Network

Chiratae Ventures and CDC Group led a ~INR2.83b (~USD38m) Series C for India-based digital trade financing network Vayana Network, with participation from Jungle Ventures, March Capital, Marshall Wace and domestic and international family offices. Read More

IDG Capital, CDH Venture and Growth Capital and CICC Capital Lead USD84m Series B for China’s Changmugu

IDG Capital, CDH Venture and Growth Capital and CICC Capital led a USD84m Series B for Changmugu, a China-based healthtech focused on orthopaedics, with follow-on from YuanBio Venture Capital. Read More

GGV and GIC Lead USD125m Series C for Mexico’s Stori

GGV and GIC led a USD125m Series C for Stori, a Mexico-based credit card issuer, with participation from General Catalyst, Goodwater Capital and Tresalia Capital, and follow-on from Lightspeed, Vision Plus Capital, BAI Capital and Source Code Capital. Stori also secured USD75m in debt financing from Community Investment Management. Read More

ADIA Leads USD1.3b Pre-IPO Round for Indonesia’s GoTo

ADIA led a USD1.3b pre-IPO round for Indonesia-based super app GoTo, with participation from Primavera Capital, Permodalan Nasional Bhd and Fidelity, and follow-on from Google, Tencent and Temasek. Read More

Jordan’s Eon Dental Raises USD26m Series B from Arab Palestinian Investment Company, otf Jasoor Ventures, Others

Jordan-based dental technology company Eon Dental raised a USD26m Series B led by a global MedTech fund together with the Arab Palestinian Investment Company, otf Jasoor Ventures, Endeavor Catalyst, Spartech Ventures and Bank al Etihad. Existing investors Hummingbird Ventures and Silicon Badia re-upped. Read More

IG4 Capital Acquires 50% of Chile’s Adelco for USD57m

IG4 Capital acquired 50% of Chile-based logistics operator Adelco for USD57m. Read More

AfricInvest, Goodwell and LUN Partners Lead USD70m Series C for MFS Africa

AfricInvest Five, Goodwell Investments and LUN Partners Group led a USD70m Series C for Ghana-based digital payments network MFS Africa, with participation from ShoreCap, CommerzVentures, Allan Gray Ventures, Endeavor Catalyst and Endeavor Harvest. The deal included a USD30m debt facility. Read More

TPG-Backed Nykaa Raises USD721m IPO

Nykaa, an Indian fashion e-commerce platform backed by TPG and others, raised ~USD721m in its IPO on the BSE and NSE. Read More