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Horizon Capital Reaches USD125m First Close for Ukraine-focused High-growth Tech Fund
Horizon Capital reached a USD125m first close for its Ukraine-focused fund targeting high-growth tech and export-oriented companies. Horizon Capital Growth Fund IV has a USD250m target. Read More
Vinci Partners To Acquire Minority Stake in Brazil’s Efficopar
Vinci Partners, through its impact fund Vinci Impacto e Retorno IV, agreed to acquire a minority stake in Efficopar, a Brazil-based water and sewage services company, for an undisclosed amount. Read More
BEENEXT Leads USD4m Seed Round for India’s Binocs
BEENEXT led a USD4m seed round for Binocs, an India-based crypto tax compliance platform, with participation from rkam Ventures, Accel, Saison Capital, Premji Invest, Blume Ventures and Better Capital. Read More
IvyCap Ventures Leads USD12.5m Series A for India’s Deep Rooted
IvyCap Ventures led a USD12.5m Series A for Deep Rooted, an India-based provider of direct-to-consumer fresh produce, with follow-on from Accel, Omnivore and Mayfield. Read More
Vinci Partners, XP, Genial To Acquire Brazil’s Campinas Shopping from BR Malls for ~USD80m
Vinci Partners, XP and Genial agreed to acquire Brazil-based shopping mall chain Campinas Shopping from BR Malls for BRL411.4m (~USD80m). Read More
China’s WeView Raises USD57m Led by Gaorong Capital, Green Pine Capital Partners, ZhenFund
WeView, a China-based developer of zinc-iron flow battery energy storage systems, raised a USD57m round led by Gaorong Capital, Green Pine Capital Partners and ZhenFund, with participation from Qunqing Juneng New Energy Technology and Beijing Evjade Asset Management Company. Read More
Globant Ventures invests ~USD1m in Uruguay’s Bunker DB
Globant Ventures invested ~USD1m in Bunker DB, a Uruguay-based communications and marketing automation platform for SMEs. Read More
Global Ventures, Wa’ed Ventures Lead USD10.5m Series A for Saudi Arabia’s Elevatus; Global Ventures Leads USD4.4m Seed Round for Nigeria’s Remedial Health
Global Ventures and Wa’ed Ventures led a USD10.5m Series A for Saudi Arabia-based human resources platform Elevatus with participation from otf Jasoor Ventures. Global Ventures also led a USD4.4m seed round for Remedial Health, a Nigeria-based healthtech platform for digital procurement and patient medication records, with participation from Tencent, Y Combinator, Cathexis Ventures, LightSpeed Venture Partners Scout Fund, Ventures Platform,… Read More
PTT Ventures Leads USD20m Round for Singapore’s Nutrition Technologies
PTT Ventures led a USD20m round for Nutrition Technologies, a Singapore-based biotech using black soldier flies to convert organic waste into proteins and oils, with participation from Sumitomo Corporation, ING Sustainable Investments and Mandala Capital, as well as follow-on from Openspace Ventures, SEEDs Capital and Hera Capital. Nutrition Technologies was featured in GPCA’s list of 31 Global Foodtechs to Watch.… Read More
Tower Capital Asia Reaches USD324m Final Close for Debut PE Fund
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 40% of its capital into three investments so far: Boardroom… Read More
KKR and Hero Group To Invest USD450m in India’s Hero Future Energies
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
Astella Leads ~USD7.6m Series A for Brazil’s Amicci
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