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Tiger Global Leads USD235m Series D for Chilean Foodtech NotCo

Tiger Global led a USD235m Series D for Chile-based foodtech NotCo, with participation from DFJ Growth Fund, ZOMA Lab and athletes Lewis Hamilton and Roger Federer, at a reported USD1.5b valuation. Read More

Ninety One’s EAIF Lends ~USD29.5m to Ivoire Hydro Energy Project

Ninety One’s EAIF agreed to provide EUR25m (~USD29.5m) in financing to Ivoire Hydro Energy to build a 44MW hydro electricity generation plant in Côte d’Ivoire. Read More

Stonepeak to Acquire Lumen’s Latin American Business for USD2.7b

Stonepeak agreed to acquire the Latin American operations of Lumen Technologies for USD2.7b. Read More

Alloy Merchant Finance to Invest Up to ~USD9.9m in Mexico’s Podemos Progresar

Alloy Merchant Finance agreed to invest up to MXN200m (~USD9.9m) in Podemos Progresar, a Mexico-based microfinance company, through a structured loan. Read More

TPG- and KKR-Backed PropertyGuru to Go Public via SPAC

PropertyGuru, a Singapore-based proptech backed by TPG Capital and KKR, agreed to go public via a merger with SPAC Bridgetown 2 Holdings. The deal will include a USD100m PIPE from investors including Baillie Gifford, Naya, REA Group, Akaris Global Partners and a Malaysian asset manager. Read More

I Squared Acquires 78% Stake in Colombia’s Sociedad Portuaria Regional de Barranquilla for USD220m

I Squared Capital acquired a ~78% stake in Colombia-based port operator Sociedad Portuaria Regional de Barranquilla for a reported USD220m, facilitating an exit for Chile-based Southern Cross Group. Read More

CrossBoundary, Oikocredit, Triodos and EDFI ElectriFI Provide Financing to Africa’s PowerGen

CrossBoundary Energy Access, Oikocredit, Triodos Investment Management and EDFI ElectriFI provided project financing to PowerGen, a developer of on-grid and off-grid distributed energy in Africa, to support the construction of mini-grids in rural Nigeria. Read More

Oria Capital-Backed Zenvia Raises USD150m in Nasdaq IPO

Zenvia, a Brazil-based CPaaS backed by Oria Capital, raised USD150m in its IPO on the Nasdaq. Read More

Convergence Partners Reaches USD120m First Close for Digital Infrastructure Fund

Convergence Partners reached a USD120m first close for its Convergence Partners Digital Infrastructure Fund. The vehicle has a target size of USD250m and will invest in the digital infrastructure ecosystem in Africa, specifically in fiber, wireless, data centers and towers, as well as 5G, cloud, IoT, AI, fintech and network virtualization. Read More

SoftBank Leads USD35m Series B for Brazilian Telematics Platform Cobli

SoftBank led a USD35m Series B for Cobli, a Brazil-based telematics and fleet management SaaS platform, with participation from Qualcomm Ventures and follow-on from NXTP, Valor Capital Group, Fifth Wall Ventures and Valor Capital Group. Read More

Presight Capital and Kingsway Capital Lead USD30m Series A for Mexican E-Commerce Holding Company Valoreo

Presight Capital and Kingsway Capital led a USD30m Series A for Valoreo, a Mexico-based e-commerce holding company specialized in acquiring, operating and scaling Latin America-focused businesses under the Fulfillment by Amazon (FBA) business model, with follow-on from KASZEK, Upper90 and FJ Labs. Read More

Drive Capital Leads USD24m Series B for Armenian Edtech Sololearn

Drive Capital led a USD24m Series B for Sololearn, an Armenia-founded mobile-first learning platform for coding, with follow-on from Learn Capital and Prosus Ventures. Read More