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Coatue and Insight Partners Lead USD300m Series D for Indonesia’s Xendit

Coatue and Insight Partners led a USD300m Series D for Xendit, an Indonesia-based payments infrastructure provider for businesses, with participation from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital. Read More

Alpha Dhabi Commits USD2.5b to Alpha Wave Ventures II

Abu Dhabi-listed Alpha Dhabi Holding committed USD2.5b to Alpha Wave Ventures II, a venture fund launched by Chimera Capital and Alpha Wave. The vehicle will invest in high growth, tech-enabled and tech-driven companies across AI, fintech, life sciences, consumer internet and B2B globally. Read More

500 Istanbul Invests in Turkey’s Freeflow

500 Istanbul made an undisclosed investment in Freeflow, a Turkey-based company helping crypto projects connect with blockchain developers. Read More

Cherry Ventures and Shorooq Partners Lead a USD12m Seed Round for UAE’s Pemo

Cherry Ventures and Shorooq Partners led a USD12m seed round for UAE-based fintech Pemo, with participation from FinTech Collective, Speedinvest, BY Venture Partners, Antler and angels. Read More

General Atlantic Acquires Stake in Brazil’s Locaweb

General Atlantic acquired a stake in Brazil-based web services hosting platform Locaweb via a block trade for an undisclosed amount. Read More

SPE Capital To Acquire Morocco’s Outsourcia for USD33m; AfricInvest Exits

SPE Capital, through its SPE AIF I fund, agreed to acquire Outsourcia, a Morocco-based customer experience and business process outsourcing provider, for USD33m, facilitating an exit for AfricInvest. Read More

Mithril Capital and BlackRock Invest USD110m in GreyOrange

Mithril Capital and BlackRock invested USD110m in GreyOrange, an India-founded robotics company with headquarters in Singapore and the US. Read More

Lightrock Reaches USD300m Final Close for LatAm Growth Fund

Lightrock reached a USD300m final close for its Latin America-focused growth equity fund. Read More

IDB Invest and Blue Like an Orange Invest USD22m in Colombia’s Merqueo

IDB Invest and Blue Like an Orange invested USD22m in Colombian grocery delivery platform Merqueo. Read More

Grupo Procaps To Acquire Mexico’s Grupo Somar From Advent

Grupo Procaps agreed to acquire Mexico-based integrated pharma company Grupo Somar from Advent International for an undisclosed amount. Read More

Insight Partners leads USD46m Series B for Egypt’s Instabug

Insight Partners led a USD46m Series B for Instabug, an Egypt-founded bug reporting platform for mobile developers, with participation from Forgepoint Capital and Endeavor, and follow-on from Accel. Read More

Multiples-led Consortium Invests USD88m in India’s BDR Pharma

A consortium of investors led by Multiples Alternate Asset Management and including Times Group and QRG Invest acquired a 9.3% stake in India-based active pharmaceuticals ingredients company BDR Pharmaceuticals International for ~USD88m. Read More