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Adenia Acquires Majority Stake in South Africa’s Enfin
Adenia acquired a majority stake in Enfin, a South Africa-based solar financing solutions provider. Read More
LeapFrog Raises Significant Share for Emerging Consumer Fund IV
LeapFrog Investments raised a significant share for its fourth Emerging Consumer Fund focusing on financial services and healthcare businesses in global growth markets. The vehicle has a USD1b target set to close 29 February 2024. Read More
Singapore’s Rainforest Raises USD21.5m from Monk’s Hill Ventures, January Capital and Others
Singapore-based e-commerce brand aggregator Rainforest raised USD21.5m in convertible notes from Monk’s Hill Ventures, January Capital, Insignia Ventures Partners, Canopy Tropics and others. Read More
AIIM Invests Additional USD90m in South Africa’s NOA
African Infrastructure Investment Managers (AIIM) invested an additional USD90m in South Africa-based renewable energy platform NOA Group Holdings. AIIM first invested USD90m in November 2022. Read More
Monk’s Hill Ventures Leads Series A for Indonesia’s DELOS
Monk’s Hill Ventures led a Series A for DELOS, an Indonesia-based aquaculture-tech company. Read More
Warburg Pincus Leads USD100m Round for Lithuania’s Nord Security
Warburg Pincus led a USD100m round for Nord Security, a Lithuania-based cybersecurity provider, with follow-on from Novator Ventures and Burda Principal Investments. The company was valued at USD3b. Read More
Aqua Capital Invests in Brazil’s Exata
Aqua Capital invested in Exata, a Brazil-based regenerative agriculture platform focused on the soil health and plant testing lab market. Read More
Gulf Capital Exits UAE’s Metito
Gulf Capital fully exited Metito, a UAE-based provider of intelligent water management solutions, through a sale to Alpha Dhabi Holding. Read More
Kotak Invests ~USD72.2m in India’s Sify Technologies
Kotak Alternate Asset Managers invested an additional INR6b (~USD72.2m) in India-based data center service provider Sify Infinit Spaces, a wholly-owned subsidiary of Sify Technologies. Kotak Special Situations Fund first invested INR10b (~USD133.2m) in November 2021. Read More
Metier Reaches USD182m+ First Close for Capital Growth Fund III
Metier reached a USD182m+ first close for its third capital growth fund focused on equity-related investments in mid-market companies in Sub-Saharan Africa. The vehicle has a USD200m target. Read More
Singapore’s Bolttech Recieves USD50m Series B+ from Leapfrog Investments
Singapore-based insurtech platform Bolttech received a USD50m Series B+ from Leapfrog Investments. Read More
Indonesia’s Bababos Raises USD3m Seed Round
Bababos, an Indonesia-based raw material procurement service provider, raised a USD3m seed round from East Ventures, Patamar Capital and Accion Venture Lab. Read More