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Beyond Capital Ventures Leads USD2m Round for Uganda’s XENO

Beyond Capital Ventures led a USD2m seed round for XENO, a Uganda-based investment management platform.  Read More

Uncorrelated Ventures, Abstract Ventures and Fasanara Capital Lead USD70m Series C for Singapore’s Stashfin

Stashfin, a Singapore-based neobank serving customers in India, raised a USD70m Series C with an additional USD200m in debt financing. Uncorrelated Ventures, Abstract Ventures and Fasanara Capital led, with follow-on from Tencent, Altara Ventures, Kravis Investment Partners and Snow Leopard. Read More

WestBridge Capital Leads USD153m Series C for India’s LeadSquared

WestBridge Capital led a USD153m Series C for LeadSquared, an India-based SaaS CRM platform, with follow-on from Gaja Capital and other investors, at a reported USD1b valuation. Read more here and h Read More

Accel Reaches USD4b Final Close for Late-stage Global Fund

Accel reached a USD4b final close for its latest global late-stage VC fund. This will provide expansion capital to promising companies within their own portfolio worldwide, as well as to aspiring companies that are new to the Accel family. Read More

ARCH EM, Bank of America and Microsoft Climate Innovation Fund Commit USD25m To Africa’s CrossBoundary Energy Access

ARCH Emerging Markets Partners, Bank of America and Microsoft Climate Innovation Fund committed USD25m to CrossBoundary Energy Access (CBEA), an Africa-based solar powered mini-grid project financing facility. CBEA also received an additional USD25m debt commitment. Read More

Agency for Innovation and Digital Development and Pasha Holding Commit ~USD2.9m To Launch ~USD6.6m Azerbaijan VC Fund

Agency for Innovation and Digital Development and Pasha Holding committed~USD2.9m (AZN5m) to launch a ~USD6.6m (AZN11.3m) Azerbaijan-focused venture capital fund. Individual investors also contributed ~USD764k (AZN1.3m). Read More

Tiger Global Leads USD6m Seed Round for Colombia’s Mono

Tiger Global led a USD6m seed round for Mono, a Colombia-based digital debit card issuer, with participation from Soma Capital and YC. Read More

LGT Capital Partners Reaches USD550m Final Close for Debut Impact-focused PE Fund

LGT Capital Partners reached a USD550m final close for Crown Impact, its debut impact-focused private equity fund. The fund will focus on co-investments, as well as primary and secondary fund commitments, across three impact themes: climate, inclusive growth and healthcare. Read More

Alpha Wave Global Leads USD40m Series B for India’s FanClash

Alpha Wave Global led a USD40m Series B for India-based e-sports platform FanClash, with participation from Sequoia Capital India, Info Edge and Polygon. Read More

Patria Acquires Brazil’s Avenida for ~USD59.3m

Patria acquired Brazil-based supermarket retailer Avenida for ~USD59.5m (BRL300m). Read More

India’s Shiprocket Acquires Pickrr for USD200m

India-based e-commerce shipping platform Shiprocket acquired Pickrr, an e-commerce platform for D2C brands and small retailers, for USD200m. Pickrr is backed by IIFL, Amicus Capital, Ananta Capital, Omidyar and Guild Capital. Read More

GGV Capital, Asia Investment Capital and Goldman Sachs Lead USD300m Series C for China’s MegaRobo

GGV Capital, Asia Investment Capital and Goldman Sachs led a USD300m Series C for MegaRobo, a China-based developer of life sciences robots, with follow-on from Sinovation Ventures, Pavilion Capital and Starr Capital.  Read More