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Veradigm Leads USD45m Series B for Singapore’s Holmusk
Veradigm (formerly Allscripts Healthcare Solutions) led a USD45m Series B for Holmusk, a Singapore-based behavioral health records management platform, with follow-on from Heritas Capital, Health Catalyst Capital, Novartis-backed dRx Capital, Northwell Holdings and others. Read More
General Atlantic to Sell 13.6% Stake in China’s Xiabuxiabu for ~USD174m
General Atlantic agreed to sell its remaining 13.6% stake in Hong Kong-listed restaurant chain Xiabuxiabu for HKD1.4b (~USD174m). Read More
Cloudview Capital Leads ~USD791m Series B for China’s Astronergy
Cloudview Capital led a CNY1.5b (~USD791m) Series B for Astronergy, a China-based solar panel manufacturer spun out of Chint Group, with participation from Hillhouse Capital Group, China Capital Investment Group, Ori-mind Capital, Haining Jianshan New District State Investment and Yue Qing State Investment. Read More
Kayyak Ventures Leads USD10m Series A for Chile’s HealthAtom
Kayyak Ventures led a USD10m Series A for HealthAtom, a Chile-based health clinic management platform, with participation from Amador Holdings, FJ Labs, Soma Capital and Taram. Read More
INCE Capital Leads ~USD15m Series B for China’s Hypersics Semiconductor
INCE Capital led a CNY100m (~USD15m) Series B for Hypersics Semiconductor, a China-based silicon carbide substrates developer, with participation from Chuangzhi New Energy, Dayou Capital and Jiayin Fund Management. Read More
Northstar Group Reaches ~USD90m First Close for Venture Fund
Southeast Asia-focused Northstar Group reached a ~USD90m first close for its first early-stage venture fund, which was launched last year with a USD150m final target. Read More
SPE Capital Acquires Majority Stake in Tunisia’s Vital
SPE Capital, through its Africa Industrialization Fund I, acquired a majority stake in Vital, a Tunisia-based nutritional supplements producer. Read More
Latvia’s Y Combinator-backed Aerones Raises USD39m
Aerones, a Lativa-based wind turbine maintenance services provider backed by Y Combinator, raised a USD39m round from Change Ventures and others. Read more here and h Read More
India’s SarvaGram Raises USD35m Series C from Elevar Equity, Temasek and Others
SarvaGram, an India-based lending platform for rural households, raised a USD35m Series C from Elevar Equity, Temasek, Elevation Capital and TVS Capital. Read More
Brookfield Asset Management Invests in USD110m Series D for India’s SirionLabs
Brookfield Asset Management invested in SirionLabs, an India-based contract lifecycle management platform, bringing the company’s Series D to USD110m. The previously announced round was led by Partners Group with follow-on from Sequoia India and Tiger Global. Read More
China’s Sany Heavy Truck Raises ~USD145m Series A
China-based truck manufacturer Sany Heavy Truck raised a ~CNY1b (~USD145m) Series A led by Global Logistic Properties’ Hidden Hill Capital, China Merchants Capital and CMG-SDIC Capital Management with participation from Rosefinch Investment and Huaxu Fund. Read More
MBK Partners To Acquire 99.5% Stake in South Korea’s Medit for ~USD2b; Unison Capital Korea to Exit
MBK Partners agreed to acquire a 99.5% stake in Medit, a South Korea-based 3D dental scanner manufacturer, for KRW2.4t (~USD2b). The deal will facilitate an exit for Unison Capital Korea. Read More