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responsAbility Investments Reaches First Closes for Asia- and Latin America-focused Sustainable Food Funds at Combined USD274m

responsAbility Investments reached first closes for its latest funds focused on food production and distribution companies. Growth equity vehicle Sustainable Food Asia II and mezzanine fund Sustainable Food Latam reached USD173m and USD101m first closes, respectively. Read More

Intudo Ventures Leads USD12m Series B for Indonesia’s iSeller

Intudo Ventures led a USD12m Series B for iSeller, an Indonesia-based point-of-sale platform, with participation from KVision, Mandiri Capital and Openspace Ventures. The deal has facilitated iSeller’s acquisition of payment platform Yukk. Read More

AfricInvest Invests in Nigeria’s Justrite

AfricInvest, through its fourth flagship fund, invested in Nigeria-based retail chain Justrite. Read More

General Catalyst Leads USD10m Round for Brazil’s Genial Care

General Catalyst led a USD10m round for Genial Care, a Brazil-based provider of autism care services for children, with participation from Atlantico, Canary and angel investors.  Read More

BTG Pactual Leads USD30m Round for Chile’s BioElements

BTG Pactual led a USD30m round for BioElements, a Chile-based biodegradable plastic packaging manufacturer. Read More

China’s LePure Raises ~USD15m Series C Led by General Atlantic, Novo Holdings and Goldman Sachs Asset Management

LePure, a China-based bioprocess equipment developer, raised a ~CNY100m (~USD15m) Series C led by General Atlantic, Novo Holdings and Goldman Sachs Asset Management, with follow-on from Highlight Capital, Bayland Capital, HM Capital, CSTC and Huaying Health Fund.  Read More

China’s Capcon Raises ~USD50m Series B2 from Chengchuang Capital, Cowin Capital and Others

Capcon, a China-based packaging equipment manufacturer, raised a ~USD50m Series B2 from Chengchuang Capital, Cowin Capital, GL Ventures and Shang Qi Capital. Read More

Lok Capital Reaches USD90m First Close for Fund IV

Impact investor Lok Capital reached a USD90m first close for its fourth fund focused on financial inclusion in India.  Read More

Lion’s Head EIF To Provide ~USD8m Credit Facility in Mali’s SolarX

The Energy Inclusion Facility (EIF), managed by Lion’s Head Global Partners, agreed to provide a EUR7.5m (~USD8m) credit facility for SolarX, a Mali-based developer of commercial and industrial (C&I) solar power plants. Read More

Ghana’s Jetstream Africa Raises USD13m in Equity and Debt Pre-Series A

Jetstream Africa, a Ghana-based supply chain platform, raised a USD13m equity and debt pre-Series A. Cauris Management and Proparco led the debt financing, and equity investors included Octerra, Wuri Ventures, Seed9, The MBA Fund and ASCVC, with follow-on from Alitheia IDF and Golden Palm. Read More

Abris-backed Velvet CARE Acquires Poland’s Almus

Poland-based tissue producer Velvet CARE, with support from Abris Capital Partners, acquired Almus, a Poland-based paper products manufacturer. Abris acquired Velvet CARE from Avallon in 2018. Read More

General Atlantic Acquires 5.64% Stake in Indonesia’s Cimory for USD130m

General Atlantic acquired a 5.64% stake in Cimory, an Indonesia-listed producer of dairy and other food products, for USD130m. Read More