In July 2021, UAE-based cloud kitchen startup Kitopi raised a USD415m Series C led by SoftBank Vision Fund 2, at a reported valuation over USD1b, with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar. GPCA spoke with Mohamad Ballout, CEO & Co-Founder, about… Read More
Carro is a Singapore-based auto resale marketplace that raised a USD360m Series C led by SoftBank Vision Fund 2 in May 2021, with participation from MSIG, EV Growth, Provident Growth, Indies Capital, Endeavor, Ion Pacific and many other existing shareholders. SoftBank has been backing Carro since its venture capital… Read More
Representing investors across Asia, Latin America, Africa, CEE and the Middle East NEW YORK, June 29, 2021: EMPEA, the global industry association for private capital investment in Asia, Latin America, Africa, Central & Eastern Europe (CEE) and the Middle East, today announced it is now the Global… Read More
DPI has been investing growth capital in Africa since 2007. How has investor sentiment toward the region evolved since your inception and how is that reflected in your LP base? In the early 2000s, the “Africa Rising” narrative, catalyzed by high-digit growth rates and greater political and macro-economic stability across… Read More
How has the private capital landscape changed in Emerging Europe, and in Ukraine in particular, since Horizon Capital began investing in the region in 2006? Since the launch of Horizon Capital, technology has become the ultimate equalizer – eliminating borders and enabling founders from any nation to seize opportunities to… Read More
PRESS RELEASE – FOR IMMEDIATE RELEASE Contact: Olivia Weiss OWeiss@GPCapital.org | press@GPCapital.org | +1.646.315.6737 EMPEA INAUGURATES NEW ASIA HEADQUARTERS IN SINGAPORE New York, NY, 14 April 2021: EMPEA, the industry association for private capital investment in Africa, Asia, CEE, Latin America and the Middle East,… Read More
Lynk is a Hong Kong-based expert network that raised a USD24m Series B in January 2021 from Brewer Lane Ventures, MassMutual Ventures and the Alibaba Entrepreneurs Fund. Lynk connects investors and businesses with a global network of over 800,000 experts. EMPEA spoke with CEO Peggy Choi about what… Read More
Africa’s technology sector has remained a bright spot across the continent’s private-investment landscape even as the coronavirus pandemic dampened overall investment volume along with many of the region’s economies. “The bright spot of opportunity has been around e-commerce, fintech and related sectors,” said Cate Ambrose, a board member and chief… Read More
Google’s AI-focused Gradient Ventures kicked off 2021 by leading a USD15m Series B for ELSA, a Vietnam-based edtech focused on English learning, with participation from Vietnam Investments Group, SIG, Endeavor Catalyst, and Globant Ventures, and follow-on from Monk’s Hill Ventures and SOSV. EMPEA interviewed ELSA co-founder… Read More
EMPEA interviewed Carrie Chan, Co-Founder, and CEO of Avant Meats, an alt protein startup using cellular agriculture to grow premium fish, in addition to beef and other animal proteins. Founded in 2018 and based in Hong Kong, Avant Meats has raised early funding from a range… Read More
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