Lilly Asia Ventures and ARCH Venture Partners led a USD100m Series A for SciNeuro Pharmaceuticals, a China- and US-based drug developer specializing in treatments for central nervous system disorders, with participation from Boyu Capital, General Atlantic, Sequoia Capital China, TF Capital, and Zoo Capital. Read more… Read More
Investisseurs & Partenaires (I&P), through its fund I&P Afrique Entrepreneurs 2, has invested in an undisclosed pre-Series A for Ivory Coast-based mobile video content startup StarNews. Read more… Read More
Helios Investment Partners has acquired a 35% stake in the Moroccan subsidiary of Turkey-based discount grocery retailer BIM at a reported USD200m valuation. Read more… Read More
CLSA Capital Partners has closed its maiden private debt fund, Lending Ark Asia Secured Private Debt, at USD226m. The fund targets Asia and is to be managed by a joint venture between Lending Ark Asia’s principals, Messrs Gregory Park and Carol Lee Park, and CLSA Capital. Read… Read More
Asia Partners led a USD30m Series D for Malaysia-based used car marketplace Carsome, with participation from existing investors Burda Principal Investments and Ondine Capital. Read more… Read More
KaszeK Ventures and QED Investors led a USD62m Series B for Mexico-based crypto platform Bitso, with follow-on from Coinbase Ventures and Pantera Capital. Read more… Read More
I Squared Capital, through its ISQ Global Infrastructure Fund II, has acquired and merged InfoFabrica and Cloud Kinetics, two Singapore-based cloud migration services companies, as part of a new Asian Digital Infrastructure platform. Read more… Read More
Temasek has invested USD20m in Conductor, a Brazilian payment processing platform and banking as a service company, bringing the company’s latest round of fundraising to USD170m. Viking Global Investors previously led a USD150m investment in Conductor in October 2020. Read more… Read More
Target Global and Palta led a USD5m Series A for Cyprus-based nutrition platform Simple, with participation from S16 Angel Fund and Supernova. Read more… Read More
IDB Invest and Blue Like an Orange have provided USD35m and USD15m, respectively, in mezzanine financing to Panama-based hospitality startup Selina to support the continuity of its expansion plans in Latin America and the Caribbean. Read more… Read More
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