Jive Gestão de Recursos reached a BRL2.2b (approximately USD373m) first close for its third fund, CSHG JIVE Distressed III FIC-FIM CP, which focuses on distressed assets in Brazil. Read more… Read More
Google’s AI-focused venture fund Gradient Ventures led a USD14m Series A for Mexico-based challenger bank Fondeadora, with participation from Y Combinator, Scott Belsky, Sound Ventures, Fintech Collective, and Ignia Partners. Read more… Read More
SP Ventures has reached a USD17.2m first close for its Latin America-focused agrifoodtech fund. The vehicle, which targets USD50m, counts Syngenta Ventures and BASF among its investors. Read more… Read More
DST Global has invested USD122m in the ongoing Series F for India-based edtech Byju’s for a 1.2% stake in the company. Read more… Read More
KKR led a USD150m Series E1 for China-based edtech Huohua Siwei, with follow-on from existing investors GGV Capital, GSR Ventures, Sequoia Capital China, IDG Capital, and Longfor Capital. Read more… Read More
Redpoint eventures led a BRL28m (approximately USD5m) investment round for Brazil-based AI startup CyberLabs for an undisclosed stake in the company. Read more… Read More
Insight Partners led a USD118m Series B for Argentina-based visual collaboration platform MURAL, with participation from Tiger Global, Slack Fund, World Innovation Lab, and existing investor Gradient Ventures. Qualtrics CEO and co-founder Ryan Smith, AthenePartners CEO Bill Veghte, and former Gainsight COO Allison Pickens also took part in… Read More
I Squared Capital has exited Orazul Energy Perú, owner of companies Etenorte and Eteselva, which operate six transmission lines in Peru, via a USD158.5m sale to ISA Group. Read more… Read More
Hanh & Company has agreed to acquire the in-flight catering and duty-free businesses of Korean Air for KRW990b (approximately USD835m). Read more… Read More
South Korea-based life insurer Hanwha Life Insurance has committed USD400m to KKR Asian Fund IV. The vehicle, which targets USD12.5b and has reportedly received USD12b in commitments to date, will make pan-Asia investments with a focus on control buyout transactions. Read more… Read More
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