CICC Capital, Lyzz Capital, CITIC Securities Investment, and Huge Capital led a CNY1.13b (approximately USD160m) series C for China-based drug developer Mabworks, with participation from SDIC Fund, Lake Bleu Capital, BoCom International, Beijing E-Town International Investment & Development, Sealand Innovation, and Yuexiu Enterprises. Read more… Read More
Alitheia IDF, a joint venture fund between Nigeria-based Alitheia Capital and South Africa-based IDF Capital, has reached a USD75m second close. The vehicle targets women-led SMEs in high growth sectors in Africa. Read more… Read More
Russia- and CIS-focused private equity fund manager Baring Vostok Capital Partners has acquired a minority stake in Russia-based eco-friendly detergents and cosmetics manufacturer Synergetic for an undisclosed amount. Read more… Read More
China-focused private equity fund manager Hillhouse Capital, CPE, Lake Bleu Capital, Gamnat, China Reform Conson Soochow Overseas Fund I, Gortune Artemis Limited, and 3H Health Investment Fund have invested USD130m in MicroPort CardioFlow Medtech, a subsidiary of Hong Kong-listed medical device developer MicroPort Scientific Corporation, for a combined… Read More
Keppel Capital, the asset management arm of Singapore’s Keppel Corporation, has reached a USD570m second close for its infrastructure private equity fund, Keppel Asia Infrastructure Fund, targeting USD1b. The Asian Infrastructure Investment Bank (AIIB) committed USD100m to the fund, with a co-investment sleeve of up to USD50m. Read More
Lightspeed Venture Partners led a USD20m series B for India-based AI platform Yellow Messenger. Lightspeed previously led the company’s Series A. Read more… Read More
General Atlantic has made a USD29m follow-on investment in India-based online real estate rental startup NoBroker. This is the third investment General Atlantic has made in the company. Read more… Read More
Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan Board (OTPP) have finalized the purchase of 40% of the shares of Mexican infrastructure operator Impulsora del Desarrollo y el Empleo en América Latina (IDEAL). Read more… Read More
Private equity firm Evolvere Capital has acquired Colombia-based dental clinic network Dentix Colombia for an undisclosed amount. Read more… Read More
US-based venture capital firm Paladin Capital Group led a EUR1.9m (approximately USD2m) seed investment for Estonia-based serverless application troubleshooting company Dashbird. Read more… Read More
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