CVC Capital Partners Reaches USD4.5b Final Close for Asia Pacific Fund V
Global private equity firm CVC Capital Partners has reached a USD4.5b final close for its fifth Asia Pacific fund, surpassing its initial target of USD4b. Read more… Read More
Utrust VC, Forebright Capital, and Walden International Lead ~USD141m Investment in Chinese AI Developer Intellifusion
Chinese AI technology developer Intellifusion has secured nearly USD141m in a pre-IPO round led by Utrust VC, Forebright Capital, and existing investor Walden International. Other investors in the round include CCB International, BOCOM International, BOC & Trust Private Equity Fund, Topping Capital, Tsinghua Holdings Capital, HCSD Capital, Sino-US… Read More
Raed Ventures Leads USD6.6m Series A for Saudi Digital B2B Marketplace Sary
MENA-focused venture capital firm Raed Ventures led a USD6.6m Series A for Saudi Arabia-based digital B2B marketplace Sary, with participation from MSA Capital and Derayah Ventures. Read more… Read More
Lightbox Ventures Leads USD10m Debt and Equity Investment in Indian Furniture Rental Startup Furlenco
VC firm Lightbox Ventures led a USD10m debt and equity financing round for India-based furniture rental startup Furlenco. Lightbox and Dabur scion Saket Burman, who invested through his personal investment arm Chowdry Associates, provided equity financing. A group of ultra-high-net-worth individuals including Kris Gopalakrishnan, former CEO of Infosys,… Read More
Openspace Ventures and Intudo Ventures Lead USD17m Series A+ for Indonesian Agtech TaniHub
Openspace Ventures and Intudo Ventures co-led a USD17m Series A+ for Indonesia-based agtech TaniHub, with participation from UOB Venture Management, Vertex Ventures, BRI Ventures, Golden Gate Ventures, and Tenaya Capital. Read more… Read More
LeapFrog Leads USD55m Series D for Indian Genetic Diagnostics Company MedGenome, Sofina and Sequoia Join
Emerging markets impact investor LeapFrog Investments led a USD55m Series D for India-based genetic diagnostics firm MedGenome, with participation from existing investors Sofina and Sequoia Capital. Read more… Read More
Adenia Partners Exits Mauritian Paint Manufacturer Mauvilac via Sale to AkzoNobel
Africa-focused private equity fund manager Adenia Partners has completed the sale of its 95% stake in Mauritian paint and coatings manufacturer Mauvilac to paint manufacturer AkzoNobel. Read more… Read More
Hillhouse Leads USD1b Series F for Chinese Edtech Yuanfudao
China-focused private equity fund manager Hillhouse Capital led a USD1b Series F for Chinese edtech Yuanfudao, with participation from Boyu Capital as well as existing investors Tencent and IDG Capital. The funding increases Yuanfudao’s reported valuation to USD7.8b. Read more… Read More
NextEnergy Acquires Solar Plant in Mexico
Solar sector specialist asset manager NextEnergy Capital has acquired the first phase of a 108MW solar project in Mexico through NextPower III. This transaction is NextEnergy’s first acquisition in Mexico. Read more… Read More
Alta Growth Capital Sells Stakes in Three Mexican Hospitals to RAG Capital Partners for USD6.2m
Mexico-focused private equity fund manager Alta Growth Capital has sold 50% of its interest in three Mexican hospitals to RAG Capital Partners for MXN150m (USD6.2m). Read more… Read More
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