Saudi Technology Ventures (STV) and Middle East Venture Partners (MEVP) co-led a USD18m Series B for Saudi Arabia-based online grocery marketplace Nana. Wamda Capital, Watar Partners, Saudi Venture Capital Company, as well as existing angel investors, participated in the round. Read more… Read More
Brazil-focused special situations fund manager IG4 Capital Partners has reached a USD231.5m final close for its Private Equity Fund II. IG4 has also raised additional co-investment commitments for the recently created IG4 Capital Infrastructure Investments platform that will target infrastructure and logistics assets in the Andean Region. Read More
Southeast Asia-focused private equity firm Provident Growth led a USD20m Series B for Cyber Security Startup Horangi, with participation from Monk’s Hill Ventures, Australian VC Right Click Capital, and venture debt fund Genesis Alternative Ventures. Read more… Read More
South African fund of funds 27four Investment Managers has reached a USD40m second close for its Black Business Growth Fund II with commitments from the Consolidated Retirement Fund for Local Government and the Rand Water Provident Fund, as well as further capital from the Jobs Fund. Read… Read More
The Southeast Europe Equity Fund II, managed by global SME-focused impact investing firm SEAF, has completed the sale of Albanian cable operator ABCom to Vodafone Albania. Details of the transaction were not disclosed. Read more… Read More
Global Founders Capital, Latin American VC KaszeK Ventures, and Brazilian VC Canary led a USD10m Series A for Brazilian dental startup SouSmile. Read more… Read More
Venture capital fund manager Middle East Venture Partners (MEVP) led a USD1.4m investment in Dubai-based fintech Rise, with participation from Dubai International Financial Center (DIFC) Fintech Fund, 500 Startups, Saudi’s Khwarizmi Ventures, and Phoenician Funds. Read more… Read More
Singaporean sovereign wealth fund Temasek led a USD109m Series D2 for Indian health and fitness startup CureFit, with participation from Chiratae Ventures and Accel Partners, with follow-on from Castle Investments, Unilever Swiss Holdings, Pathiti Investment Trust, and Epiq Capital. New investors GableHorn Investments and Ascent Capital also contributed to the… Read More
Sequoia Capital China has completed a CNY1.2b (approximately USD171m) investment in Chinese dairy product manufacturer Junlebao for a 15.7% stake in the company. Read more… Read More
Ninety One, formerly known as Investec Asset Management, has completed its demerger from Investec Group and is now dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange. Investec retains a 25% stake in the company. Read more… Read More
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