Pantera Capital Leads USD50m Series B for South Africa’s VALR

Pantera Capital led a USD50m Series B for South Africa-based cryptocurrency exchange VALR at a reported USD240m valuation, with participation from Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, GSR, Third Prime and Avon Ventures, and follow-on from Bittrex and 4Di Capital. Read more… Read More

CDC Group, Norfund and DFC Provide USD90m to AgDevCo

Africa-focused agriculture social impact investor and project developer AgDevCo secured USD90m in funding from CDC Group, Norfund and DFC. CDC and Norfund provided USD50m and USD20m, respectively, in equity, while DFC provided USD20m in senior debt. Read more… Read More

V8 Capital Leads USD40m Series A for Kenya’s MarketForce

V8 Capital Partners led a USD40m Series A for MarketForce, a Kenya-based B2B platform for retail distribution of consumer goods and digital financial services, with participation from Ten13 VC, SOSV Select Fund, Vu Ventures and Vastly Valuable Ventures, and follow-on from Reflect Ventures, Greenhouse Capital, Century Oak Capital and Remapped… Read More

GPCA Trends in Global Tech

GPCA Trends in Global Tech traces record venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central and Eastern Europe and the Middle East. With VC representing 55% of total private capital invested in these markets in 2021, this report highlights the themes investors are backing in multiple… Read More

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