Industry Newsroom
Industry News
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IDB Commits Combined USD30m to Vinci and HMC Funds
Posted On: 01/07/2021 | Source(s): IDB Invest
IDB Invest has agreed to commit a combined USD30m to funds managed by Vinci Partners and HMC Capital. IDB agreed to invest up to USD10m in Vinci Impact and Return Fund IV, a fund targeting investments in SMEs across the education,...Learn More
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OP Finnfund Global Impact Fund I Reaches USD166m Second Close
Posted On: 01/07/2021 | Source(s): Finnfund
OP Finnfund Global Impact Fund I has reached a EUR135m (approximately USD166m) second close. The impact vehicle, which targets investments in emerging markets across renewable energy, financial institutions, and sustainable...Learn More
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SoftBank and Dynamo Lead USD190m Series E for Brazilian Online Marketplace MadeiraMadeira
Posted On: 01/07/2021 | Source(s): TechCrunch
SoftBank and Dynamo led a USD190m Series E for MadeiraMadeira, a Brazil-based online marketplace that specializes in home products, with follow-on from Flybridge, monashees, Velt, Brasil Capital, and Lakewood. With the latest...Learn More
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Omnivore Invests Seed Round for Indian Agtech Agri10x
Posted On: 01/07/2021 | Source(s): VCCircle
Omnivore has invested an undisclosed seed round for Agri10x, an India-based agtech that operates a blockchain-based marketplace connecting farmers and buyers. Learn More
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Actis Exits Stake in Nigerian Marine Logistics Company C&I Leasing to Peace Mass Transit
Posted On: 01/07/2021 | Source(s): C&I Leasing
Actis has exited its stake in C&I Leasing, a Nigeria-based company offering fleet management, outsourcing, and marine services, via a trade sale to Peace Mass Transit. Learn More
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Lightspeed VP, Tencent, DST Global, GGV Capital, and Altimeter Capital Invest USD280m in Indian B2B Marketplace Udaan
Posted On: 01/07/2021 | Source(s): AVCJ
Existing investors Lightspeed Venture Partners, Tencent Holdings, DST Global, GGV Capital, and Altimeter Capital, and new investors Octahedron Capital and Moonstone Capital have invested USD280m in India-based B2B e-commerce firm...Learn More
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Access Bridge Ventures Reaches First Close for MENA VC Fund
Posted On: 01/06/2021 | Source(s): Access Bridge Ventures
Access Bridge Ventures has reached an undisclosed first close for its debut fund. The vehicle, which aims to raise USD25m, will invest in high-growth tech startups from Saudi Arabia, UAE, Egypt, Pakistan, and the wider MENA region. Learn More
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CITIC PE, CICC, and Primavera Lead USD279m Series C for Chinese AI Chip Designer Enflame
Posted On: 01/06/2021 | Source(s): AVCJ
CITIC PE, CICC Capital, and Primavera Capital led a CNY1.8b (approximately USD279m) Series C for China-based AI chip designer Enflame Technology, with follow-on from Tencent Holdings, Summitview Capital, and Redpoint Ventures China. Learn More
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Openspace Ventures, Northstar, Alpha JWC, and Others Invest Pre-Series B for Indonesian Edtech Zenius
Posted On: 01/06/2021 | Source(s): DealStreetAsia
New investors Openspace Ventures and Alpha JWC Ventures and existing investors the Northstar Group, Kinesys, and BeeNext have invested an undisclosed pre-Series B round for Indonesia-based edtech Zenius Education. Learn More
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Endiya Partners Reaches USD75m Final Close for India VC Fund
Posted On: 01/06/2021 | Source(s): DealStreetAsia
Endiya Partners has reached a INR5b (approximately USD75m) final close for its second fund. The vehicle will make early-stage investments in startups in the consumer internet services, health care, SaaS, and financial technology...Learn More
