22 April 2026
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GPCA EVENTS

GPC Conference: Three Weeks Away

11-13 May 2026 | New York

Day three of the GPC Conference kicks off with actor and investor Boris Kodjoe and investors from Sony Ventures and IFC on the investment opportunity in film and other creative industries in Africa.

Backing Films and Entertainment in Africa

Antonio Avitabile

Managing Director,
Sony Ventures

Boris Kodjoe

Co-Founder,
Full Circle Africa

Mohamed Eissa

Global Head & CIO of

Venture Capital,

IFC

Blockbuster Sports: IPL’s Rajasthan Royals

Shaun Khubchandani

Partner & Co-Head of Emerging Markets,
Siguler Guff

Teddy Kleinman

Vice President,

The Raine Group

Participating LPs:

ADB

ALTÉRRA
APG Asset Management
Asia Alternatives
BII

CAF

Calvert Impact

Cambridge Associates
CalSTRS

Church Pension Fund

Cleveland Clinic

DEG

EBRD

Fin Dev Canada
Future Fund

IFC

KfW

La Caisse

MetLife

Proparco

Prudential

SIFEM
StepStone Group
Summation Capital
Temasek
TMRS

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GPCA LEADERSHIP COUNCILS

GPCA Energy Council Meeting: Key Takeaways

GPCA's Energy Council convened recently, led by Council Chair Lucy Heintz of Actis. Highlights of the discussion include:

Geopolitical instability has shifted the focus from pure decarbonization to energy security. Asian markets are increasingly adopting a "barbell strategy" — balancing essential coal-fired power with accelerated renewable investment to reduce reliance on vulnerable Middle Eastern energy corridors.
Despite currency and public market fluctuations, long-term infrastructure remains a priority for LPs seeking to diversify away from conflict-exposed zones and US concentration. Latin America and Southeast Asia are emerging as key beneficiaries due to high demand for grid resiliency and sustainable projects.
While AI-driven power demand is reshaping the US market, it remains a secondary factor in growth markets. Current demand in these regions is primarily fueled by cloud migration, market liberalization and corporate PPAs rather than AI-specific data center scaling.

VIEW ENERGY COUNCIL

GPCA RESEARCH

2026 Trends in Global Tech: Private Credit Investment in Tech Reaches Record

GPCA’s report tracks who’s raising capital, what’s getting funded and where tech investment is moving across Africa, India, China, Southeast Asia, Latin America, CEE and the Middle East. In addition to venture capital, it examines the growing role of private credit, private equity and digital infrastructure in helping tech-enabled companies gain traction and scale globally.

Private Credit Tech Investment in GPCA Markets, 2018-2025

Key takeaways:

Private credit investment in tech reached a record USD5.9b in 2025, becoming a growth engine for capital-intensive fintech companies and stepping into gaps left by regional banks.
Investors deployed a record USD3b into startups outside of financial services in 2025.

GPCA Members can log in to download the accompanying Data Pack, which includes disclosed investments over USD20m (sortable by tech vertical and HQ), VC fundraising and disclosed fund closes by region and exit breakdowns by geography.

Explore more private credit trends in GPCA's Private Capital Outlook: Assessing Opportunities Beyond the US report.

ACCESS REPORT

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INVESTMENTS

► GL Ventures, HongShan and Meituan led a USD455m pre-Series A for China-based TARS, a China-based embodied AI and robotics company. #Asia

► Bicycle Capital led a USD405m Series C for Mexico-based fintech Plata, with participation from Qatar Investment Authority, BTG Pactual, Valor Capital and others. #LatinAmerica

► Motilal Oswal Alternates, Hornbill Capital and MUFG-backed Dragon Funds led a USD280m Series E for KreditBee, an India-based digital lending platform. #Asia

► Everstone Capital invested USD270m for a significant stake in India-based Apothecon Group and its US affiliate Navinta, a specialty pharmaceutical platform focused on regulated markets. #Asia

► Walden International, Cowin Capital, Oriza Rivertown and China Fortune-Tech Capital led a RMB1b (~USD146.7m) investment in China-based PXSemi, a semiconductor manufacturing software provider. #Asia

► Permira invested USD100m in India-based SILA, a tech-enabled business services platform focused on integrated facilities management and real estate services. #Asia

► British International Investment invested INR7.1b (~USD80m) in Polaris Smart Metering, an India-based smart metering and digital energy infrastructure company, to support the deployment of over 2.2 million smart meters in West Bengal. #Asia

► Kholo Capital and Tensai Private Equity provided ZAR275m (~USD16.4m) in mezzanine debt financing to support the management buyout of South Africa-based Isambane Mining. #Africa

► Primavera Venture Partners and Fortune Venture Capital led a ~USD14m pre-Series A for Dexcel Robotics, a China-based developer of dexterous robot hands for embodied intelligence applications, joined by INCE Capital and HightLighti. #Asia

► Finnfund agreed to provide a USD15m loan to Toucan Forestal, a Panama-based forestry company managed by The Rohatyn Group. #LatinAmerica

► AgDevCo invested USD15m in Victory Group, an East Africa-based tilapia producer expanding aquaculture operations in Kenya and Rwanda. #Africa

► Flashpoint led a USD7m investment in INXY, a Poland-based payment infrastructure provider. #CEE

► Indonesia-based supply chain platform Baskit raised a USD4.4m Series A led by Cento Ventures. #Asia

► TLG Capital provided a USD5m debt facility to Zambia-based SME lender Shona Capital to support expansion of its SME lending operations. #Africa

► Transition VC led a ~USD2.7m investment in India-based WorkOnGrid, an AI-native operations intelligence platform for utilities, with participation from Indian Angel Network. #Asia

► Golden Gate Ventures led a USD1.7m pre-seed round for Singapore-based AI cloud infrastructure startup OrtCloud, with participation from Antler. #Asia

► Acumen invested in Uganda-based Mountain Harvest, a specialty coffee company working with smallholder farmers to build climate-resilient and higher-value agricultural supply chains. #Africa

FUNDRAISING

► EQT reached a final close for BPEA IX with USD15.6b in commitments. The fund will target opportunities across Asia-Pacific. #Asia

► Luminous Ventures secured RMB5b (~USD733m) in commitments for its latest dual-currency early-stage funds, targeting investments in technology and innovation-driven startups in China. #Asia

► Lanchi Ventures reached a USD560m final close for its fourth dual-currency fund focused on early-stage investments in artificial intelligence, hard tech and brain-computer interface technologies across China. #Asia

► BTG Pactual reached a USD370m first close for a new fund under its Latin America timberland platform. #LatinAmerica

► Green Climate Fund approved a commitment of up to USD34m for EcoEnterprises Fund's fourth fund. #LatinAmerica

► Homegrown Ventures reached a USD22.8m final close for its debut fund focused on consumer brands across the MENA region. #MiddleEast

► Endeavor South Africa reached a ~USD13.6m final close for its Harvest Fund III co-investment vehicle focused on growth-stage technology companies across South Africa. #Africa