INVESTMENTS
► India-based e-commerce platform Meesho raised USD550m from Tiger Global, Think Investments, Mars Growth Capital and others. #Asia
► Golden Gate Ventures invested in a pre-Series A+ for BioSapien, a UAE-based drug delivery platform for cancer treatment. #MiddleEast
► The National Manufacturing Transformation and Upgrading Fund led a CNY1b (~USD137.5m) Series C for Inventchip Technology, a China-based provider of silicon carbide power devices and integrated circuit solutions, with participation from CICC Capital, as well as follow-on from Goldstone Investment and others. #Asia
► India-based construction solutions provider Infra.Market raised a USD121m pre-IPO round from Tiger Global, Capri Global, Evolvence and others. #Asia
► China-based AI clinical imaging services provider Deepwise raised a CNY500m (~USD69m) round from Legend Capital and others. #Asia
► Verdant Capital Hybrid Fund invested USD2m in USPlus, a South Africa-based financial solutions provider for SMEs. #Africa
► Northstar Group invested USD1.5m in Orange Dental, an Indonesia-based dental clinic chain. #Asia
► Perfin Infra agreed to invest BRL450m (~USD77m) in VirtuGNL, a Brazil-based company focused on replacing diesel with liquefied natural gas. #LatinAmerica
► monashees and Connect Ventures led a USD40m Series A for Music.ai, a Brazil-based music platform, with participation from Kickstart, Samsung Next, Toba Capital, Valutia, Pelion, Mindset Ventures and others. #LatinAmerica
► Turbi, a Brazil-based car rental platform, raised a BRL72m (~USD12.3m) Series D from undisclosed investors. #LatinAmerica
► Headline Asia led a USD10m Series A for iMotorbike, a Malaysia-based used motorbike retailer, with participation from Endeavor Catalyst, 500 Global, Gobi Partners and others. #Asia
► Oui Capital led a USD3.5m seed round for Cauridor, a Guinea-based cross-border payments platform, with participation from Rally Cap, BKR Capital and angel investors. #Africa
FUNDRAISING
► British International Investment agreed to provide GBP50m (~USD62m) in concessionary capital to back private capital fund managers investing in climate-related projects in emerging economies. #Global
► Proparco invested USD10m in AfricInvest’s Small Cap Fund, focused on investing in SMEs in the education, health and agribusiness sectors across Africa. #Africa
► Creador reached a USD930m close for its sixth fund focused on investing in retail, healthcare, financial services, business services and manufacturing in India and Southeast Asia. The vehicle exceeded its USD750m target. #Asia
► CDH Investments reached a CNY1b (~USD136.7m) first close for its second mezzanine fund focused on investing in data centers in China. #Asia
► Ascertis Credit reached a INR1b (~USD115.6m) final close for its India-focused Select Short Term Income Fund – I. The vehicle exceeded its INR750m target. #Asia
► Singapore-based Elev8.vc reached a USD30m close for its fund focused on early-stage deep tech startups in Asia, Europe and North America. #Asia
► Ceniarth committed USD10m to Deetken Impact's Ilu Women’s Empowerment Fund focused on investing in Latin America and the Caribbean. #LatinAmerica
EXITS
► Patria Infrastructure Fund III agreed to exit Aguas Pacifico, a Chile-based multi-client water desalination project, via sale to Patria Infrastructure Fund V and other investors. #LatinAmerica
