► KKR agreed to invest ~USD310m in India-based electric bus manufacturer PMI Electric Mobility. #Asia
► Global Infrastructure Partners and EQT agreed to acquire the AES Corporation, a US-based clean energy platform operating across the Americas. #LatinAmerica
► A consortium led by SPE Capital invested in Orchidia Pharmaceutical Industries, an Egypt-based manufacturer of eye-care medicines. #Africa
► Adenia Partners acquired a stake in Morocco-based catering company Maymana. #Africa
► IDB Invest and Banco de Crédito del Perú provided a USD250m loan to Grupo Tramarsa, a Peru-based integrated port infrastructure platform. #LatinAmerica
► China-based flying car developer Aridge raised USD200m, with participation from Gaorong Ventures and Fortune Capital, as well as follow-on from GL Ventures and HongShan Capital. #Asia
► China-based robot development company D-Robotics raised a USD120m Series B1 from Dragonball Capital, Vertex Growth Fund, GL Ventures and others. #Asia
► LeapFrog Investments led a USD95m investment in ReNew Energy, an India-based decarbonization solutions provider. #Asia
► Enterprise Investors acquired a 65% stake in Art Wind, a Poland-based provider of wind turbine installation and maintenance services. #CEE
► CDG Invest Management agreed to acquire a minority stake in Plastics & Plating, a Morocco-based industrial company specializing in plastic transformation and surface treatment. #Africa
► Impact Fund Denmark invested INR2b (~USD22m) in India-based alternative credit platform BlackSoil Capital. #Asia
► 10 Bridge Capital fully acquired Thailand-based education providers Westminster International and Win Education Service for THB500m (~USD15.5m). #Asia
► Alea Capital Partners led a USD7.1m Series A for Choice, a Czech Republic-based restaurant management platform, with participation from Reflex Capital, Smartlink and J&T Ventures. #CEE
FUNDRAISING
► Somerset Indus Capital Partners reached a USD288m final close for its third growth-stage fund focused on improving healthcare access across India. #Asia
► Adenia Partners reached a USD180m first close for its first entrepreneurial fund focused on control investments in small and lower mid-cap companies across Africa. The vehicle exceeded its USD150m target. #Africa
► Franklin Templeton reached a first close for its second fund focused on investing in small and mid-market companies across Turkey. The vehicle has a USD300m target. #CEE
► European Investment Bank committed USD70m to PATRIZIA’s Emerging Asia Sustainable Infrastructure Fund, focused on investing in renewable energy, sustainable cooling and low-carbon mobility across Asia. The vehicle has a USD300m target. #Asia
► Volpe Capital reached a USD50m first close for its second fund focused on venture capital in Brazil. #LatinAmerica
► IDB Invest committed USD15m to Silvipar and Astarte’s SA Impact Forestry Fund II, focused on forest plantations in southern Paraguay. #LatinAmerica
► The Soros Economic Development Fund agreed to commit USD7m to Persistent’s Africa Climate Venture Builder Fund, focused on investing in early-stage climate innovation across Africa. #Africa
