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Foxmont Secures $30 Million First Close for Fund III, Anchored by Dutch DFI
With Fund 3, Foxmont welcomes two new institutional investors with the first close.
- Categories
- Finance
- Region
- South Asia
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HAVAÍC Reaches $25 Million Second Close for African Tech Fund
The fund, targeting a final close of $50 million, focuses on early-stage, post-revenue technology startups born in Africa with global potential.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Valante Capital Launches Ascend Fund II With $115 Million First Close and Three Strategic Investments
IDC Network's Private Equity arm advances its regional consolidation strategy with anchor platforms in food and distribution across Latin America and the U.S.
- Categories
- Investing
- Region
- Global
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Singapore VC Granite Asia Leads $60 Million Funding Round for AI ‘Data Foundry’ Centific to Fuel Global Expansion
Granite Asia was one of two foreign VCs, alongside Taiwan’s AppWorks, selected to take part in a new Malaysian initiative to invest in local startups and encourage global companies to redomicile in the Southeast Asian country.
- Categories
- Investing
- Region
- South Asia
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Itaú Launches R$500 Million CVC Fund by Absorbing Kinea Ventures
The current downturn in venture capital funding, following the 2021 boom, has created a favorable environment for CVC funds that still have capital to deploy.
- Categories
- Finance
- Region
- Latin America
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Prominent Global VC Endeavor Catalyst Is Raising $300 Million, Sources Say
Endeavor Global identifies breakout founders early, provides them with global mentorship and market access, and then backs them.
- Categories
- Investing, Social Enterprise
- Region
- Global
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Mediterrania Capital Partners Fund Reaches Final Close
Mediterrania Capital Partners has announced the final close of its fourth fund at €600 million.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital
Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent's highest-growth businesses.
- Categories
- Investing, Technology
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