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🚘 African mobility fintech, Moove , has raised $100 million in a funding round as it plots expansion into new markets. 💱 The Series B round, led by Uber , also includes sovereign wealth fund Mubadala , Dubai-based thelatest.ventures , AfricInvest Group , Palm Drive Capital , Triatlum Advisors AG , and Future Africa , pushing Moove’s post-money valuation to $750 million. 📈 This comes after a year of significant growth for Moove , which is also backed by New York–based Left Lane Capital and European VC Speedinvest . It currently facilitates more than 30 million trips for over 20,000 customers across its six markets. 🌍 According to founder, Ladi Delano , ".. a considerable portion of the expansion into new markets will focus on EVs, which will lay the groundwork for a more sustainable and accessible mobility ecosystem for its customers worldwide." Read more about this ➡️ https://lnkd.in/diaKC-fv cc: TechCrunch #moove #logistics #fundingnews #businessexpansion

Congratulations are in order for Mairon Sandoval and the OCN (onecarnow.com) [FINN for #Latam] team. They pulled off a $86M #SeriesA in a very tough #VC market 🚀 #OCN’s earliest backers are first check writers and advisors to leading #transport, #lastmile, and #fintech startups like Bolt, Rappi, 99minutos.com, Jüsto, Nowports, Jeeves, Fondeadora, and kubo.financiero. OCN (onecarnow.com) offers #gigeconomy drivers flexible, new-vehicle subscription options to finance hybrid and electric vehicles in Latam and the US. As #ridesharing and fleet-dependent tech platforms commit to zero-emissions, OCN is disrupting the traditional vehicle sales model with a flexible, low-risk alternative to help fund the transition to hybrid and #EVs. The Series A equity financing was led Caravela Capital [Lucas Dzierwa de Lima], Collide Capital, and Great North Ventures [Ryan Weber], and i80 Group [Edward Goldstein] led the debt raise.

🚀 Top developments in #LatAm private capital: • V.tal, a Brazil-based digital infrastructure company backed by BTG Pactual, launched its subsidiary, Tecto Data Centers, a unit focused on operating data processing centers, with a USD1b investment. #PE • TC Latin America Partners launched a USD450m joint venture to expand the development of industrial properties in Mexico. #RealAssets • General Atlantic led a USD50m round for Jüsto, a Mexico-based online grocer. #VC For more industry news, view the latest edition of LAVCA's #PCU: https://hubs.la/Q02WDJBH0 #venturecapital #LatinAmerica #markettrends #investments #finance #tech #privatecapital #finance #startups #privateequity

Exciting News Alert! Oister Global Launches Rs 440 Crore Fund to Boost India’s VC/PE Ecosystem 🚀🇮🇳 Thrilled to share that Oister Global has introduced the Oister India Pinnacle Fund (OIPF), dedicated to enhancing India's venture capital and private equity landscape with a Rs 440 crore investment capacity! 🌟💸 #OisterGlobal #IndiaVentureCapital #PrivateEquity #StartupEcosystem #InvestmentOpportunities #OIPF #VCPE #InnovationFunding Rohit Bhayana, Co-CEO of Oister Global, underlined the fund’s strategic focus on diverse investment stages and sectors. Stay tuned for more updates on this game-changing initiative! 🔍💼 #RohitBhayana #StartupInvestments #IndiaGrowthStory #InnovativeVentures #EconomicImpact Looking ahead, Oister Global is gearing up for substantial expansion in the Indian market, promising further financial offerings and long-term growth support. Join us in this exciting journey! 🚀📈💡 #ExpansionPlans #FinancialGrowth #SustainableInnovation #OisterSuccess #LongTermInvestments

We're excited to share that NowPurchase has raised $6M in our latest funding round! 💥 This round was led by InfoEdge - Investor Relations with support from Orios Venture Partners, 100Unicorns, VC Grid, and prominent angel investors like DHOLAKIA VENTURES, Real Ispat and Power Ltd Group, Subhrakant Panda, Ankur Warikoo, and Kedar Lele. We also extend our gratitude to our partners, Capsave Finance Private Limited and UC Inclusive Credit, for their continued support. This investment will fuel our expansion into more regions across India, support the creation of scrap processing centers, launch new flagship products, and develop MetalCloud—our foundational operating system for metal manufacturing. We are incredibly proud of the team we have built and their outstanding execution over the last few years. The future of metal manufacturing is NOW, seamlessly transforming procurement and production to create a more efficient, smarter factory experience.⚙️ (To read more, click the article link in the comment section 👇🏽) Naman Shah | Aakash Shah | Ankan Adhikari #news #startup #fundraising #NowPurchase #MetalManufacturing #starrtupfunding #b2b

Traveltech firm ixigo's parent company Le Travenues Technology Limited has raised Rs 333 crore ($40 million) from anchor investors. The IPO will be open for subscription from June 10 to June 12, 2024. Major investors include the Government of Singapore, Morgan Stanley, 3P India Equity Fund, HDFC Mutual Fund, and Tata Investment Corporation, among others. Read the full story here: 👇 https://lnkd.in/d7MTzNg9 #traveling #investors #IPO #startup #morganstanley #indianstartupnews

🚀 Top developments in #LatAm private capital: • IFC - International Finance Corporation announced a USD50m commitment to BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy. #RealAssets • Patria Investments fully acquired VBI Real Estate, a Brazil-based real estate asset manager. #RealAssets • Kans Capital invested USD30m in Grupo Carolo, a Mexico-based restaurant operator. #PE • KASZEK and Alexia Ventures led an undisclosed Series A for Winnin, a Brazil-based marketing analytics platform. #VC For more industry news, view the latest edition of LAVCA's #PCU: https://hubs.la/Q02KMZck0 #venturecapital #LatinAmerica #markettrends #investments #finance #tech #privatecapital #finance #startups #privateequity

We are thrilled to announce that Cozero has secured €6.5M in Series A financing! This milestone is a testament to the dedication of our incredible team in developing a software solution that accelerates companies' decarbonization efforts. 👫 Supporters: We extend our heartfelt thanks to investors like Maria Wasastjerna, Melanie Beyersdorf & Aurélie NICOLAS alongside our amazing angels and advisors such as André Christ, Torben Schreiter, Henrik Larsen, Borja Moreno de los Rios and many other Coheros for their unwavering support and belief in our vision! 🚀 What's next: we continue to build our Climate ERP which not only tracks and reports emissions but also provides effective strategies for reducing them, empowering enterprises to transition to a net-zero business model. 📣 Are you passionate about making a positive impact? Join our stellar team and help us maximize our efforts toward a sustainable future! Explore our open positions [link in comments]. 🙏 Thanks for the trust of all our clients such as Maersk, Nippon Express Europe (NX Group), and DMG MORI, and every team member and supporter that accompanied us on that journey so far. We are thrilled to witness the Cozero vision unfolding and are eager to embark on the next phase of our journey toward a greener, more sustainable world. #SeriesA #ClimateTech #TechForGood #SustainableInvesting #Fundraising #NetZero #EmissionsReduction #ClimateAction

35 North Ventures has successfully raised Rs 100 crore in the first phase of their second CAT-I alternative investment fund (AIF), India Discovery Fund II. This new fund builds on the success of their previous one, the India Discovery Fund I, which had a total capital of Rs 500 crore, including a Rs 100 crore greenshoe option. Milan Sharma, the visionary Founder and MD of 35North Ventures, said that India Discovery Fund II will maintain its predecessor's strategic focus by investing in pre-Series A deals. With a solid portfolio of 16 firms across ten different industries, 35North plans to invest in more high-potential enterprises that demonstrate scalability and growth. #VentureCapital #InvestmentFund #IndiaStartups #GrowthCapital #TechInvestment #AIF #PreSeriesA #ScalableBusiness #35NorthVentures #MumbaiVC #StartupEcosystem #BusinessGrowth

is a sovereign wealth fund needed to provide sufficient capital for Australian capabilities to grow and flourish?