A group of Chinese investors including Gaorong Capital and Sequoia Capital China have joined a $120 million Series B round for Nigerian logistics and payments technology company Opay.
Meituan-Dianping, along with its investment arm Dragonball Capital, also participated, as did GSR Ventures, Source Code Capital, Bertelsmann Asia Investments, IDG Capital, Redpoint China, and SoftBank...
KKR and DCP Capital Partners have jointly invested in Adopt A Cow, a China-based dairy farm operator that pursues a direct-to-consumer sales model underpinned by digital tools.
Centurium Capital and Joy Capital have invested $250 million in scandal-hit Chinese coffee shop chain, with Centurium describing it as a sign of faith in the company’s business model and long-term prospects.
China-based logistics provider ZJS Express has raised a RMB1 billion ($153 million) Series B round led by Sino-Ocean Capital. Gaolin Capital and state-backed HighRun Capital also participated.
Japanese venture capital firm Samurai Incubate has closed its second Africa-focused fund above target at just over JPY2.02 billion ($18.6 million).