JD Group spinoff JD Industrials raised $300m in a series B round co-led by by G42 while Mizuho Bank led Kredivo’s $270m series D.
Funds
France-based venture capital firm Emblem raised €50m ($54m) from backers including enterprise payment services provider Edenred for the first close of a seed fund. The fund is expected to reach a €75m ceiling by the end of this year and has so far secured additional commitments from Vaekstfonden as well as unnamed family offices and entrepreneurs.
Kenya-based impact investment firm Factor[e] Ventures…
