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.

Cut-off Saw Cutting Metal With Sparks

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…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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