Guangdong Jia Yuan took part in a $177m round for Tian Yu Semiconductor Energy while Schrodinger, WuXi AppTec and Eli Lilly exited Structure Therapeutics in a $161m IPO.
Funds
US-based investment firm Partech has secured €245m ($264m) for the first close of its Partech Africa II fund, from limited partners including media conglomerate Bertelsmann. German development bank KfW anchored the fund and was also joined by European Investment Bank, World Bank Group’s International Finance Corporation unit, FMO, BPIfrance Investissement, British International Investment, DEG, Proparco and South Suez Capital.
Germany-based impact investment firm Planet A Ventures…
