AfricInvest and Cathay Innovation reach final close of Pan-African fund at €110M – TechCrunch

Cathay AfricInvest Innovation Fund (CAIF), a Pan-African fund launched via a partnership between AfricInvest, a multi-asset investment platform in Africa and Cathay Innovation, a European-born but global-focused venture capital firm, has achieved a final close of €110 million. Just last week, Cathay Innovation announced that it was targeting to raise €1 billion for its third fund…

Japanese e-commerce enabler AnyMind raises funding in equity, debt for acquisitions – TechCrunch

The pandemic has triggered more demand for online shopping and fueled many smaller retailers to establish their own online offerings. Japanese commerce enabler AnyMind, which helps brands and influencers’ online operations, has closed a ¥5 billion (approximately $36 million) Series D round on the back of that boost to make additional acquisitions in Japan and…