Pinnacle Growth & Secondary Fund combined primary capital and secondary share purchases in the automotive platform.
The financing includes a mix of secondary and primary capital, as TabaPay plans to acquire Transact Bank and support TabaPay's product roadmap.
The investment in the Colombian fintech comprised a mix of primary and secondary capital.
The Sydney-based firm launched in May as an AI-focused secondaries investor, targeting opportunities through GP-led and direct secondary transactions.
Avendus Future Leaders Fund III, which is already 30% deployed, has invested ~$15 million in Parag Parikh Financial Advisory Services via secondary.
The pre-IPO funding round, which included a mix of primary and secondary capital, reportedly valued the dairy producer at $1.1 billion.
The transaction, which saw participation from existing backer LeapFrog, provided early investors with an exit.
Secondary capital represented ~54% of the identity verification startup's equity raise.
The payment solutions provider's follow-on funding was secured from WestBridge Capital.
The secondary share sale benefited 259 current and former employees of the customer engagement platform.
