AI + EXCLUSIVE DATA

AI analyzes funding data you can't access anywhere else

Our proprietary AI monitors 15,000+ companies and identifies which funded companies need YOUR specific solution right now.

10-25 personalized leads daily • 92% average intent score • Smart feed technology

Start with:

✓Flexible Plans • $39/mo or $29/mo annual

✓AI + real-time funding intelligence

✓Never see duplicates in your feed

INDUSTRY FIRST

Glp And Sequoia China Close Nearly Us$800 Million Strategic Investment In Leading Consumer Pe Firm Harvest Capital

Aug 05, 2021•about 4 years ago

Amount Raised

$800 Million

Description

Following a US$480 million investment from Hongtai Hengye in 2018, Harvest Capital, China's leading consumer PE firm, closed a strategic investment of nearly US$800 million from GLP Pte. Ltd. and Sequoia China last month.

Company Information

Company

Glp

About

The firm also signed lease agreements for 24.3 million square-meter of space across its global portfolio. “The company believes it is well-positioned to tap into this market by leveraging its asset and fund management expertise, ability to acquire land for development and experience in the construction of high-quality, modern warehouses to build a competitive global digital infrastructure business of over 2,500 MW of IT capacity,” the firm said. In a statement, GLP said its global assets under management also surpassed $120 billion as of December 2021, while its new developments hit $7.9 billion, up 50% year-on-year. In digital infrastructure, a key growth engine for the firm, GLP said it has secured prime data centre campus sites across Japan and Europe to capitalise on growth opportunities in the digital infrastructure industry. In private equity, GLP said it has invested more than $3 billion in at least 100 technology-related PE companies globally, including US real estate technology firm VTS and e-commerce fulfillment technology firms Delivery and Yimiddaa.

FundzWatch™ Score

Medium Activity

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech