Iris Dorbian

U.S. Agency for International Development said on Monday that it will team up with Northern Lights Capital Group to invest $100 million in India’s clean energy sector. USAID will provide a 40% credit guarantee for a $100 million limited partner commitment to Nereus Capital‘s India Alternative Energy Fund managed by Northern Lights Capital Group.

Sonendo said on Monday that it has raised $18 million in VC funding. OrbiMed Advisors, LLC was the lead investor. Fjord Ventures, NeoMed Management and new investor Themes Investment Partners also participated in the round. Also, Frank Yu, Co-founder and CEO of Themes Investment Partners has joined the Sonendo board. Based in Laguna Hills, Calif., Sonendo is a provider of technologies for endodontic therapy.

Wego.com, a travel search engine in the Asia-Pacific and Middle East, has received $17 million in Series C funding. Crescent Point was the lead investor with Victoria Capital and existing shareholder Tiger Global participating in the round. Also, Paul Bassat from Victoria Capital has joined Wego's board of directors.