Sofina Leads ~USD230.4m Series D for Czech Republic’s Rohlik
Sofina led a ~USD230.4m (EUR220m) Series D for Czech Republic-based e-grocer Rohlik, with follow-on from Index Ventures and Tomáš Čupr (Rohlik founder). Read more… Read More
Agency for Innovation and Digital Development and Pasha Holding Commit ~USD2.9m To Launch ~USD6.6m Azerbaijan VC Fund
Agency for Innovation and Digital Development and Pasha Holding committed~USD2.9m (AZN5m) to launch a ~USD6.6m (AZN11.3m) Azerbaijan-focused venture capital fund. Individual investors also contributed ~USD764k (AZN1.3m). Read more… Read More
EBRD, CEECAT Capital, Alpha Associates and Revo Capital Invest in a ~USD200m First Round for Turkey’s Param
EBRD, CEECAT Capital, Alpha Associates and Revo Capital invested in a ~USD200m first round for Turkey-based fintech startup Param. Read more here and here… Read More
500 Istanbul Leads USD1m Seed Round for Turkey’s Refine
500 Istanbul led a USD1m seed round for Refine, a React-based web application development platform based in Turkey, with participation from Emre Baran (Cerbos) and Emre Burak Kabakcı (Rakam/Liveramp). Read more… Read More
BaltCap To Sell Latvia’s Uprent to Renta
BaltCap agreed to sell SIA Uprent Group, a Latvia-based specialized pumping company providing dewatering and bypassing solutions in the Baltics and Poland, to Renta Group Oy for an undisclosed amount. BaltCap first invested in the company in 2016 through its BaltCap Private Equity Fund II. Read… Read More
Genesis Capital Reaches ~USD161m Final Close for GPEF IV
Genesis Capital reached a EUR150m (~USD161m) final close for its Genesis Private Equity Fund IV, meeting its hard cap after a EUR15m (~USD16m) investment from EBRD. The fund will invest in SMEs and mid-cap companies across diverse sectors in Central Europe. Read more… Read More
INVL Baltic Sea Growth Fund To Acquire Lithuania’s Nemunas and Eglės Sanatorija
INVL Baltic Sea Growth Fund agreed to acquire Lithuania-based Nemunas and Eglės Sanatorija, both medical treatment centers, for an undisclosed amount. Read more… Read More
Softbank Vision Fund 2 and Goldman Sachs Lead ~USD536m Series D for Croatia’s Rimac
Softbank Vision Fund 2 and Goldman Sachs led a EUR500m (~USD536m) Series D for Rimac, a Croatia-based hypercar maker and EV components supplier, at a reported EUR2b valuation, with participation from Porsche. Read more… Read More
BBVA Acquires 36.12% Stake in Turkey’s Garanti for USD1.4b
BBVA acquired an additional 36.12% stake in Turkey-based bank Garanti for USD1.43b, bringing its stake to 85.97%. Read more… Read More
500 Istanbul Invests in Turkey’s Freeflow
500 Istanbul made an undisclosed investment in Freeflow, a Turkey-based company helping crypto projects connect with blockchain developers. Read more… Read More
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