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Atomico Leads USD11m Series A for Estonian ERP Software Developer Katana
Atomico led a USD11m Series A for Katana, an Estonia-based enterprise resource planning (ERP) software developer for SMEs, with participation from angel investors including Checkout.com CTO Ott Kaukver, Topia CPO Sten Tamkivi, Pipedrive CTO Sergei Anikin and former TransferWise HR Architect Kairi Pauskar. Existing investor 42Cap followed on. Read More
Evli Growth Partners, Karma Ventures, and LVV Group Lead USD9.5m Series B for Lithuanian 3D Model Provider CGTrader
Evli Growth Partners and existing investors Karma Ventures and LVV Group led a USD9.5m Series B for Lithuania-based 3D model provider CGTrader, with participation from former Rovio CEO Mikael Hed. Read More
3TS’ Catalyst Romania Exits Stake in Romanian Mobile Game Studio Green Horse Games to Tencent Subsidiary
3TS Capital Partners’ Catalyst Romania has fully exited its stake in Romania-based mobile game studio Green Horse Games via a sale to Tencent’s subsidiary Miniclip. Read More
Thermo Fisher Scientific, Shiyu Capital, and Others Invest USD150m Series B for Chinese Diagnostics Company WuXi Diagnostics
Thermo Fisher Scientific, Shiyu Capital, ABC International Holdings Limited, Sunland Capital, CCBI Tech Venture, and existing shareholder YF Capital have invested a USD150m Series B for China-based diagnostics company WuXi Diagnostics. Read More
Target Global Leads USD13m Seed Round for Bahraini Open Banking Platform Tarabut Gateway
Target Global Management led a USD13m seed round for Bahrain-based open banking platform Tarabut Gateway, with participation from Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies, and Mad’a Investment. Read More
Menlo Ventures Leads USD23m Series B for Croatian Math Learning App Photomath
Menlo Ventures led a USD23m Series B for Croatia-based math learning app Photomath, with participation from GSV Ventures, Learn Capital, Goodwater Capital, and Cherubic Ventures. Read More
ECP Increases Stake in Tunisian Hygiene and Cleaning Products Group SAH
Emerging Capital Partners (ECP) has increased its stake in Tunisia-listed hygiene and cleaning products group Société d’Articles Hygiéniques (SAH), which trades under the Lilas brand name. ECP first invested in the company in 2008, and the latest transaction brings the firm’s shareholding in SAH to over 5%. Read More
Hlayisani Capital Reaches USD23.7m First Close for South Africa SME Fund
Hlayisani Capital has reached a ZAR350m (approximately USD23.7m) first close for its Hlayisani Growth Fund. The vehicle will invest in high-growth SMEs in South Africa. Read More
Apis Partners and JG Summit Invest USD110m in South African Digital Bank TymeBank
Apis Partners and JG Summit Holdings have invested USD110m in South Africa-based digital bank TymeBank. The proceeds will be used to expand the bank’s presence in South Africa and to finance its expansion into the Philippines. Read More
Monk’s Hill and Qualgro Lead USD5m Series A for Singaporean Education Financing Company ErudiFi
Monk’s Hill Ventures and Qualgro led a USD5m Series A for ErudiFi, a Singapore-based, tech-enabled company providing access to education financing in Southeast Asia. Read More
Penta Sells Slovak Meat Processing Group Mecom to Smithfield Foods
Penta Investments has sold Slovakia-based meat processing group Mecom to Smithfield Foods for an undisclosed amount. Read More
Ninety One’s EAIF Commits up to USD50m to Mauritian Fiber Network Operator Liquid Telecomms’s Bond Issue
Ninety One’s EAIF has agreed to purchase up to USD50m of a bond issued by Mauritius-based fiber network company Liquid Telecommunications. IFC and DEG have also committed to placing orders for up to USD128m. The bond aims to raise USD600m which will be used to refinance existing debt. Read More