Inovo Reaches ~USD65m Final Close for CEE VC Fund
Inovo has reached a EUR54m (~USD65m) final close for Inovo II, a VC fund targeting early-stage investments in tech startups across Poland and the wider CEE region. Read more… Read More
Inovo has reached a EUR54m (~USD65m) final close for Inovo II, a VC fund targeting early-stage investments in tech startups across Poland and the wider CEE region. Read more… Read More
Susa Ventures led a USD3.5m seed round for Nigeria-based fintech okra, with participation from Accenture Ventures and follow-on from TLcom Capital. Read more… Read More
Alibaba has invested an additional USD330m in Turkey-based e-commerce platform Trendyol at a reported ~USD11b valuation, bringing Alibaba’s stake to ~87%. Read more… Read More
Earlybird Venture Capital led a USD2m seed round for Anari AI, a Serbian cloud-based AI chip factory, with participation from Acequia Capital and Serbian Entrepreneurs. Read more… Read More
Yunfeng Capital led a USD600m Series C2 for Xingyun Group, a China-based digital supply chain provider for cross-border e-commerce, with participation from Crescent Point and Harvest Fund Management and follow-on from 5Y Capital, Taikang Insurance Group and Matrix Partners China. Read more… Read More
Sapphire Ventures and existing investors Tiger Global Management and Insight Venture Partners led a USD125m Series G for US- and India-based subscription billing and revenue management platform Chargebee, with follow-on from Steadview Capital, at a reported USD1.4b valuation. Read more… Read More
Draper Esprit led a USD60m Series B for FintechOS, a Romania-based technology provider offering low-code solutions to the financial sector, with follow-on from Earlybird Venture Capital, Gapminder Ventures, Launchub and OTB Ventures. Read more… Read More
General Motors led a USD139m Series D for Singapore-based EV battery maker SolidEnergy Solutions, with follow-on from Temasek, SK Inc., Applied Ventures, Vertex Ventures, SAIC Group and Tianqi Lithium. Read more… Read More
Blue Like an Orange has provided BRL106m (~USD12m) in mezzanine financing to Órigo Energia, a Brazil-based solar energy solutions company serving SMEs and households. Read more… Read More
UiPath, a Romania-founded robotic process automation company backed by Earlybird Venture Capital, has raised USD1.3b in an IPO on the NYSE. Existing shareholders Earlybird, Accel, Alphabet, among others, exited. Read more… Read More
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