INVL Asset Management Reaches ~USD29.5m First Close for Global Infrastructure Fund
INVL Asset Management reached a ~USD29.5m first close for INVL Partner Global Infrastructure Fund I. Read more… Read More
Turkven Invests in Turkey’s Züber
Turkven invested an undisclosed amount in Turkey-based snack brand Züber. Read more… Read More
Actis Acquires Turkey’s Uluğ Energy Distribution and Retail Services
Actis acquired 100% of Uluğ Energy Distribution and Retail Services, a Turkey-based provider of electricity distribution and retail services, from Limak Investment for an undisclosed amount. Read more… Read More
CEECAT Capital | Cevher
In 2012, CEECAT Capital acquired 46.2% of Cevher Group, a Turkey-based automotive parts manufacturer in financial distress. CEECAT equitized the company’s debt, repaid suppliers, resolved tax liabilities and brought in new management. After selling Cevher’s foundry business to Mexico’s Nemak in 2016, CEECAT focused on its wheels business, optimizing… Read More
Innova Capital Exits Slovenia’s Trimo for ~USD181m
Innova Capital exited Trimo, a Slovenia-based provider of building envelope solutions for the construction industry, via a sale to Belgium-based industrial group Recticel at an enterprise value of EUR164m (~USD181m). Read more… Read More
Insight Partners Leads USD45m Series D for Estonia’s Glia
Insight Partners led a USD45m Series D for Glia, an AI-based customer service solutions provider based in Estonia, at a reported USD1b+ valuation, with participation from RingCentral and follow-on from Wildcat Capital Management. Read more… Read More
Mubadala Investment Company Leads USD768m Series E for Turkey’s Getir
Mubadala Investment Company led a USD768m Series E for Turkey-based grocery delivery startup Getir at a reported USD11.8b valuation, with participation from Abu Dhabi Growth Fund, Alpha Wave Global, Sequoia Capital and Tiger Global. Read more… Read More
The Untitled Ventures and Buildit Accelerator Invest ~USD1.7m in Latvia’s Naco
Naco, a Latvia-based nano-coating solutions provider for green hydrogen manufacturers, raised ~USD1.7m from The Untitled Ventures, Buildit Accelerator and others. Read more… Read More
QIA Leads USD121m Series D for Turkey’s Insider
QIA led a USD121m Series D for Turkey-based AI company Insider at a reported USD1.2b valuation, with participation from Sequoia Capital, Riverwood Capital, Wamda, Endeavor Catalyst, Esas Holding and 212 Capital Partners. Read more… Read More
Spark Capital Leads USD40m Series B for Serbia’s Tenderly
Spark Capital led a USD40m Series B for Tenderly, a Serbia-based platform for Ethereum decentralized apps (Daaps), with participation from Accel, Point Nine Capital, Abstract Ventures, Coinbase Ventures, Uniswap and Daedalus. Read more… Read More
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