BaltCap Private Equity Fund II has agreed to sell Lithuania-based waste management company Ecoservice to EBRD-backed Eco Baltia Group for an undisclosed amount. BaltCap acquired Ecoservice in 2014. Read more… Read More
Amber Capital, through its EBRD- and EU-backed EU-Armenia SME Fund, has acquired Armenia-based solar plant operator Solis for an undisclosed amount. Read more… Read More
Turkey-based VC 212 has made an undisclosed investment in Avatao, a Hungary-based secure-coding training platform for software developers and other technology roles using real-life scenarios. Read more… Read More
Macquarie has sold Czech Republic-based telecoms and technology infrastructure group Ceske Radiokomunikace to Cordiant Digital Infrastructure for an undisclosed amount. Read more… Read More
In November 2017, Turkven acquired a 60% stake in Vansan Makina, a family-owned water technology company based in Turkey. Turkven worked with the founders to drive innovation, sustainability and efficiency. The company saw an opportunity within the geothermal industry, in the lucrative and technically demanding water extraction segment, and… Read More
KGAL Investment Management has acquired a 27 MW wind farm in Poland. As a result of this transaction, KGAL’s Polish wind energy portfolio has increased to 75 MW. Read more… Read More
Launchpad Capital has reached a USD35m final close for its maiden VC fund targeting early-stage investments in startups in fintech, insurance and real estate in the Baltics. 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
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
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