Elevator Ventures, Speedinvest, and Raiffeisen Bank International’s corporate venture fund have made a USD1.5m seed investment in Russia-based agtech Agro.Club. Read more… Read More
This issue of the EMPEA Legal and Regulatory Bulletin comes at a time when our industry and the markets where we invest are facing particular challenges due to the impact of the COVID-19 pandemic. EMPEA members, including members of the Legal and Regulatory Council, have provided some of their insights… Read More
Livonia Partners has agreed to sell its majority stake in Estonia-based modified wood producer Thermory to Estonia-based OÜ UG Investeeringud for an undisclosed amount. Read more… Read More
The Russian Direct Investment Fund (RDIF), RTP Global, Elbrus Capital, and Baring Vostok have created a joint investment platform of up to USD200m to invest in Russian companies affected by the COVID-19 pandemic. Read more… Read More
Enterprise Investors has exited its 34.4% stake in Lithuania-based tour operator Novaturas for EUR4.9m (approximately USD5.5m) via a series of secondary transactions. Read more… Read More
Europe-focused VC firm Earlybird Venture Capital has exited Peak Games to US-based social gaming company Zynga for USD520m, as part of a USD1.8b sale. Other exiting shareholders include Hummingbird Ventures, Endeavor Global, and Peak Games CEO and Founder Sidar Sahin. The deal, comprising USD900m in cash and USD900m… Read More
Horizon Capital, a private equity fund manager focused on investments in mid-cap companies in Ukraine and the neighboring region, has acquired a significant minority stake in Ukraine-based online cosmetics and beauty products retailer MAKEUP Group via its Emerging Europe Growth Fund III. Read more… Read More
Naya Capital Management has invested EUR100m (approximately USD109m) in Estonia-based ridesharing and food delivery app Bolt in the form of a convertible note. Naya Capital previously invested in the company’s USD67m Series C in July 2019. Read more… Read More
A consortium of investors, including existing investors Reflex Capital and Fast Forward, and new investors Lighthouse Ventures and Kamil Vacek, has made a USD3.8m seed investment in Czech Republic-based workspace-focused proptech Spaceti. Read more… Read More
Reflex Capital and J&T Ventures have made a EUR2m (approximately USD2.2m) seed investment in Czech Republic-based AI-enabled scouting startup Leadspicker. Read more… Read More
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