Practica Capital Reaches ~USD34m First Close for Fund III
Practica Capital reached a EUR32m (~USD34m) first close for its third fund, a vehicle that will focus on Baltic startups from pre-seed to Series A. Read more… Read More
Carlyle To Acquire Czech Republic’s TESCAN ORSAY
Carlyle agreed to acquire a majority stake in TESCAN ORSAY, a Czech Republic-based manufacturer of electron microscopes and other scientific instruments. Read more… Read More
Kinnevik and Goldman Sachs Asset Management Lead USD185m Series C for Czech Republic’s Mews
Kinnevik and Goldman Sachs Asset Management led a USD185m equity and debt Series C for Mews, a Czech Republic-based hotel property management platform, with participation from Revaia, Derive Ventures and Orbit Capital, and follow-on from Battery Ventures, Notion Capital, Salesforce Ventures and others. Read More… Read More
2022 CEE Data Insight
Private capital deal activity in CEE declined in Q3 2022 amidst a global tech slowdown and the Russia-Ukraine war. Still, opportunities in tech and the energy transition continue to attract investors to the region. Additional analysis includes: An exploration of the main industries leading investment activity, such as IT and… Read More
Enterprise Investors-backed Studenac Acquires Croatia’s Toni Marketi
Studenac, a Croatia-based retail chain backed by Enterprise Investors, acquired Toni Marketi, a retailer operating 12 stores on the central Croatian Adriatic coast. Read More… Read More
EBRD Commits ~USD5m to 500 Istanbul Fund II
European Bank for Reconstruction and Development (EBRD) committed EUR5m (~USD5m) to 500 Istanbul Fund II, 500 Global’s second Turkey- and CEE-focused fund. Read More… Read More
Abris-Backed Scanmed Acquires Poland’s ARS Medical
Scanmed, with support from Abris Capital Partners, acquired ARS Medical, a Poland-based healthcare provider focusing on cancer treatment. Abris acquired Scanmed in 2020. Read more… Read More
Mercia and MSD Global Health Lead a ~USD20m Series A for Hungary’s Turbine
Mercia and MSD Global Health led a EUR20m (~USD20m) Series A for Turbine, a Hungary-based cancer cell simulation developer, with participation from Day One Capital and follow-on from Accel, Delin Ventures and XTX Ventures. Read more… Read More
Aquiline-Backed Everfield To Acquire Latvia’s Blue Bridge Technologies; BaltCap to Exit
Everfield, a software buy-and-build platform established by Aquiline, agreed to acquire a 100% stake in Blue Bridge Technologies, a Latvia-based developer of medical practice management software. The deal will facilitate an exit for BaltCap’s Latvia Venture Capital Fund. Read more… Read More
Mubadala Capital and Korelya Capital Lead USD70m Series B for Poland’s Ramp
Mubadala Capital and Korelya Capital led a USD70m Series B for Ramp, a Poland-based cryptocurrency payment platform, with participation from Cogito Capital and follow-on from Balderton Capital. Read more… Read More
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