Invest-IQ

Hungarian VC fund company DBH, the investment partner of the JEREMIE Program since 2009, has made an investment of HUF 200 mln into healthcare service provider, Indiso. The Debrecen-based company provides medical services in the form of Speleotherapy, using natural salt (NaCl) to treat respiratory diseases caused by a variety of environmental and personal, social conditions [...]

If you thought the investment landscape was drab and dreary, how about a mash-up between Facebook and Farmville? Farmeron, a Croatian company developing software for keeping profiles of farm animals, has just bagged a round of investment from 500 Startups. The company’s web-based farm management application helped them be a finalist at this year’s Seedcamp [...]

After reviewing Antavo during the Seedcamp event in Tel Aviv on March 29, the early-stage mentoring and investment program has invested into the online marketing applications company that is based in Hungary.  Of the seven members of Antavo, three of them have already set up operations in London with the hope of finding partners to [...]

The Samwer brothers’ now famous Berlin incubator, Rocket Internet, has bagged a whopping USD 200 mln in funding from Russian-American billionaire Len Blavatnik. With that investment, Blavatnik’s Access Industries will now be the second largest investor in Rocket Internet, after Swedish investment house Kinnevik’s recent Eur 300 mln that was pumped in during the last [...]

Balderton Capital, one of Europe’s premier VC firms, has invested in Archify, a tech company that is developing a web page archive and search plug-in for browsers. The investment will be used by the target company to complete the development of its product and also develop a mobile version of the application. Archify is also [...]

Baring Vostok PE, through their Baring Vostok PE Fund IV, and Accel Partners have participated in a round of funding for Russia’s biggest classifieds portal Avito.ru. The USD 75 mln round of financing also saw existing investors Kinnevik and Northzone taking part in the series. Avito.ru currently boasts 30 mln unique monthly visitors, and the [...]

The European Bank for Reconstruction and Development (EBRD) has made yet another investment in the wind power sector – this time in Turkey – with a EUR 135 mln loan to Turkey’s leading private energy company, Enerjisa. The loan will be used to build a 142.5 MW wind power facility in Balikesir in the western [...]

The European Bank for Reconstruction and Development (EBRD) has agreed to an equity investment of up to EUR 50 mln in the CapMan Group for its new Guernsey-based operation, CapMan Russia Fund II. The investment cannot exceed 30 percent of total capital commitments. The new fund’s objective is to acquire significant minority holdings in companies [...]

Enterprise Investors, through their Enterprise Venture Fund I (EVF I), have invested EUR 5.5 mln in BLStream, a mobile software technology company. The funding will put 35 percent of the company’s stake in the hands of Enterprise Investors, and will be used to expand the company through acquisitions, as well as to develop their software [...]

The European Bank for Reconstruction and Development (EBRD) is making its foray into the wind power market in Ukraine with a joint EUR 13.3 mln financing of Eco-Optima, a Ukraine-Italy joint venture undertaking. The two loans comprising the financing of the wind farm in Western Ukraine, in the Staryy Sambir region, are a 10-year EUR 9.5 [...]

Early-stage VC fund 212 Capital Partners, under advisement of 212 Ltd., will be making its fifth successful investment this year with CloudArena, an SaaS company offering a socialized environment for the hotel management industry. This is also their second investment in the hospitality industry in Turkey, after their recent funding of hemenkiralik.com. CloudArena (www.cloudarena.com) CloudArena is [...]

US-funded Poland and CEE-centric fund Enterprise Investors has decided to take a gamble on Poland’s shale reserves with an investment of USD 28 mln into United Oilfield Services (UOS), a Polish seismic, drilling and well completion service company. The deal was completed through Enterprise Investors’ Polish Enterprise Fund VI. Though the production of natural gas [...]

Top League, one of Russia’s major players in the sports goods retail chain marketplace, has bagged a round of investment from VC fund CapMan, thorough their CapMan Russia unit. The investment will drive Top League’s Russia expansion plans at a speeded-up rate, and while CapMan will hold a significant minority stake, the remaining share of [...]

Transferwise, an Estonian money transfer and exchange service, has managed to raise EUR 1 mln from top-notch private investors and VC firms. The investors include Max Levchin (PayPal co-founder), Shamir Karkal of Simple, a retail banking operation, Index Ventures (whose portfolio contains names like Skype and Ozon.ru), and Kima Ventures, among others. Transferwise has already [...]

Poland-based early stage VC fund IQ Partners has confirmed their investment in Moneyzoom.pl a service that provides web and mobile solutions for household budgeting. Moneyzoom will use the funding towards functionality enhancement for personal expense, as well as automating data mining capabilities.   Moneyzoom.pl (moneyzoom.money24.pl) Moneyzoom.pl is a household budgeting service targeted at individual users, and [...]

Portfolion, the VC  arm of OTP Hungary, invested USD 1.6 mln into the Hungarian fashion brand Nanushka. The VC firm is ready to lend a USD 1 mln loan to cover further expenses occurring while Nanushka carries out its new marketing strategy. Portfolion has already appointed a new management team which will focus on production and international distribution. [...]

Europe’s top multimedia content payment system, Piano Media, has secured a EUR 2 mln round of Series B investment from 3TS Capital Partners, one of the big players in the CEE region investment game. The funding will be used by Piano to support resources for expansion, recruitment and marketing.   Piano Media (www.pianomedia.eu) Piano Media is [...]

In what could turn out to be a nanotechnology-driven investment spree, RUSNANO this week led and closed a USD 79 mln round of investing in Quantenna Communications. The round was participated in by another new investor, Bright Capital. Other participants are all older investors: Sequoia Capital, DAG Ventures and Sigma Partners are among six other [...]

RUSNANO has recently added to its nanotechnology portfolio with a EUR 25 mln investment in Beneq, Finland-based manufacturers of thin-film and specialized functional coating equipment and technologies. The investment was made in the form of share purchases and capital injection, and will be used to expand the company’s activities as well as focus on markets [...]

Yandex’s start-up financing wing Yandex.factory has invested an estimated USD 50,000 in Yekaterinburg’s Citrea. The target company is developing and online text-editing application that can be accessed by several users. The ‘crowd-editing’ company is currently in stealth mode, and first met up with the investors at the Yandex.start event in their home town in. December [...]