CEE
Tilia Impact on the market for EUR 32m early-stage fund
Czech VC eyes institutionals and HNWIs for impact-driven vehicle; first close expected by March
DEPO Ventures on the market for EUR 20m startup fund
Czech sponsor targets institutional investors, family offices and angel investors from CEE
500 Emerging Europe set for EUR 70m fund close by year-end
Turkish VC’s second early-stage vehicle has so far received more than EUR 50m in commitments
Trind VC closes new seed-stage fund on EUR 55m
Fund II has EIF, Tesi, LHV Pension Funds and Swedbank Investment Funds in its LP base
DCP set for final close on EUR 45m growth fund this month
Turkish VC’s second fund received commitments from 10 LPs including anchor investor EIF
BADideas.fund targets up to EUR 15m for debut vehicle
Early stage investor has seen interest from LPs active in startup space
Cinven's Partner in Pet Food tipped as exit candidate for 2023
Auction could launch as early as Q2 2023, sources says; GP says no plans for sale next year
Orbit Capital aims for EUR 200m with new scaleup fund
Czech GP targeting institutional investors for CEE-focused vehicle following first close at EUR 42m in December
Contrarian Ventures targets EUR 100m hard cap for new climate tech fund
Lithuanian VC aiming to attract funds-of-funds for second close planned for the next month
McWin closes EUR 500m restaurant fund backed by ADIA
Food specialist also set to start fundraising for EUR 250m food tech vehicle next month
ACP holds EUR 90m first close for debut credit fund
Fund aims to bridge the lending gap for Central European lower mid-cap businesses, complementing existing bank lending
Superangel targets up to EUR 50m hard cap for second fund
Estonian VC firm seeks further institutional investors; SmartCap to make EUR 15m anchor commitment
INVL inches closer to second Growth Fund
Work on Fund II could start once INVL’s debut vehicle is 75%-80% deployed, following two to three more deals
Spire Capital gears up for first close for EUR 110m fund
Polish tech-focused sponsor is centring fundraising efforts for its debut vehicle on institutional LPs
Genesis holds EUR 150m final close for GPEF IV
Czech Republic-headquartered GP reached its hard-cap with a EUR 15m commitment from the EBRD
GP Profile: Jet Investment doubles down on industrial impact ahead of next fundraise
Central European industrials-focused GP is in the planning phase for Jet 3 Fund and is eyeing further deals and exits
Re-Pie to raise single-asset fund for Muslim fashion retailer
Turkish GP will onboard investors to the fund until 31 May; proceeds will back Modanisa’s expansion
LongeVC mulls 2023 fundraise for second fund
Biotech-focused VC could hit the road for new USD 180m-200m vehicle once Fund I’s hard-cap is reached
Bridgepoint explores sale of childrenswear and toy chain Smyk
Beauty contest to select financial advisor for the auction of the Polish business was held earlier this yea
Gramex Drinks sponsors in bilateral talks with strategic suitors
Owners ARX Equity and Structured Capital are evaluating offers against other options for developing the Hungarian soft drinks maker
Western Balkans PE Fund gears up for debut vehicle first close
With a EUR 15m- EUR 20m close set for October, new SME-focused fund will now look to attract institutional investors from across Europe
Getir backer Re-Pie launches EUR 70m VC fund
Re-Pie Ventures 1 plans to hold a first close by the end of 2022, general partner Mehmet Ali Ergin said
Innova exits Trimo for 4.5x money
Deal values the Slovenian buildings supplier at 9.5x 2021 EBITDA; GP's 2020 exit attempt collapsed after lengthy competition process
Genesis buys majority stake in HC Electronics
GP is investing in the electronics manufacturing firm via its EUR 40m Genesis Growth Equity Fund I