European Investment Bank

European Investment Bank is the EU's long-term lending institution owned by its member states. It finances public and private sector projects across transportation, energy, telecommunications, health, education, water, housing, and other sectors in the European Union and beyond. The bank provides a range of financing tools including project loans, guarantees, debt and equity investments, and risk-sharing arrangements, as well as microfinance and venture capital funds. It also offers advisory services, infrastructure funding, and support for urban development, PPPs, and sustainable energy projects. Through infrastructure and environmental funds and partnerships with banks and intermediaries, it supports SMEs, innovation, and the transition to a low-carbon economy.

Andrus Ansip

Vice President

Nicola Beer

Vice President

Markus Berndt

Acting Managing Director of EIB Global, Head of Operations

Teresa Czerwińska

Vice President and Member of the Management Committee

Ambroise Fayolle

Vice President and Member of the Management Committee

Jim Hodges

Regional Representation

Werner Hoyer

President

Kyriacos Kakouris

Vice President

Adrian Kamenitzer

Deputy Director General and Chief Risk Officer

Jean-Christophe Laloux

Director General

Emma Navarro

Vice President

Lilyana Pavlova

Vice President

Myriam Rouis

Senior Investment Manager / Advisor - EIC Fund - Venture Capital

Alexander Stubb Ph.D

Vice President and Member of the Management Committee

Thomas Östros

Vice President and Member of the Management Committee

Past deals in CEMEA

Sunly

Debt Financing in 2025
Sunly is a renewable energy company active in the Baltics and surrounding markets. It develops solar and wind parks, operates them, and invests in start-ups focused on renewable energy and electrification.

Latvenergo

Debt Financing in 2025
Latvenergo is an energy company based in Latvia, operating in the Baltic region. It produces and trades electricity, heat, and natural gas, with a focus on sustainable and environmentally friendly energy solutions. The company operates hydroelectric power plants and thermal power stations, and engages in the wholesale and retail sale of energy. Additionally, it offers energy-related services to support efficient energy consumption and management.

Africa Finance

Debt Financing in 2025
Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure financing needs across Africa. The organization provides a range of services, including debt, equity, project development, financial advisory, and treasury management, aimed at fostering sustainable economic growth. Africa Finance Corporation invests in high-quality infrastructure assets within key sectors such as power, natural resources, heavy industry, transport, and telecommunications. By targeting essential services in these core areas, the institution plays a critical role in promoting infrastructure development across the continent.

Nomagic

Debt Financing in 2025
Nomagic, Inc. is a technology company based in Warsaw, Poland, specializing in robotic manipulation solutions for order fulfillment in e-commerce. The company develops smart pick-and-place robotic systems that enhance efficiency, flexibility, and reliability in warehouses. By automating tedious tasks, Nomagic's solutions help reduce fulfillment costs and address labor shortages, allowing operations to scale effectively and operate around the clock. Powered by artificial intelligence, their robotic systems continuously learn and adapt to changing conditions, enabling warehouse operators to improve agility and ensure reliable delivery of goods. Nomagic's technology has been implemented in notable locations, including packing lines at Cdiscount, a leading French eCommerce platform.

Distribuție Energie Electrică Romania

Debt Financing in 2024
Distribuție Energie Electrică Romania distributes and supplies electrical energy in northern Transylvania, Romania.

Orlen

Post in 2024
Polski Koncern Naftowy Orlen is a prominent energy conglomerate operating primarily in the oil and gas sector. The company refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania, processing crude oil into various products such as gasoline, diesel, fuel oil, and aviation fuel through its network of refineries. In addition to refining, Orlen produces petrochemicals and chemical feedstock. The company is also involved in exploration and production activities in Poland and Canada. Orlen's extensive logistics infrastructure supports its operations, featuring both surface and underground storage depots, as well as a long-distance pipeline network, which facilitates the distribution of oil products through a widespread network of service stations.

Burn

Debt Financing in 2024
BURN Design Lab is a nonprofit organization focused on providing customized, fuel-efficient cooking solutions for underserved communities in the developing world. The organization designs, manufactures, and distributes a variety of cookstoves, including biomass, liquid fuel, and electric options, aimed at reducing harmful emissions and improving indoor air quality. Operating the largest modern manufacturing facility of its kind in Africa, located near Nairobi, BURN produces one stove per minute to meet the needs of local populations. By collaborating with implementing organizations, BURN develops sustainable stove dissemination systems that not only enhance cooking efficiency but also address significant issues such as deforestation, women's health, and climate change.

Cyprus University of Technology

Debt Financing in 2024
Cyprus University of Technology (CUT) provides education and research in subjects that create significant economic, technological, and scientific developments. The University established in 2004, is a public institution located in Limassol that offers a comprehensive educational experience. CUT is known for providing quality education and conducting research in areas that contribute to economic, technical, and scientific advancements. With a focus on applied research, the university addresses significant challenges in science, technology, and knowledge, aiming to benefit both the state and society.

Kauno Energija

Post in 2024
Kauno Energija provides heat and hot water services and engages in electricity production and distribution. It oversees indoor heating and hot water supply systems, performs repairs and maintenance on heating equipment, and offers on-site rental services. The company also generates electricity and manages related energy infrastructure, with most of its revenue coming from heat supplies.

Spark Energy Services

Debt Financing in 2024
Spark Energy Services works with experienced developers across Africa, providing their partners with up to 100% upfront financing for the installation of on-site renewable energy and energy efficiency equipment for C&I businesses. Spark provides access to a diversified portfolio of clean energy projects across Africa, offering investors a climate-positive investment with a strong, transparent, and robustly measured ESG profile. Through their development partners, Spark offers C&I companies a zero up-front cost solution to their energy needs, whilst significantly reducing their monthly power bills.

Acba Bank

Debt Financing in 2024
Founded in collaboration with Dutch Rabobank and German DG-Agroprogress, Acba Bank was established following a three-phase program initiated by Credit Agricole. The first phase involved a feasibility study for financing Armenian agriculture, leading to the creation of an agricultural bank modeled after European cooperative banks.

Elektrodistribucija Srbije doo Belgrade

Debt Financing in 2024
Elektrodistribucija Srbije doo Belgrade is a Serbian Public Electric Utility Company.

Husk Power Systems

Debt Financing in 2024
Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Ignitis group

Post in 2024
Ignitis Group is an international energy corporation that manufactures, distributes, supplies, and provides various energy-related services. Ignitis Group was founded in 2019 and is located in Vilnius, Lithuania.

MEDZ

Debt Financing in 2024
MEDZ’s vision is to maintain its leading position as a distinguished State partner in the implementation of sectoral strategies* to build a competitive Morocco.

Bank of Kigali

Debt Financing in 2023
Bank of Kigali is a commercial banking institution established in December 1966 and headquartered in Kigali, Rwanda. The bank provides a range of financial services, including loans, accounting, asset financing, foreign exchange, and trade services, catering to both individuals and businesses. With a focus on innovation, Bank of Kigali aims to be the leading provider of financial solutions in the region. The institution also emphasizes the importance of investing in its employees, offering rewards that motivate them to contribute effectively to the company and the community.

Leapfrog Investments

Private Equity Round in 2023
LeapFrog Investments, established in 2007, is a London-based private equity firm that focuses on growth-stage investments in the financial services and healthcare sectors. It primarily targets emerging markets, including Africa and Asia, with a particular emphasis on countries like Kenya, Nigeria, Ghana, South Africa, India, Indonesia, the Philippines, and Sri Lanka. The firm invests in businesses that provide essential financial and healthcare products and services, such as insurance, pensions, savings, credit, mobile payments, and medical products distribution. LeapFrog typically invests between $10 million and $50 million, aiming for both minority and majority stakes, and expects to exit its investments within four to seven years through IPOs, trade sales, or secondary sales.

Antibiotice

Post in 2023
Antibiotice S.A. is a Romanian pharmaceutical company founded in 1955 and headquartered in Iasi. The company specializes in the development and production of generic medicines, offering a diverse portfolio of approximately 150 products across 12 therapeutic classes for human use, as well as veterinary medicines. Its product range includes sterile injectable powders, capsules, tablets, ointments, gels, creams, suppositories, and pessaries, addressing a variety of medical conditions such as infections, dermatological issues, cardiovascular diseases, digestive tract disorders, and musculoskeletal ailments. Additionally, Antibiotice produces Nystatin, an active pharmaceutical ingredient. The company exports its products to around 75 countries worldwide, demonstrating its extensive reach in the global pharmaceutical market.

Husk Power Systems

Debt Financing in 2023
Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Repsol

Debt Financing in 2023
Repsol is a Spanish integrated energy company with global reach, providing oil and gas, downstream refining, and a growing portfolio of sustainable energy products and services. It pursues innovation to develop a new energy model and operates across regions including Brazil, Russia, and the United States. In 2024, it reported production of about 571,000 barrels of oil equivalent per day, proven reserves of roughly 1.8 billion barrels of oil equivalent, a refining capacity of about 1.0 million barrels per day, and 3.7 gigawatts of installed renewable power generation capacity.

Garanti BBVA Romania

Debt Financing in 2023
Garanti BBVA Romania is a prominent bank operating in the local market, known for its dynamic approach to banking and financial services. The bank serves a diverse clientele, including individuals, small and medium-sized enterprises, and corporate entities. It offers a comprehensive suite of products and services, such as debit cards, accounts, various types of loans, financing solutions, financial risk protection, and payment systems. Based in Bucharest, Garanti BBVA Romania is committed to meeting the financial needs of its customers through quality offerings and dedicated service.

Atea

Post in 2023
Atea is a leading supplier of IT infrastructure in the Nordic and Baltic regions, employing approximately 4,600 individuals across 72 cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia, and Estonia. The company specializes in providing a wide range of IT products from prominent vendors and offers expert services in IT infrastructure, supported by around 2,500 consultants and 6,500 technology certifications. Atea's product and service offerings include third-party hardware and software, mobile device management, security software, and maintenance and operation of IT systems. Its operations are structured into six business segments based on geographical areas and services, with the majority of its revenue generated from Sweden.

Masdar

Debt Financing in 2023
Masdar is a renewable energy company that develops large-scale clean energy projects. It aims to embody the UAE's commitment to sustainable practices and support its transition towards a knowledge-based economy.

Orange

Post in 2023
Orange is a global telecommunications company, founded in 1991 and headquartered in Paris, France. It operates in 30 countries across Europe and Africa, providing mobile and internet services to consumers, and corporate telecommunication services worldwide. Through its business arm, Orange Business Services, it caters to large corporates, local authorities, and SMEs, offering a comprehensive range of voice and data, IT, and integrated services. Additionally, Orange supports digital innovation through its international network of startup accelerators, Orange Fabs, which provides resources and expertise to startups in the digital space.

Icosagen

Debt Financing in 2023
Icosagen Group is a contract research provider and technology developer based in Tartumaa, Estonia, serving the biopharmaceutical and biotechnology sectors, as well as academic institutions. The company specializes in high-end biotechnology services, including protein and antibody production, as well as virus-like particle (VLP) production. Its product offerings encompass antibodies, proteins, ELISA kits, transfection reagents, and DNA/RNA isolation tools. Additionally, Icosagen provides quality control services, such as food microbiology testing and allergen testing. The company is involved in various international and national research initiatives, contributing to projects like INTENSO, MAARS, and EURIPRED. Icosagen's proprietary QMCF Technology allows for the stable expression of recombinant proteins and antibodies in mammalian cells, facilitating the development of cell-based assays for screening purposes. The Icosagen Group comprises three entities: the parent company Icosagen AS and its subsidiaries, Icosagen Cell Factory Ltd and IcoPark Ltd.

Bank Leumi

Post in 2023
Bank Leumi is a prominent banking institution in Israel, offering a wide range of financial services tailored to various segments, including corporate, commercial, and private banking, as well as financial management and capital market services. Established in 1902 and headquartered in Tel Aviv, the bank provides services such as deposit accounts, loans, credit products, investment counseling, and financial management solutions. It specializes in financing for international trade, mergers and acquisitions, and various projects, while also offering risk management tools to mitigate currency and interest rate fluctuations. Bank Leumi caters to middle-market businesses, wealthy individuals, and local authorities, and offers brokerage services within the securities market. Additionally, the bank engages in underwriting and distributing public and private offerings and provides credit card services. With 274 branches in Israel and 52 international locations across 15 countries, Bank Leumi serves a diverse clientele, including mutual and pension funds, commercial banks, and investment banks.

Autonom Group

Debt Financing in 2022
Autonom Group is a family-owned mobility network that specializes in transportation and car rental services across Romania, Hungary, and Serbia. The company offers a comprehensive range of services, including car rentals, purchase-use vehicles, operating leases, equipment leases, road assistance, transfer services, and fleet management. Autonom Group is committed to long-term growth driven by client satisfaction and the development of its employees. The company prioritizes profitability and financial stability as natural outcomes of its focus on customer service and employee evolution.

Nomagic

Series A in 2022
Nomagic, Inc. is a technology company based in Warsaw, Poland, specializing in robotic manipulation solutions for order fulfillment in e-commerce. The company develops smart pick-and-place robotic systems that enhance efficiency, flexibility, and reliability in warehouses. By automating tedious tasks, Nomagic's solutions help reduce fulfillment costs and address labor shortages, allowing operations to scale effectively and operate around the clock. Powered by artificial intelligence, their robotic systems continuously learn and adapt to changing conditions, enabling warehouse operators to improve agility and ensure reliable delivery of goods. Nomagic's technology has been implemented in notable locations, including packing lines at Cdiscount, a leading French eCommerce platform.

POCARED Diagnostics

Debt Financing in 2022
POCARED Diagnostics Ltd. is a medical device company based in Rehovot, Israel, that specializes in innovative in-vitro diagnostic solutions. Founded in 2004, the company has developed a next-generation microbiology platform known as the P-1000, which enables real-time, reagentless analysis of human fluids and specimens. This fully automated system allows for the rapid detection, quantification, and identification of pathogenic bacteria and yeast, significantly reducing the time required for result reporting from several days to just minutes. By streamlining the diagnostic process, POCARED Diagnostics enhances the ability of physicians to quickly diagnose and treat infectious diseases, ultimately improving patient outcomes. The company operates as a subsidiary of Naftali Investments Ltd.

Telecom Egypt

Debt Financing in 2022
Founded in 1854 with the first telegraph line in Egypt, Telecom Egypt has evolved into the Middle East's largest communication network provider. It specializes in fixed-line voice services and offers internet and data services across four segments: communications marine cables, internet services, outsourcing services, and other activities.

Starship Technologies

Debt Financing in 2022
Starship Technologies, Inc. is a robotics company that specializes in the design and manufacture of self-driving delivery robots intended for local goods transportation. Founded in 2014, the company is headquartered in London, United Kingdom, with a research and development center in Estonia. Its autonomous robots are capable of delivering parcels, groceries, and food within a 30-minute timeframe, operating autonomously 99% of the time. These robots utilize a suite of sensors, including cameras and GPS, to ensure safe and efficient curb-side deliveries from local hubs. Starship Technologies aims to revolutionize the delivery process by providing convenient services that enhance everyday life while promoting environmentally friendly practices and reducing costs associated with local deliveries.

Co-operative Bank of Kenya

Debt Financing in 2021
Established in 1965, Co-operative Bank of Kenya offers a range of banking services including corporate and retail banking, investments, and asset management. It operates through three main segments: Retail Banking, Wholesale Banking, and Group Functions.

Ecobank

Post in 2021
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.

Scope Fluidics

Post in 2020
Scope Fluidics S.A. is a Polish company specializing in the development and manufacturing of diagnostic devices, particularly focusing on innovative microfluidic systems for the collection of micro-samples of blood and the storage of reagents for diagnostic markers. Founded in 2010 at the Institute of Physical Chemistry of the Polish Academy of Sciences in Warsaw, the company aims to address global health challenges through advanced diagnostic and medical technology solutions. Scope Fluidics collaborates closely with academia and integrates insights from various fields, including medicine and business, to create high-potential innovations. The company operates through special purpose vehicles, including Curiosity Diagnostics and Bacteromic, each dedicated to specific projects. By fostering a collaborative environment among physicians, engineers, and scientists, Scope Fluidics develops effective solutions tailored to meet social needs and market demands.

UNIT.City

Debt Financing in 2020
UNIT.City is Ukraine's first innovation park, fostering startups, research, and globally successful businesses. It offers infrastructure, training programs, company development services, and networking opportunities to enable high-technology and creative businesses to thrive in a supportive ecosystem.

Resalta

Debt Financing in 2020
Resalta is an energy efficiency company based in Ljubljana-Črnuče, Slovenia, founded in 2011. The company specializes in providing innovative solutions to enhance energy consumption management and reduce environmental impact for clients across various sectors, including food, manufacturing, automotive, and finance. Resalta develops and implements energy efficiency projects tailored to the specific needs of its clients, conducting thorough analyses to optimize their energy use. In addition to its energy efficiency services, Resalta also focuses on developing renewable energy projects, contributing to the overall increase in renewable energy adoption in the countries where it operates. The company's mission is to help clients improve their business competitiveness while promoting sustainable practices.

Bolt

Debt Financing in 2020
Bolt Technology OÜ is a transportation platform based in Tallinn, Estonia, that provides ride-hailing, micromobility, and food delivery services. Founded in 2013, Bolt operates a smartphone application that allows users to book taxis directly, selecting options based on price and quality ratings, while also tracking the driver's arrival in real time. The platform aims to enhance urban mobility by offering a reliable and accessible alternative to traditional transportation methods, contributing to reduced traffic congestion and pollution in cities. With over 50 million customers across more than 40 countries, Bolt is recognized as one of the fastest-growing startups globally, striving to create a future with less reliance on car ownership.

Orange

Post in 2019
Orange is a global telecommunications company, founded in 1991 and headquartered in Paris, France. It operates in 30 countries across Europe and Africa, providing mobile and internet services to consumers, and corporate telecommunication services worldwide. Through its business arm, Orange Business Services, it caters to large corporates, local authorities, and SMEs, offering a comprehensive range of voice and data, IT, and integrated services. Additionally, Orange supports digital innovation through its international network of startup accelerators, Orange Fabs, which provides resources and expertise to startups in the digital space.

Software Group

Debt Financing in 2019
Software Group is a global technology company that specializes in digital banking and integration solutions tailored for the financial sector. With a presence in nine countries, including Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines, and the USA, the company employs a skilled team renowned for managing complex financial development projects. Software Group focuses on providing innovative delivery channels and integration tools to a diverse clientele, particularly microfinance institutions, savings groups, credit unions, banks, telecom companies, and fintech firms. The company is committed to delivering high-quality, transparent, and affordable products and services that facilitate digital transformation, enhance outreach, and improve operational efficiency for its clients.

MotorK

Debt Financing in 2018
MotorK is a SaaS provider specializing in digital sales and marketing solutions for the automotive retail industry across EMEA. With over 400 employees and offices in eight countries, MotorK empowers car manufacturers and dealers to enhance customer experience through integrated digital products and services.

Telkom Kenya

Debt Financing in 2018
Telkom Kenya, established in April 1999, is a prominent telecommunications operator in Kenya, providing a comprehensive range of integrated communication solutions. The company serves individuals, small and medium-sized enterprises, government entities, and large corporations with various services, including voice calling, messaging, and broadband data. With a commitment to delivering uninterrupted network connectivity, Telkom Kenya plays a significant role in the country's information and communications technology sector, catering to millions of customers across its GSM, fixed, and CDMA wireless platforms. As of June 2011, the company had approximately 2.8 million customers, reflecting its extensive reach and influence in the telecommunications market.

Development Bank of Nigeria

Venture Round in 2018
The Development Bank of Nigeria PLC is a financial institution established in 2015 and based in Abuja, Nigeria. It focuses on addressing the financing challenges faced by Micro, Small, and Medium Enterprises (MSMEs) and small corporations in the country. The bank provides a range of financial services, including financing, partial credit guarantees, wholesale lending, and technical assistance, aimed at supporting eligible financial intermediaries. By offering market-conforming and financially sustainable funding solutions, the Development Bank of Nigeria seeks to enhance the capacity of MSMEs, thereby fostering economic growth and development within the Nigerian economy. Its initiatives are designed to alleviate the financing constraints that hinder the growth of these businesses, supporting the overall economic landscape of Nigeria.

M-Birr

Venture Round in 2018
M-BIRR Limited is a fintech company based in Dublin, Ireland, established in 2001. It provides mobile banking services primarily through its flagship platform, M-BIRR, which enables financial institutions in Ethiopia to offer a range of mobile money services. This includes domestic money transfers, cash management, loan and savings repayments, and international remittance services. M-BIRR has established itself as the leading mobile financial service in Ethiopia, known for its extensive distribution network and high transaction volumes. The platform allows users to deposit and withdraw money from mobile wallets, pay utility bills, and facilitate offline purchases, thereby enhancing financial accessibility for both urban and rural customers. Additionally, M-BIRR offers consulting services in business, marketing, and strategy.

African Export-Import Bank

Debt Financing in 2017
African Export-Import Bank is a multilateral financial institution established in 1993 to promote and facilitate trade among African countries and between Africa and the global marketplace. Headquartered in Cairo, Egypt, the Bank offers a range of financing programs, advisory services, and guarantee products aimed at enhancing intra- and extra-African trade. These services include short-term trade guarantees, working capital and supply chain finance solutions for small and medium-sized enterprises, and various bonding facilities for export contracts. The institution serves a diverse clientele, including governments, corporations, and financial institutions, providing additional services such as sovereign and corporate advisory, capital markets assistance, and trade information. With an authorized share capital of five billion US dollars, the Bank plays a crucial role in the development and diversification of trade across the continent.

Electro Power Systems

Post in 2017
Electro Power Systems operates in the sustainable energy sector, focusing on hybrid-storage solutions and microgrids that convert intermittent renewable energy into a reliable power source. Headquartered in Paris, with research, development, and manufacturing facilities in Italy, the company has developed innovative hybrid energy storage technologies, supported by 125 patents and over a decade of research and development. These solutions are designed to stabilize electrical grids with high levels of renewable energy integration in developed countries and provide cost-effective off-grid power in emerging economies without relying on subsidies. Electro Power Systems has successfully implemented and is commissioning 36 large-scale projects, including off-grid hybrid systems and grid support systems, totaling over 47 MWh of capacity across 21 countries, serving more than 165,000 customers daily.

InspiraFarms

Series A in 2017
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

Upstream

Venture Round in 2017
Upstream S.A. is a mobile marketing technology company that operates the MINT platform, designed to enhance mobile commerce in high-growth markets. Founded in 2001 and headquartered in Athens, Greece, Upstream provides a comprehensive suite of mobile solutions, including marketing promotions, mobile content, loyalty programs, and advanced credit services. The company integrates with over 50 mobile operators across 43 markets, enabling 1.2 billion consumers to access and pay for digital subscription services seamlessly via their mobile devices. By tailoring high-value digital services to local market conditions and utilizing direct carrier billing, Upstream has successfully engaged half a billion consumers, converting 65 million into paying customers through subscription micro-payment models. With additional offices in key cities such as London, New York, Rio de Janeiro, and Dubai, Upstream aims to drive mobile commerce growth globally.

Amryt Pharma

Post in 2016
Amryt Pharma is a specialty biopharmaceutical company headquartered in London that develops and commercialises therapies for rare and orphan diseases. Its commercial portfolio includes Myalept, a leptin replacement used with diet to treat lipodystrophy, and Lojuxta, a lipid‑lowering agent for homozygous familial hypercholesterolaemia. The company also markets Episalvan, a wound‑healing product approved in the EU for partial‑thickness wounds, and is advancing it for epidermolysis bullosa. In early‑stage development, Amryt is pursuing FILSUVEZ for cutaneous manifestations of epidermolysis bullosa and AP103, a gene‑therapy platform for recessive dystrophic epidermolysis bullosa, as well as next‑generation somatostatin analogues for neuroendocrine disorders such as acromegaly and Cushing’s disease. Products are sold in the Americas, Europe and the Middle East.

Baobab Group

Private Equity Round in 2016
Founded in 2005 by Arnaud Ventura, Baobab Group is a leading digital finance company focused on financial inclusion for individuals and small businesses across Africa and China. With over 3,800 employees and 1,000 points of presence, the group has originated over EUR3 billion in loans, empowering hundreds of thousands of people.

NewIcon

Grant in 2016
NewIcon Oy is a health technology company established in 2007, recognized as the market leader in pharmacy automation systems in Finland. The company specializes in developing automated medication dispensing systems tailored for both hospitals and retail pharmacies. By leveraging robotics and advanced software, NewIcon enhances efficiency and safety in medication distribution, allowing healthcare providers to prioritize patient care. With a workforce of approximately 70 employees, NewIcon has successfully delivered pharmacy automation solutions to over 100 pharmacies and hospitals across several countries, including Denmark, Russia, Israel, Iran, and China. The company maintains a commitment to quality, operating under a certified ISO 9001 quality management system, and has achieved a turnover exceeding €7 million.

Baobab Group

Private Equity Round in 2015
Founded in 2005 by Arnaud Ventura, Baobab Group is a leading digital finance company focused on financial inclusion for individuals and small businesses across Africa and China. With over 3,800 employees and 1,000 points of presence, the group has originated over EUR3 billion in loans, empowering hundreds of thousands of people.

Better Place

Debt Financing in 2012
Better Place, an electric vehicle services provider, builds and operates an infrastructure and intelligent network to deliver services to drivers for the adoption of electric vehicles and optimization of energy use in North America, Japan, Australia, China, Denmark, and Israel. Its infrastructure and intelligent network provides electric car drivers with access to a network of charge spots, battery switch stations, and systems that optimize the driving experience. Better Place has a strategic partnership with Renault. Shai Agassi and Quin Garcia founded it on October 29, 2007, with its headquarters in Palo Alto in California. Better Place has operations in Israel, Denmark, and Australia. It filed for bankruptcy in November 2013.

Baobab Group

Private Equity Round in 2009
Founded in 2005 by Arnaud Ventura, Baobab Group is a leading digital finance company focused on financial inclusion for individuals and small businesses across Africa and China. With over 3,800 employees and 1,000 points of presence, the group has originated over EUR3 billion in loans, empowering hundreds of thousands of people.

Baobab Group

Private Equity Round in 2005
Founded in 2005 by Arnaud Ventura, Baobab Group is a leading digital finance company focused on financial inclusion for individuals and small businesses across Africa and China. With over 3,800 employees and 1,000 points of presence, the group has originated over EUR3 billion in loans, empowering hundreds of thousands of people.
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