EBRD (Investment Firm)

The European Bank for Reconstruction and Development (EBRD) was established to help build a new, post-Cold War era in Central and Eastern Europe. It has since played a historic role and gained unique expertise in fostering change in the region - and beyond -, investing more than €130 billion in a total of over 5,200 projects. The EBRD is also heavily involved in providing project financing in the Middle East and Africa.

Sue Barrett

Director, Head of Infra TMEA, SIG

Harry Boyd-Carpenter

Director, Head of Energy EMEA

Alistair Clark

MD, Environment and Sustainability Department

Hassan El-Khatib

MD, Equity

Anne Fossemalle

Director, Equity Funds

Susan Goeransson

Director and Head of Infrastructure

Remy Hassendorfer

Senior Banker - Corporate Equity / Principal Investment

Janet Heckman

MD for the southern and eastern Mediterranean region

Natalia Khanjenkova

MD for Central Asia and Russia

Jean-Patrick Marquet

MD, Turkey

Tamas Nagy

Director, Co-head Private Equity

Douglas Nevison

EBRD Board Director

Nandita Parshad

MD, Sustainable Infrastructure

Matteo Patrone

Director and Regional Head Romania and Bulgaria

Claudia Pendred

Director, Property and Tourism

Eric Rasmussen

Director, Head of Natural Resources

Kanako Sekine

MD, Portfolio

Nick Tesseyman

MD, Financial Institutions

Christopher Upton-Hansen

Associate, Private Equity Funds

Ilker Yoney

Director, Co-head Private Equity

140 past transactions

Modanisa

Private Equity Round in 2019
Modanisa is an online fashion retailer for women's Islamic clothing, dresses and accessories. The site offers clothing and accessories to women of all ages and offers shipping and delivery all over the world. The site also trends latest hijab styles for women along with fashion tips for the Muslim regions. Designer abayas and jilbabs, Kayra, Armine, Aker and Tekbir are also sold online.

Enerjisa

Post in 2021
Enerjisa Enerji A.S. operates as electricity distribution and retail company in Turkey. It distributes electricity in Baskent, Ayedas, and Toroslar regions. The company is operating in a regulated sector and serving 21.5 million users in 14 provinces in Turkey. It also provides marketing, energy management, and energy consultancy services. Enerjisa Enerji A.S. was founded in 2011 and is headquartered in Istanbul, Turkey.

Lantmännen Axa

Debt Financing in 2020
Lantmännen Axa are producer of breakfast cereals in Ukraine that is owned by Sweden’s agribusiness cooperative, Lantmännen.

Erste Bank ad Novi Sad

Debt Financing in 2021
Erste Bank a.d. Novi Sad provides various banking products and services in the Republic of Serbia. The company operates through Retail, Small and Medium Enterprises, Commercial Project Financing, Large Corporate Clients, and Financial Markets segments. It offers current and savings accounts; and loans, which include housing, cash, refinancing, and energy efficiency loans, as well as project financing and overdraft facility. The company also provides credit cards; life, property, travel, and comprehensive insurances; financial leasing; and standing orders, retail safe boxes, electronic money transfers, and guarantee operations services. In addition, the company invests in real estate properties; develops and constructs properties and property complexes; offers asset management and construction services; and provides various capital market services, such as market creation, short-term liquidity management, custody operations, commercial operations, and other activities. It operates a network of 7 business centers, 46 branches, 9 sub-branches, and 4 counters in Serbia. The company was formerly known as Novosadska banka a.d., Novi Sad and changed its name to Erste Bank a.d. Novi Sad in December 2005. The company was founded in 1989 and is headquartered in Novi Sad, Serbia. Erste Bank a.d. Novi Sad is a subsidiary of EGB CEPS Holding GMBH.

Procredit Bank Macedonia

Debt Financing in 2019
Procredit Bank Macedonia is a development-oriented commercial bank.

Kokhavynska Paper Factory

Debt Financing in 2021
Kokhavynska Paper Factory is a producer of recycled base paper and tissue.

Land'Or

Debt Financing in 2022
Land'Or Société Anonyme produces and sells cheese products worldwide. It offers processed and food preparation cheese products in various forms, including triangles and squares, grated and sliced, and block forms, as well as spreadable and pizza cheeses. The company provides its products under the Land'Or, Fondant, and MozzaPizza, brands to the retail, hotel, restaurant, consumer, industrial, importing, and professional markets. Land'Or Société Anonyme was founded in 1994 and is based in Tunis, Tunisia.

Alcatraz AI

Series A in 2022
Alcatraz AI replaces badging as an access point identification method by leveraging facial recognition, 3d sensing, and AI. The company builds a facial authentication platform using AI and 3D sensing to enable a highly secure and frictionless entry into physical locations. Alcatraz AI was founded in 2016 and is headquartered in California, USA.

Craft

Series B in 2022
Craft Docs is a computer software company that specializes in the fields of mobile apps and productivity tools. The company was founded in 2019 and headquartered in Budapest, Hungary.

Uludağ İçecek

Debt Financing in 2021
Uludağ İçecek is the beverage producer.

Pollfish

Series B in 2018
Pollfish is disrupting the legacy research space with a real-time survey platform, the largest distributed mobile consumer network and “organic sampling,” our next-generation sampling methodology that features randomized and spontaneous invitations delivered programmatically while the respondent is naturally engaging in one of our 10K+ partner apps. We combine all of this with advanced machine learning techniques to identify and eliminate poor quality respondents at the question level for a truly end-to-end experience from invitation through to completion.

Scalarr

Series A in 2021
Scalarr detects the ad install fraud by using machine learning and big data algorithms. It helps mobile app developers and ad networks around the world to fight against all types of fraud, including attribution fraud, bots and emulators, incentive injections and more. High accuracy and proactive approach in alerting are the core for stopping fraudsters before they can ruin the product economy.

Mobiasbanca

Debt Financing in 2021
Mobiasbanca is a bank in Moldova.

BasharSoft

Series B in 2018
BasharSoft LLC develops Web-based online recruitment software solutions in Egypt. It offers WUZZUF, a job board for various job seekers and employers, including companies ranging from small startups to multinational corporations; a talent management and job board engine to develop custom job boards for niche segments and industries; WiseRec, an online recruitment tool for small and medium enterprises; and workforce planning software systems. The company was founded in 2009 and is based in Cairo, Egypt.

WUZZUF

Series B in 2018
Wuzzuf, LLC operates an online recruitment site in Egypt. Its platform allows visitors to find jobs in the areas of accounting/finance, customer service, engineering, sales, marketing/PR, art/design/creative, human resources, software development, and others; and employers and recruiters to advertise their jobs. The company was founded in 2009 and is based in Cairo, Egypt. Wuzzuf, LLC operates as a subsidiary of BasharSoft LLC.

Hellas Direct

Venture Round in 2021
Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and artificial intelligence. The Cyprus-based company is backed by a roster of leading investors, including Portag3, IFC (a member of the World Bank), Endeavor Catalyst, former Goldman Sachs economist Lord O’Neill and private equity veteran Jon Moulton. Modelling itself on Amazon, Hellas Direct aims to disrupt the insurance value chain by adopting an extreme focus on operational excellence.

Trafi

Series A in 2017
Trafi is the most technologically advanced platform for mobility solutions, powering the world’s leading companies and cities. The technology suite is tailor-made to operate mobility services. From white label MaaS solutions to deep analytics, we enable our partners to become the driving forces of urban mobility. Founded in 2007 with offices in Berlin, Vilnius and London, Trafi is proud to count companies like Lyft, Google, Apple, Volkswagen, Skoda, and cities including Berlin, Jakarta, and Rio de Janeiro amongst our clients.

Credit du Maroc

Debt Financing in 2020
Credit du Maroc is pleased to participate in the national program of support and financing for small businesses and project leaders.

S.C. Pehart Tec

Funding Round in 2009
S.C. Pehart Tec S.A. manufactures tissue paper. The company was founded in 2005 and is based in Târgoviste, Romania.

Netlog Lojistik

Debt Financing in 2020
Netlog is a Turkey based, integrated logistics and transport services provider with operations in three continents. Netlog Logistics is the largest transport company in Turkey, and one of the fastest growing logistics companies in the EMEA region. Netlog has 23 companies and market leading logistics service brands in its portfolio, and operates an owned network of freight forwarding offices in key markets worldwide, as well as 74 warehouses across the EMEA region. Since 2013, Netlog has been in transition from being the “Lead local logistics player” to the “Leading regional logistics service provider.”

Causaly

Series A in 2019
Causaly is an AI for Biomedical Cause & Effect discovery, empowering researchers and decision makers to quickly find causal evidence and generate insights from vast amounts of documents. The company is developing a machine-reading platform that turns free-flow text into causal knowledge graphs and applies machine learning to surface new knowledge. This helps users to accelerate their research schedules and improve time-to-insight significantly.

Rohlik

Series B in 2021
Rohlik is an innovative grocery delivery startup that offers a 90-minute same-day delivery service. Since its inception, Rohlik has been growing and is on track to EUR 300 mil. revenues in 2020. Rohlík is an online supermarket that delivers food and service to allow its customers to eat and live better.

Trafi

Series B in 2020
Trafi is the most technologically advanced platform for mobility solutions, powering the world’s leading companies and cities. The technology suite is tailor-made to operate mobility services. From white label MaaS solutions to deep analytics, we enable our partners to become the driving forces of urban mobility. Founded in 2007 with offices in Berlin, Vilnius and London, Trafi is proud to count companies like Lyft, Google, Apple, Volkswagen, Skoda, and cities including Berlin, Jakarta, and Rio de Janeiro amongst our clients.
Erdene is a Canadian-based resource company with over 15 years experience in precious and base metal exploration in underexplored and highly prospective Mongolia. Our strength comes from a major new gold discovery, a world class molybdenum-copper porphyry resource, and a recent alliance with Teck Resources to fund and explore a copper porphyry discovery and Erdene’s large land holding located in southwest Mongolia, 200 kilometres from the China border. The 100%-owned Altan Nar gold discovery is a very large, near surface gold-polymetallic mineralized system that extends over a 5.5 kilometre by 1.5 kilometre area.

National Bank of Kuwait

Debt Financing in 2021
Since its incorporation in 1952 as the first indigenous bank and the first shareholding company in the entire Gulf region, NBK has been known as ‘The Bank You Know And Trust’. Thanks to the recognized excellence of its very stable management along with its unequivocal strategy, consistent profitability, high asset quality and strong capitalization, NBK, throughout the years, succeeded in building an advanced banking institution that offers a full spectrum of innovative and unrivalled financial and investment services and solutions to individuals, corporate and institutional clients. NBK enjoys a dominant market share with a large and ever expanding local and regional clientele. NBK also boasts the largest overseas branch network spanning many of the world financial and business centers.

PKP Energetyka

Venture Round in 2015
PKP Energetyka S.A. supplies and sells electricity for industrial facilities, residential buildings, and commercial buildings in Poland. It also offers electric traction power for rail carriers; and power engineering services, such as installation of lighting systems, and emergency servicing of power equipment. In addition, the company builds, modernizes, and maintains electrical systems; designs and advises in the areas of supervision of work in the power sector. Further, it sells liquid fuels to railway carriers. The company was founded in 2001 and is based in Warsaw, Poland.

Cotton Way

Venture Round in 2014
Cotton Way is the leader of the Russian market of services for leasing and professional processing of textiles. The long experience of our company in the processing of textiles, the largest network of industrial laundries and dry cleaners, modern European equipment, effective detergents and highly qualified personnel guarantee the unsurpassed quality of the services provided. The company offers a comprehensive service, which includes the purchase of property, its processing and delivery directly to the customer. The possibility of renting the necessary textiles allows the client to concentrate on the main type of activity.

Webinar.ru

Series A in 2014
Webinar or Webinar - an online event where one or more speakers may make presentations, trainings, sales-meetings, meetings for groups from a few to several thousand participants to the Internet or corporate network.Key features Webinar.ru: hold videoconferences, teleconferences, chat, display presentations (Power Point) and documents (Word, Excel, etc.), display screen, online surveys opportunity to invite any number of participants and speakers from all over the world.

Onedio

Series B in 2016
Onedio is a new media platform which provides everything from video, short & funny lists, tests & breaking news for its visitors to share. According to Alexa, it is the most visited Turkish website in Turkey( June 2016). Onedio has 90M+ monthly visits, 25M+ unique visitors, that most of this came from mobile within 18-30 yo audience. Onedio is also publishing in Russian & English. Its strong technical foundation is providing easy to scale platform for native ad networks & international expansions

WUZZUF

Series B in 2020
Wuzzuf, LLC operates an online recruitment site in Egypt. Its platform allows visitors to find jobs in the areas of accounting/finance, customer service, engineering, sales, marketing/PR, art/design/creative, human resources, software development, and others; and employers and recruiters to advertise their jobs. The company was founded in 2009 and is based in Cairo, Egypt. Wuzzuf, LLC operates as a subsidiary of BasharSoft LLC.

Khan Bank

Debt Financing in 2023
Khan Bank is a universal bank and a customer of FMO.

Korzinka

Private Equity Round in 2020
FE Anglesey Food LLC – an operator of 50 ‘korzinka.uz’ and ‘korzinka.uz DISKONT’-branded stores across Uzbekistan.

Haus.me

Grant in 2018
Haus.me offers an autonomous intelligent house that is assembled and equipped in the factory and delivered ready-to-go. This modern house combines autonomous and off-the-grid capabilities, fast and solidly built technology using 3D-printing, and the ability to make its own decisions with AI Smart HomeOS system. Haus.me implements these features in three luxury models - Autonomous Houses mOne 400 sq.ft., mTwo 800 sq.ft., and mFour 1600 sq.ft. - An energy-efficient, self-sustainable, and intelligent house that perfectly works in any climate. The company launches manufacturing facilities in the US and Europe and processes orders all over the world.

Plum Fintech

Venture Round in 2020
Plum Fintech is a developer of personal savings assistant solutions for customers. It offers Plum that monitors the daily spending and automatically sets money aside that the user won't need; analyzes the account to learn about the income, expenses, and spending patterns, monitors the current account and every few days transfers some money from it to the user’s Plum savings, and notifies the users about their balance. Alex Michael and Victor Trokoudes founded Plum Fintech on February 1, 2016. It has its headquarters in London in the United Kingdom.

Vitaminka

Debt Financing in 2016
"Vitaminka" is fully privatized company, a process completed in 1999. The dominant package of shares is held by small group of employees of the company. Shares concentration process continues.The world increasingly recognizes us by our slogan "The World of Tastes", the production program with a broad range of tastes (sweet and salty, and sour and hot), appetizers and after meal product programs, food seasonings, desserts, snack products, production program for all ages, and our basic strategy is to continue spreading more and confirm all this in wider group of customers throughout the world."Vitaminka" has no separate groups of products specially designed for domestic and for foreign markets. The production quality is equal regardless of the target market.

Uludağ İçecek

Debt Financing in 2014
Uludağ İçecek is the beverage producer.

obilet.com

Series C in 2021
oBilet Bilisim Sistemleri A.S. offers an online bus ticket booking platform. The company is based in Istanbul, Turkey.

Alcatraz AI

Series A in 2022
Alcatraz AI replaces badging as an access point identification method by leveraging facial recognition, 3d sensing, and AI. The company builds a facial authentication platform using AI and 3D sensing to enable a highly secure and frictionless entry into physical locations. Alcatraz AI was founded in 2016 and is headquartered in California, USA.
Georgia Healthcare Group PLC, together with its subsidiaries, provides healthcare services in Georgia. It operates through five segments: Referral Hospitals, Clinics, Diagnostics, Pharmacy and Distribution, and Medical Insurance. The company operates 18 referral hospitals with a total of 2,967 beds that offer inpatient and outpatient medical services; 19 community clinics with 395 beds and 15 polyclinics that provide outpatient medical services; and 296 pharmacies. It also offers a range of diagnostics services, including basic and complex laboratory tests; and a range of medical insurance products, such as personal accident, term life, and medical and travel insurance policies to corporate and retail clients. In addition, the company provides medicines and para-pharmacy products. The company is headquartered in London, the United Kingdom. As of July 16, 2020, Georgia Healthcare Group PLC was taken private.

Raya Foods

Debt Financing in 2019
They supply you frozen vegetables and fruits with a superior quality in both local and international markets. Their large supply of raw materials enable us to be flexible and agile in processing orders.They offer customized specifications: cut size, mixes, degree of blanching and many other.

Viva Wallet

Venture Round in 2021
Viva Wallet provides innovative acquiring and issuing services to businesses of any size, based on their individual needs. The company was founded in 2010 and has presence in the UK, Belgium, Romania, Greece, Cyprus. It is an entirely cloud-based licensed e-money institution for the provision of payment services in the EEA-31 countries and Principal Member of MasterCard and Visa for issuing and acquiring and a partner to leading global companies, such as Microsoft, Alipay, and PAX.

Johnson Matthey

Post in 2020
Johnson Matthey is an international speciality chemicals company, founded almost 200 years ago in London. Technology leadership forms the basis of our strategy to deliver superior long term growth

HTEC Group

Debt Financing in 2020
HTEC GROUP is a technology consulting and engineering services company headquartered in San Francisco with offices in Serbia, Scandinavia, and the UK. HTEC brings together leading technology experts, creative teams, business consultants and over 300 engineers skilled in product development, hardware engineering, data science, artificial intelligence, and scalable cloud platforms to deliver fully integrated solutions. We are perfectly positioned and equipped to provide high-end technology solutions in support of demanding corporate clients looking to improve their business by digitalizing existing processes, and developing new products and services. Through partnerships with global corporate customers, as well as some of the most disruptive startups, we are proud to be engaged in the development of products used by millions all over the world. Our engineering teams have delivered solutions to support various industries including medical, transportation, collaboration&productivity, real-estate, retail, energy management, multimedia, robotics and automation.

Euro Manganese

Post in 2022
Euro Manganese Inc. engages in the evaluation, exploration, and development of mineral assets in the Czech Republic. Its principal property is the 100% owned Chvaletice manganese project located to the east of Prague, the Czech Republic, which is involved in the re-processing of a leachable manganese deposit for the production of high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate, as well as other high-purity manganese products. Euro Manganese Inc. was incorporated in 2014 and is based in Vancouver, Canada.

Louis Dreyfus Company

Debt Financing in 2020
Louis Dreyfus Company is a global merchandiser of commodities and a major asset owner and processor of agricultural goods. Its business includes trading and merchandising of commodities and processing of agricultural goods, operating a significant network of assets around the world. It was founded in 1851 and is headquartered in Rotterdam, Zuid-Holland.

Evim.net

Series A in 2013
Evim.net is a membership-based Turkish private shopping site for home decoration and accessories. It offers a variety of products such as home textiles, kitchenware, small appliances, mother-child products, household products, and electronic products. It allows members to make purchases at discounted prices of up to 80%. Evim.net also allows its members to invite their friends to join the program.

Sanoat Qurilish Bank

Debt Financing in 2023
Sanoat Qurilish Bank offers a wide range of financial services.

Banka per Biznes

Debt Financing in 2021
BPB was licensed on 29 March 2001 by the Central Banking Authority of Kosovo (CBAK), being the third licensed bank in Kosovo. BPB has mostly domestic capital, distinguished for its flexibility, efficiency and customer care.

KDL Test

Private Equity Round in 2012
KDL Test, LLC provides laboratory diagnostic services. The company operates five regional labs in Perm, Omsk, Kazan, Krasnodar, Astrakhan, and 60 blood collection points. The company was founded in 2003 and is based in Moscow, Russian Federation.

DenizBank

Debt Financing in 2023
DenizBank was founded in 1938 as a state-owned bank in order to provide funding for the developing Turkish maritime sector. Acquired by Zorlu Holding from the Privatization Administration as a banking license in early 1997, DenizBank was further acquired in October 2006 by Dexia, a leading financial group in Europe. Continuing its activities under Dexia umbrella for 6 years, DenizBank operates as from 28 September 2012 under the roof of Sberbank of Russia, Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries.

HTEC Group

Debt Financing in 2022
HTEC GROUP is a technology consulting and engineering services company headquartered in San Francisco with offices in Serbia, Scandinavia, and the UK. HTEC brings together leading technology experts, creative teams, business consultants and over 300 engineers skilled in product development, hardware engineering, data science, artificial intelligence, and scalable cloud platforms to deliver fully integrated solutions. We are perfectly positioned and equipped to provide high-end technology solutions in support of demanding corporate clients looking to improve their business by digitalizing existing processes, and developing new products and services. Through partnerships with global corporate customers, as well as some of the most disruptive startups, we are proud to be engaged in the development of products used by millions all over the world. Our engineering teams have delivered solutions to support various industries including medical, transportation, collaboration&productivity, real-estate, retail, energy management, multimedia, robotics and automation.

Mobiasbanca

Debt Financing in 2020
Mobiasbanca is a bank in Moldova.

CallPoint New Europe EAD

Series A in 2011
CallPoint New Europe EAD is a business process outsourcing company.

Causaly

Series A in 2021
Causaly is an AI for Biomedical Cause & Effect discovery, empowering researchers and decision makers to quickly find causal evidence and generate insights from vast amounts of documents. The company is developing a machine-reading platform that turns free-flow text into causal knowledge graphs and applies machine learning to surface new knowledge. This helps users to accelerate their research schedules and improve time-to-insight significantly.

ACWA Power

Post in 2023
ACWA Power International develops, invests, co-owns, and operates a portfolio of power generation and desalinated water production plants. The company’s projects include thermal, solar PV, solar CSP, and wind. It also offers operations and maintenance service for the power and water desalination industry in Saudi Arabia. The company was founded in 2004 and is headquartered in Riyadh, Saudi Arabia with regional offices in Dubai, Istanbul, Cairo, Rabat, Johannesburg, Hanoi, and Beijing. It has operations in Saudi Arabia, Oman, the United Arab Emirates, Jordan, Morocco, South Africa, Turkey, Vietnam, Mozambique, and Egypt. ACWA Power International operates as a subsidiary of ACWA Holding Company.

Erste Bank Sparkasse

Debt Financing in 2020
Sparkasse Bank Makedonija as a part of the Steiermärkische Sparkasse and Erste Group offers a full range of banking services for companies and private individuals, striving to ensure high efficiency and reliability to the clients, utilizing the broad international experience of the Group.

Garanti BBVA Leasing

Debt Financing in 2021
Garanti BBVA Leasing offers financing models suited to the investment finance needs of its customers and provides consultancy services.

BRN Sleep Products

Private Equity Round in 2015
BRN Sleep Products is a privately held company that is a suppliers of mattresses, covers, boxsprings and adjustable beds.

KupiVIP

Series D in 2012
KupiVIP is a Russian online fashion retailer selling discounted fashion and home goods from high-street and luxury brands. It has grown rapidly to become a household name in Russia, with 6 million customers. The online fashion retailer hosts up to 20 private online flash sales every day. KupiVIP was launched in 2008 by Vladimir Kholyaznikov, Mikhail Konoplev, and Oskar Hartmann. It is based in Moscow, Russia.

SolarGaps

Grant in 2018
SolarGaps are smart blinds that automatically track the sun and generate electricity from its energy. Simply plug in SolarGaps and solar energy starts to power all devices in your home. It can even store power in your home battery storage solution so you can use it as an emergency power supply. With SolarGaps, you produce your own electricity to save on your electricity bills. With our smartphone app, you can monitor and control SolarGaps from anywhere in the world.

obilet.com

Series C in 2019
oBilet Bilisim Sistemleri A.S. offers an online bus ticket booking platform. The company is based in Istanbul, Turkey.

PandaDoc

Series B in 2020
PandaDoc is an all-in-one document automation software that streamlines the process of creating, approving, and eSigning proposals, quotes, and contracts. Using PandaDoc, revenue teams can provide their customers a more professional, timely, and engaging experience.

Türk Ekonomi Bankası

Debt Financing in 2023
Turk Ekonomi Bankasi (Turkish Economy Bank), abbreviated TEB, was founded in 1927 by private capital holders as a regional bank under the name of Kocaeli Bankasi T.A.S. in Izmit, Turkey. In 1981, the Bank was purchased by a group who changed the name of the Bank to Türk Ekonomi Bankası in 1982. The Bank has been reputed for its successful management and cautiousness since, being active in commercial and private banking. In March 2005, TEB has signed a joint venture agreement with the French BNP Paribas SA, one of the largest financial associations in the world. TEB is aggressively expanding its retail network in Turkey since and has more than 240 branches as of 2Q 2007. Mr. Varol Civil is the CEO of the bank. TEB has also two other subsidiaries outside Turkey. TEB NV (The Economy Bank) in the Netherlands, and TEB Sh.A. in Kosovo.

Xac Bank

Debt Financing in 2023
Xac Bank is the fourth largest bank in Mongolia with a loan portfolio of 395M USD, serving 298,000 borrowers and savers clients and deriving a yearly ROE of 22%. Xac Bank has demonstrated its ability to adapt to a fast growing and fast changing economic environment in Mongolia, on the back of a booming mining industry, and has re-focused its operations away from microfinance to SME, consumer lending and mortgages. In order to manage the associated risk, the bank has heavily invested in systems and human capabilities in order to serve the increasing need of underserved SMEs and urban as well as rural population. Xac Bank has also built an in-house mobile platform currently under upgrade in order to better serve the needs of its customers. Xac Bank is actively involved in deploying government and developmental funds to provide easier access to low cost housing and environment friendly energy to the lower layers of the Mongolian population. Finally, Xac bank is constantly providing non-financial services to the community under the form of financial literacy programs and business support to its lowest income customers via association with NGOs.

Air Astana Airlines

Debt Financing in 2021
Air Astana provides airline carrier services in Kazakhstan. The company provides carrier services in Central Asia. Its fleet consists of various aircraft. The company was founded in 2002 and is headquartered in Astana, Kazakhstan.

Juhayna Food Industries

Debt Financing in 2013
Juhayna Food Industries is a Egypt-based manufacturer specialized in the production, processing and packaging of milk, yoghurt, juice and juice concentrate. During the past three decades Juhayna has succeeded in winning the loyalty of consumers who have come to view our wide variety of quality products as trusted household names.

Forasna

Series B in 2018
Forasna owns and operates a job listing and recruitment platform. The platform lists blue-collar jobs from various companies in Middle East and allows job seekers to search and apply for jobs. The company was founded in 2015 and is based in Cairo, Egypt. Forasna operates as a subsidiary of BasharSoft LLC.

Credo Bank

Debt Financing in 2023
JSC CREDO Bank provides a range of financial products and services to micro, small, and medium businesses in Georgia. It offers loans, start-up loans, installments, credit and debit cards, insurance products, remittances, deposits, and accounts for individuals and businesses, as well as payroll services for businesses. JSC CREDO Bank was formerly known as JSC Microfinance Organization Credo and changed its name to JSC CREDO Bank in March 2017. The company was founded in 1997 and is based in Tbilisi, Georgia. JSC CREDO Bank operates as a subsidiary of Access Microfinance Holding AG.

Marti

Series B in 2021
Marti Technologies Inc., a micro-mobility company, provides electric vehicles for local transport in MENA and Eastern Europe. The company was incorporated in 2018 and is based in Istanbul, Turkey.

Moldova Agroindbank

Debt Financing in 2020
BC Moldova Agroindbank SA provides various banking products and services to the individuals, legal entities, corporate, and private customers in Moldova. The company offers business cards; loans, including agriculture loans, micro-enterprises, small enterprises, microcredit, factoring, and credit restart; bancassurance; deposits; e-services; capital market services; and investment services. Further, it engages in the leasing and forex operation activities. BC Moldova Agroindbank SA was founded in 1991 and is based in Chisinau, Moldova.

EximBank Moldova

Debt Financing in 2022
EximBank is a commercial bank offering quality services for the corporate segment as well as the retail segment.

Enforta

Series C in 2008
Enforta uses a variety of technologies (including WiMAX) to offer Russians internet, telephone, VPN and custom telecom/IT solutions. The company serves more than 7000 clients in 18 cities of Russia. Complete service packages including both voice and data services start at $20 per month. In December of 2003 Enforta acquired ZAO Prestige Internet and in 2005 they acquired OOO Evgenia. Later in 2005 the company launched its first wireless broadband services. The name "Enforta" is derived from the Latin word "forte" (strong) and the English word "enforce" (to strengthen), which makes sense since the company is trying to "strengthen" customer communications.

Scandagra Group

Debt Financing in 2022
Scandagra Group is the holding company that was established in 2006, with the ambition to better utilize and create synergies, know-how, and competencies across both geographical, and ownership scopes in the Baltic region. Through joint procurement and sales of agricultural production input and output, the objective is for each subsidiary to grow in competitiveness in its domestic market.

MAYKOR

Private Equity Round in 2013
MAYKOR is the largest group of companies in the Russian service and outsourcing market, and a specialized provider of integrated maintenance services for IT equipment, building utility systems and business applications. MAYKOR’s mission is to provide effective infrastructure maintenance and development services for large and medium-sized businesses country-wide. The MAYKOR Group unites such companies as NST, CRT Service, Expertek and BetterFly Services that have been on the IT market for more than 13 years. With our own nationwide network of 83 branches and 400 local offices, MAYKOR is an one-stop-shop service provider. The company employs more than 3000 certified engineers. The MAYKOR's customer base is comprised of more than 950 businesses, including the largest geographically distributed companies from all industries. MAYKOR has a unique competence center, advanced specialized training programs for technical personnel, a developed logistics infrastructure, an automated service tracking and control system, as well as an ISO-compliant quality management system.

Manta

Series B in 2022
MANTA is the core of all data flows in the organization and with its lineage capabilities, it enables digital transformation. The self-service platform demonstrates the data journey in a way that is clear and easily understandable to those at all levels of the organization. MANTA lineage delivers actionable intelligence to accelerate development, shorten time to market, speed up the modernization process, boost governance efforts, ensure data quality, and enforce data security. The company was founded in 2015 and is based in New York, United States.

Dolidol

Debt Financing in 2018
Established in 1972, Dolidol is one of the oldest mattress manufacturers in Morocco and a leading player in the industry. The Dolidol household brand name is one of the most recognized and widely used foam and bedding brands throughout Morocco, perceived as being higher-end with better quality products. Dolidol manufactures and sells polyurethane foam, mattresses and sofas, as well as non-woven textile. Dolidol has developed a wide distribution network in Morocco with 46 owned stores, 10 distribution facilities and over 1,100 distributors.
dom.ai — Autonomous Self-Sustainable Off-the-Grid 3D-Printed Smart House. They reinvent a house. This prefabricated housing solution combines autonomous and off-the-grid capabilities, fast prefabricated technology using 3D printing, and HomeOS - the operating system for houses with an ability to make its own smart decisions.

Targetprocess

Series A in 2018
Targetprocess Inc. develops agile project management software. It provides a visual interface to manage software development projects in a collaborative way. It provides online help that is accessible directly from the tool. The help system presents articles on main topics and videos on major features. Additionally, it also offers a number of additional features that connects it with other tools for software development activities, such as source control, bug tracking, and time management. The company also operates as a reseller of software products. Targetprocess Inc. was incorporated in 2006 and is based in Amherst, New York.

GoOpti

Series A in 2016
GoOpti is a Slovenian based transport as a service company , well known for its low-cost shuttle service to airports and cities in Slovenija, Italy, Austria, Croatia and Germany. GOpti combines passengers with similar travel time limits in the same vehicle at a very affordable price. GoOpti currently operates in 5 countries with plans to expand further internationally. The GoOpti tagline 'Airport at your doorstep'' refers to its highly popular door-to-door transfers. GoOpti success has resulted in transporting over 700,000 passengers.

PandaDoc

Series B in 2017
PandaDoc is an all-in-one document automation software that streamlines the process of creating, approving, and eSigning proposals, quotes, and contracts. Using PandaDoc, revenue teams can provide their customers a more professional, timely, and engaging experience.

Allset

Series B in 2020
Allset is a food pre-ordering service that offers a platform that connects local restaurants to its busy diners. The company focuses on diners looking for quick meals, has seen rapid shifts in neighborhood demand patterns, as well as surging interest in promoting contactless pickup options. Its platform connects local restaurants and diners for everyday dining that is easy, frictionless, and healthy with the help of advanced technology. Headquartered in Los Angeles, California, Allset was co-founded by Stas Matviyenko and Anna Polishchuk in 2015.