European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.

Horizon Capital, established in 2006, is a private equity firm headquartered in Kyiv, Ukraine, with an additional office in Chicago, Illinois. The firm specializes in buyouts, growth capital, and expansion opportunities, focusing on later-stage investments in small and mid-cap companies. Horizon Capital primarily invests in Europe, Central and Eastern Europe, with a particular focus on Ukraine, Moldova, and Belarus. The firm seeks to invest between $5 million and $20 million in private companies, typically acquiring control stakes, and aims to liquidate investments within three to five years through trade sales or initial public offerings. Horizon Capital's investment strategy centers around industry leaders in fast-growing sectors, younger companies in consolidating sectors, and mature industries with growth potential. The firm prefers sectors such as light manufacturing, information technology, financial services, and consumer goods, among others. Backed by over 40 institutional investors, Horizon Capital manages funds with assets under management of over $1.1 billion, demonstrating a 25-year tenure in the region.

Earlybird Venture Capital GmbH & Co. KG is a venture capital firm specializing in early stage, startups, growth and development stage, late, and expansion investments in private companies in seed, series A and B with a potential for later follow on investments. The firm typically invests in disruptive global consumer and enterprise internet and technology businesses, mobility and logistics, internet of things, marketplaces, communities, social networks, blockchain, mobile services, insurance, enterprise productivity, vertical integration, data, analytics and artificial intelligence, cloud computing, software/information technology, communications, healthcare, diagnostics, convergent technologies, and technology enabled services companies. It also invests in internet services, financial technology, cleantech, health technologies, web servers, B2B commerce, e-commerce software, digital media technologies, hardware, diversified financial services, media, medical technology, medical devices and biotech platform technologies. The firm typically invests in globally focusing on companies based in Europe, with an emphasis on German-speaking countries and Central Eastern Europe. The firm also invests in United States of America, Ukraine, GSA, Nordics, United Kingdom, Benelux, France, Southern Europe, Slovenia, Slovakia, Serbia, Romania, Western Europe, Poland, Montenegro, Moldova, Macedonia, Lithuania, Latvia, Kosovo, Hungary, Estonia, Czech Republic, Croatia, Bulgaria, Bosnia and Herzegovina, Albania, Germany, Turkey, and Jordan. It initially invests between €200,000 million ($0.22 million) and €5 million ($7.18 million) and can participate in subsequent rounds up to a total investment of €10 million ($14.37 million) to €15 million ($21.56 million) per Portfolio Company. The firm prefers to be the lead investor, take a minority stake, and a board membership in the portfolio companies. Earlybird Venture Capital GmbH & Co. KG was founded in 1997 and is based in Berlin, Germany with additional offices in Munich, Germany; Istanbul, Turkey; and the United States.

Gazelle Finance is a private equity and venture capital firm based in Tbilisi, Georgia, with an additional office in Yerevan, Armenia. It invests in high-growth small and medium enterprises in Eurasia, particularly Georgia and Armenia, providing capital through minority equity stakes and through buyouts, mezzanine, and growth capital. The firm targets sectors including agribusiness, light industry, transportation and logistics, healthcare and education, hospitality and tourism, and retail and trade services, and seeks long-term investments with exit possibilities via trade sales or public listings.

Endava is a software development outsourcing company that creates dynamic platforms and intelligent digital experiences for businesses. It primarily assists clients with their digital transformation efforts by creating customized software. Endava teams deliver the full project lifecycle, from application delivery and testing through to support, hosting, and managed services.

Innova Capital is a private equity firm focused on growth capital, buyouts, buyins, bridge financing, founder succession, spin-offs, buy-and-build, replacement capital, platform strategies, and cross-border expansion in mature and mid-market companies. It does not invest in turnarounds or startups. The firm targets industries including construction, manufacturing, energy, technology, media, financial services, consumer goods, telecommunications, healthcare, outsourcing, and other business services, with a geographic focus on Central Europe and Central Eastern Europe, particularly Poland, Slovakia, Croatia, Hungary, Romania, Moldova, the Czech Republic, Bulgaria, Germany, and Austria. Typical deal sizes range from €5 million to €75 million in equity, with enterprise values between $50 million and $184 million, and it pursues both majority and minority stakes. It can provide additional equity, debt, and mezzanine capital through its network of co-investors and lenders. Investments typically span three to five years, with exits by sale to a strategic investor or via an initial public offering. The firm is headquartered in Warsaw and operates an office in Bucharest; it was founded in 1994.

Founded in 2007, Qiwi operates electronic online payment systems across Russia, Kazakhstan, Moldova, Belarus, Romania, and the United Arab Emirates. It offers payment services through a network of kiosks and terminals, enabling customers to pay for goods and services, transfer money, and use prepaid cards. Additionally, it provides digital banking services under the Rocketbank and Tochka brands.

The European Union is a distinctive economic and political union comprising 28 member countries, which collectively span a significant portion of Europe. The EU aims to promote economic cooperation, ensure peace and stability, and facilitate the movement of goods, services, and people among its members. It serves as a framework for policy-making and governance, addressing various issues such as trade, environmental protection, and human rights. The official website, Europa.eu, provides essential information and services related to the EU, helping individuals navigate the complex landscape of European governance and initiatives. Through its collaborative structure, the European Union seeks to enhance the welfare of its citizens and foster a unified approach to regional challenges.

R12 Kapital is a private equity and venture capital firm based in Stockholm, Sweden, founded in 2009. It targets investments in the internet of things, manufacturing, commercial products, TMT, and related industrial sectors, and provides strategic advice and development support to its portfolio companies.

The U.S. International Development Finance Corporation (DFC) serves as America's development bank, focusing on financing solutions to pressing challenges in the developing world. DFC collaborates with the private sector to invest in projects that foster job creation in emerging markets across various sectors, including energy, healthcare, critical infrastructure, telecommunications, and support for small businesses and women entrepreneurs. The corporation is committed to adhering to high standards that prioritize environmental sustainability, human rights, and worker rights in all its investments.

Japan Bank for International Cooperation (JBIC) is a financial institution based in Tokyo, Japan, that plays a crucial role in providing international financing and export credit services. Established in 1999, JBIC specializes in lending, investment, and guarantee operations, offering a wide range of financial instruments, including export loans, overseas investment loans, and guarantees. The institution supports various sectors, including natural resources, infrastructure, industry, small and medium-sized enterprises (SMEs), and environmental projects. With an extensive network that includes additional offices in Osaka and numerous representative offices across major global cities, JBIC aims to foster the sound development of Japan and the international economy. It operates as a former subsidiary of Japan Finance Corporation and is known for its strategic partnerships, such as its collaboration with Novatek.

Headquartered in San Francisco with offices globally, Citi Ventures explores, incubates, and invests in innovative ideas across fintech, data analytics, commerce, security, marketing, property tech, distributed ledger technology, and digital assets. It collaborates with Citi colleagues, clients, and the broader innovation community to drive discovery of new value.

UniCredit is a major European financial group headquartered in Milan, Italy, offering a wide range of banking services to customers across numerous markets. Established in 1869, the institution has developed a significant presence with over 9,000 branches in 17 countries, employing more than 148,000 people. The bank provides personal and business banking solutions, including senior and subordinated debt, term loans, and revolving credit lines. UniCredit plays a crucial role in both Western and Eastern Europe, holding one of the region's highest market shares. The group is committed to driving innovation through initiatives like the UniCredit Start Lab Fintech Accelerator, which supports startups in the financial technology sector by providing co-working space, mentoring, and funding. Through these efforts, UniCredit aims to create a banking institution that meets the needs of all stakeholders and contributes to the economic development of communities throughout Europe.

FMO, the Dutch entrepreneurial development bank, is a financial institution based in The Hague, Netherlands, founded in 1970 through a collaboration between the Dutch government and various financial entities. It focuses on supporting the private sector in developing countries and emerging markets across Asia, Africa, Latin America, and Central and Eastern Europe. FMO provides a diverse range of financial products, including long-term project financing, private equity, loans, guarantees, and mezzanine financing. Its investment portfolio is primarily allocated to financial institutions, energy, agribusiness, food and water, and private equity. By offering capital, expertise, and networks, FMO aims to foster sustainable economic development and empower local businesses and projects.

Established in 1898, Rabobank is a global cooperative banking institution headquartered in Utrecht, Netherlands. It specializes in serving the food, beverage, and agribusiness sectors across 46 countries, offering tailored products and services backed by industry expertise.

Chernovetsky Investment Group is an investment company and venture capital firm based in Kyiv, Ukraine. It is a leading venture capital player in Eastern Europe and supports projects at all development stages, from startups to mature companies. The firm emphasizes partnerships with current owners rather than takeovers, focusing on collaboration with existing management. Its investment priorities cover innovative development and technologies, with emphasis on internet and information technology, including cloud computing, mobile applications, data management, big data, electronic payment systems, and software.

European Regional Development Fund encourages innovation, enhances regeneration, and provides support to businesses in the European Union.

Founded in 2003, Globant is a technology company specializing in digital transformation. It assists clients worldwide, predominantly in the US and Latin America, by creating customized software solutions. The company focuses on media and entertainment and financial services industries.

Emma Capital, founded in 2012, is a principal investment firm headquartered in Prague, Czech Republic with offices in Nicosia and London. It specializes in investments within the retail sector, focusing on Asian countries, Greece, and former Soviet Union republics. The firm prefers active involvement in portfolio company management.

Founded in 1991, Invalda INVL is a Baltic asset management group managing pension funds, mutual funds, alternative investments, private equity, and other financial instruments. With over 200 thousand clients across Lithuania, Latvia, and international investors, the company manages assets worth over 850 million euros.

KPN Ventures, established in 2015, is a corporate venture capital arm based in Rotterdam, Netherlands. As a subsidiary of KPN, a leading Dutch telecommunications and ICT services provider, KPN Ventures invests in early growth-stage European technology companies. It focuses on sectors such as networking technology, IoT, smart home, digital healthcare, cybersecurity, mobile services, cloud computing, data analytics, and more. The firm offers not only capital but also access to KPN's expertise, network, and customer channels to support its portfolio companies.

Founded in 2014, Keen Venture Partners is a venture capital firm based in London with an additional office in Amsterdam. It specializes in investing in fast-growing European technology companies at the Series A and B stages, focusing on information technology, software services, digital models, and fintech sectors.

Capricorn Partners is an independent venture capital firm based in Leuven, Belgium. Founded in 1993, it manages venture capital funds and makes technology-driven investments in innovative European growth companies, emphasizing technology as a competitive advantage across sectors such as consumer, healthcare, information technology, software as a service, manufacturing, life sciences, oncology, big data, clean technology and digital health.

Marlin Equity Partners is a private equity firm founded in 2005 and based in Hermosa Beach, California, with an office in London. The firm focuses on creating value through investments in growth equity, management buyouts, carve-outs, add-on acquisitions, restructurings, and other special situations across multiple industries. It targets software and technology, services, healthcare, consumer, industrials, manufacturing, distribution and logistics, aerospace and defense, and media, with emphasis on software, fintech, telecommunications, and internet-enabled businesses. Marlin pursues opportunities globally, including North America, Europe, South America, Australia, and Asia, typically investing in companies with revenues roughly ranging from 10 million to 2 billion and EBITDA from about 8 to 25 million, and it often takes a board seat to guide strategic direction. The firm also provides bridge financing and supports companies undergoing operational, financial, or market-driven change, drawing on an extensive network of resources to strengthen portfolio companies.

SBI Group aims to become a corporate entity that provides a variety of one-stop financial services over the Internet now that two major events, the Financial Big Bang resulting from deregulation, and the Internet Revolution resulting from IT innovation, have radically transformed the financial industry.

QPDigital is a venture capital firm established in 2020 and located in Kyiv, Ukraine. The firm specializes in investing in emerging technologies, focusing on sectors such as artificial intelligence, blockchain, digital healthcare, information technology, logistics, and gaming. QPDigital aims to enhance the business models of its portfolio companies by providing support in client acquisition, optimizing technical infrastructure, and facilitating connections with top industry providers. The firm is dedicated to fostering innovation and growth within its targeted sectors.

PPF Group is a Netherlands-based investment firm established in 1991, with a diverse portfolio that includes banking and financial services, telecommunications, biotechnology, real estate, insurance, and agriculture. The firm operates globally, extending its reach from Europe to Russia, the USA, and across Asia. PPF Group focuses on identifying business opportunities that are often overlooked or deemed too risky by others, seeking to uncover hidden value in these ventures. The firm's philosophy is rooted in responsibility, determination, and effective execution, all aimed at achieving superior investment returns. With a 25-year history, PPF Group has built a reputation for discipline, innovation, and professionalism, guided by its founder and majority shareholder, Petr Kellner.

Conseq Investment Management provides financial market information and advisory services, including wealth advice, retirement planning, and funding solutions.

GAWA Capital is an impact investment firm based in Madrid, Spain, founded in 2009. The company focuses on promoting social and economic development by providing financial support to social enterprises in underserved and low-income markets. GAWA Capital raises and manages investment funds aimed at making both debt and equity investments, thereby seeking to generate financial returns for investors while creating a positive impact on society. The firm serves as the Alternative Investment Fund Manager for the Huruma Fund and acts as an advisor to the Global Financial Inclusion Fund, as well as managing an open-ended fund in Spain called Magallanes Impacto FIL.

R Systems, founded in 1993, is a global provider of technology and analytics services, dedicated to helping organizations accelerate the time-to-market for their products and services. The company serves a diverse clientele, including Fortune 1000 and mid-sized enterprises across various industries such as Banking and Finance, Telecom and Media, HealthCare, Manufacturing and Logistics, and Government. R Systems operates under three global brands—Computaris, Indus, and ECNET—offering specialized solutions in areas like Banking and Financials, Insurance, Telecom, and Manufacturing. The company’s extensive service offerings encompass enterprise software, CRM services, cloud enablement, big data and IoT analytics, data science, machine learning, robotic process automation, digital transformation, and business automation, as well as cybersecurity and infrastructure management.

Founded in Japan, Mitsui & Co. is a global general trading company with diverse business areas including energy, machinery, chemicals, food, textile, logistics, finance, and more. It engages in procurement, supply, sales, investment, and project development across various industries worldwide.

PEQ Invest is a Swedish private equity firm that focuses on investing in and developing small and medium-sized companies in Sweden. The firm primarily raises capital from a select group of private investors, which includes accomplished entrepreneurs and athletes. PEQ Invest is based in Stockholm and targets investments across various sectors, particularly in B2B, manufacturing, and industrials. The company is dedicated to fostering growth and enhancing the value of the businesses in which it invests.

Accession Capital Partners, previously known as Mezzanine Management Finanz- und Unternehmensberatungs GmbH, is a private equity firm established in 2000 and headquartered in Vienna, Austria. The firm specializes in mezzanine financing, focusing on management buyouts, recapitalizations, and growth capital investments in mature, middle-market companies. Accession Capital Partners targets sectors such as financial services, healthcare, consumer goods, business services, manufacturing, and information technology, with a particular emphasis on new European Union member states in Central and Eastern Europe, including Poland, Slovakia, Romania, and Bulgaria. The firm typically invests between €5 million and €50 million in companies with sales values ranging from €10 million to €400 million, enterprise values between €20 million and €400 million, and EBITDA from €2 million to €50 million. Accession Capital Partners does not engage in investments related to real estate, alcohol, tobacco, firearms, project finance, startups, or high-tech companies. With a strong local presence and established relationships in the region, the firm has positioned itself as a preferred partner for financial sponsors and business owners.

Axxess Capital is a private equity firm established in 1995 and headquartered in Bucharest, Romania. The firm specializes in investing in lower mid-market companies, primarily targeting sectors such as paints and coatings, banking, financial services, and retail, particularly within Romania and Bulgaria. With over 15 years of investment experience in the region and more than €250 million in equity invested, Axxess Capital operates funds that focus on investments ranging from €5 million to €15 million, typically over a term of three to seven years. The firm boasts the largest team in Southeast Europe, comprising over 15 professionals, including investment experts, finance specialists, and legal advisers, which allows it to leverage a blend of local knowledge and international insights.

Founded in 1996, Buenavista Equity Partners is an independent private equity group operating primarily in the Iberian Peninsula and South-Eastern Europe. The firm focuses on buyouts and expansion deals, backing medium-sized companies with growth potential to become regional market leaders.

Apax Partners is a London-headquartered private equity firm with a global presence, focused on long-term investments in growth and middle-market companies. It specializes in direct investments and fund-of-fund activities, employing multi-stage equity strategies that include late-stage, growth capital, leveraged buyouts, management buyouts, buy-ins, and recapitalizations. The firm concentrates on technology and telecommunications, retail and consumer, financial and business services, media, and healthcare, seeking opportunities worldwide including North America, Europe, and Asia. It actively participates on the boards of its portfolio companies and typically takes majority stakes, with limited if any syndication outside its investor group. Founded in 1969, Apax Partners emphasizes sector expertise, global reach, and active value creation.

The Belgian Investment Company for Developing Countries (BIO) is an economic development agency located in Brussels, Belgium, founded in 2001. Its primary goal is to foster a robust private sector in developing and emerging countries, facilitating access to sustainable growth and development. BIO directly invests in private sector projects, contributing significantly to the socio-economic development of the host countries. The agency's mandate emphasizes specific geographical targets, diverse financing tools, and a strong focus on the impact of its investments on development, aligning with international development goals. The management of BIO's assets is overseen by its executive management team, ensuring that its initiatives effectively support sustainable economic progress in the regions it serves.

Invest AG is the private equity and venture capital arm of Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, specializing in investments in small and medium-sized enterprises. Established in 1994 and headquartered in Linz, Austria, the firm manages a portfolio of approximately 180 million euros, focusing on expansion and growth financing, management buyouts, and other financial strategies, while avoiding investments in tourism and restructuring. It generally invests between 1.5 million and 15 million euros, seeking a stake of no more than 49 percent in the companies it supports. The firm operates primarily in southern Germany, Austria, and Switzerland, with a particular emphasis on the Upper Austrian region for young entrepreneurs. Invest AG has invested in over 140 companies across various sectors and aims to exit its investments through methods such as IPOs and trade sales. The firm prides itself on providing long-term stability and expertise to its partners, assisting them in operational, commercial, and strategic matters.

Baring Vostok Capital Partners, established in 1994, is a private equity firm headquartered in Moscow, Russia, with additional offices in Limassol, Cyprus, and Guernsey. The company invests in various stages of growth and across diverse sectors, including technology, media, natural resources, and consumer goods, primarily in Russia and the CIS region.

Established in 1983, Northwood Ventures is a private equity firm based in Hobe Sound, Florida. The company invests in venture capital and buyout opportunities across various sectors, including consumer goods and services, communications, manufacturing, and financial services. With a unique long-term investment horizon, experienced professionals, and an entrepreneurial approach, Northwood Ventures partners with successful management teams to generate superior returns.