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Intelligence

The Ecobank Group secures EUR100m credit facility from EIB to Fund SMEs

Ecobank Group, a pan-African banking group, has signed an agreement for a EUR100 million long-term credit facility over nine years with the European Investment Bank (EIB). The facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular support for the sectors most impacted by

Golding appoints new Director of ESG

Golding Capital Partners, a European independent asset managers for alternative investments, is combining all of its ESG functions into a new position filled by Christian Schütz, who will be the central liaison officer for implementing the company’s ambitious sustainability goals both internally and with regard to its investments. 

Digital Nature raises EUR1.5m to bring Moomin stories to life in an interactive showroom

Finnish startup Digital Nature has raised EUR1.5 million in seed funding to create new growth and attraction opportunities for shopping centres and other public venues.  The round was led by renowned business angels, including Mikko Kodisoja and Visa Forsten, co-founders of Finnish decacorn Supercell. The funding will go towards developing

Alter Domus makes substantial investment in central operations

Alter Domus, a provider of integrated solutions for the alternative investment industry, is enhancing its European service offering by making substantial investments in its central operations. The initiative is focused on building additional technology capability, expanding its European footprint, and continuing to recruit exceptional, multilingual talent to support Alter Domus

WBD advises Piper on GBP33m investment in Omlet

Law firm Womble Bond Dickinson (WBD) has advised longstanding client Piper, a leaing specialist investor in consumer brands, on its GBP33 million minority stake investment in Omlet, a design-led pet accessories brand sold exclusively online.

Surge Private Equity’s Access Dental acquires Optim Dental

Surge Private Equity (Surge) has acquired Optim Dental and Vogue Dental (Optim Dental) via its healthcare platform Access Dental Management (Access Dental).  With a reported transaction value of approximately USD10 million, the deal closed with debt financing provided by Corbel Capital Partners (Corbel). Founded in 2014, Optim Dental has built

Seraphim makes USD12.5m investment in Astroscale

Seraphim Space Investment Trust, the world’s first listed fund focused on SpaceTech, has made a new USD12.5 million investment in Astroscale Holdings Inc, a specialist in satellite servicing and long-term orbital sustainability across all orbits.  Astroscale closed a USD109 million series F round which was led by THE FUND Limited

Startup SearchLand secures GBP200,000 seed investment

Proptech startup SearchLand has secured a GBP200,000 seed investment to accelerate its development of the world’s first fully automated site sourcing tool. The funding, which came from a number of angel investors, is London-based SearchLand’s first investment to date. The round was part SEIS and part EIS. Founded in 2020,

Oghma Partners advises Sykes Seafood on Risk Seafoods acquisition

Oghma Partners, corporate finance advisers to consumer industries, has acted as exclusive financial adviser to the shareholders of UK-based Sykes Seafood Limited (Sykes) on the acquisition of Ruskim Seafoods Limited (Ruskim). The combination of Ruskim together with Sykes Seafood and Klaas Puul creates a USD500 million, pan-European, shrimp-focused seafood business

Mednow makes strategic investment in US virtual care provider Doko Medical

Mednow Inc, a Canadian on-demand virtual pharmacy, has closed a CAD500,000 investment in Doko Medical (Doko Medical) by way of convertible debenture (the Doko Investment), for a 2.8 per cent equity interest at a CAD17.5 million pre-money valuation. Doko Medical is a virtual healthcare provider operating across the US. Currently

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