Managers
Swedish-based investment platform Trine has partnered with Altech Group, a Democratic Republic of Congo-based (DRC) distributor of clean energy products and services.
The new partnership, totalling EUR5 million across multiple tranches, is set to accelerate investments in solar in the DRC, expanding access to clean, reliable, and affordable energy for off-grid and poor-grid households.
The first debt financing round will finance over 3,000 solar home systems in one of the most energy poor countries in the world. These systems are expected to reach nearly 14,000 people with clean energy across 21 of DRC’s 26 provinces and are estimated to reduce
MPC Energy Solutions has acquired a 3.4 MW Combined Heat and Power (CHP) project in Puerto Rico. The project will sell the produced heat and power under a 12-year USD-denominated energy service agreement to a pharmaceutical company.
This is MPC Energy Solutions’ first acquisition since its listing on the Oslo Stock Exchange’s Euronext Growth segment in January 2021. The acquisition is subject to customary closing conditions and expected for August 2021.
The project is currently under construction with expected commissioning to take place in August 2021. Once complete, it is expected to produce 25,000-30,000 MWh of energy supply annually
Funds advised by IK Investment Partners (IK) are to invests in Mecenat Holding AB Mecenat. Financial terms of the transaction have not been disclosed.
Mecenat is a marketing technology company which promotes unique discounts to its community of students and young professionals. The Company is headquartered in Gothenburg and operates across Sweden with over 4,500 vendors offering discounts and deals to more than 1.2 million students and recent graduates.
The Company was founded in 1998 by its CEO Jonas Levin and has pioneered the Swedish student discount market. The platform provides special offers across a range of products and
Oakley Capital’ sOakley Capital Origin Fund (Origin Fund) has acquired controlling stakes in Afterbuy and DreamRobot, two providers of e-commerce software in the German-speaking region, which will be combined to become the newly formed ECOMMERCE ONE Group.
The two companies provide a comprehensive suite of Software as a Service (SaaS) solutions for small to mid-sized online merchants selling their products through web shops and online marketplaces, such as Amazon or eBay. The platform enables its users to manage and automate difficult, manual and time-critical processes, such as multi-channel product listing, data collection and stock management. Together, more than EUR50 billion of
Adrian Love – formerly an Investment Manager at Dorrington PLC – has joined Love Ventures to lead the firm’s PropTech sector investments ahead of the business’s latest early-stage tech fund launch.
Love Ventures specialises in the FinTech, PropTech and ConsumerTech sectors. It is now preparing its second fund which will continue to invest in disruptive tech businesses at Seed-to-Series A while providing UK investors with EIS-eligible tax efficient opportunities.
Its successful initial fund attracted investment from over 50 experienced high net-worth and sophisticated investors, the funds being raised and deployed in under 12 months. Its experienced advisors have successfully exited
Iksuda Therapeutics (Iksuda), the developer of a new generation of antibody drug conjugates (ADCs) with raised therapeutic index, today announced it has completed a USD47 million (circa GBP34 million) financing round, co-led by Mirae Asset Capital and its subsidiaries, Celltrion and Premier Partners, with the Company being advised by Ashfords LLP.
The funding will support the advancement of Iksuda’s lead ADC assets and expansion of its payload and conjugation platform technologies.
Iksuda’s lead pre-clinical candidate, IKS03, is a best-in-class CD19-targeted ADC candidate for B-cell cancers. The investment will enable progression of IKS03 to first-in-human phase 1 clinical trials. It
Exponent has reached an agreement to sell BBI Healthcare (BBIH) or the ‘Business’, an international provider of differentiated self-care products serving Women’s Health, Diabetes and Energy Management markets, from BBI Group to Venture Life Group plc (Venture Life), a specialist in developing, manufacturing and commercialising products for the international self-care market.
BBIH is a division of BBI Group, a diagnostics-focused business acquired by Exponent from Alere in 2015. BBIH has a brand presence in over 80 per cent of major UK retailers. Its key brands are Balance Activ, the UK’s number one treatment gel and pessary for symptoms of Bacterial
KKR, a global investment firm, and Ensono, a leading hybrid IT services provider, have closed the previously announced acquisition of Ensono by KKR. Ensono provides a comprehensive suite of services that help enterprises manage, optimise and modernise their IT systems across mainframe, cloud and hybrid infrastructure.
“Joining the KKR family strengthens our position as a leading managed service provider and enables us to grow and drive innovation to meet the changing needs of our clients,” says Jeff VonDeylen, CEO of Ensono. “We have a great partner in KKR who shares our values, our vision, and is committed to our success.”
Uruguayan fintech payments company dLocal, the country’s first unicorn, has raised USD617.65 million in its initial public offering, which started trading on Thursday on the Nasdaq under the symbol ‘DLO’.
Of the shares sold, close to 4.4 million were by dLOcal and 25 million by its existing investors. JP Morgan, Goldman Sachs, Citigroup and Morgan Stanley were the lead underwriters for the IPO.
Led by its 30-year-old CEO Sebastián Kanovich and headquartered in Uruguay, dLocal is the first unicorn to come out of one of South America’s smallest countries. Kanovich is a pioneer in the EM payments space, having spun off dLocal from AstroPay in January 2016.
The startup, whose high-profile backers include General
Dutch blockchain investment fund Maven 11 Capital has raised EUR40 million which it will invest in start- and scale-ups creating innovative financial services and building Web 3.0. using blockchain technology.
The new fund is a direct response to the explosive demand for investment in, and mentoring of, start-ups in decentralised finance, where cutting edge technology plays a central role. Due to this, and the rapid development of DeFi and Web 3.0, the fund could very well close before summer’s end.
“Blockchain technology allows the creation of a completely new infrastructure enabling financial services without the intervention of a third party.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
