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Technology | Stockholm - Sweden | August 2018

Readly raises €10m for next stage of global expansion; adds new investor Swedbank Robur

Readly, the global digital magazine newsstand, today announced it has raised €10m in additional funding to drive the next stage of its growth. The latest round of funding comes from new investor Swedish fund Swedbank Robur and London based Zouk Capital. The company will use the funds to further its international expansion and support growth in its existing...
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Technology | | June 2018

Taulia Addresses $14tr Trapped in Supply Chains

Working capital pioneer brings together business leaders to explore innovations unlocking $14 trillion trapped in supply chains globally San Francisco, June 2018: Taulia, the global pioneer of technology-enabled working capital solutions today announced that it is hosting two working capital summits - the biggest of their kind seen in North America. The...
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Technology | | June 2018

DiGAME awarded Best Large Cap Exit for GetSmarter

At the 7th Annual Private Equity Africa Awards hosted at London's Langham Hotel on 12. June, DiGAME Investment Company was awarded 'Large Cap Exit of the Year' for the 2017 sale of GetSmarter. In May of 2017, South African online education provider GetSmarter was sold to US firm 2U, Inc. for US$103 million. DiGAME CIO, Samer Salty, received the award...
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Technology | Stockholm | May 2018

PayPal to acquire iZettle for $2.2bn.

iZettle has agreed to be acquired by PayPal in a deal valuing the business at $2.2bn. Zouk has been an investor since 2014 and is the largest investor in iZettle.  CEO Jacob de Geer commented on the deal in a open letter.   An open...
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Technology | Stockholm | May 2018

iZettle announces IPO

iZettle, the Swedish financial technology company backed by Zouk Capital, has announced its intention to proceed with an initial public offering and to list its shares on Nasdaq Stockholm.  To read the full announcement please visit the...
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Technology | Egypt | September 2021

Egyptian startup Swvl raises $8 million Series A

The company that connects Egypt’s 25 million daily commuters to buses seeks to optimize micro-transit within and beyond Egypt SWVL, the premium app-based mass transit system disrupting commuting in the MENA region, announced a USD8...
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Technology | Stockholm | March 2018

Readly appoints new CEO

The Board of Readly International, the digital magazine newsstand, has announced the appointment of Jörgen Gullbrandson as Chief Executive Officer. Jörgen Gullbrandson has over 20 years of experience from various management roles....
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Technology | Basingstoke, UK | March 2018

InstaVolt teams up with Bannatyne Heath Clubs

Members at Bannatyne Health Clubs will soon be able to charge their electric cars in less time than it takes to do a spin class. Duncan Bannatyne’s health club empire is working with InstaVolt to install rapid DC chargers at its sites...
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Technology | Stockholm | January 2018

Swedish pension funds invest in iZettle

Swedish pension funds AP1 and AMF have acquired shares in iZettle, investing a total of €20 million. The shares were acquired from early stage investors selling portions of their holdings. The news follows the announcement of iZettle’s...
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Technology | San Francisco | January 2018

Off Grid Electric Secures $55 Million

Off Grid Electric Secures $55 Million Series D Funding, Expands Footprint in Africa with EDF Off Grid Electric – a leading rooftop solar provider in Africa, where it’s known by its consumer brand Zola – today announced major growth...
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