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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 letter from Jacob de Geer – iZettle to join forces with PayPal May 18, 2018 Today is a very big day – for me and for...
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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 iZettle website.   About iZettle iZettle is on a mission to help small businesses succeed in a world of giants....
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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 million Series A led by regional venture fund BECO Capital, alongside Africa-based investor DiGAME Investment Company and...
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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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Technology | Stockholm | December 2017

iZettle secures €40 million

iZettle secures €40 million to accelerate growth
 iZettle, the leading small business commerce platform in Europe and Latin America, today announces it has raised €40 million in funding to accelerate its growth strategy and product...
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Infrastructure | Abu Dhabi, UAE | December 2017

Enviromena acquired by arjun

ENVIROMENA POWER SYSTEMS ACQUIRED BY ARJUN INFRASTRUCTURE PARTNERS Enviromena Power Systems (Enviromena), a leading clean energy project company in the Middle East and North Africa (MENA), today announced it has been acquired by ARJUN...
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Technology | Basingstoke, UK | November 2017

InstaVolt is ‘one to watch’

Electric vehicle charging firm InstaVolt has been named as ‘one to watch’ by experts in the clean energy industry. InstaVolt, which installs, operates and maintains rapid electric vehicle chargers across the United Kingdom, features in...
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