M&As, Funding & Investments
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Phytolon raises US$14.5M to commercialize proprietary colors
ISRAEL – Phytolon, an Israeli food-tech start-up, has raised US$14.5 million in a Series A funding round, led by DSM Ventures. Other investors included Cibus…
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IFC to back Equatorial Coca Cola Bottling Company’s expansion plan with US$71m financing
MOROCCO – Equatorial Coca-Cola Bottling Company (EECBC), bottling company for The Coca Cola Company operating in West and North Africa, is eyeing a €70 million…
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Ardagh Glass double production capacity at South Africa based plant with US$95m investment
SOUTH AFRICA – Ardagh Glass Packaging Africa (AGP Africa), former Consol Glass, has commissioned a R1.5 billion (US$95m) extension of its Nigel production facility in…
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Sentient Ventures opens new US$30M funding Kitty for potential alt protein startups
UK – Sentient Ventures, a private equity firm, has set up a new £30 million (US$30.33M) impact fund to support the growth of the international…
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B2B platform Duhqa closes US$2m seed round to scale its service offering
KENYA – Kenyan startup Duhqa, a B2B platform for retail distribution of consumer goods in FMCG, Cold Chain and Pharmaceuticals, has closed a US$2 million…