European Bank for Reconstruction and Development

European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.

Sue Barrett

Director and Head of Infrastructure

Maria Barsuk

Investor

Alistair Clark Ph.D

Managing Director, Environment and Sustainability Department

Matteo Colangeli

Regional Director, Western Balkans

Mark Davis

Managing Director, Southern and Eastern Mediterranean

Past deals in Grant

Proofminder

Grant in 2024
Proofminder is a pioneering company that has developed a leaf-level farming platform designed to enhance precision agriculture. Established in 2021, the company integrates artificial intelligence and visual data to provide micro-level actionable insights on every leaf and plant, thereby aiding growers in achieving sustainable production goals. The platform offers a wide array of features, including plant monitoring, disease detection, crop assessment, flower detection, and weather damage analysis, enabling field crop and vegetable producers to optimize their operations throughout the growing season. By partnering with drone service providers and other key players in the agroindustry, Proofminder aims to create a seamless experience for growers, whether they are involved in seed production, orchards, or various types of crops. Recognized for its innovative approach, Proofminder was awarded "Most Innovative Agri Startup of 2021" by the Hungarian Chamber of Agriculture and has been shortlisted as one of the top three agri innovations globally in 2021 and 2022. The company's mission is to contribute to a more sustainable, innovative, and profitable future for the agroindustry, regardless of environmental changes.

Star Group

Grant in 2024
Star Group works to make society a better place by supplying our customers with high-quality, safe products on a daily basis, adapting swiftly to shifts in demand, and providing the best possible terms available.

MELT

Grant in 2024
Melt pioneers the world's first freeze-based water purification technology, offering eco-friendly, maintenance-free devices that deliver ice, cold, hot, and sparkling water. Designed with sustainability and innovation in mind, Melt’s products provide high-quality water while minimizing environmental impact. With a focus on user convenience and advanced functionality, Melt is transforming the water purification landscape, catering to homes and businesses globally.

Curious Sparrow

Grant in 2024
Curious Sparrow, based in Belgrade, is a unique business that specializes in creating personalized books for both children and adults. They combine innovative technology, storytelling, illustrations, and psychological insights to produce high-quality, customized hardcover books. Operating across eight markets in Central and Eastern Europe, Curious Sparrow has sold over 200,000 books since its inception, offering a thoughtful and cherished gift option for customers.

OTP Leasing

Grant in 2023
OTP Leasing is a financial firm that offers used cars, leasing, angel investment, and personal finance.

Kumulus Water

Grant in 2023
Kumulus Water develops atmospheric water generators that produce drinking water using solar power and air humidity. Their decentralized units operate autonomously with remote digital monitoring, ensuring businesses have a sustainable and economical supply of clean water.

Cropler

Grant in 2023
Cropler is a technology company specializing in AI-driven agricultural advisory services. It has developed a multispectral optical sensor that collects real-time field data, enabling farm management platforms, farms, and consultants to make data-driven decisions, reduce risks, and enhance crop yields. The company's AI-powered digital agronomical assistant provides real-time crop information, weather updates, soil moisture data, disease detection, and smart notifications, facilitating remote plant monitoring and effective agricultural management.

Ukrposhta

Grant in 2022
Ukrposhta sends and receives shipments from all over the world, as well as orders mail products sent to the most distant corners.

Haus.me

Grant in 2018
Haus.me specializes in manufacturing autonomous houses made from polymer GFRP composites. These homes are designed to be self-sustainable and energy-efficient, with distributed power management software and cloud engineering for optimal performance. They are suitable for all climates worldwide.

Passive House Institute

Grant in 2018
Passive House Institute is a research institute. They also provide certified old building modernization with passive house components, architecture , technology, and ecology services.

SolarGaps

Grant in 2018
SolarGaps develops smart blinds with built-in photovoltaic modules that automatically track the sun to generate electricity and regulate indoor temperature. The system integrates solar panels in the blinds to generate power for electrical devices and can store energy in battery storage for emergency use. The product enables homeowners and commercial spaces to produce their own energy, reduce electricity costs, and improve energy efficiency, while allowing remote monitoring and control via a smartphone app. The company is headquartered in Kyiv, Ukraine.
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