Tag: baobab

Apis Partners exits Baobab as Beltone Capital takes majority stake

Apis Growth Fund I, a private equity fund managed by UK-based asset manager Apis Partners, has signed binding agreements to fully exit its stake in Baobab, a prominent financial services provider in Africa.

Africa Specialty Risks launches first Africa-focused Lloyd’s Consortium

Africa Specialty Risks (ASR), a reinsurance group dedicated to the African and Middle Eastern markets, has launched Baobab, the first Africa-focused Lloyd’s Consortium. The initiative,...

Global InsurTech seed deal activity drops more than 50% in Q1...

Key Global InsurTech seed investment stats in Q1 2023 • InsurTech deal activity reached 39 deals in Q1 2023, a 53% drop from Q1 2022 •...

European InsurTech deal activity halved in Q1 2023 

Key European InsurTech investment stats in Q1 2023: • European InsurTech deal activity reached 37 deals in Q1 2023, a 51% drop from 2022 levels •...

German InsurTech Baobab lands €3m investment

Berlin-based cyber insurance platform Baobab has scored €3m from UK-listed FinTech fund Augmentum.

Cyber insurance startup Baobab nets pre-seed

Baobab, which bundles cybersecurity and cyber insurance services, has reportedly collected €3.5m in its pre-seed funding round.

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