Bolt

Bolt is a leading mobility and delivery services platform, headquartered in Tallinn, Estonia and operating across Europe, Africa and Asia.

After the initial investment in Bolt in 2019, Invenfin sold one-third of its shares ahead of Bolt's €600m Series F fundraising round co-led by Sequoia and Fidelity in January 2022. With this partial exit, Invenfin returned more than its total investment in Bolt and achieved a net IRR of 85%.

"We see mobility solutions as a major long-term theme in Africa and were excited by Bolt's plans to provide services that would make a difference to millions of people while disrupting the market and getting economies moving."

- Stuart Gast, CEO Invenfin

"We are pleased to have a strong investor based in Africa, a key region for us, and look forward to continue working with the Invenfin team."

- Markus Villig, CEO Bolt