Acquisition AI/ML MEGA DEAL

$680M

InstaDeep

Tunisia January 2023 North Africa

About this Deal

BioNTech acquired InstaDeep for $680M the largest African startup exit.

Investors

Lead: BioNTech

BioNTech

Other Rounds by InstaDeep

Acquisition $680M Jan 2023

Deal Details

Amount$680M

TypeAcquisition

InstrumentEquity

SectorAI/ML

FounderMale-led

StatusClosed

Company

InstaDeep
Startup · Tunis

Other Companies in this Market

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InstaDeep Tunisia AI champion acquired by BioNTech

ETAP - Entreprise Tunisienne d'Activités Pétrolières National oil company

Zitouna University Historic Islamic university since 8th century

SICAM Tunisia Leading food processor

SNCFT - Société Nationale des Chemins de Fer Tunisiens National railway

La Poste Tunisienne National postal service

People in this Space

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Karim Beguir Founder @ InstaDeep Tunisia

Karim Jouini Founder @ Expensya

Karim Jouini Founder @ Expensya

Karim Beguir Founder @ InstaDeep

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