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LATEST NEWS
04 May
  • Estonian-founded platform Funderbeam secures $40M round led by VentureWave
  • CS:GO now has a map that tells the world about Russian war crimes in Ukraine
  • Romanian-founded hackajob raises $25M in Series B round
  • Czech startup Cruxo secures €800k from Presto Ventures and Zaka VC
  • Over €96M raised across 127 transactions in Q1 2023 — Polish VC report
  • Bulgarian Eleven Ventures leads a $2M round for Romanian-founded startup Pluria
  • Ukrainian AI startup Osavul raises $1M seed from SMRK
  • Finnish biotech Origin by Ocean receives €7.5M in seed funding
  • Austrian Round2 Capital invests in German crowdtesting provider Testbirds
  • Startup of the Day: Ukraine’s Zeely, a sales-growth mobile app
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Editor's Choice

Polish VC funds form a coalition to invest €15 million in Polish startups. How it works

Ukrainian-founded Fintech Farm raises $22M, with the valuation possibly exceeding $100M

One of the biggest tech events in CEE, Infoshare 2023, will be held on May 24-25 in Gdansk

Apple distributor in Ukraine, Asbis, sanctioned for its work in Russia

Editor's Choice

Ukrainian-founded Fintech Farm raises $22M, with the valuation possibly exceeding $100M

Polish VC funds form a coalition to invest €15 million in Polish startups. How it works

One of the biggest tech events in CEE, Infoshare 2023, will be held on May 24-25 in Gdansk

Apple distributor in Ukraine, Asbis, sanctioned for its work in Russia

Poland
  • Over €96M raised across 127 transactions in Q1 2023 — Polish VC report

  • Over €96M raised across 127 transactions in Q1 2023 — Polish VC report
  • Polish biotech Genomtec raises €2.9M from share issue
  • Polish-founded Cosmose AI raises strategic investment from NEAR Foundation
  • Poland’s Ciech Ventures joins $5.5M round for UniSieve, Swiss cleantech 
  • One of the biggest tech events in CEE, Infoshare 2023, will be held on May 24-25 in Gdansk
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Poland
  • Over €96M raised across 127 transactions in Q1 2023 — Polish VC report

  • Over €96M raised across 127 transactions in Q1 2023 — Polish VC report
  • Polish biotech Genomtec raises €2.9M from share issue
  • Polish-founded Cosmose AI raises strategic investment from NEAR Foundation
  • Poland’s Ciech Ventures joins $5.5M round for UniSieve, Swiss cleantech 
  • One of the biggest tech events in CEE, Infoshare 2023, will be held on May 24-25 in Gdansk
Show all
Ukraine
  • Ukrainian AI startup Osavul raises $1M seed from SMRK

  • Ukrainian AI startup Osavul raises $1M seed from SMRK
  • Startup of the Day: Ukraine’s Zeely, a sales-growth mobile app
  • Ukraine launches BRAVE1 cluster for the defense technologies development. What do startups expect?
  • Apple distributor in Ukraine, Asbis, sanctioned for its work in Russia
  • Ukrainian aviation startup InputSoft raises $250k. SID Venture Partners is among the investors
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Finland
  • Sulapac, Finnish startup raises financing for its bio-based material innovation 

  • Sulapac, Finnish startup raises financing for its bio-based material innovation 
  • Finland’s platform for electric vehicle charging Virta secures €85M growth funding
  • Finland's mobile game studio Cosmic Lounge raises €4M in a seed round
  • Finnish influencer marketing startup Boksi acquires Monochrome
  • Finnish startup Epicbrief secures €1M for its customer relationship management platform 
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  • Reports
  • Rankings

50 largest IT companies in Poland 2022: healthy 7% YoY growth, 6 companies have 200+ vacancies

Developers earn 12.5% more, Uzhhorod is among big IT hubs, 29% of CEO worked as developers — salary survey AIN.Capital for 2022

20 largest outsourcing companies in Ukraine: results of 2022

Top 25 most active Polish VC funds in 2022

Top 15 most active Baltic VC funds in H1 2022

Top 15 most active Finnish VC funds in H1 2022

Top 10 most active Hungarian VC funds in H1 2022

Top 17 most active Czech VC funds in H1 2022

Ukraine
  • Ukrainian AI startup Osavul raises $1M seed from SMRK

  • Ukrainian AI startup Osavul raises $1M seed from SMRK
  • Startup of the Day: Ukraine’s Zeely, a sales-growth mobile app
  • Ukraine launches BRAVE1 cluster for the defense technologies development. What do startups expect?
  • Apple distributor in Ukraine, Asbis, sanctioned for its work in Russia
  • Ukrainian aviation startup InputSoft raises $250k. SID Venture Partners is among the investors
Show all
Estonia
  • Estonian-founded platform Funderbeam secures $40M round led by VentureWave

  • Estonian-founded platform Funderbeam secures $40M round led by VentureWave
  • Estonian startup Spacedrip raises €1.5M to build water treatment robots
  • Estonian startup Elmo raises €2.6M to develop remote EV technology
  • Estonian Crespect receives over €830k for its cloud-based legal practice management system
  • Estonian CM Games rejected the candidate from Ukraine who wrote “RussiaIsATerroristState” in his CV
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Lithuania
  • Lithuanian logistics startup Swotzy raises €90k from FIRSTPICK

  • Lithuanian logistics startup Swotzy raises €90k from FIRSTPICK
  • Lithuanian paper bag manufacturer Bagfactory raises funds from Livonia Partners
  • Lithuanian SME Finance gets €100M credit facility from Fasanara Capital
  • Startup of the Day: Lithuanian automated retail store Pixevia
  • Lithuanian Perfection42 raises €1.1M in a seed round 
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Latvia
  • Latvian Adventum Tech wins the Fifty Founders Battle at TechChill 2023

  • Latvian Adventum Tech wins the Fifty Founders Battle at TechChill 2023
  • Latvia-based AI planning tool Aimy secures €250k from Vntrs
  • Latvian insurtech Balcia invests €1M in Merito Partners sustainable energy fund
  • Lithuanian paper bag manufacturer Bagfactory raises funds from Livonia Partners
  • Latvian fintech FIS.solutions receives €250k from Expansion Capital
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  • War in Ukraine

Notion brags on Twitter that it's still working in Russia

Global tech companies and VCs still have hidden ties with Russia in 2022 — 7 cases and investigations

Russian ABBYY still works in Ukraine, and state agencies purchase its software

AI-chatbot Replika raised over $11M investment from the US. Now it's spreading Russian propaganda

US-based Veeam halts sales in Russia but seems to still be operating there

Finland
  • Sulapac, Finnish startup raises financing for its bio-based material innovation 

  • Sulapac, Finnish startup raises financing for its bio-based material innovation 
  • Finland’s platform for electric vehicle charging Virta secures €85M growth funding
  • Finland's mobile game studio Cosmic Lounge raises €4M in a seed round
  • Finnish influencer marketing startup Boksi acquires Monochrome
  • Finnish startup Epicbrief secures €1M for its customer relationship management platform 
Show all
Romania
  • Romanian-founded hackajob raises $25M in Series B round

  • Romanian-founded hackajob raises $25M in Series B round
  • Bulgarian Eleven Ventures leads a $2M round for Romanian-founded startup Pluria
  • Romanian foodtech bonapp.eco raises €600k in a pre-seed extension round
  • Poland’s tech company Alsendo acquires Ecolet, Romanian parcel services platform
  • Romanian Profluo receives €125k to develop its invoice processing solution
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Czech Republic
  • Czech startup Cruxo secures €800k from Presto Ventures and Zaka VC

  • Czech startup Cruxo secures €800k from Presto Ventures and Zaka VC
  • Startup of the Day: Supply.do, Сzech supply chain management provider
  • Сzech supply chain management facilitator Supply.Do secures €400k from Nation1
  • Czech RockawayX participated in a $3.3M round for fintech Helio 
  • Czech AI Startup Incubator announces a new €20M fund, Look AI Ventures
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Georgia
  • Georgian-founded fintech Raisin secures €60M in new investment

  • Georgian-founded fintech Raisin secures €60M in new investment
  • Ukrainian carsharing Getmancar launches in Georgia
  • Georgian startup KIKLIKO received $100k in a pre-seed funding
  • Impact Hub Tbilisi launches startup Pre-Accelerator 2022
  • Over three years of Glovo in Georgia. The company’s executives speak about market insights and future plans
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  • Opinions

Why CEE became so attractive to investors: 3 reasons

ChatGPT and DALL-E. What European VCs think about risks and opportunities of new AI technologies 

Three reasons why it is still worth investing in Europe, according to TA Ventures

Estonia
  • Estonian-founded platform Funderbeam secures $40M round led by VentureWave

  • Estonian-founded platform Funderbeam secures $40M round led by VentureWave
  • Estonian startup Spacedrip raises €1.5M to build water treatment robots
  • Estonian startup Elmo raises €2.6M to develop remote EV technology
  • Estonian Crespect receives over €830k for its cloud-based legal practice management system
  • Estonian CM Games rejected the candidate from Ukraine who wrote “RussiaIsATerroristState” in his CV
Show all
Lithuania
  • Lithuanian logistics startup Swotzy raises €90k from FIRSTPICK

  • Lithuanian logistics startup Swotzy raises €90k from FIRSTPICK
  • Lithuanian paper bag manufacturer Bagfactory raises funds from Livonia Partners
  • Lithuanian SME Finance gets €100M credit facility from Fasanara Capital
  • Startup of the Day: Lithuanian automated retail store Pixevia
  • Lithuanian Perfection42 raises €1.1M in a seed round 
Show all
Latvia
  • Latvian Adventum Tech wins the Fifty Founders Battle at TechChill 2023

  • Latvian Adventum Tech wins the Fifty Founders Battle at TechChill 2023
  • Latvia-based AI planning tool Aimy secures €250k from Vntrs
  • Latvian insurtech Balcia invests €1M in Merito Partners sustainable energy fund
  • Lithuanian paper bag manufacturer Bagfactory raises funds from Livonia Partners
  • Latvian fintech FIS.solutions receives €250k from Expansion Capital
Show all
offices
  • Ukrainian company Intellias opens a development center in India

  • Ukrainian company Intellias opens a development center in India
  • Luxoft opens two new offices in Romania
  • Edtech startup Mate academy launches an office in Poland
  • Ukrainian IT company Miratech opens R&D in Toronto and Bangalore
  • Ukrainian fintech NovaPay opens a new office in Lithuania
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special projects
  • Inside Innovecs: freedom to create, grow and pursue hobbies

  • Inside Innovecs: freedom to create, grow and pursue hobbies
  • Ukrainian apps that conquered the US: In 4 years universe made it to the top-3 world ios tools developers
  • The 15 best agrarian businesses of the SEED project have been selected
  • “Website of the day” and optimization of lead cost: how design consulting changes the approach to usual things and helps business
  • Volunteers and IT: How does it work? Let’s take ELEKS as an example
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