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LATEST NEWS
12 May
  • The European Innovation Council allocates €20M to support Ukrainian startups
  • Latvian agritech WeedBot raises €425k in a round led by Overkill Ventures
  • Austrian ASI Reisen participates in $1M round for Viatu, the sustainable travel company 
  • German Blocktorch secures $4.2M in a seed round joined by Speedinvest and RockawayX
  • D3 military tech accelerator is to launch in Ukraine. Ex-Google CEO Eric Schmidt is among the LPs
  • Polish medtech BioCam secures €440k to develop an AI-based endoscopic capsule
  • Finnish wearable tech startup Ōura acquires Proxy in all-equity deal
  • Bulgarian spacetech EnduroSat raises $10M in Series A led by CEECAT Capital
  • Austrian biotech Fermify raises €5M to produce animal-free cheese
  • Finnish Helen Ventures joins €5M round for Voltfang, climate tech startup
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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

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

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

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

Poland
  • Polish medtech BioCam secures €440k to develop an AI-based endoscopic capsule

  • Polish medtech BioCam secures €440k to develop an AI-based endoscopic capsule
  • Poland’s Spire Capital Partners launches Fund I with €57M first close
  • 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
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Poland
  • Polish medtech BioCam secures €440k to develop an AI-based endoscopic capsule

  • Polish medtech BioCam secures €440k to develop an AI-based endoscopic capsule
  • Poland’s Spire Capital Partners launches Fund I with €57M first close
  • 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
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Ukraine
  • The European Innovation Council allocates €20M to support Ukrainian startups

  • The European Innovation Council allocates €20M to support Ukrainian startups
  • Ukrainian Jooble invests in Adsee, a service for social media recruiting
  • Founder of Zakaz.ua launches robotics startup Instock, raising $4.6M
  • Ukrainian AI startup Osavul raises $1M seed from SMRK
  • Startup of the Day: Ukraine’s Zeely, a sales-growth mobile app
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Finland
  • Finnish wearable tech startup Ōura acquires Proxy in all-equity deal

  • Finnish wearable tech startup Ōura acquires Proxy in all-equity deal
  • Finnish Helen Ventures joins €5M round for Voltfang, climate tech startup
  • 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
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  • Reports
  • Rankings

Ukrainian iOS market research

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

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

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
  • The European Innovation Council allocates €20M to support Ukrainian startups

  • The European Innovation Council allocates €20M to support Ukrainian startups
  • Ukrainian Jooble invests in Adsee, a service for social media recruiting
  • Founder of Zakaz.ua launches robotics startup Instock, raising $4.6M
  • Ukrainian AI startup Osavul raises $1M seed from SMRK
  • Startup of the Day: Ukraine’s Zeely, a sales-growth mobile app
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Estonia
  • Estonian-founded insurtech Value.Space raises €2.1M in a seed round 

  • Estonian-founded insurtech Value.Space raises €2.1M in a seed round 
  • Startup of the Day: Planet42, Estonian-founded car subscription service provider
  • 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
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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 agritech WeedBot raises €425k in a round led by Overkill Ventures

  • Latvian agritech WeedBot raises €425k in a round led by Overkill Ventures
  • 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
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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
  • Finnish wearable tech startup Ōura acquires Proxy in all-equity deal

  • Finnish wearable tech startup Ōura acquires Proxy in all-equity deal
  • Finnish Helen Ventures joins €5M round for Voltfang, climate tech startup
  • 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
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
  • German Blocktorch secures $4.2M in a seed round joined by Speedinvest and RockawayX

  • German Blocktorch secures $4.2M in a seed round joined by Speedinvest and RockawayX
  • Czech startup Product Fruits raises €1.6M for its onboarding platform
  • 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
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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 insurtech Value.Space raises €2.1M in a seed round 

  • Estonian-founded insurtech Value.Space raises €2.1M in a seed round 
  • Startup of the Day: Planet42, Estonian-founded car subscription service provider
  • 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
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 agritech WeedBot raises €425k in a round led by Overkill Ventures

  • Latvian agritech WeedBot raises €425k in a round led by Overkill Ventures
  • 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
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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
  • Ukrainian iOS market research

  • Ukrainian iOS market research
  • 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
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