09.12.22 News Atomico’s report: European tech industry has lost about $400B in value in 2022 The European tech industry has lost about $400 billion in value in 2022, being valued at $2.7 trillion now, the fresh annual State of European Tech Atomico’s report states. Meanwhile, the startups across Europe are on track to raise $85
07.12.22 Investigations Flashpoint to raise $75M for Ukraine-focused fund. It has close ties with Russia At the end of November 2022, the international technology investment firm Flashpoint announced its intention to launch a $75 million Ukrainian Tech Fund to support Ukrainian tech companies. After the news was made public, Yaroslav Krempovych, Senior Associate at Movens
30.11.22 News Top 5 most active Slovak VC funds in H1 2022 AIN.Capital has created a ranking of the most active Slovak VC funds in H1 2022. The ranking includes 5 local backers that together made 12 investments during January 2022-June 2022. Methodology We applied the same methodology, as we used in preparing rankings
29.11.22 Countries Estonia Startup of the Day: Estonian farm management software eAgronom Founded in 2016 by Robin Saluoks and Stenver Jerkku, eAgronom develops farm management software that is aimed to help grain farmers make better and more profitable decisions by providing real-time crop monitoring from fields, automated reporting, crop and yield plans,
28.11.22 Countries Finland Finnish student-led VC firm Wave Ventures opens new €2M fund Helsinki-based venture capital firm Wave Ventures has announced the opening of its second fund of €2 million. Unicorn founders of Supercell, Smartly, and Wolt backed the student-led fund focused on Nordic Gen Z teams, ArcticStartup reports. “We want to make
25.11.22 Tech1 Investments Bulgaria’s Dronamics receives €2.5M grant for cargo drone fleet development Bulgarian-founded cargo drone operator Dronamics has received a €2.5 million grant from the European Commission under the European Innovation Council (EIC) Accelerator program. The funds will support the company’s plans to roll out its cargo drone fleet and launch commercial
25.11.22 Tech1 Investments Polish game studio Rebel Wolves secures an investment from NetEasy Games Launched in early February, Warsaw-based game development studio Rebel Wolves has secured a strategic investment from one of the world’s leading developers of mobile and PC games NetEase Games. The companies don’t disclose an investment amount. It is known that
22.11.22 Tech1 M&A Ukrainian Hypra fund acquires 25% stake in Boosty Labs The Web3-oriented hypra.fund bought out NetSolid Investments‘ 25% stake in the world’s biggest blockchain dev shop Boosty Labs. The purchase amount is not specified. “We have been working closely with the Boosty team for a long time. Knowing how the
21.11.22 Countries Finland Slush has revoked €1M prize for Russian-founded Immigram A few days ago, Immigram, a Russian-founded startup that helps tech specialists, including Russian ones, relocate to the UK, won the Slush 100 Pitching Competition. It was awarded with €1 million investment, coming from five top venture capital funds — Accel, General
19.11.22 Countries Finland Immigram won €1M at Slush. It is Russian startup that assists Russian migrating to UK Russian-founded Immigram, a SaaS platform that is guiding tech workers during their relocation journey to the UK, won the Slush 100 Pitching Competition. The startup was awarded with €1 million investment, coming from five top venture capital funds — Accel, General