Mariia Denysiuk

Lithuanian Unmanned Defense Systems secures €3.2M led by Coinvest Capital

The Vilnius-based advanced swarm drone detection company Unmanned Defense Systems (UDS) has secured €3.2 million to scale UAVs and advance AI-based swarm integrations with contemporary battlefield management systems. The funding was led by Coinvest Capital, according to Tech.eu. About Unmanned Defense Systems We

Autodesk acquires Wonder Dynamics, a Serbian-American media tech startup

Autodesk has announced its acquisition of Wonder Dynamics, Serbian-American makers of Wonder Studio which is a cloud-based 3D animation and VFX solution. The deal aims to give more creators the ability to add 3D animated characters to their projects and

Finland’s ecotech startup Fiberwood raises €7.7M in growth investment

The Järvenpää-based eco materials technology startup Fiberwood has raised €7.7 million in a growth investment round from existing investors Metsä Spring and Stephen Industries. The company plans to enter a commercial phase with the aim of international growth for its ecological building insulation

Finnish biotech Enifer closes a €36M Series B round to build its mycoprotein factory

The Espoo-based biotech company Enifer has announced the closure of a €36 million funding package to start constructing a food-grade mycoprotein factory in Kirkkonummi, Finland. The Series B funding round includes a €15 million round led by the Finnish private equity

Hungarian Parkl raises €4M from Lead Ventures

Budapest-based Parkl has raised €4 million in a funding round led by Lead Ventures. The startup will use the investment to support the scaling of its digital mobility service. The deal details: The leading investor in the round is Lead Ventures, a

Lithuanian startup Evergrowth mergers with Apolo

Vilnius-based Evergrowth, a startup specializing in AI-driven B2B sales solutions, has merged with Apolo that focuses on AI-powered personalized marketing. The merger aims to integrate Apolo’s advanced AI technologies into Evergrowth’s platform. About startups The process of merger: After the merger Apolo’s team

group.one acquires Slovak web hosting company Webglobe

group.one, a provider of digital services and cloud hosting, has announced the acquisition of a 100% stake in the Bratislava-based Webglobe, the web hosting company. The sellers are Webglobe founder Igor Strečko and investment fund from the portfolio of Sandberg

UK and Finland-based Reactive Technologies raises £25M in a Series D round

Reactive Technologies, a UK and Finland-based company in grid stability measurements, has announced the raising of a £25 million ($31.4 million) Series D funding round. The investment was led by M&G’s Catalyst. It will support Reactive’s global expansion and recruitment

Austrian startup Silana raises €1.5M to bring robotics to fashion industry

Silana, a Vienna-based startup that develops sewing robots, has raised €1.5 million in an investment round led by SOSV, with participation from OÖ HightechFonds, Material V, and others. The investment will accelerate development and delivery of the first machines in 2025. We