Mariia Denysiuk

Bulgarian software developer Bianor receives €6.8M from BlackPeak Capital

Bianor, a Bulgarian software development company, has raised a total of over €10 million in a funding round led by BlackPeak Capital, a Bulgarian equity fund. The investment will support Bianor’s growth and accelerate its expansion. This is the second

Czech data startup Apify secures a €2.8M investment round

Prague-based web data extraction platform Apify has secured €2.8 million in a funding round backed by J&T Ventures, with participation from the existing investor Reflex Capital. The new funding will be used in marketing activities, product development, and further growth of its

Hungarian-founded company Captiwate raises $600k in a fresh funding round

Captiwate, a company with offices in Budapest and San-Francisco, has raised a $600,000 in funding round. The round saw participation by Interactive Venture Partners, Oktogon Ventures, Fiedler Capital, Cloudbreak VC, and several angel investors. About Captiwate Investment details The startup claims this amount

Hungarian and US-based Interactive Venture Partners launches a new €50M fund

Interactive Venture Partners has announced the launch of its €50 million inaugural fund, Interactive Venture Partners Fund LP. It is supported by the family office of Thomas Peterffy and will provide capital to pre-seed, seed, and Series A startups founded

Estonian SmartCap changes investment focus for its Green Fund

The Estonian fund management company SmartCap has announced the updated terms of its Green Fund Direct Investment Program. The changes will increase the amount of investment in a single company and shift the focus to startups in the late stages.

Startup funding in Finland showed record amounts in 2023 – FVCA study

Finnish startups raised a total of €871 million in growth funding in 2023. This marked a decrease of about half compared to the preceding year’s record-breaking €1.7 billion. However, despite the challenging market conditions, Finnish venture capital funds managed to

Bulgarian e-commerce startup Rush is acquired by Shop Circle

Sofia-based e-commerce tech startup Rush has been acquired by Shop Circle, now being fully managed by the company. The process will take a few months in order to fully implement the new strategy. Scaling a successful SaaS requires time, effort,

Finland’s Alvar Pet acquires Verkkokauppa Kivuton, an online pet health store

Helsinki-based pet food brand Alvar Pet has acquired Verkkokauppa Kivuton, an online store focusing on pet health, while partnering with Juuri Partners, a Finnish growth investor. The acquisition allows Alvar Pet to combine its expertise in pet nutrition with Kivuton’s focus on

Lithuanian-founded fintech TransferGo receives $10M in funding

TransferGo, a UK-based fintech startup with Lithuanian roots, has received a $10 million growth funding round from Taiwania Capital. It plans to expand across the Asia-Pacific region, according to TechCrunch. We raised money because we wanted to expand faster in