Mariia Denysiuk

Czech VC firm Purple Ventures launches new €40M Fund II

Brno-based Purple Ventures has launched its second fund, total amounting of €40 million. It will focus on startups from the CEE region with teams in the EU. The ticket size will be from €250,000 to 750,000, The Recursive reports. About Fund II The

Credo Ventures joins $12M seed round for US-based Picogrid

Picogrid, a US-based defense technology startup, has announced a $12 million seed round led by Initialized Capital. Giant Step Capital, Domino Ventures, Alumni Ventures, and the Czech VC fund Credo Ventures also participated. The round will help to accelerate product

Ukraine-founded 1991 Ventures launches a $18.8M fund

UK-based VC firm with Ukrainian roots 1991 Ventures has launched a $18.8 million fund (£15 million fund) to invest in Ukrainian and CEE startups. The VC firm aims to support over 40 companies and will build on the Gurskys’ incubation and accelerator

Ukraine’s Roosh and Tiny Studio to invest $10M in tech companies

Ukrainian Roosh and Canadian Tiny Studio have informed AIN about the launch of its first partnership project Roosh X. The project will target profit-focused tech sector companies with over $5 million revenue, aiming to invest up to $10 million total.

Romanian startup Nordensa secures €1.65M for its football talents platform

Nordensa, a Cluj-Napoca-based startup that provides a fan-powered platform for football talents, has secured €1.65 million in a seed round. The round took place with the participation of the company’s Advisory Board and Head of Marketing at Manchester City Football Club. Football boasts over

Over 1000 startups raised €2.1B of investments in 2023 — CEE report 2024

Over the last years marked by many challenges, Central and Eastern Europe has showcased unmatched resilience and innovation. The combined enterprise value of startups in the CEE startup ecosystem has grown by 2.4 times in the past 5 years, from

Polish-founded OTB Ventures will invest $185M in European deeptech thanks to NATO backing

OTB Ventures, one of the leading early-growth investor in Europe with Polish roots, has announced the closure of its Fund II, after the backing from the NATO Innovation Fund worth $185 million. The fresh fund will invest in European deeptech

Finnish startup Steady Energy secures a €10M investment round

Steady Energy, a Helsinki-based company specializing in carbon-neutral heat solutions delivery, has secured €10 million in a funding round led by existing investors, Lifeline Ventures and Yes VC. The funding will be used to further develop its technology, accelerate research and development efforts.

International investments in Ukraine amounted to $1.7B over two years

Over the two years of the full-scale war with russia, the total volume of international investments in Ukraine reached $1.7 billion, of which $1.2 billion were invested in 2023 alone. The head of the KSE Institute, Nataliya Shapoval stated the