Mariia Denysiuk

Slovak medtech Powerful Medical receives €7.5M from EIC

Bratislava-based medical device manufacturer Powerful Medical has received a €2.5 million grant and a follow-on €5 million investment from the European Innovation Council (EIC). The funding will help the startup to revolutionize its heart attack diagnostics with AI. The impact of our technology

Ukraine’s BRAVE1 allocates $3M for defense innovation

Since its inspection in April 2023, the BRAVE1 Defense Technology Cluster has allocated $3,045,000 for developers creating defense innovations. The cluster has distributed a total of 173 grants, according to Mykhailo Fedorov, Minister of Digital Transformation. TOP-8 directions for grants:

The Ministry of Digital Transformation of Ukraine selects 8 Ukrainian startups for Latvian TechChill

The Ministry of Digital Transformation of Ukraine together with the Ukrainian Startup Fund, YEP Accelerator, Startup Wise Guys, and Techosystem has announced the selection of 8 startups for the Ukrainian delegation to TechChill in Riga. The winners will receive syndicate

Estonian CognitiweAI OÜ secures $1.05M to expand its retail solutions

The Tallinn-based CognitiweAI OÜ has secured $1.05 million funding round led by TechOne VC, Eleven Ventures, Flat6Labs, Domino VC, and Caucasus VC. The investment will accelerate the global expansion of its AI-driven retail solutions. Throughout our journey, while perfecting our product, we have also focused

EIC Accelerator invests €285M in deeptech startups — several are from CEE

European Innovation Council has selected 42 companies to receive funding following the final 2023 EIC Accelerator cut-off in November. Among selected startups are Bulgarian Smart Farm Robotix, Finnish IQM Finland, Slovakian Powerful medical, and more. About the fresh EIC Accelerator program 242

Grammarly co-founders’ net worth drops to $1.9B — Forbes

Forbes has updated the net worth of Grammarly co-founders Oleksiy Shevchenko and Maksym Lytvyn. According to Real Time Billionaires, their shares in the company have fallen by nearly 14%, and each now owns $1.9 billion in assets. Grammarly was founded

Startup of the Day: Evrotrust, a Bulgarian digital ID provider

Evrotrust was founded by George Dimitrov and Konstantin Bezuhanov, starting its operations in 2018 with a focus on providing solutions that help businesses and government institutions digitize their services. The identity-as-a-service platform enables organizations to remotely identify, onboard, and provide services

Austrian aviation startup CycloTech receives €20M in a new funding

CycloTech, a Linz-based company that develops flight propulsion technology, has received a €20 million investment. The funding from Breeze Invest and Konos Holdings will enable further development of the first full scale prototype of the CycloRotor propulsion system. Our commitment

Ukrainian-founded crypto startup Arkis raises $2.25M to fuel DeFi adoption

London-based crypto startup with Ukrainian roots Arkis has raised a fresh $2.25 million investment led by American gumi Cryptos Capital. The round was also joined by the Ukrainian VC fund Roosh Ventures, as well as G1 Ventures and Psalion VC.