Mariia Denysiuk

Vestbee launches CEE Startup Challenge. The winners will receive up to €250k

Vestbee has announced its annual CEE Startup Challenge, where startups can get access to over 200 VC funds and €250,000 of investment. The selected startups will also receive an invitation to CEE VC Summit 2024. Companies can apply to participate in Vestbee’s

Orbyt acquires Telia Talous, a Finnish provider of eInvoice services

Norway-based Orbyt that develops Software-as-a-Service platform providing a one-stop shop for invoicing and payments, has acquired Telia Talous (Telia’s Finnish activities). The deal amount was not disclosed. About Orbyt: The deal details: “We believe that the best opportunities for the

US-Latvian Morty closes $2.2M round to develop new formats of entertainment

Morty, Latvian and US-based startup building a marketplace for escape rooms, location-based VR, art exhibitions, attractions, has closed $2.2 million to build the “biggest theme park in the universe”.  The round was led by Protagonist. “Most immersive attractions are all

Polish CTHINGS.CO raises €4.5M for international development

CTHINGS.CO, a Polish startup specializing in creating solutions in the area of 5G, IoT sensor networks and cloud applications, has informed AIN.Capital about its fresh €4.5 million. The funding round was backed by Orlen VC, PKO VC, Freya Capital, and

Nova Post launches in Estonia with plans to open branches in all Baltic countries in 2023

On October 20, Nova Post informed AIN.Capital about the opening of its first branch and starting courier delivery in Tallinn. Estonia has become the eighth country in the EU where Nova Post started its operation. “I am convinced that thanks to the

Jooble invests in Teraz Work, a marketplace for freelance recruiters

Ukrainian Jooble has invested in Teraz Work, the service which allows recruiters to access a large number of vacancies and help to close them faster. The investment amount is not disclosed. With the investment Teraz Work plans to expand into

European startups have raised €43.6B in Q3 of 2023 — Pitchbook report

In Q3 2023, deal value increased by 5.9% compared to Q2. Stage deal activity was down by 61.9% through Q3 2023 compared with the same period in 2022. Cleantech and AI technologies were common among top deals. AIN.Capital shares key points of the Pitchbook report. Venture deal activity in Q3: Top

Elon Musk considers removing X from Europe over EU law

Elon Musk is considering to remove X platform, formerly Twitter, from Europe due to a new regulation enacted by the European Commission. He also has discussed blocking users in the European Union from accessing it, Insider reported.

Startup of the Day: Outfindo, Czech e-commerce company

Outfindo was founded by Jan Mateju, Martin Chrz, and Ondrej Bouda, as a SaaS solution for e-commerce. In 2020, Outfindo started with bikes / e-bikes and is now launching a new product vertical, in cooperation with major e-commerce platforms: washing machines. The