Mariia Denysiuk

Austria’s Greenwood Power receives €5.1M from local eQventure and tecnet equity

Brunn am Gebirge-based Greenwood Power, a provider of non-conventional transformers, has received €5.1 million in the funding round. The investment came from Austrian venture capital firm eQventure and the Lower Austrian VC fund tecnet equity. “A gigantic sales market is currently emerging for us,

Lithuanian Startup & VC Ecosystem — Vestbee’s report

The Lithuanian startup ecosystem is one of the fastest growing in the CEE region and has been continuously characterized by good availability of funding, according to Vestbee’s report. Currently, in Lithuanian there are over 800 startups, with a total of €8

Austrian Speedinvest joins €14M Series A round for Resourcify

Hamburg-based Resourcify, the waste management and recycling platform, has raised €14 million in a Series A funding led by Vorwerk Ventures. Resourcify intends to enhance its software as a service (SaaS) offering across multiple industries. “The waste industry is growing

Ukrainian InSoft.Partners invests in Poland-founded IT company Digis

Kyiv-based software development holding InSoft.Partners has made an investment in Digis, IT solutions and consulting provider. The deal details was not disclosed. InSoft.Partners informed AIN.Capital about the investment. “We have known Nikita since 2017. He then just recently launched Digis. We

Austrian foodtech Kern Tec raises €12M in Series A round to enter the US market

Herzogenburg-based Kern Tec, an upcycling and food tech company that turn industrial byproducts into ingredients for the food & beverage industry, has raised €12 million round led by Telos Impact. Kern Tec aims to use it to scale up production and

Startup of the Day: Estonian space tech KappaZeta

Founded in 2015 by Kaupo Voormansik, Tanel Tamm, Kalev Koppel, and Karlis Zalite, KappaZeta offers services for analyzing radar satellite data to help farmers, improve profitability, and enhance the quality of agricultural products. Besides agriculture, it also offers services for national

Finland’s UB FIGG co-led €36.6M investment for German traceless materials 

Hamburg-based biomaterials startup traceless materials has raised €36.6 million in a Series A funding round. The investment round was co-led by Finnish UB FIGG and Parisian Swen Capital Partners and for the further scaling and the construction of its first industry plant.

“We definitely are looking to increase our presence in Ukraine.” Interview with Borys Musielak from SMOK Ventures

SMOK Ventures is one of the 20 most active Polish VC funds in 2023. It has already done 7 investments this year, including 3 Ukrainian startups: Finmap, Workee, and Masthead Data, and is planning to add 5 more startups to its

Austrian storage and logistic startup Storebox raises over €67M in Series B round

Storebox, an international company that provides digitalized self-storage solution has raised over €67 million. The round was one of the biggest in Austria in 2023. It was led by existing investors, including Senger-Weiss Family Offices, Wille Finance, Kineo Capital, Urban