13.09.23 Tech1 Investments Romanian virtual assistants maker DRUID raises $30M in a Series B round DRUID, provider of a conversational AI technology, has announced its $30 million Series B round led by TQ Ventures, with participation from new investors. The funding will be used to continue accelerating DRUID’s international expansion. “We believe our platform will,
12.09.23 Countries Estonia Finnish re-commerce shop Mjuk receives €2.5M from Trind Ventures Estonian Trind Ventures led the €2.5 million round for Mjuk, Helsinki-based marketplace for buying and reselling used furniture. The round saw participation from Alliance VC, Superhero Capital, Lifeline Ventures, and aims to accelerate Mjuk’s growth. About Mjuk The list of investors “The
12.09.23 Countries Latvia Latvian Merito launches a €30M real estate Merito Self Storage Fund Riga-based investment company Merito Partners has announced the launching of a new €30 million real estate Merito Self Storage Fund to develop pan-Baltic network of self storage facilities. The company also aims to secure around €50 million in bank co-financing.
11.09.23 Tech1 M&A Austrian 3D printer manufacturer Cubicure is acquired by Align. The deal amount is €79M. US-based 3D digital scanners manufacturer Align Technology has acquired Vienna-based Cubicure, a private firm that specialises in direct 3D printing solutions for polymer additive manufacturing. The acquisition, priced at €79 million, aims to amplify Align’s core competencies in direct 3D printing, and support its growth
08.09.23 Countries Estonia Estonian space tech KappaZeta receives €480k of additional funding Tartu-based space technology startup KappaZeta has received €480,000 in funding from a group of investors. KappaZeta aims to create a global and frequently updated dataset regarding forest biomass and carbon stock.
08.09.23 Tech1 Investments Austrian 3VC co-led $120M Series A round for Shop Circle, a provider of e-commerce tools London-based e-commerce software provider Shop Circle has raised $120 million in a Series A round of funding. The investment was co-led by 645 Ventures and 3VC, and joined by previous investors QED Investors and NfX. “We think Shop Circle is
07.09.23 Tech1 Investments Croatian financial consulting company BE-ON receives €700K from Feelsgood Zagreb-based startup BE-ON, an advisory firm specialised in consulting services for individuals, has received €700,000 from local venture capital fund Feelsgood. In total, Feelsgood invested €1.3 million in BE-ON, based on an investment deal signed in December 2021.
07.09.23 Countries Estonia Estonian VOOL raises €2.9M to scale its EV charging serial production EV charging startup VOOL has raised €2.9 million, of which €1.3 million is an additional seed investment funding and €1.6 million is a grant. The investment was led by Specialist VC with participation from angel investors, including the former President of Estonia
07.09.23 Tech1 Investments Commsignia, Hungarian-founded V2X provider, announces a $15M Series B round Commsignia, the provider of Vehicle-to-Everything solutions, has announced the closing of a $15 million Series B funding round led by PortfoLion Capital Partners, Inventure, Day One Capital and Inference Partners. With the investment, it aims to strengthen its market position.
06.09.23 Countries Ukraine Ukrainian studio 4A Games hires people to develop a new game Ukrainian game development studio 4A Games, better known for the Metro series games, is also working on a new AAA game and is recruiting specialists for this project. This was announced on the company’s Twitter account.