Mariia Denysiuk

Latvian Merito Partners acquires majority stake in AIOO, mobile device accessory retailer 

The Riga-based Merito Partners’ private equity fund has acquired a majority stake in AIOO, retailer of mobile device accessories and used smartphones. The amount of the deal is €3 million.

8 Ukrainian startups join London Tech Week 2023. Who are they?

8 Ukrainian technology startups will represent Ukraine in London, according to the Ministry of Digital Transformation. What is London Tech Week 2023? Who will participate? The companies from Ukraine were selected by the competition committee during the project pitching process.

Startup of the Day: Digicust, digital customs clearance platform provider

Founded in 2020, Vienna-based Digicust develops machine learning and AI-based systems for the digitalization and automation of customs documents processing for freight forwarders and other enterprises. The startup also offers its virtual customs robot, Dexter IDP, which builds on companies’

Finnish Doublepoint raises €3M for its gesture recognition technology 

The Helsinki-based company Doublepoint that offers the technology for detecting touch-based microgestures, surface interactions and more, has raised €3 million round. The funding came from FOV Ventures, Superangel VC, Superhero Capital, Business Finland, and angels. 

Four CEE funds receive €80M from Romanian Recovery Equity Fund

Romanian Recovery Equity Fund will invest €80 million in four local investment funds —  Innova/7, Booster Capital, GapMinder II, and Morphosis Capital I, in the frames of the EU Recovery and Resilience Program. Four funds will invest in at least

Ukrainian Nova Post launches new office in Kaunas, the second one in Lithuania 

Nova Post has launched its second post office in Lithuania, Kaunas, as the company informed AIN.Capital. The first one appeared in March in Vilnius.

Austrian ASI Reisen participates in $1M round for Viatu, the sustainable travel company 

The Switzerland-based Viatu, a startup for sustainable multi-day tours, has raised $1 million in a seed round led by Ndoto with participation from ASI Reisen. The investment will help Viatu to finish building its booking platform. “We created Viatu to

Finnish wearable tech startup Ōura acquires Proxy in all-equity deal

Oulu-based Ōura, the company providing the smart ring that delivers personalized health data, insights, and daily guidance, has announced the acquisition of US startup Proxy. The amount of the deal was not disclosed. After the acquisition, Proxy’s valuation is $165

Austrian biotech Fermify raises €5M to produce animal-free cheese

The Vienna-based startup Fermify that provides a solution for in-house production of casein proteins has raised €5 million in a seed round. The funding will help to accelerate its growth in the animal-free food transition. Climentum Capital led the round.