Mariia Denysiuk

Finnish startup Epicbrief secures €1M for its customer relationship management platform 

The Helsinki-based startup Epicbrief that develops an AI-based solution for automation of administrative tasks in sales has secured €1 million to optimize its platform and expand the user base. Dutch VC firm Curiosity led the round.  “By automating administrative tasks,

Lithuanian logistics startup Swotzy raises €90k from FIRSTPICK

The Riga-based startup Swotzy, that provides delivery options for e-commerce, has raised €90,000 led by Lithuanian VC fund FIRSTPICK. This is the first investment for Swotzy. “We are a platform that consolidates postal players in one place. We allow our

Latvian insurtech Balcia invests €1M in Merito Partners sustainable energy fund

The Riga-based Merito Sustainable FUND I has received €1 million from the insurance technology company Balcia. The €20 million fund will use the fresh investment to develop nine solar power plants across Latvia.  “The solar energy projects implemented in Latvia

UK pet-food group Butternut Box acquires Polish PsiBufet

The Warsaw-based PsiBufet, a fresh dog food company, has been acquired by Butternut Box. The deal allows Butternut Box to extend its operations to Central and Eastern Europe. “PsiBufet shares our commitment to providing dogs with fresh, wholesome, nutritious meals,

Slovak social media analytics startup CulturePulse secures $1M from Zero Gravity Capital

The Bratislava-based CulturePulse, that develops a social simulation platform to predict human behavior, has secured $1 million in a seed round from Slovak VC firm Zero Gravity Capital. The receiving of new investment will help the startup to expand the

Finland’s Butterfly Ventures participates in a €970k round for Swedish biotech Retein

The Gothenburg-based company Retein, the developer of a technology for water separation, has closed its €970,000 financing round co-led by Industrifonden, Butterfly Ventures, Navigare Ventures, and business angels. The investment will help to increase the startup’s production volume. “We are

Finnish simulation software provider Quanscient raises €3.9M in a seed round

The Tampere-based provider of supercomputer-level solution for simulations, Quanscient has raised €3.9 million in a seed financing round led by Maki.vc. The investment will help to accelerate the stratup’s product development and expansion. “With the help of our technology, innovation and product

Poland’s tech company Alsendo acquires Ecolet, Romanian parcel services platform

Alsendo, a provider of tech-enabled delivery management solutions in Central Europe, backed by Abris Capital Partners, has acquired Ecolet, the Bucharest-based logistics solutions’ provider. The acquisition will help to strengthen Alsendo’s presence on the Romanian market. “The acquisition of Ecolet

Lithuanian paper bag manufacturer Bagfactory raises funds from Livonia Partners

Pan-Baltic private equity fund Livonia Partners has invested in Lithuanian eco-friendly machine made reusable and paper bag producer Bagfactory. The transaction is anticipated to conclude by the beginning of this summer. “In 2022, with scientists from Kaunas University of Technology,