Mariia Denysiuk

Finnish pharma company DelSiTech is awarded a grant from the Bill & Melinda Gates Foundation 

The Turku-based DelSiTech, a drug delivery and drug development company, announces that it has been awarded a grant from the Bill & Melinda Gates Foundation.

Estonian sTARTUp Pitching 2023 announces the winners

sTARTUp Day 2023 has announced this year’s winners. EstBAN awarded a syndicate of €200,000 to Paul-Tech, Baltic Sandbox Ventures gave out a €125,000 investment to Gearbox Biosciences, and .Cocoon Ventures a €100,000 syndicate investment to MX Labs.

Lithuanian Viezo raises investment on its IOT solution for railways

The Vilnius-based startup Viezo which develops an autonomous IoT solution for monitoring railway wagons’ wheel sets has raised an undisclosed amount of investment. The round was co-led by Rockstart joined by CoInvest Capital, and 7 LitBAN angels.  “Originally, the plan

Lithuanian game-based edtech Three Cubes raises €250k from FIRSTPICK

The Vilnius-based Three Cubes, game-based learning subscription platform for schools and parents, has raised €250,000 from Lithuanian acceleratorі FIRSTPICK and other investors. The deal was closed at the beginning of 2023.

Austrian fintech Finmatics raises €‎6M in a Series A round

Finmatics, the Vienna-based developer of AI software to digitize and automate accounting processes, has raised €‎6 million in Series A round led by Mangrove Capital Partners. The funds will be used for further expansion of the team and product development.

Startup of the Day: Harmix, Ukraine’s AI-powered music selection service

Founded by Nazar Ponochevnyi, Harmix is an AI-based service that automatically selects the right music for your video. For this, the algorithm analyzes the objects, mood, activity, and dynamics of the video.  Harmix’s platform can be used by content creators,

Speedinvest leads $2.8M seed round for Maqsad, Pakistan’s education technology provider

The Vienna-based VC fund Speedinvest led a $2.8 million round for Maqsad, the Karachi-based startup that provides an end-to-end learning platform for online teaching and testing. The investment will help Maqsad to grow its edtech platform and solve a major

Latvian modular home manufacturer MYCABIN receives €1.55M from Merito Partners

The Riga-based Merito Partners’ private equity fund has announced the investment of €1.55 million in modular home manufacturer MYCABIN. The funding will be used to develop MYCABIN’s products in export markets, expand production facilities, and increase production capacity. “The demand

INNO launches LevelUP, a health and life sciences accelerator in Romania 

INNO, the North-West Regional Development Agency’s department, announced the launch of the first accelerator in Romania focused on health and life sciences startups, LevelUP. The accelerator aims to offer expert assistance to teams looking to hasten the commercialization, validation, promotion,