Mariia Denysiuk

Finnish climate tech Infrakit receives €6M of capital loan from Climate Fund 

The Espoo-based Infrakit, a cloud service for infrastructure construction projects, has received a €6 million capital loan for the development and commercialization of sustainability functionalities for boosting emissions reductions in infrastructure building. The investment was led by Climate Fund. ”Infrakit’s

Finnish Fingersoft implements 6-hour working day with almost full pay

The Oulu-based mobile game studio Fingersoft has announced that its employees can now work a six-hour day with a 90% of full salary. Earlier, the company experimented with a six-hour workday and a four-day workweek and chose the six-hour workday

Finnish document management startup Ment is acquired by US M-Files

M-Files, a global leader in information management, has acquired Espoo-based no-code document automation startup Ment for an undisclosed amount. With the acquisition, M-Files will deliver robust document automation capabilities that enable new and existing customers to quickly automate their own

Estonian Spring Capital co-led a €3M seed round for Danish fintech Uniify 

The Copenhagen-based startup Uniify which offers a one-stop platform for financial companies to collect data on their customers has raised €3 million in a seed round led by People Ventures, Forward VC, and Spring Capital. The funding will support its

Polish Ten Square Games buys 12% stake in Gamesture studio

Ten Square Games S.A. has increased its stake in Krakow-based producer of mobile games Gamesture from 25% to 37%. Funding worth $2.7 million will help to acquire users for the studio’s flagship titles and to prepare for the launch of

Startup of the Day: Elai.io, Ukrainian-founded platform for building customized AI videos

Elai.io is a Canadian startup with Ukrainian roots that develops an online text-to-video platform that allows the building of customized AI videos with a presenter using only text. It is a SaaS tool for video creation with 65+ languages available

Estonian Trind VC led a €550k round for home services marketplace Webel

The Madrid-based marketplace Webel which allows users to easily search and book any service for their homes has received €550,000 in a round led by Estonian fund Trind VC. The investment will be used for further scaling the Webel platform.

Hungarian anti-fraud company SEON acquires Complytron, AML/KYC screening tools provider

The Budapest-based SEON, the developer of an anti-fraud platform, has acquired compliance and AML specialist firm, Complytron. The terms of the deal are not officially disclosed. According to TechCrunch estimate, the amount of the deal is €2.5 million.  “Less than

Polish NapiFeryn BioTech receives €2.5M from Dutch Icos Capital 

The Lodz-based startup NapiFeryn, creator of technology for obtaining rapeseed protein from side-streams of oil pressing, has announced the receiving of €2.5 million investment. The round was led by Icos Capital and joined by a Polish family office.