Mariia Denysiuk

Latvian startup scene report: €92M of total investments in 2022

During the last three years, Latvian startup ecosystem went through a forced reboot. 2022 was a terrible year for the whole world, waking up slowly from the pandemic and being eviscerated by the devastating war in Ukraine. Latvian Startup Association

Slovak Photoneo Brightpick Group raises $19M to scale the US presence

Photoneo Brightpick Group, the parent company of Photoneo, a software provider, and Brightpick, a provider of warehouse automation solutions for e-commerce, announced it has raised an additional $19 million to complete a $40 million Series B round. Taiwania Capital led

Bulgarian euShipments acquires Pick & Pack, Croatian logistics startup

E-commerce logistics, courier, and fulfillment partner to players in CEE euShipments has announced that it completed its acquisition of a majority stake in Zagreb-based Pick & Pack, fulfillment operators for the e-commerce. This acquisition was conducted in partnership with BlackPeak

Estonian sustainable investing platform Grünfin raises €2M 

Tallinn-based green investment platform Grünfin has raised €2 million to expand its product range for companies that want to invest in a sustainable future. The investment round was led by existing investors Norrsken VC, Specialist VC, Lemonade Stand, with participation

Startup of the Day: Polish foodtech startup Restimo

Founded in 2019, Restimo is a foodtech startup that solves the problem of “tablet hell” in restaurants. Restimo has acquired over 200 restaurants, and its system has processed 1 million orders. In Poland alone, it is present in over 25 cities. Restimo

Ventures Thrive, a new accelerator for deeptech startups from CEE, is launched

The Wolves Summit, venture builder Acceler8, and venture studio Anthology Ventures announced the launch of the Ventures Thrive accelerator program, mainly focusing on CEE startup ecosystems. The program will help to scale business and address the world’s most pressing climate

Latvian robotics startup Aerones secures $30M for further growth

The Riga-based company that develops robotic technology for wind turbine blade maintenance services, Aerones has secured $30 million in less than a month after it closed a $38.9 million Series A round. The new one was co-led by Lightrock and

Polish Orlen VC led the investment for French logistic company Shippeo 

The Paris-based SaaS platform Shippeo which provides supply chain visibility has received an undisclosed amount of investment from Polish Orlen VC, the corporate venture arm of PKN Orlen.

Finnish medtech HVR Cardio raises €10.7M in a Series B round 

The Espoo-based medtech startup HVR Cardio has raised €10.7 million in a Series B round to hire new management team members. The round was led by Innovestor Life Science Fund, with participation from Tesi. ”HVR Cardio develops solutions that provide