Rostyslav Sobachynskyi

Latvian Exponential Technologies gets €280k from the Horizon Europe program

Riga-based startup Exponential Technologies has received €280,000 funding from the Horizon Europe program. This funding is meant to support their efforts in developing advanced multi-material 3D printing techniques using machine learning and data science, ArcticStartup reports. “This is our first

Lithuanian medtech Sentante secures €6M in a Seed round led by Practica Capital

Kaunas-based pioneering medical device company Sentante has secured €6 million in a Seed funding round led by Practica Capital with the participation of the EIC fund. The funds will help with the clinical trials of the Sentante robotic system and further product launch.

FMFIB to start new Entrepreneurship Fund. It will provide €100M to Bulgarian companies

Fund Manager of Financial Instruments in Bulgaria is working on the launch of its new Entrepreneurship Fund, backed with €100 million public resources. The new instrument will consist of 3 separate funds, for which FMFIB is searching financial intermediaries, the

Fundraising Lab launches in Ukraine to help startups raise investments

The Fundraising Lab initiative has been launched to help Ukrainian startups raise investments, Ukrainian entrepreneur Denys Dovgopolyi tells the details. What does Fundraising Lab offer? One of the key problems that Fundraising Lab will deal with is the lack of

UK-based Fiat Republic secures $7M from Poland’s Inovo VC

London-based Web3 enabler Fiat Republic has secured $7 million worth of investments to bridge gap between crypto and traditional banks. The seed round was joined by Poland’s Inovo VC, Kraken Ventures, Fabric Ventures, Arca, and Pretiosum Ventures. “It’s great to

Polish startup Quesma raises $2.3M from Heartcore and Inovo VC

Warsaw-based startup Quesma has raised $2 million in a pre-seed round co-led by Heartcore and Inovo VC. The company aims to help customers innovate faster by reshaping how applications are built and connected to their database. Quesma announced the round

Quantum Systems prepares to open R&D center in Ukraine

The German UAVs manufacturer Quantum Systems is creating a separate R&D center in Ukraine and plans to hire specialists there, DOU reports with reference to Country Chief Operational Officer of the company Oleksandr Berezhnyi. In late October, 2023, Quantum Systems

Polish fintech Wealthon raises €7.4M from funds and debt financing

Wealthon, a Warsaw-based lending firm, has raised around €7.4 million (PLN 32 million) for the development of financial services for entrepreneurs. The funds came from the 4growth fund and NCBR Investment Fund, with €4.6 million as part of debt financing.

Czech-founded KKCG acquires Avenga, an IT platform with a large office in Ukraine

The European investment and innovation group KKCG acquired the IT company Avenga. The amount of the deal was not disclosed. The company told AIN.Capital the news on December 15, 2023. KKCG is an investment and innovation company specializing in the