26.09.23 News How much does 1 GB of mobile data cost in Eastern Europe in 2023? Eastern Europe is one of the three regions with the lowest pricing for mobile data in the world, with an average cost of $1.27. The research was conducted by Cable.co.uk, which calculated the average cost of 1GB of mobile data
25.09.23 Countries Estonia Estonian company Currynomics Labs secures €400k for its digital currency Redcurry Tallinn-based digital currency developer Currynomics Labs has secured €400,000 in funding to create its “new money” solution, Redcurry. Investors include Ecosh Life, Impulse Generator Fund, and several angels, Tech.eu reports. “Redcurry represents a new era for money. It’s designed to
25.09.23 Tech1 Investments Romanian foodtech Unison raises €133k from Mavers Ventures and angels Romanian foodtech startup Unison has raised €133,000 in a pre-seed investment round from Mavers Ventures, who led the round, as well as some angel investors. The company plans to close the pre-seed round at €225,000, seeking further capital on SeedBlink,
22.09.23 Countries Estonia Estonian logistics startup Cleveron secures €3.5M from Nordic Secondary Fund Tallinn-based logistics startup Cleveron has secured €3.5 million in an investment round led by the Danish Nordic Secondary Fund, Invest in Estonian reports concerning BalticVC. The investment will allow Cleveron to redefine the last-mile delivery experience through robotics-based parcel terminals.
22.09.23 Countries Finland Finnish startup Speechly is acquired by Roblox Helsinki-based voice interaction technology startup Speechly has been acquired by Roblox, an online gaming and communication platform. Speechly specializes in speech recognition and natural language understanding tools, ArcticStartup reports. “We are proud of the speech recognition product and solutions our
21.09.23 News Czech Tilia Impact Ventures launches €32M second fund to support CEE companies with a ESG focus Prague-based investment firm Tilia Impact Ventures has announced the launch of its €32 million second fund financed by the European Investment Fund and Ceska Sporitelna Bank. The fund aims to support CEE companies with an Environmental, Social, and Governance focus.
21.09.23 Tech1 M&A Ukrainian beleven acquires Agena Tech, expanding its reach in the Nordic region beleven, a Ukrainian leader in digital and mobile solutions, announces the strategic acquisition of Agena Tech, a technology company with a significant presence in the Nordic regions. This acquisition is a pivotal move for beleven, providing a competitive edge through
20.09.23 News Croatia’s HBOR and EIF launch new €52M equity investment program Croatian state-owned development bank HBOR and the European Investment Fund have announced the launch of a new €52 million joint equity investment program. Both sides will commit €26 million to support fast-growing Croatian businesses. About HBOR and EIF EIF (European
20.09.23 Tech1 Investments Romanian startup inki.tech secures seed round led by Helvetia Venture Fund Bucharest-based Device-on-Demand service inki.tech has secured a seed investment round to revolutionize device ownership and insurance. Helvetia Venture Fund led the round, joined by Autonom and The Mavers, the Recursive reports. “Integrated insurance has multiple benefits for our value proposition
20.09.23 Countries Ukraine Ukrainian IT is made of 2,300 companies, 72% are product companies — Incredible Tech catalogue Ukrainian IT has developed rapidly and has become Ukraine’s second-largest export industry, comprising about 2,300 companies employing more than 360,000 IT professionals. 72% of Ukrainian IT companies are making products that can be found all over the world. The Ministry