Rostyslav Sobachynskyi

Finnish e-comerce SaaShop raises €1.2M in a seed round

Espoo-based subscription software marketplace SaaShop has raised €1.2 million in a seed investment round. Business Finland is one of the investors, along with current owners and board members. “This round of funding will enable us to accelerate our go to

Lithuanian fashion startup The Knotty Ones raises €250k from Coinvest Capital and angels

Vilnius-based knitwear brand The Knotty Ones has just closed a €250,000 bridge round from Coinvest Capital and a diverse group of female angel investors. The startup is planning further expansion in its key markets such as the United States. “The

Polish startup MediSensonic secures €716k through Series D share issue

Poland-based innovative medtech startup MediSensonic has secured approximately €716,000 (PLN 3.3 million) through the issue of Series D shares, after its pre-money valuation reached around €9.8 million (PLN 45 million), Strefa Inwestorow reports. “I am proud that MediSensonic’s vision for development

Black Pearls VC announces exit from Solwit with 3.16x return on investment

Polish early-stage venture capital firm Black Pearls VC has achieved another successful exit with Solwit’s acquisition by ALTEN Group. The firm saw a 3.16x cash-on-cash return on investment, Black Pearls VC told AIN.Capital. “We are incredibly proud to have facilitated

Finnish XR startup Younite-AI secures significant private equity investment

Younite-AI, a frontrunner in AI and XR software solutions, has successfully secured a substantial round of private equity investment from Bocap. The financing will help the company to accelerate the development of its AI/Extended Reality (XR) software. “Younite-AI is at the

Lithuanian aerospace startup WeSky raises €1.1M from Baltic investors

Vilnius-based aerospace startup WeSky has raised €1.1 million in a fresh funding round. Coinvest Capital, Baltic Sandbox Ventures, and Notarc Management Group participated in the round, along with LitBAN angel investors, Tech.eu reports. “I want to express my deep gratitude to our

Bulgarian pioneering insect-tech Nasekomo secures €2.5M in grant money

Sofia-based insect-tech scaleup company Nasekomo has been awarded €2.5 million in grant capital to drive innovation in biotechnology under the European Recovery and Sustainability Plan. Thanks to the funding, the company will establish insect farms network to combat overfishing.

Baltic startup ecosystem in H1 2023 — Change Ventures and Firstpick report

In the Baltic region, the number of series A and growth rounds has significantly decreased, both raising over two times less than in H2 2022. On the contrary, the number of pre-seed and seed rounds in H1 2023 has increased.

SPINAKER alfa invests in Better Egg to bring vegetable substitution for scrambled eggs

Lodz-based SPINAKER alfa fund has invested in Better Egg, a Polish company that brings innovation on the plant food market. The startup develops a vegetable substitution for scrambled eggs, MamStartup reports. About SPINAKER alfa SPINAKER alfa is a seed capital