Rostyslav Sobachynskyi

Estonian nanotech UP Catalyst secures €1.5M to address key challenges in carbon manufacturing

Tallinn-based nanotech company UP Catalyst has secured €1.5 million to advance production of carbon materials for batteries. EAS-Enterprise Estonia provided the funding for the 2-year project. “As raw material suppliers, we are responsible together with battery producers to make batteries

Latvian car subscription platform Renti Plus is acquired by Sixt

The international mobility service provider Sixt has acquired Renti Plus, a Latvia-based car subscription platform. As part of the undisclosed deal, Sixt takes over a fleet of over 100 cars, Labs of Latvia informs. “We are always looking at new

116 companies from Poland received €96.4M in Q2 2023 — Polish VC report

In the second quarter of 2023, 116 companies from Poland received €96.4 million (PLN 429 million) from 69 funds. PFR Ventures and Inovo VC have prepared a report summarizing transactions on the Polish VC market in Q2 2023. AIN.Capital shares the

Polish InPost invests £49.3M in Menzies, a British logistics company

The InPost Group, a Polish last-mile delivery company, has invested £49.3 million in Menzies, a UK-based logistics company. Following the deal, InPost acquired 30% stake and voting rights in Menzies Distribution Group Limited, My Company Polska reports. “This investment is a

Czech localization startup Phrase secures €12M in venture debt

Prague-based cloud-based localization software provider Phrase has secured €12 million in venture debt financing from CIBC Innovation Banking. The funds will allow the company to further develop the next generation of AI-driven language technology, EU-Startups reports. “We are delighted to

LIAA to provide €73M for Latvian SMEs in a new support program

The Latvian Investment and Development Agency (LIAA) will provide €73 million in support funding for Latvian SMEs (small and medium-sized enterprises). This is part of a new EU Structural Fund-backed support program.

Austrian drone startup subdron raises €1.3M in a pre-seed round

Lauterach-based innovative startup subdron has raised €1.3 million in a pre-seed round to advance the underwater structures inspection with autonomous drones. The investment round was co-led by xista science ventures and Faber, with participation from Saber, EU-Startups informs.

Finnish consoles developer Loupedeck is acquired by Logitech

Logitech International, a global hardware and software provider, has acquired Loupedeck, a Helsinki-based developer of custom editing consoles for creative and livestreaming verticals. The acquisition was made for an undisclosed, non-material amount, Silicon Canals reports. “Loupedeck and Logitech share a

Polish startup Codejet raises €250k and gains 1,8k users in a month

Poland-based web design platform Codejet has raised about €250,000 (PLN 1.1 million) in a funding round led by the Terra Seed fund. With the funds, the company focused on developing and testing its tools, primarily for international users, AIN.Capital learned