Rostyslav Sobachynskyi

Finnish startup Polar Night Energy closes €7.6M in seed funding

Polar Night Energy, a Tampere-based renewable energy startup, has successfully secured €7.6 million in a seed funding round led by a private investor Jonathan Oppenheimer, and co-led by Stephen Industries, Holdix, and Turret. The funds will be used for growth

In February 2024, the volume of Ukrainian IT export reached $518M

In February 2024, the volume of IT export from Ukraine amounted to $518 million, according to the report of the National Bank of Ukraine. The number is the second lowest in two years. Partner country The volume of IT services

Ukrainian startup OneNotary raises $5M in a Series A investment

OneNotary, a Ukrainian startup providing online notary services, has closed a $5 million Series A investment round led by Jackson Square Ventures. The startup has also started a partnership with DocuSign. The participating investors shared the news with AIN. We

Innova Capital acquires a significant minority stake in Dimark

Polish private equity firm Innova Capital has acquired a significant minority stake in Dimark Manufacture S.A., a leading provider of proprietary industrial automation solutions. The investment marks another milestone for the firm’s newest Innova/7 fund. The company told the details

SP Tech Solutions raises nearly €3M to optimize rail transport

Polish company SP Tech Solutions has secured a new funding round, nearing €3 million (PLN 10 million). The fresh capital from Vinci HiTech fund will fuel further technological development, expand its features, and support international market expansion. The company told

“I believe the Bulgarian Startup and VC ecosystem is one of the most developed ones in the region.” Interview with Zlatolina Mukova from New Vision 3

Throughout 2023, New Vision 3 was one of the most active VC funds across the CEE region. With nearly a dozen investment rounds announced only in Autumn of the year, namely investments in Prolaz and 7 Bulgarian startups, NV3 continues

VivaTech named Top 100 Next Unicorns: 8 are from CEE

Each year, Viva Technology, a Paris-based annual technology conference, publishes its Top 100 Next Unicorns ranking. It is a list of the 100 most promising scale-ups in Europe with the potential to reach a valuation of $1 billion or more in

Finland’s Tesi exits Ultimate, a Finnish AI company

Tesi (officially Finnish Industry Investment Ltd) has announced its exit from Ultimate, a Finnish AI company, following its initial investment which was made in 2023. The acquiring party is Zendesk, a global customer experience (CX) software company. Ultimate transitions to

Lithuanian defense tech Broswarm raises $100k to develop landmine-detecting drones

Broswarm, a Vilnius-based defense tech startup focused on mine detection, has raised $100,000 in a fresh funding to improve the global approach to mine detection using drones. The round was led by ScaleWolf, a hybrid accelerator and fund for defense