26.05.23 Tech1 Investments Austrian startup Shopstory raises €1M for its e-commerce automation platform Vienna-based SaaS startup Shopstory has raised €1 million to further develop its no-code online shops automation platform. Two new Austrian funds Hardlymountain Capital and Calm/Storm joined the existing investors in the round, EU-Startups reports. “We see a huge opportunity for
26.05.23 Countries Poland TechHub: PFR’s new program to support Polish deeptech startups with up to €110M More and more Polish corporations open themselves for new high-tech solutions and cooperation with local startups. The deeptech sector has been gaining traction in Poland’s innovation ecosystem lately. However, the sector arguably lacks a leader figure. The Polish Development Fund
26.05.23 Countries Ukraine Ukrainian Digital Future exits YouAppi, which was sold for $45M Ukrainian investment firm Digital Future made an exit from the American-Israeli project YouAppi. 100% of the company was bought by Indian Affle International Pte Ltd for $45 million. Digital Future founder Oleksiy Vitchenko informed about this, referencing Financial Express. “We
25.05.23 Tech1 M&A Innova Capital acquires majority stake in Romania’s NETOPIA Group Innova Capital, a leading private equity firm in Central and Eastern Europe, has announced the acquisition of the majority stake in NETOPIA Group, a Romanian payment services provider. The deal will allow the fund to expand its presence in the
25.05.23 Countries Ukraine EOS SAT-1 Satellite gets first images from the orbit EOS Data Analytics, a satellite developer founded by the Ukrainian Max Polyakov, processed the first commercial images from the agri-oriented EOS SAT-1 satellite. The initial satellite was launched into orbit by SpaceX’s Falcon 9 rocket on January 3, 2023, the
25.05.23 Countries Ukraine Venture investments in Ukraine fell by 74% during 2022 — DealBook report The investment firm AVentures Capital has published another research of the venture and IT market of Ukraine. This time, for the year 2022.
24.05.23 Countries Poland Visa opens a global tech hub in Poland. 1500 specialists are to be hired Visa, a multinational financial services corporation with operations in more than 200 countries, has announced its plans to open a global technology and product hub in Poland. According to iTwiz, the hub is going to be the first project of this
24.05.23 Countries Estonia Change Ventures secures €20M for its new pre-seed Fund III Estonia-based venture capital firm Change Ventures has secured €20 million to launch its third fund investing in the Baltic states. Fund III will focus on pre-seed investments in founder-driven companies from Estonia, Latvia, and Lithuania. Change Ventures Fund III
23.05.23 News Slovenia, Croatia, and Serbia raised €3.45B in 2021-2022 — Adria Tech ecosystem report The Adria Tech ecosystem is experiencing a remarkable transformation and is quickly becoming a global hub for technology and innovation. Over the last five years, the funding amount for the Adria Tech industry has skyrocketed from €300 million in 2016-2017
23.05.23 Tech1 Investments Bulgarian company Cupffee raises €1.8M for its edible coffee cups Plovdiv-based foodtech startup Cupffee has raised €1.8 million through a pre-seed round from Eleven Ventures and a grant from the EIC. The company produces and commercializes edible coffee cups and stirrers, the Recursive reports.