Rostyslav Sobachynskyi

Record €298M raised by Baltic PE/VC funds — 2022 market overview

Despite being a relatively young market, the Baltic PE/VC industry has shown substantialgrowth. In 2022, capital raised by Baltic funds reached €298 million, a year-over-year increase in capital raised is over 130%. Baltic funds completed over 220 transactions, investing a

Glovo Ukraine Startup Lab chooses 3 finalists to receive €35k

The Ukranian Startup Fund in cooperation with Glovo have announced the winners of the Glovo Ukraine Startup Lab program. Three Ukrainian startups Revisior, DEEPLOYALTY, and Spendbase have received a total of €35,000 in prize money, the organizers told AIN.Capital. “Ukraine has huge potential

Grupa Wirtualna Polska acquires SAMITO, a Polish e-commerce company

Grupa Wirtualna Polska has acquired SAMITO, which provides e-commerce shops with marketing automation solutions. The deal’s amount is not disclosed. It will help strengthen the holding’s adtech platform — WP Ads.

SPINAKER alfa invests in dopasuj.to, a Polish furniture printing company

Lodz-based VC fund SPINAKER alfa has invested in dopasuj.to, which offers an innovative furniture printing technology. The companies do not disclose the amount of the deal that will add the platform for ordering furniture online to the fund’s portfolio. “The

NATO to launch €1B Innovation Fund for deeptech startups in July. How it will work

NATO Innovation Unit is launching the world’s first multi-sovereign venture capital fund — NATO Innovation Fund (NIF), which will unite 23 allied-countries in order to drive innovation within their markets. This number also includes Finland that has recently announced to

Finland’s Lifeline Ventures raises €150M for its fifth fund

Helsinki-based early-stage VC firm Lifeline Ventures has raised €150 million for the fifth fund — its biggest one to date. Several pension funds backed the firm to allow Lifeline Ventures to continue investing in Finnish startups, Sifted reports.

Atomic Heart, Escape from Tarkov, and Wagner Groups: how Steam tolerates the war sympathizers

Valve Corporation, the owner of Steam, is currently facing the community backlash as several groups were found on the platform named after the Wagner Group, an internationally-recognized and banned terrorist organization rooted in Russia. However, the company doesn’t seem to

Finnish company Aibidia raises €13M in Series A to upgrade global transfer pricing

Helsinki-based company Aibidia has raised €13 million Series A funding round. DN Capital and FPV Ventures co-led the round, with existing investors Icebreaker.vc and Global Founders Capital also participating. “The diligent and steady way Hannu-Tapani and his team have approached the growth of Aibidia,

Polish spacetech Liftero secures pre-seed round to revolutionize orbital transportation

Poland-based spacetech company Liftero has successfully closed a pre-seed funding round. Sunfish Partners, Freya Capital, bValue, and several angel investors participated in the round set to revolutionize orbital transportation. “Super-heavy and reusable launchers are coming to the market, with SpaceX