14.04.23 Tech1 Investments Polish fund Scanderia Venture invests in Miodajnik, a portioning device for honey Polish VC fund Scanderia Venture has invested in the Miodajnik project. It is a device for non-contact honey portioning “like espresso coffee”. The amount of the deal is unknown.
14.04.23 Tech1 Investments Poland-founded Nutrix completes a new funding round, raising €2.1M raised in total Nutrix, a healthcare startup with a Polish co-founder, has completed its second round of funding. It has already raised a total of €2.1 million (PLN 10 million). Simpact Ventures, Chile Ventures, and ADD Venture are the main investors, My Company
14.04.23 Tech1 M&A Bulgaria’s ATM Electronics is acquired for €3.17M by Sweden-based NOTE Swedish electronic manufacturer NOTE has announced the acquisition of Bulgarian ATM Electronics for a price of €3.17 million (SEK 36 million). As the result of the deal, NOTE gains another electronics assembly plant in Eastern Europe. “NOTE continues to develop
13.04.23 News How massive layoffs affect CEE big tech and startup ecosystem — overview Global job cuts continue to reach new heights. The number of tech layoffs in Q1 2023 has already surpassed the whole of 2022, with 165,622 tech specialists fired globally and more than 40,000 in Europe. Due to economic and geopolitical
12.04.23 News Czech AI Startup Incubator announces a new €20M fund, Look AI Ventures Pragua-based AI Startup Incubator has announced the launch of Look AI Ventures, a €20 million fund aiming to invest in early-stage AI startup ecosystem. The fund plans to provide €250,000 to 35 startups. “Artificial intelligence is in a unique situation.
12.04.23 Countries Poland Polish Cashbene and Swedish Dreams Technology get €10k each as winners of RBL_START Meetup Poland’s Alior Bank has announced the winners of the 5th-edition of its RBL_START Meetup. Among nearly 200 participants, two startups have received €10,000 each — Polish startup Cashbene and Swedish Dreams Technology, MamStartup reports. The winners of RBL_START Meetup
11.04.23 Tech1 Investments Polish company Gleevery closes its second funding round. So far, it has raised €1.5M Gleevery develops a platform that connects employers with all kinds of technology stores, producers, and distributors, and then enables employees to rent their dream products as non-wage benefits, thanks to a paid subscription by the company.
11.04.23 Tech1 M&A Renters.pl acquires 100% shares in Rent Like Home Warsaw-based company Renters.pl has acquired 100% shares in Rent Like Home, its competitor on the market. The undisclosed deal will help Renters.pl with the consolidation of the Polish market of short term rental services, MamStartup reports. “The inclusion of Rent
10.04.23 Tech1 Investments Poland’s Scanderia Venture fund invests €25M in the GraftFlow research Polish VC firm Scanderia Venture has made an investment of over €25 million (117 million PLN) to support the GraftFlow research and development project. The technology can help save lives in case of vessel ruptures. The majority of the funds came from BRIdge Alfa
07.04.23 News Hungary refuses to join EU Startup Nations Alliance as gender diversity is among its values Hungarian government refused to become a member of the European Startup Nations Alliance (ESNA) aimed at supporting startups in the EU. The reason is that the declaration needed to be signed to join it contains a clause mentioning gender diversity, Sifted reports.