Rostyslav Sobachynskyi

Polish fintech simpl.rent raises $350K from Black Pearls VC

The Poland-based fintech startup simpl.rent has raised a $350,000 investment round. The round was led by Black Pearls VC with participation from Kogito Ventures, Fintek.pl reports. Founded in 2019 by Piotr Pajda, Filip Dykas, Marcin Kopeć, and Aleksander Radolak, simpl.rent aims to improve

Finnish game developer Supercell acquires majority stake in Trailmix

The Helsinki-based game developer company Supercell has acquired a majority stake in the London-based online games developer Trailmix. The financial details of the deal have not been disclosed. It is known that Supercell plans to invest another $60 million of debt and equity

Polish AIP Seed opens new €25M fund to support CEE startups

The Warsaw-based venture capital company AIP Seed has opened a new €25 million fund for startups from Central and Eastern Europe. Named AIP Seed 2.0, it will back over 30 startups annually and offer mentorship from experts, Tech.eu reports. “Together

Georgian fintech Kernel raises $30K at Shark Tank show

The Tbilisi-based fintech Kernel has raised $30,000 at Shark Tank, a popular pitch show in the US. The funding will allow the startup to grow in the Philippine and Indian markets, Caucasus Business Week reports. Founded in 2019 by Beka Dalakishvili, Misho Zghuladze,

Edtech Strive raises €100K to teach kids about cryptocurrency

The London-headquartered edtech Strive has raised €100,000 from the European fund Demium. The startup aims to teach kids about cryptocurrency, MamStartup reports. Strive is founded in 2020 by an international team of founders: Andrew Birt, Ivan Muck, and Magda Misiorny.

Helsinki-based food delivery startup Huuva secures €4.9M

The Helsinki-based food delivery startup Huuva has secured €4.9 million in a seed round. The round was led by General Catalyst with participation from Lifeline Ventures and several angels, Bloomberg writes. Founded in 2021 by Ville Lehto and Ville Leppälä,

Israeli mobile games company Playtika cuts 250 employees. Eastern Europe’s staff will remain

The Israeli mobile games company Playtika is about to cut its 250 employees, about 6% of its workforce. The company will close studios in Montreal, Los Angeles, and London and transfer some activities back to Israel, Globes informs. The company has

Finnish cybersecurity startup Hoxhunt raises $40M in Series B from Level Equity

The Espoo-based cybersecurity training platform Hoxhunt has raised a $40 million Series B round. Level Equity Management led the round, and the existing investor Icebreaker.vc also participated, Tech.EU reports. Founded in 2016 by Mika Aalto and Pyry Åvist, Hoxhunt protects organizations and their

Poland’s healthtech Good Sleeper raises $285K for insomnia treatment

The Warsaw-based healthtech startup Good Sleeper has raised $285,000 in pre-seed for its insomnia treatment platform Terapia Bezsenności. LT Capital fund and the pharmaceutical company Adamed invested in the round, MamStartup reports. Founded in 2020 by Jan Potworowski, Good Sleeper