12.04.22 Countries Estonia Estonian Montonio raises €11M in Series A from Index Ventures Tallinn-based e-commerce startup Montonio has raised €11 million in a Series A funding round from Index Ventures. Using the funds, the company plans to launch its services in Poland, Tech.eu reports. Founded in 2018 by Kristofer Turmen and Markus Lember,
11.04.22 Tech1 Investments Polish insurtech Laven raises $900K The Polish insurance company Laven has raised nearly $900,000 (3.8 million złotych) for its complementary health insurance system development. 4growth VC fund led the round, and several business angels also participated, MamStartup reports. Founded in 2020 by Piotr Karda, Laven
07.04.22 Tech1 Investments Cyber firm Nord Security raises $100M and becomes Lithuania’s second tech unicorn Nord Security, a Vilnius-based cybersecurity firm best known for its VPN product, has raised $100 million. NordVPN developer has become the county’s second tech unicorn at a $1.6 billion valuation, CNBC reports. Nord Security develops the NordVPN product, which has
07.04.22 Tech1 Investments Polish edtech Pixblocks secures $500K The Polish edtech startup Pixblocks has raised a $500,000 (2 million PLN) investment. Movens VC is a lead investor, along with some angel investors, MamStartup informs. Pixblocks was founded in Poznan in 2019. The company develops a platform for teaching
07.04.22 Countries Finland Book Salon, Finland’s beauty salon software developer, raises €3M in funding Book Salon, a Helsinki-based SaaS startup, has raised €3 million in funding. Joint Effects led the round, existing investor Big Bets VC also participated, ArcticStartup reports. Founded in 2016 by Harri Myllyla and Jonne Castren, Book Salon is a Finnish
07.04.22 Countries Finland Finnish e-commerce Upsy Company raises €1.2M Upsy Company, a Helsinki-based e-commerce product helping small businesses to stay competitive in the market, has raised €1.2 million. Gorilla Capital led the seed funding, EU-Startups informs. Founded in 2021 by Juha Sulkakoski, Upsy Shopping Helper is a SaaS-based solution
06.04.22 Countries Estonia Wert, an Estonian crypto payment platform, raises $5M in seed funding Wert, a Tallin-based crypto payment platform, has raised $5 million in seed funding. Londoner Tagus Capital led the round, ArcticStartup reports. Founded in 2020 by George Basiladze, Wert is a top-up module that can be integrated into any website or
06.04.22 Tech1 Investments Polish mental wellness app Mindgram secures €7M Mindgram, a Warsaw-based B2B platform, has secured a €7 million seed round. It is the biggest investment related to mental health in Europe. Alongside four other investors, Credo Ventures led the round. The company plans to expand to Europe, EU-Startups
24.03.22 News Firefly founder Max Polyakov donates $1M for Ukrainian relief The Ukrainian entrepreneur and founder of Firefly Aerospace, Max Polyakov, has donated $1 million for humanitarian and military aid to Ukraine, he announced on his Facebook page. According to Polyakov, the mayor of Dnipro Borys Filatov asked him for help. The businessman
22.03.22 Countries Ukraine Ukraine launches Humanitarian aid website The Russian invasion of Ukraine has created the biggest demographic crisis in Europe. Many volunteers created resources to help Ukraine. Now, thanks to the Ukrainian government, you can provide aid officially. The Ukrainian government has launched the Humanitarian aid website