28.01.22 Tech1 M&A EPAM Systems acquires Polish e-commerce company ENGINIETY EPAM Systems Inc., a global provider of digital transformation services, has acquired ENGINIETY, a Polish e-commerce company specializing in SAP Commerce Cloud solutions, EPAM announces. The companies do not reveal the financial part of the deal. Founded in 1993 by
27.01.22 Countries Estonia Estonian identity verification startup Veriff becomes unicorn with $100M funding Tallinn-based Veriff has closed a $100 million Series C round, becoming Estonia’s sixth unicorn. The other five are Skype, Wise, Pipedrive, Bolt, and Playtech. The fresh round values Veriff at $1.5 billion, Sifted reports. Founded in 2015 by the Estonians
27.01.22 Tech1 Investments Polish Infermedica raises $30M in Series B for its AI-based platform Infermedica, a Wroclaw-based digital health company, has raised $30 million in Series B funding. The round was led by One Peak with participation from previous investors Karma Ventures, European Bank for Reconstruction and Development, Heal Capital, and Inovo Venture Partners,
26.01.22 Countries Estonia Estonian fintech Tuum secures €15M for digital banking development Tuum, a Tallinn-based fintech, has closed a €15 million Series A funding round led by Portage Ventures, a global investor dedicated to supporting fintech companies. The existing investors, Blackfin Tech and Karma Ventures, also participated, Sifted reports. Tuum was founded
26.01.22 News Eleven Ventures closes new €60M fund to invest in startups from Southeast Europe The Bulgarian venture capital firm Eleven Ventures, which focuses on pre-seed and seed investing in Southeastern Europe (SEE), has announced the final closing of Eleven Fund III at €60 million. It is the tenth time bigger than its previous fund closed
25.01.22 Countries Finland Finnish market research startup Statzon raises €350k seed round Statzon, a Lahti-based market intelligence startup, has closed a €350,000 seed funding round. Leading investor was Gorilla Capital, Aikainen, Nordea Startup & Growth, as well as some angel investors also joined the round, ArcticStartup informs. As a computer software company,
25.01.22 Tech1 Investments Polish Spotbrowser raises around $250K for new VR tool Spotbrowser, a Rzeszow-based startup that develops virtual tours for the real estate market, has received around $250,000 (1 million zloty) seed investment from Czysta3.vc fund, MamStartup reports. Founded in 2016, Spotbrowser offers virtual estate viewing without leaving your home, which
24.01.22 Tech1 Investments Belarus-founded interior design platform Wizart raises €1.1M seed round Grodno-founded and Gdansk-based startup Wizart has raised €1.1 million in a seed funding round. It is a product company providing computer vision solutions for interior design, Tech.eu reports. Founded in 2018, Wizart develops a B2B2C platform for online DIY retailers
19.01.22 Tech1 Investments Polish startup Zowie raises $5M seed investment Zowie, a Polish startup headquartered in the US, has raised $5 million (20 million zloty) in seed funding. The round was led by Gradient Ventures, 10x, and Inovo Venture Partners, with participation from business angels, Fintek reports. Founded in 2019
18.01.22 Tech1 Investments Lithuanian fitness app Walk15 nabs €270K Walk15, a Lithuanian developer of a health and fitness application for regular walking, has raised almost €270,000 since the start of the year from Lithuanian and Latvian business angles, Invest Lithuania informs. The startup was founded in July 2019 by