Countries - page 15

Finnish startup Steady Energy secures a €10M investment round

Steady Energy, a Helsinki-based company specializing in carbon-neutral heat solutions delivery, has secured €10 million in a funding round led by existing investors, Lifeline Ventures and Yes VC. The funding will be used to further develop its technology, accelerate research and development efforts.

International investments in Ukraine amounted to $1.7B over two years

Over the two years of the full-scale war with russia, the total volume of international investments in Ukraine reached $1.7 billion, of which $1.2 billion were invested in 2023 alone. The head of the KSE Institute, Nataliya Shapoval stated the

Finnish foodtech startup Perfat Technologies closes €1M seed round

Perfat Technologies, a Helsinki-based food-deeptech company, has announced the closure of its €1 million seed funding round. It was led by Nordic Science Investments and supported by Helsinki University Funds and other investors. About Perfat Technologies Investment details Perfat is

Estonian home rental Rendin secures nearly €2M from Tera Ventures and SWG

Rendin, a Tallinn-based home rental ecosystem startup, has secured nearly €2 million led by Tera Ventures. The investment will help to prepare for the A-round raising and expansion in both current and new markets starting in April. Involving customers in

Startup of the Day: Axiology, a Lithuanian fintech company

Axiology was founded by Andrius Bartminas, Marius Jurgilas, Andrius Mamontovas, and Andrius Kašuba in 2023. The startup develops a platform for tokenized securities that facilitates the trading of stocks or bonds using Distributed Ledger Technology (DLT). Its ultimate target market is financial intermediaries

Estonian-Swedish gamedev studio Crypto Rogue Games raises $1.5M in seed funding

Umeå and Tallinn-based game development studio Crypto Rogue Games has raised $1.5 million in a seed funding round backed by Merit Circle and Avalanche. The investment will help to accelerate the game development process and establish the studio’s leading position in the gaming industry,

Huge Innovators Map III edition is out — check out these 29 firms ready to invest in your startup

Huge Thing and PFR Ventures have prepared the third edition of the Huge Innovators Map, a compilation of corporations operating in Poland. The list includes 29 entities, including companies like Orlen, Bank BNP, Rossmann, Medicover, and Ciech. AIN shares key notes of

VivaTech named Top 100 Next Unicorns: 8 are from CEE

Each year, Viva Technology, a Paris-based annual technology conference, publishes its Top 100 Next Unicorns ranking. It is a list of the 100 most promising scale-ups in Europe with the potential to reach a valuation of $1 billion or more in

Ukrainian drone startup Buntar Aerospace raises $1M. Interview with the team

In the summer of 2023, Ivan Kaunov, co-founder of Finmap and ex-founder of Pix Backpack, created a new defense tech company. He was inspired by Star Wars and named it Buntar Aerospace (Бунтар means Rebell in Ukrainian). He and other co-founders, Kateryna Bezsudna and

Embracer exits russia, selling Ukrainian studios Fractured Byte and, likely, 4A Games to russians

Swedish video game holding company Embracer Group has announced today that it is exiting the russian market and selling its “daughter” Saber Interactive for $247 million. The Ukrainian game developer Fractured Byte will be transferred to a buyer with russian