Countries - page 20

Grammarly is laying off 230 team members, 37 are in Ukraine

Grammarly, a Ukraine-founded platform for improving written English, has announced the layoff of about 230 team members worldwide, 37 of which are in Ukraine. The company told AIN.Capital the details. The layoffs come as part of Grammarly’s business restructuring to

Estonian Startup and VC Ecosystem — Vestbee report 2023

Now, over 1400 startups are located in Estonia, including over 100 newly registered ventures during 2022 and Q1 of 2023. The ecosystem’s total enterprise value has reached €36.3 billion. In addition, Estonia holds the highest number of unicorn companies in the

Finnish startup Reveel raises €650K in a pre-seed round from Inventure VC

Reveel, a Helsinki-based traveltech startup, has raised €650,000 in a pre-seed funding round to solve the future of tourism together with destinations worldwide. Inventure VC and business angels from Finland participated in the round as investors. We couldn’t be happier

Estonian fintech Tuum secures €25M in a Series B investment

Tuum, a Tallinn-based core banking provider, has secured €25 million in a Series B financing round led by CommerzVentures, with participation from Speedinvest alongside existing investors. The fresh capital will support Tuum’s international presence. Information about Tuum Everyone knows that

Baltic startup ecosystem in H2 2023 — FIRSTPICK and Change Ventures report

In the Baltic region, the number of growth investments significantly increased with 9 growth rounds generating 5 times more capital than in the H1 2023. Lithuania also became the leader in the market, generating 47% of the Baltic growth funding

Estonia-born Starship Technologies raises €83.6M in a round led by Plural

Starship Technologies, an Estonian-founded company building a network of autonomous delivery robots, has raised €83.6 million in a round co-led by Plural and Iconical. The new funding will fuel the company’s global expansion. Building a company like Starship takes at

Estonian Superangel co-leads €1.25M round for OTee, a Norwegian deeptech 

Oslo-based deeptech startup OTee has closed a €1.25 million investment round led by Norwegian venture capital fund RunwayFBU and Estonian fund Superangel. The funding will strengthen the startup’s position in the Nordics, EU-Startups reports. In November 2023, Superangel that also co-led a €1.75

3TS Capital Partners closes its new Fund IV at €111M

3TS Capital Partners, a European technology-focused growth capital investor based in Helsinki and Vienna, has announced the final closing of its Fund IV with €111 million in assets. 3TS will continue to support companies with roots in Engineering Europe. About the

Estonian Plural leads $11.4M round for UK’s Sano Genetics

Sano Genetics, a Cambridge-based software platform for patient recruitment in clinical trials, has raised approximately $11.4 million (£9 million) in a fresh funding round led by Plural. The round also saw participation from MMC Ventures, Episode 1, and Seedcamp. Precision

Ukrainian startups in Poland: challenges, state of funding, and plans — research

Every year, the Polish fund of funds PFR Ventures presents a comprehensive study of the venture capital and startup ecosystem in Poland. This year, AIN.Capital, Techosystem, a Ukrainian union of tech ecosystem players, and Movens Capital jointly conducted a new