Countries - page 29

“In the past few years, the market has overheated. Now it’s getting back to normal.” Interview with Trind Ventures

Since the launch of its second fund in 2022, Trind Ventures has closed almost a dozen investments, including the most recent ones in Webel, Boksi, Your.Rentals, and Wudpecker. Due to its activity, the fund was included in out 19 most

Justtag Group acquires Relevant Audience to enter the Scandinavian market

Polish company Justtag Group, one of the largest data-as-a-service platforms in CEE, has acquired Relevant Audience, a Finnish business, as it looks to expand into the Scandinavian market. The companies shared the news with AIN.Capital via press release. “We have

Estonian RAIKU secures €8.8M funding from EIC Accelerator

Estonian sustainability startup RAIKU has announced the closing of a €8.8 million funding round led by EIC Accelerator and the private sector. The company has developed an innovative packaging filling material. “In Europe, only about 60% of packaging is recycled,

Warsaw Equity Group and TS Ventures exit Piwik PRO with 4.1x return

Warsaw Equity Group has announced its joint exit with TS Ventures from Piwik PRO, a Wroclaw-based web analytics company. The exit concluded a six-year partnership, achieving a 4.1x cash-on-cash return. “We are thrilled to have had the opportunity to support

In the past decade, Poland has become a hub of innovation with more than 3,000 startups — Polish ecosystem overview by VCleaders

Poland’s startup scene has seen steady growth in recent years, with around 3,000 startups currently operating. The total ecosystem is valued approximately at €47.7 billion in 2023. Software, fintech, and health are the top startup industries. VCLeaders has created Ecosystem

Kuva Space, Finnish Earth observation firm, announces €16.6M in a Series A round

Kuva Space has announced the raising of €16.6 million funding round to launch its microsatellite constellation. The investment was backed by Voima Ventures, Nordic Foodtech VC, Earth VC, Springvest, and Business Finland. About Kuva Space: Investors’ list: “We are extremely

Tallinn-based Flowstep closes pre-seed round of €755k led by Tera Ventures

Flowstep is a UX copilot that helps to analyze the applications and design new products, has closed a pre-seed funding round of €755,000 for its further product development. Tera Ventures led the investment, Specialist VC and several angels joined it.

“We’re passionate about establishing a globally recognized company based in Poland.“ Interview with Certifier

Recently, Ukrainian-founded startup Certifier, which designs a system to manage digital credentials through a certificate builder, templates, emails, security, and analytics, raised $700,000 from Movens Capital, FundingBox Deep Tech Fund, Black Pearls VC, and DEPO Ventures. Now, the company is

Startup of the Day: myTU, Lithuanian mobile banking platform 

Founded by Raman Korneu and Tomas Navickas, myTU is a digital banking platform. It offers payment and loyalty solutions for private consumers and business clients with focus on travel and hospitality industry. The startup has already boasted over 25,000 customers. In

“We want to be involved in Ukraine’s startup ecosystem.“ Interview with Maciek Balsewicz from bValue

Recently, AIN.Capital made the ranking of the 20 most active Polish VC funds in 2023, bValue was among them. It has already done 4 investments this year, including Innential, Wellbee, and noo.ma. In March 2023, bValue Fund II fully exited its portfolio company Renters.pl,