Countries - page 31

“We plan to invest €15M a year in new companies.” Interview with Inovo.vc

Recently, Inovo.vc made headlines by closing several large deals, including investments in Embla and AI Clearing. The news led us to feature Inovo.vc in our 20 most active Polish VC funds ranking, where it placed first with 6 new investments

Orbyt acquires Telia Talous, a Finnish provider of eInvoice services

Norway-based Orbyt that develops Software-as-a-Service platform providing a one-stop shop for invoicing and payments, has acquired Telia Talous (Telia’s Finnish activities). The deal amount was not disclosed. About Orbyt: The deal details: “We believe that the best opportunities for the

Trind Ventures invests Your.Rentals, a Swedish short-term rental startup

Swedish SaaS startup Your.Rentals has announced the closing of an investment from Trind Ventures, an Estonian venture capital firm. Combined with the successful seed raise, Your.Rentals has secured €2.7 million in growth finance this year. “Your.Rentals has established itself as a leading player

Polish 11 Bit Studios to publish INDIKA, a Russian-made game. Ukrainian gamers are outraged

On October 18, Polish game developer and publisher 11 Bit Studios introduced INDIKA, a game set in a parallel 19th-century Russia made by Russian game developer Odd Meter Games. The news sparked outrage among the Ukrainian gaming community, with multiple

Nova Post launches in Estonia with plans to open branches in all Baltic countries in 2023

On October 20, Nova Post informed AIN.Capital about the opening of its first branch and starting courier delivery in Tallinn. Estonia has become the eighth country in the EU where Nova Post started its operation. “I am convinced that thanks to the

Polish Movens Capital exits Fenige with a 4.5x return

Warsaw-based Movens Capital has announced an exit from Fenige, an early pre-seed investment, with a sound 4.5x cash-on-cash return. It’s the sixth successful exit of Movens Capital partners from tech investments. “Fenige revenues from transactions in 2022 significantly exceeded €11

Estonian Bisly raises €3.6M for energy-saving building automation in EU

Tallinn-based intelligent building startup Bisly has raised a €3.6 million investment round led by Aconterra, the company told AIN.Capital. Second Century Ventures and REACH UK, SmartCap Green Fund I, and Pinorena Capital, as well as several angel investors also participated.

Andriy Khvetkevych founds a web3 company in the US and raises a $120k investment

Andriy Khvetkevych, co-owner of the Ukrainian domain registrar NIC.UA, founded a new business in the United States. It’s NicNames, a company that will sell domains on the blockchain that will also work on the regular Internet. According to the co-founder,

Finnish startup Boksi raises €7M in Series A funding

Helsinki-based creator economy startup Boksi has successfully closed its Series A funding round at €7 million. 3TS Capital Partners and Nexit Ventures led the round. Existing investors Trind Ventures, Aikainen Ventures, Business Finland, and several angels also participated. “We’ve built

Siena Secondary Fund makes a follow-up investment in Bolt, an Estonian unicorn

Estonian investment firm Siena Secondary Fund has made a follow-up investment in Bolt, and Estonian mobility unicorn. The capital will allow the company to continue support its growth. “We are excited to back again such an exceptional growth company like