Countries - page 35

Finland’s UB FIGG co-led €36.6M investment for German traceless materials 

Hamburg-based biomaterials startup traceless materials has raised €36.6 million in a Series A funding round. The investment round was co-led by Finnish UB FIGG and Parisian Swen Capital Partners and for the further scaling and the construction of its first industry plant.

Estonian company Currynomics Labs secures €400k for its digital currency Redcurry

Tallinn-based digital currency developer Currynomics Labs has secured €400,000 in funding to create its “new money” solution, Redcurry. Investors include Ecosh Life, Impulse Generator Fund, and several angels, Tech.eu reports. “Redcurry represents a new era for money. It’s designed to

“We definitely are looking to increase our presence in Ukraine.” Interview with Borys Musielak from SMOK Ventures

SMOK Ventures is one of the 20 most active Polish VC funds in 2023. It has already done 7 investments this year, including 3 Ukrainian startups: Finmap, Workee, and Masthead Data, and is planning to add 5 more startups to its

From IT developer at 18 to CTO in the US at 22. The story of a programmer from a little town in Ukraine

Yev Rachkovan grew up in a small town in the Cherkasy region, Ukraine, and has already had an eventful career for a 22-year-old guy. At the age of 18, he worked as a full-stack developer at a Ukrainian IT company,

Estonian logistics startup Cleveron secures €3.5M from Nordic Secondary Fund

Tallinn-based logistics startup Cleveron has secured €3.5 million in an investment round led by the Danish Nordic Secondary Fund, Invest in Estonian reports concerning BalticVC. The investment will allow Cleveron to redefine the last-mile delivery experience through robotics-based parcel terminals.

Finnish startup Speechly is acquired by Roblox

Helsinki-based voice interaction technology startup Speechly has been acquired by Roblox, an online gaming and communication platform. Speechly specializes in speech recognition and natural language understanding tools, ArcticStartup reports. “We are proud of the speech recognition product and solutions our

Ukrainian VC firm ZAS Ventures announces its official launch

ZAS Ventures, Ukrainian venture early-stage venture advisory firm, has announced the official launch. Startups can already apply on the firm’s website. AIN.Capital tells the main details. Primary information about ZAS Ventures Ukrainians Andrew Zinchuk and Artem Volkhonskyi founded ZAS Ventures.

Lithuanian AskToSell announces €100k round from Startup Wise Guys and Specialist VC

Vilnius-based AskToSell, which develops an AI platform for full sales cycle for small deals has announced a fresh €100,000 round. The pre-seed investment was co-led by Startup Wise Guys and Specialist VC, the startup informed AIN.Capital. ”We were the first investor

Finland’s gametech Spectarium raises €5M led by BITKRAFT Ventures

Oulu-based Spectarium, a company that builds cross-platform action RPGs (Role-playing Video Games) has raised €5 million in a seed round led by BITKRAFT Venture. The investment will help to scale the team and further develop the gameplay of its first

Ukrainian IT is made of 2,300 companies, 72% are product companies — Incredible Tech catalogue

Ukrainian IT has developed rapidly and has become Ukraine’s second-largest export industry, comprising about 2,300 companies employing more than 360,000 IT professionals. 72% of Ukrainian IT companies are making products that can be found all over the world. The Ministry