Countries - page 38

Estonian VOOL raises €2.9M to scale its EV charging serial production

EV charging startup VOOL has raised €2.9 million, of which €1.3 million is an additional seed investment funding and €1.6 million is a grant. The investment was led by Specialist VC with participation from angel investors, including the former President of Estonia

Ukrainian studio 4A Games hires people to develop a new game

Ukrainian game development studio 4A Games, better known for the Metro series games, is also working on a new AAA game and is recruiting specialists for this project. This was announced on the company’s Twitter account.

Norwegian fintech startup Strise raises €10M. Finnish Maki VC joins the round

Oslo-based Strise, a company that offers KYC intelligence systems, has raised €10 million in a Series A round of funding to accelerate the European expansion. The investment was led by Atomico, with the participation of Curiosity, Maki.vc and Sondo.

Startup of the Day: Latvian adtech Monetizr

Founded in 2016 by Andris Merkulovs (CEO) and Martins Bratuskinsin (COO) in Riga, Monetizr provides advertising experience platform for the video game industry. The company focuses on helping brands to reach, engage, and convert more than 300 million global (78

OAG acquires Infare, the leading provider of competitor air travel data in Lithuania

World’s leading data platform for the travel industry OAG has acquired Infare, a provider of competitor air travel data. Through the acquisition, the British company is set to increase its footprint in Lithuania, where both businesses operated for years. “We are

YZR Capital and Ukrainian Startup Fund launch a new program to empower healthtech startups

Munich-based investment firm YZR Capital and the Ukrainian Startup Fund have announced the introduction of a collaborative investment program designed to help out healthtech startups with funding. The firm plans to invest around €250,000 — €12.5 million per company. The applications

Finnish startup Paptic raises €23M to accelerate the development of packaging materials

Paptic, a Finnish manufacturer of wood fibre-based packaging materials, has raised €23 million in growth financing. The company’s shareholder base expanded with the European Circular Bioeconomy Fund and Ecolab. “Our rapid progress from a startup to a high-growth company has made

Top 100 Fintech and Blockchain Outsourcing Companies in Europe: Hypra Fund report

Hypra Fund, an investment fund founded in 2022 by Ukrainian entrepreneur Igor Pertsiya, has published a complete review of the top 100 outsourcing companies in Europe’s fintech and blockchain sectors. According to the research, Ukraine ranks second in terms of

Veriff plans another layoff. This time, Estonian unicorn will fire 55 people

Tallinn-based identity verification company Veriff filed a collective redundancy notice with the Unemployment Insurance Fund on 22 August, citing the difficult global market situation. The company is laying off another 55 people, mainly from its Tallinn team. “Veriff’s fixed cost

Finnish Measurlabs, a provider of laboratory analyses and testing services, secures €2.5M

Helsinki-based Measurlabs, that offers laboratory analysis and testing services for researchers, has secured €2.5 million in a seed round to scale its operations. The round was led by VentureFriends, joined by existing investors Lifeline Ventures, Tesi, and Curus. About Measurlabs: