Countries - page 39

Finnish satellite provider ReOrbit raises $7.4M seed led by Inventure VC

ReOrbit, a Helsinki-based provider of software-enabled satellites, has raised $7.4 million in an oversubscribed seed funding round. Inventure VC led the round, which also saw participation from 10xFounders, existing investor Icebreaker.vc, Expansion, and YesVC. “This is a very important milestone for ReOrbit, and

I Am U Are launches online store. It sells Ukrainian-made goods in the US

I Am U Are, a project about Ukraine’s creative economy in the United States, has launched its online store to sell local goods from Ukrainian brands and artists. The news was first reported by The Village Ukraine. “Our goal is

Startup of the Day: Fungies.io, Polish no-code platform for indie gaming studios

Fungies.io, the developer of a no-code SaaS platform for indie gaming studios, was founded in 2022 by Duke Vu and Wojciech Harzowski. The startup’s team is based in Poland with an office in Palo Alto, California. The startup builds a gaming

Ukraine has millions of tons of lithium. Why is it not being mined?

Lithium is sometimes called “white gold” because it has become critical for several economic sectors. One of its leading suppliers in the world is China, and it is needed, among other things, for the manufacture of lithium batteries, which in

Finland’s FOV Ventures invests in Atopia, a developer of metaverse for arts and culture

Munich-based Atopia has secured a six-figure pre-seed round for its cultural industry game with VR technologies. The investment was co-led by FOV Ventures and Heartfelt_ (formerly APX), and joined by several angel investors.

Finnish SaaS startup Videobot secures €2M in a seed round

Turku-based SaaS startup Videobot has secured €2 million in a seed funding round set to revolutionize online customer experience with interactive video chatbots. Superhero Capital, Expon Capital Digital Tech Fund, and angels Urban Gillstrom and Ari Korhonen participated in the

Finnish Metsä Spring leads €360K round for Swedish biotech Adsorbi

Gothenburg-based startup Adsorbi has raised €360,000 in a seed round of financing for its bio-based air purification material that can remove pollutants from indoor air and decrease odors. The round was led by Metsä Spring, and joined by Chalmers Ventures

Greencode Ventures launches €40M fund to support green startups in Europe

Helsinki-based VC firm Greencode Ventures has announced the first close of a €40 million fund. It will focus on supporting European green startups while uplifting female founders at the same time. The final fund size is expected to reach €60

Finnish e-commerce Starcart raises €3.5M in a seed round

Helsinki-based e-commerce platform Starcart raises €3.5 million in seed funding round to expand into new European markets. Inventure VC led the round, which also saw participation from Business Finland and several angel investors, Tech.eu reports. “The reception has been overwhelmingly

Ukrainian edtech Mate academy launches an office in Brazil

Mate academy, an international edtech startup founded in Ukraine, has started expansion into Latin America by launching a representative office in Brazil. The company’s representatives shared the news with AIN.Capital. “Recognizing the potential of the Latin America market marks the