Countries - page 6

Distance Technologies raises a $2.7M pre-seed round from Finnish investors

Maki.vc and FOV Ventures have co-led a $2.7 million pre-seed investment round for Distance Technologies, a Helsinki-based startup developing glasses-free mixed reality solution. Business Finland and David Helgason’s Foobar.vc also participated in the financing. About Distance Technologies Investment details This

Finnish startup Flow Computing secures €4M in a pre-seed funding

Flow Computing, a Helsinki-based startup specializing in on-die ultra-high-performance parallel computing solutions, has announced a €4 million in a pre-seed funding round. The investment was led by Butterfly Ventures and will accelerate Flow’s development of its Parallel Processing Unit technology. About Flow

Uklon co-founders invest $200k in Buntar Aerospace. How their foundation will support Defense Tech startups

Uklon Co-Founders Vitalii Diatlenko, Sergii Smus, Victoria Dubrovska, and Dmytro Dubrovskyi ceased their operational management duties in August 2023 and created an investment fund to support Ukrainian defense tech companies. Dmytro Dubrovskyi talked with the Editor-in-Chief of AIN.UA about how

Finnish spinoff company CeLLife closes a €2M seed funding from Ventech

CeLLife Technologies, a Tampere-founded spinoff company providing battery measurement and quality control technology, has closed a €2 million seed funding round led by the Pan-European VC fund Ventech. This funding round will support CeLLife’s development and expansion. About CeLLife I

Startup of the Day: Esgrid, an Estonian provider of value chain sustainability management solutions

Founded in 2023, Esgrid provides value chain sustainability management solutions for medium-sized enterprises and financial institutions. Its platform helps businesses assess, manage, and improve their value chain sustainability impact, ensuring compliance with ESG standards. Currently, over 100 companies uses ESG data on the

CEE startups secure $11.8B in funding for Q1 2024 — report by Vestbee

In the first quarter of 2024, global startup funding decreased to the second-lowest level since 2018, amounting to only $66 billion, representing a 6% QoQ increase but a significant 20% YoY decrease. Meanwhile, after significant growth from 2014 to 2021,

Estonian-founded biotech ExpressionEdits raises $13M in a seed funding

ExpressionEdits, a Cambridge-based biotechnology company optimizing protein expression using AI and proprietary intronization technology, has raised $13 million in a seed funding round. Octopus Ventures and redalpine co-led the investment. The funding will accelerate the startup’s product development and candidate

Finnish-Ukrainian fund Double Tap Investments to invest in Ukrainian defense tech startups

Double Tap Investments, a Finnish-Ukrainian investment company, has decided to shift its investment focus towards Ukrainian defense technology startups. The company announced the news to AIN via press release. Double Tap starts operations in Finland on June 7. The start

Techosystem elects a new board of directors and the head of the union — Oleksandr Yatsenko

Techosystem, a civic union that unites all market players to establish more favorable business conditions in Ukraine, has elected a new new board of directors and the head of the union for the next two years. The union announced the

Finnish startup Audicin secures $565k in a pre-seed funding from local angels

Audicin, a Helsinki-based startup specializing in patent-pending audio treatments for nervous system regulation, has secured €520,000 in a pre-seed funding round. The investment round saw participation from several local angel investors. Audicin intends to allocate the funds to enhance its