Countries - page 60

Startup of the Day: NeuroSYS, Polish AI and custom software developer

NeuroSYS is a software development studio specializing in artificial intelligence and custom IT solutions for commercial applications. Since its launch in 2010, NeuroSYS has successfully implemented over 58 projects. The company also develops two startups — Samelane, a learning management

Maki.vc invests in CarbonCloud during a €7.5M Series A round

Sweden-based startup CarbonCloud, a climatetech SaaS solution for the food industry, has received a €7.5 million Series A round of funding led by Cusp Capital and Peak. Finnish firm Maki.vc also participated in the funding, Silicon Canals reports. “CarbonCloud provides this

Viber is looking for a Country Director for Ukraine

As AIN.Capital discovered, the Rakuten Viber company is looking for a specialist for the position of Country Director in Ukraine. Previously, VP of Growth, Key Markets Atanas Raykov, from the office in Bulgaria, was responsible for the country. “Ukraine is

Lithuanian startups raise €295M and are worth €9.5B, up 16.8 times since 2017 — Dealroom report

The rate of investments in Lithuania actually accelerated in 2022 despite a global softening in tech investments that began in 2021. Excluding megarounds, funding in Lithuania reached €295 million in 2022 and showed 16.8 times growth between 2017 and 2022.

Finnish startup Safegrid raises €5.7M for its Smart Grid monitoring solutions

Helsinki-based startup Safegrid has raised €5.7 million in a growth round of funding. Ajanta Innovations led the round, which also saw participation from Tesi, Grid.VC, and several angel investors, to accelerate Safegrid’s international expansion. “This urgent investment drive and subsequent need

Finnish Sisu Game Ventures сo-leads €4.7M round for Unagi, French Web3 games developer 

The Paris-based blockchain gaming studio Unagi has received €4.7 from early-stage VC Sisu Game Ventures with participation from other investors. This is Unagi’s fourth round of funding, and it will spend for further development and staff expansion, Tech.eu reports.

Startup Wise Guys raises €25M to invest in diversified funds

Tallinn-based accelerator Startup Wise Guys has raised €25 million as partial closing for a €45 million target fund to support B2B SaaS startups from regions such as CEE, Italy, Spain, and Africa. The firm plans to support a total of

EDGE acquires a majority stake in Estonian defense firm Milrem Robotics

EDGE, a defense conglomerate based in the UAE, has acquired a majority stake in Estonia’s robotics and autonomous systems developer and systems integrator Milrem Robotics. The amount of the deal is not disclosed, but it will allow both companies to

Startup Bridge 2023 announces its launch. It’s a Polish-Ukrainian accelerator

The Polish-Ukrainian Startup Bridge 2023 pre-acceleration program has started taking applications on February 13. The organizers will select 15 Ukrainian startups, each of which will receive development packages worth around €2,100 (PLN 10,000). Winners will receive several one-on-one sessions with

Baltic startup funding report: the number of rounds dropped by 30% from 1H to 2H 2022 

During the last few years, Baltic countries are almost at parity with Europe’s best both in terms of startups and unicorns per capita. But after a dramatic rise in capital raised by Baltic startups fell back significantly in 2H 2022.