Countries - page 61

Finnish company Valo Therapeutics secures €2.23M from EIC

Helsinki-based Valo Therapeutics, a developer of adaptable immunotherapies, has secured €2.23 million from the European Innovation Council. The funding will help to progress its innovative PeptiCHIP technology, FinSMEs informs.

Estonian fintech Coinmetro acquires Ignium, deal’s value — €4M

Tallinn-based fintech startup Coinmetro has announced the acquisition of Ignium, a blockchain-based fundraising platform for SMEs. The deal, valued at €4 million, will enable Coinmetro to develop an active market for equity trading, ArcticStartup reports. “Ignium has a long-standing relationship

Estonian e-bike maker Ampler joins Kõu Mobility Group 

Two Estonian-based companies Ampler and Kõu Mobility Group announced that they will join forces, to strengthen their position in the micromobility industry and to continue making emotive zero-emission commuting accessible for everyone. Kõu Mobility Group, becomes the majority shareholder, holding

Startup of the Day: Polish-American insurtech startup Tensorflight

Established in 2016, Tensorflight develops a property platform that reduces risk, waste, and cost based on convolutional neural networks. The technology connects to software via API and uses ground-level imagery combined with satellite and aerial imagery to create accurate replacement

How much do IT specialists make in Poland? A third of all vacancies are for Ukrainians

Polish job search portal Just Join IT has published research on IT specialists’ salaries in the local market. As part of the research, the analysts reviewed more than 175,000 vacancies posted in 2022, and also interviewed 3,000 specialists. Among all

V4Region Up Innobooster: new acceleration program for V4 and Ukrainian startups

Wolves Summit announced the launch of a new 4-week online accelerator program for startups from Visegrad 4 bloc, namely Poland, the Czech Republic, Hungary, Slovakia, and Ukraine called V4Region Up Innobooster. It is aimed to help Ukrainian startups affected by

Estonian unicorn Veriff lays off 12% of its employees

Tallinn-based identity verification company Veriff is laying off 12%, or 66 people, of its employees across teams around the world. As a result of the layoff, the company will retain just over 500 employees. This is happening only a year

Startup of the Day: SmartyMeet, Polish AI-based assistant for online meetings

SmartyMeet is a Warsaw-based startup that develops the Boe videobot, Conversation Intelligence platform for scaling businesses. It can translate the meeting in real-time, find the necessary information in knowledge bases, analyze positive or negative moods during the conversation, and generate

Similarweb is under layoffs. The company has a team in Ukraine (updated)

Similarweb, like many other big tech companies, is cutting staff, as AIN.Capital learned from its own sources. The exact figure is currently unknown, but according to the sources, the layoffs are affecting approximately 10% of the company’s staff in Ukraine.

Estonian biotech ÄIO raises €1M to make alternative oils and fats

Tallinn-based biotech startup ÄIO has raised €1 million in fresh funding to develop and produce alternative oils and fats for the food industry. Nordic Foodtech VC, EAS, and several other partners provided the funding, The Spoon reports.