Countries - page 7

Estonian SensusQ raises €3.8M for its defense intelligence software

The Tallinn-based defense tech SensusQ has raised €3.8 million from the US-based VC firm New North Ventures and angel investors. The investment will enable SensusQ to expand its team and meet growing market demand, according to Tech.eu. About SensusQ Details of the

Canadian armored vehicle manufacturer Roshel to build new factory in Ukraine

Canadian manufacturer of armored vehicles Roshel is planning to build a defense factory in Ukraine. According to ePravda, “tens of millions of dollars” will be invested in it. The factory will be focused on the Ukrainian and European markets. When

Angels for Ukraine investment fund launches to support startups in Ukraine

The investment fund called Angels for Ukraine has been launched aiming to Ukrainian startups in the early stages of their development: pre-seed and seed. This was announced to AIN.UA by the co-founder of the initiative Olena Kleiner. The fund is

Latvian startup RivalSense raises funding to advance its AI-driven competitor insights tool

The Riga-based AI startup RivalSense has announced to AIN’s team its new angel round led by Change Ventures. Fiedler Capital and local business angels are also participating. RivalSense will use the investment to nail scalable user acquisition and introduce additional

Estonia’s software development company Helmes acquires Trinidad Wiseman

The Tallinn-based software development company Helmes has signed an agreement to acquire 75% shares in Trinidad Wiseman. The transaction will strengthen companies in international markets and expand their services. TWN will continue to operate under its own name with existing

Latvian fleet management provider Mapon buys Trackon, its competitor in Lithuania

Mapon, a Latvia-based fleet management solution provider, has announced AIN about the acquisition of 100% shares of Trackon Fleet Management, a fleet management company in Lithuania. The deal value was not disclosed. About Mapon Acquisiton details We have known Trackon

Ukraine’s IT Services Export Declines 3% in April 2024

The volume of export of IT services from Ukraine for April 2024 fell by 3% and amounted to $545 million, according to the report of the National Bank of Ukraine. The main partner countries of Ukraine remain being the USA,

Ukrainian Venture Capital Association launches $300M Fund of Funds

The Ukrainian Venture Capital Association is launching the Ukrainian Fund of Funds (FoF) aiming become the first institutional anchor investor to provide 30%+ of Limited partners commitments. The initial size of the fund is $300 million, according to Tech.eu. Among

Startup of the Day: SP Tech Solutions, a Polish rail transport company

Founded in 2019 by Michal Pawlowski and Piotr Sikorski, SP Tech Solutions delivers a full range of services to rail transport firms. Its comprehensive IT system for railway transportation businesses enhances operational efficiency and execution for railway sector by optimizing

Tera Ventures leads a €620k investment in CARÁ Health

Estonian health and wellness tech startup CARÁ Health has closed €620,000 in funding. The round was led by Tera Ventures, with participation from Startup Istanbul founder Burak Büyükdemir via StartupIst Ventures. Tera Ventures told AIN the details of the deal.