Countries - page 72

Startup of the Day: Latvian 3D simulation software company CENOS 

Founded in 2017 by three Latvian PhDs in physics and mathematics Mihais Scepanskis, Raimonds Vilums, and Vadims Geza, CENOS develops 3D simulation and modeling platform for engineers. The startup’s solution is aimed to democratize simulation processes by ensuring easy, affordable, and secure access to

Finnish baby tech Nucu secures €950k from Voima Ventures

Oulu-based baby tech startup Nucu has secured €950,000 in a seed round of funding. The deep tech venture capital fund Voima Ventures led the round. The startup combines knowledge, biosignals, and portability into a new category of baby tech products

Ukrainian-Polish startup Homsters is bought by Ringier AG, a Swiss company

The Swiss media group Ringier AG has acquired Homsters, a startup founded by Ukrainian and Polish entrepreneurs. The company informs about this in the official announcement. About the deal About the startup

Startup of the Day: Lithuanian platform that streamlines digital verification processes Ondato

Launched in 2019 by Liudas Kanapienis and Andrej Vistorskij, Lithuanian startup Ondato streamlines KYC, KYB and AML-related processes. It provides solutions for digital identity verification, business customer onboarding, data validation, fraud detection, and more. To date, it has offices in

Inventure Fund IV closes its second round at nearly €150M

Helsinki and Stockholm-based Inventure Fund IV has closed its second round, raising nearly €144 million of a targeted €150 million. The fund will support Nordic and Baltic early-stage startups with a ticket size of up to €5 million, Tech.eu reports.

N1 Fund launches a new investment program for fintech startups together with Ukrainian Startup Fund

A profile fintech investment fund N1 together with Ukrainian Startup Fund are launching a new program. It will focus on fintech startups seeking to raise investments and receive expert support. To join the program, the startups have to meet the

Ukrainian IT industry grows despite the full-scale war — by 13% in nine months

As a result of the nine months of 2022, Ukrainian IT industry showed 13% growth, and the volume market amounted to almost $5.5 billion. The growth occurred despite the full-scale war, which has been running since February. These are the

Estonian startup Yummy raises a total of €3.4M in a pre-seed round

The Talinn-based foodtech startup Yummy has raised a total of €3.4 million in a pre-seed round to accelerate global expansion. The round was closed by Czech fund Depo Ventures, Startup Wise Guys, and some angel investors. Founded in 2020 by

Nation 1 VC launches acceleration program for Czech and Slovak startups

The Prague-based venture capital fund Nation 1 VC has announced the launch of Acceleration Program Batch 2023, a three-month investment program for Czech and Slovak pre-seed stage startups. It comes with a funding ranges from €70,000 to €200,000. 

Finnish game studio Makea Games secures €1.3M from Play Ventures

Tampere-based game studio Makea Games secures €1.3 million in a pre-seed funding round led by Play Ventures. Business Finland and experienced angel investors also participated in the round, ArcticStartup reports.  Founded in February 2022, Makea Games is developing a platform allowing for player