Main - page 105

“We are overstaffed.“ Polish CD Projekt to lay off about 9% of its studio

CD Projekt, Polish producer of video games, such as of Cyberpunk 2077 and The Witcher saga, plans to lay off about 9% of its CD Projekt RED studio personnel. The reduction process is planned in the first quarter of next

Austrian edtech Ada Growth secures funding from Calm/Storm and Fund F

Vienna-based microlearning app developer Ada Growth has secured an investment round from Austrian funds Calm/Storm Ventures and Fund F. The startup’s goal is to help women with professional growth, as well as help companies attract, retain, and grow female talent. “My

Romanian startup Bunnyshell raises €3.5M in a late seed round, targeting €4M

Bunnyshell, a Romanian enterprise software startup, has announced its latest funding round to secure €4 million in total investment. Co-investors already provided €3.5 million with remaining €300,000 available for private investors through SeedBlink, Start-up.ro reports. “This investment is a significant milestone

Liki24.com launches Nasnaga, a healthcare service startup

Ukrainian medicine delivery service Liki24.com is launching its new project, Nasnaga. The service is available to users from Ukraine, Great Britain, Poland, and other EU countries in Ukrainian and English. AIN.Capital explains the inner workings of the service, which is already available for

Startup of the Day: Ukrainian agritech FarmFleet

FarmFleet was founded by Valerii Iakovenko, Fevzi Ametov, and Vladimir Gaplik in late 2021. The first product was released on the market in August 2022. The startup develops an ERP system for the companies that are using robotics in agriculture.

Lithuanian fintech Spenfi raises €800k in a seed round

Vilnius-based fintech startup Spenfi has raised €800,000 in a seed funding round. Presto Ventures, Lithuanian Business Angels Fund II, and several angel investors participated in the financing.

Tencent to acquire Polish gamedev company Techland. UPD: The deal is estimated at $1.6B

Chinese tech giant Tencent will acquire the majority stake in Wrocław-based independent game developer, maker of the Dying Light series, Techland. The financial details of the deal have not been disclosed, but this transaction will supposedly rank among the top

Bulgarian Yoga Llama raises €1M from the Morningside Hill 

Bulgarian yoga startup Yoga Llama has raised over €1 million from the Morningside Hill venture capital fund. The new investment will be spent for the further development and expanding in the USA and Canada. “Yoga is a way of life

Estonian nanotech UP Catalyst secures €1.5M to address key challenges in carbon manufacturing

Tallinn-based nanotech company UP Catalyst has secured €1.5 million to advance production of carbon materials for batteries. EAS-Enterprise Estonia provided the funding for the 2-year project. “As raw material suppliers, we are responsible together with battery producers to make batteries

BaltCap acquires Xpediator, a freight management company

Private equity fund manager BaltCap, with co-investors, has acquired Xpediator, an international company that provides freight-forwarding, logistics, and transport support solutions. The deal aims to accelerate the development of the company’s offers in CEE and the UK.