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SpeedUp participates in a €10.3M Series A round for German CYCLE

CYCLE plans to use the investment for European expansion, including the UK, to attract new customers from sectors such as mail and parcel logistics.

Czech localization startup Phrase secures €12M in venture debt

Prague-based cloud-based localization software provider Phrase has secured €12 million in venture debt financing from CIBC Innovation Banking. The funds will allow the company to further develop the next generation of AI-driven language technology, EU-Startups reports. “We are delighted to

Romanian Seedblink joins seed round for SaaS startup Authic Labs

Amsterdam-based Authic Labs, a company that offers marketplace solutions powered by Web3 technology, has raised an undisclosed amount in a seed round. The investment was co-led by Angelwise, Rockstart, Graduate Entrepreneur Fund, and SeedBlink. “We were enthusiastic to assist Authic

LIAA to provide €73M for Latvian SMEs in a new support program

The Latvian Investment and Development Agency (LIAA) will provide €73 million in support funding for Latvian SMEs (small and medium-sized enterprises). This is part of a new EU Structural Fund-backed support program.

Speedinvest joins $57M Series B round for the UK’s climate fintech Sylvera

Sylvera, a company that develops machine learning-based tools to track the performance of carbon offsets, has announced a new $57 in a Series B round of funding. The round was co-led by Balderton Capital with participation from existing investors Index

Austrian drone startup subdron raises €1.3M in a pre-seed round

Lauterach-based innovative startup subdron has raised €1.3 million in a pre-seed round to advance the underwater structures inspection with autonomous drones. The investment round was co-led by xista science ventures and Faber, with participation from Saber, EU-Startups informs.

Startup of the Day: Czech localization platform Localazy 

Founded by Vacláv Hodek in 2020, Localazy provides a continuous translation management platform that strives to make the localization and translation process efficient and easiest. It supports a wide variety of third-party integrations, frameworks, and a comprehensive range of formats

Finnish consoles developer Loupedeck is acquired by Logitech

Logitech International, a global hardware and software provider, has acquired Loupedeck, a Helsinki-based developer of custom editing consoles for creative and livestreaming verticals. The acquisition was made for an undisclosed, non-material amount, Silicon Canals reports. “Loupedeck and Logitech share a

Lithuanian solar tech startup PVcase raises $100M in a Series B

Vilnius- and Kaunas-based solar project design software provider, PVcase has announced the investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe, Energize and existing investor Elephant co-led the round.  “Data risk is a technical

Polish startup Codejet raises €250k and gains 1,8k users in a month

Poland-based web design platform Codejet has raised about €250,000 (PLN 1.1 million) in a funding round led by the Terra Seed fund. With the funds, the company focused on developing and testing its tools, primarily for international users, AIN.Capital learned