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Polish robotics company Kogena secures €902k from JR Holding

Wroclaw-based robotics and automation company Kogena has secured about €902,000 (PLN 4 million) in financing from JR Holding. As the result of the investment deal, JRH will acquire 20% of shares in the company, Strefa Inwestorow informs. “Kogena’s team is

Amazon sells books by war criminal Pavel Gubarev. We asked to remove them

Books by Russian war criminal Pavel Gubarev are sold on Amazon’s main and regional websites. It is about the book «Факел Новороссии» (Torch of New Russia) and its translations into English and German.

Russian hackers attacked foreign embassies in Kyiv, using the ad for Polish diplomat’s BMW sale

Russian hackers attacked the computers of diplomats of foreign Embassies working in Kyiv through the advertisement for a cheap BMW. As reported by Babel with reference to Reuters, at least 22 of approximately 80 foreign representative offices were attacked.

Lithuanian farm of medicinal and edible mushrooms MISHKAY raises an investment from Tesonet

MISHKAY, better known in the Lithuanian markeе as Pjaunu Grybą, has raised an undisclosed amount of investment from business accelerator Tesonet. The company aims to build its laboratory and mushroom cultivation facility in Vilnius. “We have accumulated experience in the

Speedinvest leads $3M seed round for French traveltech startup Fairlyne

Fairlyne, Paris-based resale-as-a-service provider for the travel industry, has announced $3 million in funding led by Austrian Speedinvest. The fresh capital will be used for the expansion and the development. “Fairlyne is revolutionizing the travel industry by delivering an improvement

Estonian Better Medicine receives €2.5M grant from the EIC Accelerator

Tartu-based healthtech startup Better Medicine has received a €2.5 million grant from the European Innovation Council’s Accelerator. The company automates the analysis of cancer CT scans and is co-founded by Estonians and Ukrainians. “It is really hard to overstate the

Ukrainian startup Workee raises $900k at a valuation of $9-$12M

Ukrainian startup Workee that develops an online business management system for freelancers has raised $900,000 in funding. According to Forbes, the investors included international funds and Google’s special fund. Workee’s post-money valuation, according to founder Ihor Bauman, reaches $9-12 million.

Polish company KSM Vision raises €1.9M to improve optical quality control

Warsaw-based hardware company KSM Vision has raised about €1.9 million (PLN 8.5 million) to build an optical system that will automate and improve quality control based on AI. The list of investors includes Aper Ventures, Vigo Ventures, and business angels,

CD Projekt RED now valued at more than Ubisoft

The Polish company CD Projekt RED has overtaken Ubisoft in terms of its market value and has actually become the biggest European publisher. According to Forbes, despite almost 400 games published, Ubisoft’s total value is about $3 billion, while CD

Austrian PIUR IMAGING raises €4.9M for its AI-based 3D tomograph solution

Vienna-based medical device developer PIUR IMAGING has raised €4.9 million to scale its AI-driven tomographic 3D ultrasound solutions to the US. The round was led by Ascend Capital Partners and Aescuvest, who joined the company as a new shareholder, EU-Startups