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Ukraine’s Angel One Fund invests $200k each in startups Rozmova and GO TO-U

The Ukrainian Catholic University is one of the most progressive universities when it comes to training tech professionals, and now it is taking steps to enter the IT ecosystem as a player. In May 2023, UCU was ranked first in

Slovak gaming tech SuperScale secures $5.4M in a Series A round 

Bratislava-based SuperScale, the revenue growth engine for the game industry, has secured $5.4 million in a Series A round. The investment was led by Venture to Future Fund with Across Private Investments and Zero One Hundred participating.  “In 2023, it’s

Innova Capital acquires Romanian-Belgian EMI Group

Polish private equity firm Innova Capital has acquired a majority stake in EMI Group. The deal will support the company’s further international expansion. “EMI has developed a successful integration model, allowing small service companies to retain their identity and autonomy

Czech Tensor Ventures leads a €4.3M round for German Quantagonia

Frankfurt-based quantum computer software developer Quantagonia has announced the raising of €4.3 million in a seed round. The investment was led by Tensor Ventures and will be used for further product development and expansion sales efforts. “In Germany, the transfer

Despite sanctions, the components made by Intel, AMD, Samsung, and others were founded in Russian weapons in Ukraine

Companies should be very interested in avoiding having their products identified in Russian weaponry found on the battlefield or being used for attacks on Ukrainian civilian.

Ukraine’s Ministry of Defense launches Accelerator of Innovative Development. Its coordinator is Loboyko, mentioned in Tim Draper’s book

On June 9, the Ministry of Defense of Ukraine announced the creation of another military accelerator. It is called the Accelerator of Innovative Development. It shall be a “permanent advisory body designed to organize and implement projects in the field of scientific

Romanian-founded Dexory, a provider of inventory management platform, secures $19M

London-based Dexory, a company that serves warehouses with inventory management data, has secured $19 million in a Series A round of funding led by Atomico. As part of this investment, Atomico Partner Ben Blume will join Dexory’s board of directors.

10 new VC funds launched in Central and Eastern Europe in H1 2023 

AIN.Capital created an extended list of new VC funds that were launched in the first half of 2023. It consists of 10 investors that have their headquarters in the CEE and support the founders from the region. Phoenix Fund  Headquarter: Ukraine,

Finnish smart mobility startup Lygg raises €3.6M in a seed round

Vantaa-based startup Lygg that provides a platform for operating a fly-MaaS (Mobility-as-a-Service) business has raised €3.6 million in a seed funding round led by Superhero Capital. The startup plans to use the funds to accelerate growth of its platform.

Czech localization platform Localazy secures €1M at €4.5M valuation

Brno-based startup Localazy has announced fresh €1 million funding from JIC Ventures, Garage Angels, and 12Bullets. Localazy aims to eliminate language barriers for 1 billion people worldwide. “Together with the fantastic team and a network of great people helping us