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Indonesian fintech Finfra raises $1M. Lithuanian FIRSTPICK and Latvian BADideas.fund are among the investors

Finfra, the one-stop shop for companies, has announced the raising of $1 million in funding from DS/X Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FIRSTPICK, and BADideas Fund. The funding will accelerate product development and plans to grow its

Startup of the Day: Spacedrip, Estonian inventor of wastewater treatment robots

Founded in 2019 by Joonatan Oras, Rainer Nõlvak, and Hannes Tamjärv, Spacedrip develops water reuse robots that enable tackling water scarcity by reusing wastewater locally. The company claims that its systems enable reusing up to 95% of wastewater with 50%

Nasdaq acquires Adenza for $10.5B. The company has 200 employees in Ukraine

Nasdaq has announced the purchase of Adenza, a developer of software for banks and brokerage offices. According to The Wall Street Journal, the deal will be the largest acquisition in the history of Nasdaq. As AIN.Capital learned, Adenza has 200

Speedinvest joins $31M round for FERNRIDE, electric trucking company 

The Munich-based autonomous, electric trucking company, FERNRIDE has raised $31 million in Series A funding to accelerate the transition towards automated and sustainable logistics. The investment was received by 10x Founders, Promus Ventures, Fly Ventures, Speedinvest, and others. “Our current

Voima Ventures raises €90M for Fund III aimed at Nordic and Baltic startups

Helsinki-based VC firm Voima Ventures has announced the first closing of €90 million for the Fund III to back Nordic and Baltic science-based startups from labs to global markets. The firm plans to complete the fund at the point of

Lithuanian solar project design software developer PVcase acquires Anderson Optimization 

PVcase, Vilnius- and Kaunas-based solar project design software provider, has acquired the US Anderson Optimization, a developer of power system modeling and optimization software, for an undisclosed amount. The deal will enable PVcase to support Anderson Optimization’s expansion in Europe.

Polish-founded blockchain startup RedStone secures $350k from business angels

Blockchain startup RedStone has secured $350,000 of financing aimed at further product improvements from multiple business angels. “In the coming months, we will focus on the continuation and intensification of foreign expansion, acquisition of new customers, as well as product

Cyberpunk 2077 will finally get Ukrainian localization

The developer of Cyberpunk 2077, the Polish studio CD Projekt RED, has announced that the game and its new DLC, Phantom Liberty, will receive Ukrainian localization. Ukrainian gamers have been asking the studio for this for a long time, and

RoyaltyRange raises over €4M in a joint investment led by Presto Ventures

London-based RoyaltyRange, a business information provider, has raised more than €4 million in joint investment from Prague-based VC fund Presto Ventures, Estonian Trind Ventres, Latvian ZGI Capital, and angel investors. The funding will be used to further grow and deepen

20% of Ukraine’s IT exports are provided by 5 companies. Who else is in the top 30 by net income

In March 2023, the State Statistics Service of Ukraine published the information submitted by companies for 2022. Using this data, the Better Regulation Delivery Office (BRDO) IT&Telecom sector team prepared an overview of the situation in the Ukrainian IT market.