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Poland’s Radix Ventures closes €41M fund to support CEE startups

Warsaw-based VC Radix Ventures has announced the first closing of its €41 million fund. The capital came from the European Investment Fund (EIF), PFR Ventures GreenHub, and several tech angels from the CEE region. The details: The fund is supported by the

Czech startup Elin.ai secures €600k for its AI-powered mental health app for Gen Z

Elin.ai, a Czech-based well-being startup developing a mental health app developed in collaboration with the Gen Z community, has secured €600,000 from Presto Ventures, BD Partners, and angel investors. With the fresh investment, Elin.ai plans to fully launch its mobile app

Finnish startup Droppe raises €3.9M in funding to build its supply chain platform

The Helsinki-based startup Droppe has raised €3.9 million in funding led by OpenOcean, with participation from Lifeline Ventures and Illusian Family Office. The funding will help Droppe to develop its source-to-order platform. About Droppe Investment details For brands, Droppe offers

NATO selects the first AI, robots, and space tech companies to invest in as part of its €1B fund

The consortium of NATO allies has approved the first group of companies that will receive financing within the framework of the NATO Innovation Fund in the amount of €1 billion euros. The fund is aimed at supporting European technology companies

Czech firm KAYA VC is launching €80M fifth investment fund

The Prague-based venture capital firm KAYA has announced to AIN that it is preparing to launch its fifth private investment fund, which will have €80 million at its disposal and will focus on Czech, Slovak, and Polish early-stage startups. Currently,

Angel One Fund invests in six Ukrainian startups. Average ticket is between $50,000 and $300,000.

Angel One Fund has invested in six Ukrainian defense and dual-use technology startups within six months under syndicated agreements. The average investment ticket ranges between $50,000 and $300,000, as the fund told the editorial office of AIN. He also added

Startup Wise Guys invests up to €100k in 15 startups

The Estonian accelerator Startup Wise Guys has announced its investment of up to €100,000 in 15 SaaS, sustainability, and cybersecurity startups. The program takes place in Bilbao, Spain and lasts three months. Within 6-8 months the startups can also receive follow-up

“At war, you need everything, and even that would not be enough.” Interview with Oleksandr Yabchanka, the commander of the Honor company of the Da Vinci Wolves battalion

About a technological handicap over Russians, the importance of EW/SIGINT at the frontline, and horizontal innovations in the Ukrainian military was the conversation between AIN.Capital and Oleksandr Yabchanka, the Commander of the Honor Company of the volunteer Da Vinci Wolves

Finland’s Wolt launches Wolt Capital, a new financing service for merchants in the Nordics and Poland

The Helsinki-based delivery company Wolt has announced the launch of Wolt Capital, a new service promising an easy access to additional financing for merchants. The service is developed in partnership with the German fintech company finmid, with negotiations having started

Slack warns Russians that their accounts will be suspended

Corporate messenger Slack has started warning users in Russia that their accounts will be suspended in 30 days-time. This is reported by the Russian mass media, in particular The Insider, with reference to the Slack newsletter, which Russian users began