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Ukrainian startup Effy was selected as the “Product of the day” on Product Hunt

Effy is a 360 assessment and performance review tool from Ukraine, has been featured as one of the top projects on Product Hunt. At present, there is a contest for the  monthly championship, giving users the opportunity to show their

European VC deal value falls 32.1% to €11.8M in Q1 2023 — Pitchbook report

In Q1 2023, European VC deal value and count fell to €11.8 billion (>32.1%) over 2,758 deals (>19.2%) amid a challenging deal making environment. European VC exit activity also deteriorated for 69.6%, as unfavourable macroeconomic conditions and weaker valuations dampened

Lithuanian paper bag manufacturer Bagfactory raises funds from Livonia Partners

Pan-Baltic private equity fund Livonia Partners has invested in Lithuanian eco-friendly machine made reusable and paper bag producer Bagfactory. The transaction is anticipated to conclude by the beginning of this summer. “In 2022, with scientists from Kaunas University of Technology,

Finnish biotech eniferBio raises €11M in Series A funding

Espoo-based biotech startup eniferBio has raised €11 million in Series A round of funding led by Aqua-Spark to produce eco-friendly fungal protein. Tesi, Valio, Voima Ventures, and Nordic Foodtech VC have also joined the round, ArcticStartup reports. “We are extremely excited to have our

Visa announces open-calls for a global innovation competition for fintech startups

Applications are now open for the 2023 edition of the Visa Everywhere Initiative 2023 (VEI), a global open innovation competition that sees startups pitch their solutions to solve payment and commerce challenges. VEI winners will get monetary prizes, as well as

Finnish Giosg acquires Whisbi, Spanish live shopping supplier Whisbi

The Helsinki-based Giosg, a live commerce platform for marketing, sales, and customer engagement has acquired Whisbi that provides a conversational platform for B2C enterprises. The amount of the acquisition was not disclosed. “The future together is looking bright. We find

Startup of the Day: Trusted Twin, Poland’s developer of data collaboration platform

Trusted Twin was launched in 2021 by Krzysztof Malicki, Michał Szymański, Marcin Kowalski, and Jan Wyrwiński. Its platform for secure operational data sharing enables companies to build new digital products through real-time, cross-company data collaboration with data ownership and data

bValue leads €1M seed round for Innential, a German edutech

Innential, a SaaS tool that simplifies talent analysis and growth, has raised €1 million in a seed funding round. The round was led by bValue, alongside Tar Heel Capital, Campus Founders, and an international group of business angels.

Сzech supply chain management facilitator Supply.Do secures €400k from Nation1

Zlin-based Supply.Do, the provider of all-in-one supply chain solutions, has secured €400,000 in a round closed by Czech VC fund Nation 1. The new investment will be used for scaling the product. “After several months of discussions with investors, I

Carlson ASI EVIG Alfa invests €215k in Task4EA

Task4EA, a platform for people on the autism spectrum, has received €215,000 (PLN 1 million) from Polish venture capital fund Carlson ASI EVIG Alfa, which just completed the stage of building its investment portfolio. The fund became a shareholder in