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Austrian Calm/Storm Ventures joins a $3.1M round for healthtech Little Journey

London-based startup Little Journey, aiming to reduce anxiety for children undergoing healthcare procedures, announced the closure of a $3.1 million round led by Octopus Ventures, alongside with Mercia PLC, Northern Powerhouse, Calm Storm Ventures, and angel investors.

Poland-founded Nutrix completes a new funding round, raising €2.1M raised in total

Nutrix, a healthcare startup with a Polish co-founder, has completed its second round of funding. It has already raised a total of €2.1 million (PLN 10 million). Simpact Ventures, Chile Ventures, and ADD Venture are the main investors, My Company

Bulgaria’s ATM Electronics is acquired for €3.17M by Sweden-based NOTE

Swedish electronic manufacturer NOTE has announced the acquisition of Bulgarian ATM Electronics for a price of €3.17 million (SEK 36 million). As the result of the deal, NOTE gains another electronics assembly plant in Eastern Europe. “NOTE continues to develop

Czech RockawayX participated in a $3.3M round for fintech Helio 

Helio has raised $3.3 million in a seed round co-led by Peak and Lightspeed Faction, included RockawayX, Solana Labs, and a group of angel investors, Bloomberg informs.

Ahrefs released its first printed book on SEO fundamentals, SEO Book for Beginners

Founded by Ukrainian Dmytro Herasymenko, Ahrefs, which is known for producing the SEO toolset and a free digital marketing knowledge base, published its first book, SEO Book for Beginners.

Finnish Butterfly Ventures co-led a $2M Pre-Series A round for Reactional Music

The Stockholm-based Reactional Music has closed a new $2 million funding round led by Amanotes and Butterfly Ventures. The funds will be used to continue its music licensing operations and scaling the team.

How massive layoffs affect CEE big tech and startup ecosystem — overview

Global job cuts continue to reach new heights. The number of tech layoffs in Q1 2023 has already surpassed the whole of 2022, with 165,622 tech specialists fired globally and more than 40,000 in Europe. Due to economic and geopolitical

Lithuanian SME Finance gets €100M credit facility from Fasanara Capital

SME Finance, a fintech reinventing growth financing for small- and medium-sized enterprises, has agreed to a new €100 million credit line from the UK’s Fasanara Capital. The new funds bring the total commitments from Fasanara to €240 million, SME Finance

Estonian Crespect receives over €830k for its cloud-based legal practice management system

The Tallinn-based Crespect, a spin-off from the Baltic law firm Sorainen, which develops an intelligent cloud-based legal practice management system for law firms, has received over €830,000. The funding consists of two parts — a grant of €227,000 from the

Ukrainian Zeely raises $1M for its SMB growth app 

Zeely, a sales-growth mobile app, has raised $1 million in a seed round, TechCrunch informed. The funding was led by Ukrainian VCs Vesna.Capital and Angel One Fund, joined by Belarusian Imaguru Ventures, exciting investor from Ukraine ZAS Ventures, and business