Main - page 137

Five things startups should know about VC market in 2023

The year 2023 has brought with it a wild ride for startups. The economy is in a tailspin, the inflation rates are the highest since the 1980s, the exit environment is the worst in 10 years. And if that weren’t enough,

What is wrong with Patreon and why Ukrainians urge canceling it

Patreon, the American crowdfunding service for creators, fell into disgrace on the Ukrainian internet. Although the platform verbally supports Ukraine, it actually blocks the accounts of Ukrainian activists and foundations. At the same time, Patreon does not create any obstacles

Startup of the Day: Lithuanian automated retail store Pixevia

The Vilnius-based Pixevia provides an AI platform for retail, which eliminates tills, provides easier customer experience, and optimizes operations for store managers. All is done by combining information from different security cameras. Its computer vision technology brings the physical retail spaces

Finns develop a game about Ukrainian drone operator fighting against Russian invaders

The Finnish game studio Rockodile Games, supported by the German publisher Lesser Evil, is developing Death from Above, a game about a Ukrainian drone operator fighting against Russian invaders. To scale the project, the developers launched a campaign on Kickstarter and

Poland’s Scanderia Venture fund invests €25M in the GraftFlow research

Polish VC firm Scanderia Venture has made an investment of over €25 million (117 million PLN) to support the GraftFlow research and development project. The technology can help save lives in case of vessel ruptures. The majority of the funds came from BRIdge Alfa

Bulgarian launchlabs Sofia launches foodtech accelerator. Startups can get up to €200k

launchlabs Sofia, an international business redesign studio, has launched a food technology innovation accelerator, Future Verticals. The program will be financed by Bulgarian venture capital fund Vitosha Venture Partners and other program’s mentors. Startups can receive funding between €20,000 and

Hungary refuses to join EU Startup Nations Alliance as gender diversity is among its values

Hungarian government refused to become a member of the European Startup Nations Alliance (ESNA) aimed at supporting startups in the EU. The reason is that the declaration needed to be signed to join it contains a clause mentioning gender diversity, Sifted reports.

Estonian-founded fintech Change secures €2M in a funding

The Amsterdam-based Change, crypto investment company, has secured €2 million of investment from Andromeda Capital Partners Suisse AG. The investment will be spent for the further development and expansion, Tech.eu reports. “Change is a rapidly growing fintech, providing everyone in

33 years old Oxford University graduate from the UK — portrait of European unicorn founder

Davide Sangiovanni, Founder and General Partner at Graffiti Ventures, analyzed the background of 100 European unicorn founders and shared the results on his LinkedIn page. His research is focused on education, business experience, nationality, gender, and age of the founders.

The UK-Slovak Sensible Biotechnologies gets $4.2M to develop mRNA therapeutics and vaccines

Sensible Biotechnologies, a mRNA platform company, has received a $4.2 million pre-seed round to accelerate the development of its cell-based platform. The round was led by BlueYard Capital. “This funding will enable us to advance the development of our cell-based