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Lithuanian Perfection42 raises €1.1M in a seed round 

The Vilnius-based Perfection42 that provides an AI-based technology for game developers has raised €1.1 million in a seed round for product development and international expansion. The round was co-led by Open Circle Capital and CoInvest Capital, with participation from Lithuanian

JR Holding ASI invests €285k in Nanovery, a British company

Poland-based stock company JR Holding ASI has invested approximately €285,000 in Nanovery, a British diagnostics technology company. The whole investment round amounts to about €2.1 million, MamStartup reports. “The raised £1.85 million [€2.1 million] will support our efforts to save

Estonian startups Fairmus and Fanvestory announce a merger

Estonian startups Fairmus, a streaming platform, and Fanvestory, a marketplace for song copyrights, have announced a merger aimed at enhancing fan experience in the music industry, ArcticStartup reports. The companies do not disclose further details of the deal.

Romanian medtech Oncochain receives a €195k grant from Innovation Norway

The Timisoara-based startup Oncochain, which develops an oncology data management solution, has received a grant of €195,300. The round was led by the Innovation Norway fund.

Romanian medtech Synaptiq raises €440k investment round 

The Cluj-based medical software company Synaptiq, specialized in optimizing cancer treatment, has raised €440,000 in a new round of investments. Part of this investment, worth €160,000, is open for private investors on the SeedBlink platform. “HealthTech is one of our

Latvian fintech FIS.solutions receives €250k from Expansion Capital

Riga-based fintech company FIS.solutions has received a €250,000 investment From Expansion Capital, a Latvian seed-stage fund. The funding will assist in transitioning to the upgraded loan management system and expanding the team, Labs of Latvia informs. “We see that the

Polish company REAKTO raises €1.1M to protect property using drones

Krakow-based smart security company REAKTO has raised almost €1.1 million (5 million PLN) in a financing round from AMM Global. 24 existing and new private investors also participated in the round, MamStartup reports. “I am very pleased with the addition

Ukrainian Nova Post has already launched 30 post offices in Poland

On the beginning of April, 30 Nova Post offices have already been operating in 18 Polish cities, as the company informed AIN.Capital. 10 of them were opened in March. By the end of June, Nova Post plans to open 50

Ukrainian develops city-building strategy game Ostriv by himself. What it’s about

Ostriv is a city-building strategy game that puts you in a role of a governor of an 18th-century Ukrainian town to challenge your creative skills and management abilities (the recent update Alpha 5 added rowhouses). The Ostriv game has been developed since 2014.

Ukrainian startups received over $6B in revenue in 2022 — Google

In 2022, despite the war, Ukrainian startups received over $6 billion in revenue — this is $542 million more than in 2021. Moreover, since 2020, their value has tripled. The data were published by Google as part of the Google