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Estonian data quality management startup LiTech receives €500k 

The Tallinn-based LiTech that develops a data quality management platform to automate data validation has received €500,000 in a seed round to enter new markets and further develop the product. The round was led by angel investors.  “We are happy

OpenAI, PayPal, and Klarna — list of 20 tech companies co-founded by Poles

Borys Musielak, Founding Partner at SMOK.vc, published a list of top 20 tech companies co-founded by Poles. The collection does not include outsourcing giants. We share the list, providing additional information about global footprint, number of employees, investments raised, and

Polish IT giant Euvic Group acquires Ukrainian company Exoft

The Polish IT consortium Euvic Group has acquired the Lviv-based software provider Exoft. This was reported to AIN.Capital by the co-founder of Mergewave Capital and M&A representative of Euvic in Ukraine, Taras Bachynskyi. The amount of the deal is not

Finnish Vendep Capital invests €2M in Danish PatentRenewal platform

PatentRenewal, the Copenhagen-based provider of automated patent renewal platform, has raised €2 million from Finnish early-stage SaaS Investor Vendep Capital. The company plans to double its company size and to expand the business development. “We are thrilled to invest in

Finnish 3TS Capital Partners co-leads a €14M investment for retail tech SafeSize

Greek startup SafeSize, that offers 3D foot analysis and shoe recommendation solution, has closed a €14 million in a Series B from Phaistos Investment Fund, Convent Capital and 3TS Capital Partners. The funding will come to accelerate the growth of

Slovenian Genialis raises ＄13M to improve diseases treatment with AI and ML

Genialis, a medtech company, has raised $13 million in Series A funding  to transform the way diseases are diagnosed and treatment decisions are made. Taiwania Capital and Debiopharm Innovation Fund co-led the round. “Genialis has an impressively clear vision, compelling

Speedinvest leads €1.75M round for Recyda, German package recycling startup

The Vienna-based VC fund Speedinvest led a €1.75 million round for Recyda, the Freiburg-based recyclability database startup. Recyda will use the fresh investment to further develop its solution for sustainable packaging data management.  “This funding round is a real milestone

Finnish VC OpenOcean joins a €27M Series B round for Hygraph 

German SaaS startup Hygraph has raised over €27 million to power the next generation of content management. The funding round was led by One Peak, with participation from Helsinki-based investor OpenOcean, Berlin-based SquareOne Venture Capital, and other angels. “Hygraph solves

“I get my tactical skills from PUBG,” says a Ukrainian soldier who filmed a viral frontline video

In February 2023, a 21-year-old Ukrainian soldier, Ruslan “Predator” Zubarev, posted a video of a contact fight with Russians, which gained millions of views on social media and got mentioned in the worldwide news. On March 23, 2023, Censor.net published

VC funding in CEE in 2022 increased by €0.5B and exceeded €5.9B — Vestbee’s report

The investment in European-based startups in 2022 exceeded €90 billion, indicating a decline of more than 15% from the previous year, Vestbee’s report states. Meanwhile, the CEE ecosystem demonstrated resilience, surpassing €5.9 billion in deals and with over 1100 financial