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Ingenico acquires Phos, Bulgarian developer of software-only POS solutions

French Ingenico, the global leader in payments acceptance solutions, has announced its acquisition of 100% of Phos, the Sofia-based provider of software-only Point of Sale solutions (SoftPoS). The amount of the deal is not disclosed. “We see strong customer demand

Lithuanian edtech Teachers Lead Tech raises €150k from local investors

Vilnius-based educational technology startup Teachers Lead Tech has raised €150,000 from several Lithuanian investors. The startup offers an empowering educational system to teach creative computer science to children, Baltic VC informs.

Finnish company Norsepower secures €28M in Series C round

Norsepower, a Helsinki-based global provider of mechanical sails for large ships, has secured €28 million in its Series C investment round. France-based Mirova led the round, while The Finnish Climate Fund, OGCI Climate Investments, The Nordic Green Bank, Tesi, and

Startup of the Day: Finnish forestry platform CollectiveCrunch

Founded in 2016 by Christof Danzl, Jarkko Lipponen, and Rolf Schmitz, CollectiveCrunch develops an AI-powered platform that enables sustainable forestry by utilizing datasets on climate, geo, and customer process and providing up-to-date data on forests and carbon stocks. CollectiveCrunch has

Market One Capital joins a €5.1M round for British Connect Earth

Warsaw-based VC fund Market One Capital has participated in a €5.1 million investment round for Connect Earth, an environmental data company. The round was led by Gresham House Ventures, with the Polish fund joining as the existing investor, EU-Startups reports.

Finnish company Carbonaide raises €1.8M to utilize residual CO2 into concrete

Finland-based company Carbonaide has raised €1.8 million in seed funding led by Lakan Betoni and Vantaa Energy. The company enables the manufacturing of carbon-negative concrete. “Our goal at Carbonaide is to create a more sustainable future with cutting-edge tech that

“Risk factor”: American Takeoff Technologies fires its entire Ukrainian office in one day

Recently, Ukrainian websites stated that the American company Takeoff Technologies fired all its staff in the Kyiv development office within a day. It means over 80 Ukrainians and people from abroad lost their jobs. An AIN.Capital’s source has confirmed this information. All these specialists

Romanian-founded Videowise raises ＄3M in a round led by Slack Fund

Videowise, a video marketing platform, has raised $3 million in an investment round led by Slack Fund. Romanian VC fund Underline Ventures participated in the funding, along with FounderCollective, MuVentures, Ratio Ventures, and others. “Videowise is changing how consumers make

Ukrainian and American engineers develop RG-7 anti-drone rifle costing $12,000

The founder of DroneUA, Valeriy Iakovenko, wrote about the new anti-drone rifle called RG-7. The editor of AIN.Capital talked with Iakovenko about the details of the weapon’s development. The RG-7 is the result of the development of a group of Ukrainian and American engineers.

Georgian-founded fintech Raisin secures €60M in new investment

Raisin, a German-based fintech company, has secured €60 million in funding from major investors Goldman Sachs and M&G Investments. The company was co-founded by a Georgian entrepreneur Tamaz Giorgadze, CBW reports.