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Finnish startup Safegrid raises €5.7M for its Smart Grid monitoring solutions

Helsinki-based startup Safegrid has raised €5.7 million in a growth round of funding. Ajanta Innovations led the round, which also saw participation from Tesi, Grid.VC, and several angel investors, to accelerate Safegrid’s international expansion. “This urgent investment drive and subsequent need

Polish studio Black Rose Projects receives €750k in funding

Poland-based studio Black Rose Projects has received €750,000 (PLN 3.6 million) in funding from the National Center for Research and Development. It will develop a tool for processing game assets faster, MamStartup informs. “As a rule, development studios purchase ready-made

Bulgarian fintech TouchMenu secures €370K to digitize the HoReCa industry

The Sofia-based startup TouchMenu which develops interactive digital platforms for hotels, restaurants, and cafes has secured €370,000 to expand its services on a regional level and conquer new markets. The fresh round was led by New Vision 3.  “TouchMenu offers

The UK-Bulgarian Dronamics, cargo drone airline, receives €37.6M in a pre-Series A round

Bulgarian-founded developer and operator of large, long-range drones Dronamics has received €37.6 million in pre-Series A funding co-led by Founders Factory, Speedinvest, Eleven Capital, the Strategic Development Fund, and others. The funds will support the expansion Dronamics capacity and the

Speedinvest starts €3M fund of funds to back emerging VCs

Austrian firm Speedinvest has announced the launch of a €3 million fund of funds to back emerging pre-seed and micro venture capitals. The fund plans to invest the funds across 10-12 early-stage managers based around the world, Sifted writes. “It’s

Finnish Sisu Game Ventures сo-leads €4.7M round for Unagi, French Web3 games developer 

The Paris-based blockchain gaming studio Unagi has received €4.7 from early-stage VC Sisu Game Ventures with participation from other investors. This is Unagi’s fourth round of funding, and it will spend for further development and staff expansion, Tech.eu reports.

Polish startup Sandis receives over €145k to enter new markets

Warsaw-based insurtech startup Sandis has received over €145,000 (PLN 712,000) in a fresh round of funding to enter the Asian and South American markets. Its sale insurance support tool was backed by the Polish Agency for Enterprise Development, MamStartup reports.

Ukraine’s Flyer One Ventures 2022 report: $10M invested, 14 startups added to portfolio

Flyer One Ventures, an international VC firm launched its third fund and invested around $10 million in 14 new companies and in existing portfolio startups in 2022. The total valuation of only Ukraine-founded startups in its portfolio reached $400 million. 

Polish startup Strada CRM receives €210k from Invento VC

Polish startup Strada CRM has received €210,000 (PLN 1 million) in fresh funding from Invento VC, a leading venture capital fund. The company develops a solution for remote management of graphic and video content production.

Startup Wise Guys raises €25M to invest in diversified funds

Tallinn-based accelerator Startup Wise Guys has raised €25 million as partial closing for a €45 million target fund to support B2B SaaS startups from regions such as CEE, Italy, Spain, and Africa. The firm plans to support a total of