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Bulgarian Eleven Ventures leads a €2.1M round for Greek IoT startup BibeCoffee

The Sofia-based early-stage VC firm Eleven Ventures has led a €2.1 million post-seed round for IoT real-time monitoring startup BibeCoffee that transforms coffee machines into smart connected terminals. Venture Friends, Uni.Fund, and other angel investors also participated.

Russian developers of Atomic Heart collect gamers’ data for the FSB via its website

In the story with the scandalous Russian studio Mundfish, a developer of the Atomic Heart game, some new fascinating details have become known. According to the privacy policy on the company’s store website, Mundfish collects users’ data and may provide

Czech healthtech VOS raises €1.5M in a seed round

Prague-based healthtech startup VOS has raised €1.5 million in a seed round of funding set to revolutionize mental health care. Soulmates Ventures and Purple Ventures are the lead investors, current investors Miton and Reflex Capital also joined the round. “VOS

Slovak Fuergy receives €16M for its smart energy storage systems

The Bratislava-based startup Fuergy which provides solutions for energy optimization has announced the receiving of €16 million of investment from Pro Partners Holding investment group. The proceeds will be spent on new product development and expansion into markets. “The decisive

Startup of the Day: Ukraine’s manufacturer of paper packaging from fallen leaves Releaf Paper

Kyiv-based Releaf Paper develops new generation technology of fallen leaves processing into sustainable paper products without the use of chemicals and reduced CO2 emissions by 78%. The startup started industrial production of packaging in 2021, acquiring such clients as L’oreal,

Finnish startup Woamy raises €1M in a seed round

Espoo-based startup Woamy has raised €1 million in a seed funding round to bring a bio-based foam material to the market. The round was led by CMPC Ventures, Secto Design joined the funding as a follow-up investor. “The market for

Polish payment service F1 Solutions is acquired by Auriga, an Italian company

The Italian supplier of software for banking and payment systems Auriga has acquired a majority stake in F1 Solutions. It is a Warsaw-based company developing similar solutions for Central and Eastern European markets. The companies do not disclose the amount

Remote payroll startup Deel acquires Polish-founded Capbase

Payroll and compliance company Deel has acquired of Polish-founded startup management platform Capbase. The amount of the deal is not disclosed. Deel will leverage Capbase’s expertise to launch a new product. “We believe that Deel is the perfect partner for

Norwegian cooking startup Chew acquires Carrot Kitchen, its Finnish competitor

Norwegian digital cooking course startup Chew has acquired Finnish player Carrot Kitchen. The amount of the deal is not disclosed. As the result, Chew can now consolidate itself in the Nordic market before further expanding, EU-Startups reports. “We see huge interest in

Russian eSports team Virtus.pro stole the victory at the IEM Rio Major

The team Outsiders has won in the CS:GO tournament called IEM Rio Major. As the matter of fact, the team consisted of members of Virtus.pro, a Russian team that did not enter the tournament due to sanctions. After the win,