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Romanian speech recognition startup Vatis Tech raises €650k

The Bucharest-based high-accuracy and scalable speech recognition API for European languages Vatis Tech have raised €650,000. The new round was led by Early Game Venture, Sparking Capital, and Malin Stefanescu, other angel investors also participated. 

Polish startup Cryptiony raises €500k in a pre-seed round

Łódź-based crypto tax startup Cryptiony has raised €500,000 in a pre-seed funding round to expand its platform to the UK. The round was led by ff Venture Capital, Pointer.Capital, and an angel investor Marcin Wenus participated. “The number of global

Finnish startup AutoVex is acquired by Schibsted

Helsinki-based car auction platform AutoVex is acquired by Schibsted, a Norway-based multimedia group. The platform helps consumers sell their cars for the best price. The amount of the deal is not disclosed, but the Norwegian company now owns 79% of the

Readmio raises €1M. It develops an app with fairy tales for children

The Prague-based startup Readmio which develops an app full of stories and tales for children has raised €1 million for international expansion. The round was led by Zero Gravity Capital, with the participation of DEPO Ventures. 

Typical profile of Czech startup founder according to KAYA VC

Václav Ryšlink, the Analyst at Prague-based venture capital fund KAYA, has provided research on Czech startups to make a portrait of the typical founder. It is based on the data on 211 startups and 362 founders from the Czech Republic

9 third-party tools and extensions built for ChatGPT

OpenAI launched a large language model chatbot ChatGPT in November 2022. It has crossed one million users within a week of its launch and continued to acquire more and more of them. At the same time, the service aroused great interest of

Polish startup Navimed secures €235k from Scanderia Venture

Lublin-based startup Navimed has secured €235,000 in funding from the Polish Scanderia Venture Fund project. The startup develops a micro-location system that uses artificial intelligence methods to become a kind of GPS inside medical buildings.

H-1B visa holders are in limbo due to tech layoffs in the US

More than 144,000 people in the tech industry have lost their jobs this year, according to Layoffs.fyi, a site that’s been keeping tabs. November has been the most brutal month — with more than 200 companies laying off more than 51,000 people. As

Startup of the Day: Lithuanian fintech SME Finance

Established in 2016, SME Finance is building an AI-driven financial technology platform which takes quick lending decisions that allow to bring the best financing solutions for small and medium enterprises in the Baltics and larger EU region. The startup has

Finnish search engine Klu raises pre-seed funding from Antler

Helsinki-based startup Klu has raised pre-seed investment from global investor Antler, Arctic Startup reports. The amount of the deal is undisclosed. “Our journey started when my friend and cofounder Wildan struggled a lot with finding his files and other important notes. He tried