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Austrian company Storyblok closes $80M Series C to expand its CMS software in the US and Europe

The Linz-based CMS provider Storyblok has closed its $80 million Series C funding round, which was led by Brighton Park Capital. The deal brings the total amount raised by the Austrian company to $138 million. The new funding will further accelerate its growth

Ukraine manufactures almost 100% of drones independently. Private entrepreneurs make the most

Almost 100% of drones are manufactured in Ukraine, most of them being developed by private entrepreneurs. This was said by the Deputy Defense Minister of Ukraine Dmytro Klimenkov in an interview with SMALL TALK. And that’s good, because it’s about

Lithuanian fund Contrarian Ventures co-leads €3.6M round for French Decade Energy

Decade Energy, a French startup providing logistics companies with solutions that enable the electrification of commercial electric vehicle fleets, has raised €3.6 million in a seed funding round. Ananda Impact Ventures and the Lithuanian fund Contrarian Ventures co-led the investment.

Estonia’s software development company Helmes acquires Trinidad Wiseman

The Tallinn-based software development company Helmes has signed an agreement to acquire 75% shares in Trinidad Wiseman. The transaction will strengthen companies in international markets and expand their services. TWN will continue to operate under its own name with existing

Latvian fleet management provider Mapon buys Trackon, its competitor in Lithuania

Mapon, a Latvia-based fleet management solution provider, has announced AIN about the acquisition of 100% shares of Trackon Fleet Management, a fleet management company in Lithuania. The deal value was not disclosed. About Mapon Acquisiton details We have known Trackon

Ukraine’s IT Services Export Declines 3% in April 2024

The volume of export of IT services from Ukraine for April 2024 fell by 3% and amounted to $545 million, according to the report of the National Bank of Ukraine. The main partner countries of Ukraine remain being the USA,

Long-awaited DLC for Elden Ring and Destiny 2: The Final Shape. Nine new games and add-ons coming in June for PC and consoles

This June can please gamers with various requirements and preferences. Undoubtedly, the most desired title of the month will be the first DLC for Elden Ring called Shadow of the Erdtree. Destiny 2 will also get a new large expansion,

Ukrainian Venture Capital Association launches $300M Fund of Funds

The Ukrainian Venture Capital Association is launching the Ukrainian Fund of Funds (FoF) aiming become the first institutional anchor investor to provide 30%+ of Limited partners commitments. The initial size of the fund is $300 million, according to Tech.eu. Among

Startup of the Day: SP Tech Solutions, a Polish rail transport company

Founded in 2019 by Michal Pawlowski and Piotr Sikorski, SP Tech Solutions delivers a full range of services to rail transport firms. Its comprehensive IT system for railway transportation businesses enhances operational efficiency and execution for railway sector by optimizing

Latvian medtech startup Medon secures €320k to expand in India and the UAE

Medon, a Riga-based digital clinic, has secured €320,000 in a pre-seed investment round from several unnamed Latvian entrepreneurs. The fresh capital injection will help the Latvian medtech startup to expand its services into new markets, including India and the UAE.