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Austrian Speedinvest led €4M seed round for French HRtech startup Simbel

The Paris-based provider of a SaaS enabled marketplace for learning and development Simbel has received a €4 million seed investment. It was co-led by Speedinvest and Brighteye.  “HR teams are supposed to inspire teams, create learning rituals, organize internal and

Lithuanian Laba7 raises €640k for suspension workshop tools development

The Vilnius-based suspension workshop equipment developer Laba7 has raised €640,000 in a seed round for further growth and development. The round was led by Lithuanian Business Angel Network LitBAN. The Vilnius-based fund CoInvest Capital also participated.

Bulgaria’s Dronamics receives €2.5M grant for cargo drone fleet development

Bulgarian-founded cargo drone operator Dronamics has received a €2.5 million grant from the European Commission under the European Innovation Council (EIC) Accelerator program. The funds will support the company’s plans to roll out its cargo drone fleet and launch commercial

Polish game studio Rebel Wolves secures an investment from NetEasy Games

Launched in early February, Warsaw-based game development studio Rebel Wolves has secured a strategic investment from one of the world’s leading developers of mobile and PC games NetEase Games. The companies don’t disclose an investment amount. It is known that

Bulgarian fintech startup PlanDelta raises €2.3M in a seed round

The Sofia-based financial planning startup PlanDelta has raised €2.3 million in a seed round to launch of its product in 2023. The round was led by RTP Global, and joined by 17 angel investors, The Recursive reports. “PlanDelta is a

Estonian creator partnerships platform Modash closes $2M round led by Change Ventures

The Tallinn-based influencer marketing software company Modash has raised $2 million in a seed round to accelerate its scaling. The round was led by Change Ventures, joined by Icebreaker.vc, and angel investors.  “Sure, the first goal is to help brands

Romanian legaltech Goodlegal receives €1.2M in a pre-seed round

The Bucharest-based company Goodlegal announced the launch of its legal infrastructure platform and a €1.2 million pre-seed investment. The round was led by Earlybird, joined by Underline Ventures, and Credo Ventures, Tech.eu reports. “Our immediate goal is to be the

Estonian Trind Ventures leads €2M round for Barcelona-based Xceed

The Barcelona-based event management software Xceed has raised €2 million of investment to accelerate expansion across the EU. The round was led by Trind Ventures, joined by Best Nights VC, and Superhero Capital. “This funding round will boost our technological

Polish VC Simpact Ventures launches a €21M Fund II

Polish venture capital firm Simpact Ventures has announced the closing of its second fund, aiming at projects with positive impact. The fund has over €21 million (100 million PLN) under management, dedicated to early-stage startups, mainly from CEE.

European developer NetEnt lays off employees in Ukraine. What is known

The company NetEnt, which develops social casino solution, is laying off people working in Ukraine, as AIN.Capital found out from several sources inside the company. The reason is the war in Ukraine. The editor of AIN.Capital tells what is known about the massive