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Finnish Maki.vc participates in a €3.3M round for KYC software startup Strise

The Helsinki-based seed-stage VC firm Maki.vc participated in a €3.3M round for Norwegian software startup Strise. The round was led by Curiosity, new investors Sondo Capital and Likeminded also joined.

Lithuanian tech company Litilit receives €3.5M from Taiwan’s fund

Vilnius-based tech company Litilit received an investment of €3.5 million from Taiwan. The funding becomes the first made by Taiwan’s $200 million Central and Eastern Europe Investment fund — its launch was announced in January 2022. Two more investments in

Startup of the Day: Latvian 3D simulation software company CENOS 

Founded in 2017 by three Latvian PhDs in physics and mathematics Mihais Scepanskis, Raimonds Vilums, and Vadims Geza, CENOS develops 3D simulation and modeling platform for engineers. The startup’s solution is aimed to democratize simulation processes by ensuring easy, affordable, and secure access to

Finnish baby tech Nucu secures €950k from Voima Ventures

Oulu-based baby tech startup Nucu has secured €950,000 in a seed round of funding. The deep tech venture capital fund Voima Ventures led the round. The startup combines knowledge, biosignals, and portability into a new category of baby tech products

Polish biotech Intelliseq raises €1.6M to develop DNA analysis technology

The Krakow-based biotech company Intelliseq has raised €1.6 million (PLN 7.5 million) aimed at further development of DNA analysis technology. The YouNick Mint fund led the round together with private investors related to the medical industry, My Company Polska reports.

Bulgarian Invenio Partners launches a new €55M regional private equity fund

The Sofia-based equity investment firm Empower Capital expands its business model, rebrands to Invenio Partners, and announces the launching of a new €55M regional private equity fund Invenio Partners Fund II to invest in SMEs in Bulgaria, Romania, and Serbia,

Bulgarian-founded deeptech startup LatticeFlow raises $12M in a Series A round

Deeptech startup LatticeFlow has raised a $12 million Series A to expand the team and product portfolio. The round was co-led by Atlantic Bridge, OpenOcean, and existing investors btov Partners, and Global Founders Capital, TechCrunch informs. “If you only look

Ukrainian-Polish startup Homsters is bought by Ringier AG, a Swiss company

The Swiss media group Ringier AG has acquired Homsters, a startup founded by Ukrainian and Polish entrepreneurs. The company informs about this in the official announcement. About the deal About the startup

Romanian crypto startup ZoidPay receives $75M from GEM Digital Limited

The Bucharest-based crypto liquidity startup ZoidPay has received $75 million to build the next generation of financial service. The investment was led by GEM Digital Limited.  “By the end of the first quarter of 2023, we aim to become the

Lithuanian fintech Deepfin raises €685k in a pre-seed funding

Vilnius-based fintech startup Deepfin has raised €685,000 in a pre-seed round of funding led by Superhero Capital, joined by Iron Wolf Capital. The startup develops simplified finance and tax management solutions for freelancers, ArcticStartup reports. “Our clients are typically a