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Ukraine gets a new sport tech fund — Ruta.vc

The first Ukrainian fund Ruta.vc, which will invest in the sport tech sector, was launched in Ukraine. The fund will focus on software and hardware projects at the pre-seed and seed stages. The future check amounts are yet undisclosed, InVenture

Catalyst Romania exits SmartBill with sale to Visma

The Bucharest-based Catalyst Romania Fund I has sold its remaining shares in SmartBill, a Romanian provider of cloud-based invoicing, inventory, and accounting services, to the Norwegian Group Visma. The deal amount was undisclosed. About Smartbill The deal details The journey of growth

Romanian startup FintechOS raises $60M in a Series B+ round

The Romanian low-code platform FintechOS has raised a $60 million Series B+ investment round led by BlackRock, Cipio Partners, and Molten Ventures. The startup plans to use the funding to scale up internationally, TechCrunch informs. About FintechOS FintechOS we work

Round2 Capital leads €37M Series B round for Zen Educate

Zen Educate, a UK-based online edtech marketplace that matches schools with staff, has closed a €37 million Series B round. It is led by the Austrian VC firm Round2 Capital, with support from the existing investors Adjuvo, Brighteye Ventures, FJ

Bulgarian Bianor Holding acquires 100% shares in Digital Lights and 51% in Prime Holding

The Bulgarian public company Bianor Holding has announced to AIN its agreement to acquire 100% shares in Digital Lights and 51% in Prime Holding, with an option to acquire the remaining 49% later down the line. About Bianor Holding and

AMLYZE and Aura Cloud partner to boost financial crime prevention

Lithuanian regtech startup AMLYZE has initiated a strategic partnership with Aura Cloud, a Swedish-based AI digital banking platform. This collaboration aims to increase the effectiveness and efficiency of the fight against financial crime through advanced technology solutions. AMLYZE informed AIN

Estonian startup Esgrid secures €500k in a pre-seed funding

Esgrid, a Tallinn-based startup that provides value chain sustainability management solutions, has secured €500,000 in funding. Lemonade Stand, EstBAN, Startup Wise Guys, and Little Green Fund are among the investors, as Tech.eu reports. We are probably one of the first who are

The first 14 startups to receive up to €10,000 in Seeds of Bravery grants

Seeds of Bravery, the Ukrainian project focused on supporting startups from Ukraine, named the first 14 grant recipients of the Innovative Services Support Program. They will receive grants of up to €10,000 each to support business plans and strategies. Here’s

Czech Product Fruits closes €1.47M round for digital adoption platform

Product Fruits, a Prague-based provider of an AI-driven digital adoption platform, has announced to AIN the closure of its second €1.47 million round, after its fourfold year-over-year growth and market prominence. Reflex Capital led this round. About Product Fruits Product

Claimlane secures €1.8M in seed funding from Finland’s Vendep Capital

The Espoo-based VC firm Vendep Capital has led a €1.8 million seed round for Claimlane, a Copenhagen-based startup specializing in returns and claims management for brands and retailers. The funding aims to support Claimlane’s expansion in both the UK and