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Polish e-commerce company Selsey gets €7M from Wirtualna Polska

One of the biggest e-commerce stores, Selsey and a Polish tech holding company Wirtualna Polska have announced the acquisition of 44.5% of store’s shares. The transaction amount is almost €7 million (33 million PLN), MamStartup reports. Founded in 2013, Selsey is

Flo liquidates its business in Belarus. It is valued at $800M

The company behind the app for women’s health Flo liquidates its Belarusian legal entity. This decision was made at the end of September, although there were rumors about it as early as the spring of 2022, dev.by reports. Details At

Active in the Market for 17 Years: The P2H Founders Discuss the War, “Out-of-the-Box” Solutions, and Collaboration With a Client from the Middle East 

P2H, an American IT company with Ukrainian roots, started as a design-to-HTML conversion service. These days, it assists, among other things, in digitizing public services in Saudi Arabia. This year the company turned 17 and has accomplished quite a lot

Czech healthtech Upheal raises $1.05M in a pre-seed round

The Prague-based healthtech startup Upheal has raised $1.05 million in a pre-seed round to develop the platform for mental health professionals. The round was led by KAYA VC. Founded in 2021 by Juraj Chrappa and Martin Horvath, Upheal is an

Top 6 most active Romanian VC funds in H1 2022

AIN.Capital has created a ranking of the most active Romanian VC funds in H1 2022. The ranking includes 6 local backers that together made 24 investments during January 2022-June 2022. Early Game Ventures, Gapminder VC, and ROCA X topped the list by

Polish edtech EduCat secures a pre-seed round from AIP Seed

The Warsaw-based educational platform EduCat has secured an undisclosed pre-seed funding round from Polish AIP Seed. The fund will help with the startup’s further development and finding co-investors for the round, MamStartup reports. Founded in 2020 by Marek Hołówko and

Polish fund OTB Ventures leads SettleMint’s €16M funding round

The Warsaw-based VC fund OTB Ventures has backed SettleMint, a Belgian blockchain application development platform. Together with a British fund Molten Ventures, OTB invested €16 million, MamStartup reports. Established in 2017 by Adam Niewinski, Gregory Jankilevitsch, and Marcin Hejka, OTB Ventures is

Romanian deeptech startup Amsimcel receives €4.8M

The Suceava-based deeptech startup Amsimcel has received €4.8 million in blended financing through the European Innovation Council Accelerator. The money will be used for the company’s developing and market expansion. Launched in 2017 by Catalin Tugui, Gabriel Donici, and Emanuel

Estonian healthcare startup Salu raises €350k in a pre-seed round

The Tallinn-based digital healthcare startup Salu has raised €350,000 in a pre-seed round for the product development and global expansion. The investment was led by Krokodilli Kapital, the company informed AIN.Capital. Founded in 2022 by Andreas Kotsjuba, Salu develops a

Tallinn-based cleantech Gridio gets €1M for its smart energy app

The Tallinn-based cleantech startup Gridio has got €1 million for its smart energy app development. Nordic Link Capital, The Sharing Group, and Estonian Specialist VC funds are among the investors, EU-Startups reports. Founded in 2018 by Konrad Hanschmidt and Sandor