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Estonian AI startup Klaus raises ＄12M in Series A

The Tallinn-based AI-powered platform Klaus has raised $12 million in Series A round of equity funding led by Acton Capital. The previous investors Icebreaker, Creandum, and Global Founders Capital also participated, the company told AIN.Capital. Founded in 2017 by Kair

Estonian startup KOOS receives ＄4M from Wise co-founders

The Tallinn-based SaaS platform KOOS has received a $4 million seed investment from one of Wise co-founders. The startup enables businesses to grow with their community, Tech Funding News reports. Founded in 2021 by Taavi Kotka, KOOS is a reward

“60 units of Russia’s equipment were detected in the first two days.” How ICEYE satellite helps Ukrainian Army

At the end of August, Serhiy Prytula Charity Foundation informed the AIN.Capital editorial office about the purchase of the ICEYE satellite for Ukrainian Army. More than $16.5 million (600 million hryvnas) were spent on this, which Ukrainians collected as part of the

Romanian fintech ialoc raises €500k for international expansion

The Bucharest-based online platform for booking and digital payments in HoReCa industry ialoc has raised €500,000 in a seed funding to expand internationally. The round was led by MaxyGo Invest Holding, Business Review reports.  Founded in 2017 by Cosmin Magureanu,

Polish AI startup Surveily raises €1M to improve industrial safety

The Wroclaw-based AI startup Surveily has raised €1 million to improve industrial surveillance. Kogito Ventures, Satus Starter, Black Pearls VC, and some business angels participated in the seed round, MamStartup reports. Founded in 2019 by Wojciech Tubek and Wojtek Turowicz,

Austrian healthtech startup XUND raises €6M in a seed round

The Vienna-based healthtech startup XUND has raised €6 million in a seed funding to expand to new European and US markets. The round was co-led by MMC Ventures and MassMutual Ventures, Tech.eu informs. “Our ambition is to eventually cover the

Invento Capital receives €1.5M in additional funding from BRIdge Alfa

The Poland-based Invento Capital fund has received about €1.5 million (7.5 million PLN) in additional funding from BRIdge Alfa NCBR program. Now, the fund manages a total €9 million, allowing further investments in 6 startups, MamStartup reports. Founded in 2017, Invento

Creating banking and fintech products loved by dozens of millions. Story of Ukrainian IT services company Alty

Polish startup Foodsi raises €1.2M in a seed round

The Warsaw-based foodtech startup Foodsi has raised about €1.2 million (6 million PLN) in a seed funding round. CofounderZone led the investment aimed at reducing food waste, My Company Polska reports. Founded in 2019 by Mateusz Kowalczyk and Kuba Fryszczyna,

“Our country grew bigger!”: Paratype CEO congratulated everyone on the annexation of Ukrainian lands

Paratype CEO Anna Yakupova posted salutations on Ukrainian lands annexation after sham referendums held by the occupational government in invaded Ukrainian regions.  Paratype is a well-known Russian business, operating since 90-ties. The company creates and sells fonts for navigation, advertising