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Finnish space tech Kuva Space awarded a €1.8M ESA contract

Kuva Space, an Espoo-based space tech company specializing in hyperspectral satellite technology and AI-driven insights, has been awarded a €1.8 million contract to participate in the European Space Agency’s (ESA) Civil Security from Space (CSS) program. This funding will bolster

OpenAI raises $15M for its Startup Fund. It invests in early-stage AI companies

American Gen AI pioneering company OpenAI has raised $15 million for the OpenAI Startup Fund, a venture fund that invests in early-stage and AI-related companies across education, law, and sciences, TechCrunch noticed the documents filed with the US Securities and

Czech startup Localazy expands into the Polish market

Localazy, a Brno-based localization startup, has informed AIN about its expansion into Poland, strengthening its position in the CEE markets. The startup aims to support local companies in their global expansion and scaling efforts. Our mission is to minimize, or even

Czech startup TrueClaim raises $2.1M in a pre-seed round

TrueClaim, a Czech-founded and US-based startup that helps to save on health insurance costs, has raised around $2.1 million in its opening round. Kaya VC, Y Combinator, Rebel Fund, Surge Point Capital, Orange Collective, Liquidity, and Explorer Fund participated in

London Defense Tech Hackathon was held to support Ukraine’s defense capabilities

London has become home for a new Defense Tech Hackathon, which was held with an idea in mind to enhance Ukraine’s asymmetric warfare capabilities against Russia. The event was organized by Alex Fitzgerald and Richard Pass. It happened just after the

Bulgarian banking provider Paynetics acquires Novus, UK’s neobank

Sofia-based finance provider Paynetics has announced the acquisition of Novus, a Bulgarian-UK neobank. The deal amount was not disclosed. Novus claims it will strengthen its commitment to environmental, social and governance (ESG) principles. Novus’ mission was to create impact through

Finland’s One Click acquires Buildrz, a French proptech company

One Click, a Helsinki-based developer in life-cycle assessment software for construction and manufacturing, has acquired Buildrz, a Paris-based generative AI software provider for real estate analysis. The acquisition aims to accelerate One Click’s strategy to become the definitive end-to-end sustainability

Finland’s Angel CoFund invests in Hytrade and Coiniverse

In December 2023, Innovestor, in collaboration with Business Finland Venture Capital, launched the €30 million Angel CoFund to support Finnish startups. Now, the fund announces its first rounds in Hytrade and Coiniverse. The total investment from both rounds amounted to €480,000 with €210,000

Speedinvest co-leads a €4M round for German health tech roclub

roclub, a German company developing teleoperation solutions for healthcare, has raised a €4 million in a seed round supported by Austrian Speedinvest and US-based FJ Labs. roclub will expand its activities into Europe and the USA, further develop its marketplace

Estonian space tech 10Lines secures a €1.5M investment round

10Lines, a Tallinn-based startup specializing in autonomous line marking technology, has secured €1.5 million of investment capital. The round was led by Tera Ventures and Karista. As the company told AIN, it will fuel 10Lines expansion efforts, particularly in the