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Lithuanian-founded fintech TransferGo receives $10M in funding

TransferGo, a UK-based fintech startup with Lithuanian roots, has received a $10 million growth funding round from Taiwania Capital. It plans to expand across the Asia-Pacific region, according to TechCrunch. We raised money because we wanted to expand faster in

Finnish automotive AR company Basemark raises a €22M investment

Basemark, a Helsinki-based provider of automotive AR software for cars, has raised €22 million in Series B funding. The round was led by ETF Partners with participation from Tesi, Constructor Capital, Business Finland, the European Innovation Council and private investors. About Basemark Investment details

Startup of the Day: Lakmoos, a Czech AI market research company

Founded by Kamila Zahradnickova, Jan Polisensky, and Roman Konecny, Lakmoos builds data models that simulate how target groups make decisions. The platform replaces human survey respondents with data models that reflect the dominant opinion of the selected target groups. In March 2024, the startup has secured €300,000 in

Europe has the most affordable mobile data in the world — Broadband Genie study

Worldwide, people spend 4.09% of their salary on a mobile phone plan with 10GB+ of data, which is, on average, $24,20. Broadband Genie conducted a study on the global landscape of mobile data pricing to determine the mobile data affordability

ZAKA VC invests in Lime Therapeutics, a US-based biotech startup 

Czech ZAKA VC has announced its latest investment in Lime Therapeutics. The fresh funds will help the startup to create a new class of lipid-targeting medicines to combat cancer, cardiometabolic diseases, and neurodegenerative disorders. The exact amount is undisclosed. The

Lithuanian space tech Blackswan Space raises a €760k investment round

Blackswan Space, a Vilnius-based startup developing software products for complex space & defense missions, has raised €760,000 in a pre-seed funding round. The investment was led by Scale Wolf and will be used to grow the startup’s engineering staff and scale

Austrian WeAreDevelopers receives a 7-figure investment from Round2 Capital

The European investment firm based in Vienna and London Round2 Capital has announced a 7-figure investment in a local developer community WeAreDevelopers. The investment will be used for the market expansion of WeAreDevelopers. We are excited to back WeAreDevelopers as they

Ukrainian Toloka.vc invests €1M in FINN, a German car service

Ukrainian venture syndicate Toloka.vc has informed AIN about its €1 million investment in FINN, a German online auto-subscription service. This investment is the fifth deal for Toloka.vc, with a check for at least €4,500, since May 2023. FINN actively promotes

Estonian cleantech Elcogen closes an over €140M investment round

Elcogen, a Tallinn-based clean energy technology company, has announced the closure of its €140 million investment round that will accelerate its expansion. The round includes more than €24 million in equity investments from Hydrogen One Capital Growth plc, HD Hyundai,

Romanian platform Genezio receives $2M in pre-seed investment

Genezio, a Romanian developer of serverless platform for building full-stack web and mobile applications, has received a $2 million pre-seed investment round led by Gapminder VC. The funding will allow the startup to implement the go-to-market strategy and develop enterprise features. The