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Delivery Hero launches venture capital fund DX Ventures

German global delivery platform Delivery Hero has launched an independently managed VC fund called DX Ventures. The news was announced a few days after the company raised €1.2 billion in a share issue. Having initial capital of €50 million, DX

Ukrainian company writes a COVID-19 analytics service for the World Health Organization

Powercode, a Ukrainian IT company, has developed a landing page dedicated to providing information about the coronavirus for the Ministry of Health (MOH), and then – a project for the World Health Organization (WHO). About the project for the MOH

German tech-driven outpatient care startup Kenbi closes a €7M seed round

Kenbi has raised €7 million in seed funding led by early stage investor Redalpine with participation from existing investors Heartcore, e.ventures, and Partech, the startup says in a press release. Launched in 2019 by co-CEOs Katrin Alberding and Clemens Raemy,

Polish ConsoleWay raises over $260k as a part of a share issue

Warsaw-based ConsoleWay has raised more than $260,000 from investors as part of a share issue carried out in December, MamStartup writes. ConsoleWay is a company from the Ultimate Games group, which was launched in July. It specializes in porting games to

10 promising German startups to follow in 2021

According to the Startup Ecosystem Rankings 2020, Germany took 5th place among the 100 most technologically advanced countries globally. It is still the highest-ranking national ecosystem in the EU following Brexit.  The EU-Startups team created a list of the 10

Munich-based SaaS startup Ryte closes a €6.5M Series A round

German Ryte has secured €6.5 million in a Series A funding round from a London-based VC firm Octopus Investments. The previous seed round worth €4.9 million was closed by the startup in 2017, Starting Up writes. Ryte was founded in

Kyiv is among the top 20 cities for remote working

Kyiv is ranked 20th in the ranking of the best places for remote working according to the travel magazine Big 7 Travel, The Village reports. In compiling the ranking, the authors took into account, among other factors, the following ones:

German delivery giant Delivery Hero raises €1.2B in a share sale

Berlin-based Delivery Hero has raised around €1.2 billion by issuing new shares, Bloomberg reports.  Established in 2011, Delivery Hero is the world’s leading delivery platform, operating its service in more than 40 countries across Asia, Europe, Latin America, the Middle

Fashion AI startup GetDressed gets an over $250k grant

Krakow-based startup GetDressed has got an over $250,000 grant from the Polish Agency for Enterprise Development, MamStartup reports. GetDressed was founded in 2018 by the students of the communications technology high school in Krakow Agnieszka Pałka, who serves as CEO,

Foodtech SUPERSONIC raises over $700k to develop the product line

The Polish-British company SUPERSONIC Food has raised more than $700,000 from the Polish pre-seed fund Knowledge Hub Starter and business angels, MamStartup reports.  SUPERSONIC operates on the meal replacement products market. It offers a plant-based meal to prepare in the