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Kazakhstan-based marketplace for organic products Green Bee closes its first $60k round

Green Bee has raised $60,000 by selling 8% of the project’s shares to biological manufacturing plant Bioteknistik. The round has pushed the startup’s valuation to $750,000, Kapital reports. Co-founded by Asset Mussayev and Belarusian Aleksey Akshakov, Green Bee develops the

5 largest funding rounds closed by Estonian startups in 2020

AIN.TECH selected Estonian startups that raised the largest investments in 2020. Bolt, $183 million Bolt has announced its largest round of funding worth $183 million. The investment was led by D1 Capital Partners and Darsana Capital Partners. Bolt is the

The 10 largest VC rounds of December 2020

AIN.TECH selected 10 startups from CEE that have raised the largest investments in December 2020. Bolt, $183M Estonian developer of a transportation platform Bolt announced its largest round of funding worth $183 million. The investment was led by global investment

Finnish AI startup Stealth Black Oy raises $1.3 million

Helsinki-based AI startup Stealth Black has received $1.3 million from Finnish VC Inventure and Denmark’s byFounders, as well as from angel investors Mikko Hyppönen and Ali Omar, Tech.EU reports.  Founded this year by CEO Tuomas Rasila and CTO Antti Lehtimäki,

Tallinn-based proptech Rendin raises $1.4 million

Estonian Rendin, a long-term home renting service, has closed a $1.4 million seed investment round. The round was led by Tera Ventures, Iron Wolf Capital, Truesight Ventures, Atomico’s Angel Programme, and Startup Wise Guys, TechCrunch reports.  Launched in March 2020

Baltic startup scene report: Estonia

Baltic Startup Scene Report is a collection of various data sources and perspectives of start-up ecosystems in the Baltic States. The report delves into such important topics as investments in start-up companies in the Baltics and startups for review, the

GeneMe closes a €5.2M seed round to develop its COVID-19 diagnostics solutions

Polish biotech company operating in the field of genetic laboratory diagnostics GeneMe has raised €5.2M million in a seed funding round led by Robin Tombs, co-founder of the global digital identity platform Yoti and previously of Gamesys, and other business

Ciklum raises funding from Recognize

The IT company Ciklum has raised strategic investments from the technology investment platform Recognize. The amount of the deal was not disclosed. Francisco D’Souza, co-founder of Recognize, and partners of the firm, Rajeev Mehta and Josh Miller, joined Ciklum’s board

Polish company Omnioxy completes a share issue and raises over $700k

Gdynia-based company Omnioxy has successfully completed the issue of Series B shares and raised more than $700,000 from investors, MamStartup writes. Omnioxy produces and provides hyperbaric chambers used for hyperbaric oxygen therapy by professional athletes, families and wellness centers. During

How Ukrainian became World Bank’s first programmer in Washington DC, declined $167,000 offer from Amazon, and launched her own startup

In early December, a cover story in the popular American magazine Business Insider featured Ukrainian Anastasia Kholodova. She told the reporters how she had received an offer from Amazon, which many can only dream of, but declined it. Notably, not