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IBM to acquire Finnish startup Nordcloud

IBM has announced an agreement to acquire Nordcloud, a European leader in cloud implementation, application transformation, and managed services. One of the reasons for acquiring Nordcloud is to advance IBM’s cloud migration and transformation capabilities, an important aspect of its

Estonian Bolt raises $183 million in funding

Estonian private company Bolt, a transportation platform, has announced its largest round of funding worth $183 million. The investment was led by D1 Capital Partners – a global investment firm that deploys capital in both public and private markets and

Paris-based startup Sorare received $3.6 million investment from Gerard Piqué

According to the company`s press release, football superstar Gerard Piqué and ex Coca-Cola VP Emmanuel Seugé through his fund Cassius Family have invested $3.6 million in Sorare as a seed extension. Also, Gerard Piqué will join Sorare’s board as a

German business software maker Spryker raises more than $130M

Berlin-based Spryker has raised over $130 million in a Series C financing round, led by Silicon Valley-based TCV. Existing investors One Peak from London and Project A Ventures from Berlin also participated in the round, which has pushed Spryker’s valuation

SKA Polska and VEO receives a $800k grant for designing a thermal vision system

The consortium of SKA Polska, an independent research and development company, operating in the field of high technologies, and VEO, a software company providing solutions for AR glasses, has received the research grant in the amount of nearly $800,000 from

Grocery delivery startup Gorillas closes a $44M Series A round

German startup Gorillas has raised $44 million in a Series A funding round led by the New York-based hedge fund Coatue. As a result, Coatue’s Daniel Senft and Bennett Siegel joined Gorillas’ board, TechCrunch reports. Founded in May 2020 by

Raketa becomes Rocket and launches in Cyprus

Ukrainian service Raketa has announced its launch in Cyprus and the name change. On December 23, the delivery service under the new brand name, Rocket, started operating in Nicosia, the capital of Cyprus. The news was reported to AIN.UA by

Germany launches a €10B fund to support late-stage startups

Late November, the German Bundestag approved the launch of the “investment fund for future technologies” to provide late-stage startups with the state capital. The government agreed to invest a total of €10 billion between 2021 and 2030 hoping to at

Austrian e-health startup Probando receives funding from three investors

As reported by der brutkasten, Graz-based startup Probando has received a six-figure investment from Alfred Luger, co-founder and COO of Runtastic, business angel Georg Zenke, and the Styrian Business Promotion Agency. The financial details of the deal are not disclosed.

Software startup Neocom.ai raises €650k to help users in making online purchase decisions faster

Munich-based startup Neocom.ai has raised €650,000 in Seed funding from business angels Ralf Fischer and Rolf Adam, members of the largest investor network in Germany BayStartUP, StartingUp writes. Founded in 2020 by Dana Nedamaldeen and Sebastian Slomski, Neocom.ai develops is