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Estonian startup Cachet raises $1.3 million in seed funding

Tallinn-based Cachet, a financial services marketplace for the gig workers, has raised $1.3 million in a seed round. The round was led by Icebreaker.vc with the participation from previous investors as Techstars, Barclays, and Lemonade Stand including some angel investors

Estonian startup Mercuryo.io raises $2.9 million seed round

Tallinn-based startup Mercuryo.io, a crypto wallet and BTC acquiring services for business, has closed $2.9 million seed funding. The seed round was led by Target Global, FinSMEs reports. Into account, Target Global is an international Venture Capital firm headquartered in

Israeli cloud startup Redis Labs attracts $100M

Israeli database software company Redis Labs has raised $100 million in a Series F funding round that pushes its valuation to $1 billion. TCV and Bain Capital Ventures were the leading investors, Francisco Partners, Goldman Sachs Growth, Viola Ventures and

Esports Lab receives over $1M for the project development

As reported by MamStartup, Polish startup Esports Lab has raised more than $1 million in a seed funding round led by the early-stage VC fund Satus Starter. Esports Lab provides a comprehensive esports performance analytic platform. Its system of players

The attack on SoftServe likely resulted in client data breach

Today, on the Telegram channel @freedomf0x, repositories that may belong to SoftServe were published. It is assumed that they were fused as a result of a hacker attack that took place on the night of September 2. The Telegram channel

List of Lithuanian startups to watch in 2020

Lithuania is an attractive country for both entrepreneurs and investors alike. The country is strategically located in Central Europe with access to both Russian and European markets. Vilnius, the capital of Lithuania, is rapidly becoming a center for fintech, gaming

Lithuanian startup Inion LT raises $595K to accelerate its growth

Inion LT, the startup of optimization and monitoring of electricity generated by solar power plants, has received $595K from The Lithuanian VC fund Co-Investment Fund including business angels, Venture Capital fund Contrarian Ventures, and 70 Ventures revenue accelerator. Founded in

Lithuanian startup Turing College receives $1.4 million initial investment

Turing College, a Lithuanian Edtech startup, has received $1.4 million from a very successful cybersecurity company Tesonet, an e-commerce startup Omnisend, a video gaming firm Unity Technologies LT, and Startup Wise Guys with participation from the EU Research and Innovation

AI shopping startup Cosmose raises $15M in a Series A round

Warsaw-based martech Cosmose has raised $15 million in a Series A funding round, pushing its valuation to more than $100 million. The round was led by Tiga Investments with participation from OTB Ventures, TDJ Pitango funds, as well as investors

FitAdept attracts over $260k for the fitness platform development

Polish provider of personal training FitAdept has attracted over $260,000 from early-stage VC fund AgriTech Hub. The startup was also supported by three business angels, reports the MamStartup media. Founded in 2016 by Michał Gębala and Kamil Bąk, FitAdept develops