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Finnish medtech Sooma secures €5M led by Voima Ventures

Sooma, a Helsinki-based provider of brain stimulation treatments for psychiatric and neurological disorders, has announced its new funding of €5 million led by Voima Ventures. The investment will be used to accelerate Sooma’s product development and continue the company’s expansion

AIN Reader Survey: Content and Formats

With a updated brand and a new website slowly approaching, our team at the English Office of AIN, an online publication about startups and technology in Central and Eastern Europe, is interested in our readers’ opinion on the type of

Startup of the Day: Leya AI, a Lithuanian edtech startup

Leya AI was co-founded by Mindaugas Bruzas and Donatas Tamosauskas in 2023 with a mission to give access to personal coaching powered by Large Language Models for everyone on the planet. The first version of the Leya AI app was

Finnish fashion tech company Infinited Fiber raises €27M in a development financing round

Infinited Fiber, a Finnish fashion technology company, has announced a €27 million. The round completes a two-part development financing round totaling €40 million backed by Inditex Group, TTY Management, Youngone, and Goldwin, as well as existing investors. About Infinited Fiber

Latvian startup Mapon raises €3M to accelerate its European expansion

Mapon, a Riga-based fleet management solution provider, has raised €3 million in total from private and institutional investors. The funding will be used to finance company acquisitions and further expand Mapon’s operations in Europe.  We’ll use the funds raised in

ZAKA VC invests in Eigen Therapeutics, an American biotech company

Czech family office ZAKA VC has announced an investment in Eigen Therapeutics, an American biotech company poised to redefine precision cancer treatment. The exact amount of the deal was left undisclosed. We are genuinely impressed by Eigen Therapeutics and their

Ukrainian startup Himera raises $525k to manufacture EW-resistant radios

Himera, a Ukrainian developer of secure communication radio stations, has raised $525,000 from a new angel team. The fresh capital will be used to strengthen the products that the team supplies to the Defense Forces of Ukraine. The startup was

Finland’s NordicNinja co-leads $24M round for Griffin, UK’s banking platform

Griffin, a London-based full-stack Banking as a Service (BaaS) platform, has announced a $24 million Series A investment round led by Finnish VC firm NordicNinja, MassMutual Ventures, and Breega. The capital will help scale the bank and enhance its infrastructure for

Latitude59 tech conference announces Pitch Competition 2024 with €1M prize fund

Latitude59, the Estonian flagship startup and technology conference, has once again put €1 million investment for its Pitch Competition of 2024. The prize fund makes it the largest competition of its kind in the Nordic countries and the Baltics. This year,

20 Days in Mariupol wins the first OSCARS for Ukraine

On the night of March 11, the 96th Academy Awards ceremony took place in Los Angeles. Christopher Nolan’s biopic Oppenheimer collected the highest number of awards this year. The documentary 20 Days in Mariupol by Ukrainian journalist Mstyslav Chernov received