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RKKVC and Level2 Ventures join a $12M round for Sea Machines Robotics

Sea Machines Robotics, a US-based autonomous marine vessels company, has raised a $12 million investment led by Emerald Technology Ventures, Nabtesco with the participation of Chevron Technology Ventures. The round was also joined by two VC firms from the CEE region, RKKVC and

Baltic startup ecosystem in H2 2023 — FIRSTPICK and Change Ventures report

In the Baltic region, the number of growth investments significantly increased with 9 growth rounds generating 5 times more capital than in the H1 2023. Lithuania also became the leader in the market, generating 47% of the Baltic growth funding

Estonia-born Starship Technologies raises €83.6M in a round led by Plural

Starship Technologies, an Estonian-founded company building a network of autonomous delivery robots, has raised €83.6 million in a round co-led by Plural and Iconical. The new funding will fuel the company’s global expansion. Building a company like Starship takes at

Lithuanian edtech Leya AI raises €1M in a pre-seed funding

Vilnius-based edtech startup Leya AI has raised €1 million in a pre-seed funding round to revolutionize language learning through an affordable real-time speaking AI Tutor. The investors included V-Sharp Venture Studio, Inventure, BADideas.fund, and several angel investors. About Leya AI With Leya

Estonian Superangel co-leads €1.25M round for OTee, a Norwegian deeptech 

Oslo-based deeptech startup OTee has closed a €1.25 million investment round led by Norwegian venture capital fund RunwayFBU and Estonian fund Superangel. The funding will strengthen the startup’s position in the Nordics, EU-Startups reports. In November 2023, Superangel that also co-led a €1.75

“Lego for adults.” Stories of three Ukrainians who assemble kamikaze drones at home

The People’s FPV program from the Victory Drones project, founded by volunteer and public figure Maria Berlinska, has been operating in Ukraine for several months. It teaches Ukrainians how to assemble seven-inch frame kamikaze drones at home. But it gained

3TS Capital Partners closes its new Fund IV at €111M

3TS Capital Partners, a European technology-focused growth capital investor based in Helsinki and Vienna, has announced the final closing of its Fund IV with €111 million in assets. 3TS will continue to support companies with roots in Engineering Europe. About the

Estonian Plural leads $11.4M round for UK’s Sano Genetics

Sano Genetics, a Cambridge-based software platform for patient recruitment in clinical trials, has raised approximately $11.4 million (£9 million) in a fresh funding round led by Plural. The round also saw participation from MMC Ventures, Episode 1, and Seedcamp. Precision

Google updates Bard: Gemini Pro in Ukrainian and image generation

Google announced new opportunities for artificial intelligence Bard, particularly in Ukraine. The advanced version of the Gemini Pro AI model is now available in Ukrainian. Expanding the language coverage of Gemini Pro After the successful launch of Gemini Pro in

Austrian startup Proofcheck raises a €500k in a pre-seed

Proofcheck, a Vienna-based multilingual web app for content producers AI startup, has raised €500,000 in a pre-seed funding round led by 5502 Fund of BackBone Ventures. The investment will help to expand its platform. Our platform not only establishes a high-quality editorial baseline