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Czech-founded startup Myriad AI secures $2M pre-seed funding round 

Myriad AI, a US-based startup with Czech roots, has secured $2 million in a pre-seed funding round. The investors include Nation 1, alongside BD Partners, Plug and Play Tech Center, and Preston-Werner VC, according to the Recursive. About Myriad AI Investment details

Estonian fintech Mifundo receives €2.5M in EIC Accelerator grant capital

Tallinn-based Mifundo, developing an AI-based data platform that enables the transfer of credit profiles across borders, has received €2.5 million in grant funding from the European Innovation Council (EIC) Accelerator program. The funding will be used to expand the platform across Europe.

Finnish foodtech Onego Bio secures €14M from EIC Accelerator and Seria A investors

The Helsinki-based startup Onego Bio developing a bio-identical egg protein has secured the fresh €14 million from EIC Accelerator and additional Series A investors. Just three month earlier, Onego Bio raised €50.5 million, bringing the company’s total funding to €65

Angel One Fund is preparing a $1.5M Defense Tech fund. Interview with a Managing Partner, Ivan Petrenko

Angel One Fund invested in six Ukrainian Defense Tech startups within syndicate deals in the last half of the year. There will be a separate deftech fund in the coming fall that has already accumulated over $1.5 million. AIN asked Ivan Petrenko,

Austrian heat pump company Ecop receives €8.5M funding from EIC Accelerator

The Vienna-based heat pump company ecop has received €2.5 million in grant funding from the European Innovation Council (EIC) Accelerator, as well as up to €6 million in equity investment. ecop will use the fresh grant funding to scale the production of its rotation heat pump, Tech.eu informs. “The EU’s innovation ecosystem has

Lithuanian lender Finbee Verslui closes a €35M round led by Pollen Street Capital

Lithuanian alternative lender Finbee Verslui has closed a €35 million funding round led by Pollen Street Capital. The company will use the fresh capital to finance over 1500 businesses. “First of all, we will be able to pay out business

38 Polish companies secured €209M from 47 funds — new PFR Ventures Q2 2024 report

PFR Ventures and Inovo VC have prepared a joint report summarizing transactions on the Polish venture capital (VC) market in the second quarter of 2024. During this period, 38 Polish companies managed to secure a little over €209 million (PLN

Polish sports e-commerce platform Sportano secures funding from bValue

Polish venture capital fund bValue Growth has announced its investment in Sportano, one of Europe’s most dynamic sports e-commerce platforms. Apart from the financial aspect of the deal, the Fund will support Sportano in further digitizing its operations. “Sportano aligns perfectly

UniCredit acquires Aion Bank and Vodeno, a Polish Banking-as-a-Service platform

The pan-European commercial bank UniCredit has announced the acquisition of the entire share capital of Vodeno, a Polish banking as a service cloud native platform. As part of the announcement, UniCredit also acquired the shares in the Belgian Aion Bank. The

Ukrainian-founded AI startup Assisterr raises $1.7M in pre-seed funding

Assisterr, an AI startup founded by Ukrainians Nik Havryliak and Dmytro Dimenko, has raised $1.7 million in its pre-seed round of funding. The team plans to use the raised funds to develop and scale the platform for tokenization of AI