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Finnish Paptic closes €27.5M round to accelerate its global growth

Paptic, a Finland-based manufacturer of wood fibre-based packaging materials, has closed a total of €27.5 million in funding led by the UB FIGG, joined by Emerald Technology Ventures, SIG InnoVentures, and EIC Fund. Details of the investment: Now, that the

Poland’s Movens Capital and Cogito Capital Partners join $7M round for Sky Engine AI

Sky Engine AI, a London-based synthetic data cloud platform, has raised $7 million in a Series A funding led by Cogito Capital Partners with contributions from Edge VC, Taiwania Capital, Movens Capital, and HTGF | High-Tech Gründerfonds. The investment will support the startup’s growth. The list of

British-Ukrainian fintech Carmoola secures £15.5M in equity investments

Carmoola, a London-based fintech specialising in direct-to-consumer car finance, has announced a £15.5 million equity investment from a number of prominent investors. The list includes QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and Kyiv-based u.ventures. Through our VC fund, u.ventures, we are

Startup of the Day: Gin, a Ukrainian and Indian-founded manufacturer of e-bikes

Gin was co-founded in 2022 in Reading, a suburb of London, by Ukrainian Maryna Vlasenko and Indian Rahul Pushp. The startup produces hybrid e-bikes with a range of over 150-170 miles. One of its main products is GIN X crossbar electric bike,

Market capitalization of the CEE SaaS companies reached €1.75B in 2023 — Vestbee

Vestbee, in cooperation with Warsaw Equity Group, has updated its CEE SaaS Index for 2023. The index includes companies from the CEE region which generate at least 50% of their total revenue from sales of SaaS products. AIN.Capital shares the

Horizon Capital invests in Viseven, a Ukrainian martech provider

Horizon Capital’s Growth Fund IV has invested in Viseven, a provider of marketing technology solutions and services in the pharmaceutical and life sciences industries. The investment amount was not disclosed. About Horizon Capital I’m delighted to announce Horizon Capital’s investment

Slovak call center software CloudTalk raises $28M Series B round

Bratislava-based call center software developer CloudTalk has successfully closed their $28 million Series B round. The funding is co-led by KPN Ventures and Lead Ventures and supported by existing investors Point Nine Capital, henQ, Presto Ventures, and Orbit Capital. The company told AIN.Capital the details. About CloudTalk

S.T.A.L.K.E.R. 2: Heart of Chornobyl is coming September 5, 2024

Ukrainian gamedev studio GSC Game World has officially announced the final release date of the long-awaited game S.T.A.L.K.E.R. 2: Heart of Chornobyl. The release is scheduled for September 5, 2024. You can pre-order the game by following the link. S.T.A.L.K.E.R.

Finland’s DelSiTech closes a €10M round for its drug delivery platform

Finnish pharma company DelSiTech has announced the closing of a €10 million round, co-led by DRW Venture Capital LLC and Tolmar International Ltd. The investment will be used to develop its platform and further build DelSiTech. We welcome DRW and

Mindly successfully raises a $2M seed round while growing rapidly

Mindly, a global platform for professional online mental healthcare therapy, has raised $2 million in funding from the leading European investment fund Inovo VC and Patrik Backman, a renowned angel investor and co-founder of MariaDB and OpenOcean VC. About Mindly