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Polish edtech Multilango secures €400k from Pathfinder and EKIPA Investments

Polish edtech startup Multilango.com has secured around €400,000 (PLN 1.75 million) investment from Tar Heel Capital Pathfinder, EKIPA Investments, and an undisclosed private investor. The startup is developing a platform enabling employers to offer foreign language learning as an employee

Finnish startup Cactos raises €26M to increase its battery energy storage system portfolio

Helsinki-based Cactos, a developer of smart energy storage systems, has raised over €26 million of equity investments in its Cactos Fleet Finland Limited Partnership. OP Finland Infrastructure LP and the Finnish Climate Fund co-led the round. About Cactos Large housing,

ReaktorX opens applications for its CEE accelerator

ReaktorX, a Estonia-based startup accelerator, has announced the launch of the next batch of its industry-agnostic program for Central Eastern European companies. The program offers €25,000 of pre-seed funding for winners. The application is open until the 20th of January,

Finland’s Enifer secures a €12M grant to build a mycoprotein factory

Finnish biotech startup Enifer has secured a €12 million grant for building its first commercial-scale PEKILO mycoprotein ingredient factory. The funding comes from the European Union NextGenerationEU recovery instrument. This plant will be a critical stepping stone to scaling the production

Romanian energy tech Ogre AI raised €625k in funding

Bucharest-based energy sector solutions provider Ogre AI has announced raising €625,000 in funding from Czech Soulmates Ventures in December 2023. Romanian Early Game Ventures and Matei Stratan, CEO of Ogre AI, also joined the investment. Our main objective is to become the leading

Polish biotech startup Bioceltix secures €2.5M to improve veterinary therapy

Wrocław-based biotech startup Bioceltix has signed a co-financing agreement with the Polish Agency for Enterprise Development. Additionally, it has secured around €2.53 million (PLN 11 million) in subsidies under the European Funds for a Modern Economy (FENG) program. The startup is

Finnish health tech Koite Health secures over €4M to accelerate its growth

Koite Health, an Espoo-based health technology company, has secured €4 million investment from local and foreign investors. It will be used to support the growth of its Lumoral oral care product. The well-managed share issue and investor activities brought the

Estonian Scorestars raises €725k to expand its fan engagement platform

Scorestars, the Tallinn-based basketball fan engagement platform, has raised €725,000 in a seed round co-led by Trind VC, Startup Wise Guys, 3 Comma Capital. With the funding, Scorestars plans to expand its operations to new markets and to increase the team. About Scorestars: We

American-Danish Zendesk acquires Estonian AI startup Klaus

Zendesk has announced the acquisition of Klaus, an AI-powered quality management platform. With Klaus, Zendesk will be able to deliver consistent service across every channel. The deal amount was not disclosed. Zendesk and Klaus share a vision of AI-led, personalized

Latvian Aerones receives €4.4M grant from EU’s Innovation Fund ​

Aerones, a Riga-based company specialising in robot-enabled turbine inspection and maintenance services, has received the Innovation Fund grant of €4,416,000. The startup will use the funds to produce and deploy wind turbine blade leading edge repair robot sets.  The deal