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Luigi’s Box acquires Persoo. The deal marks the first full exit for Presto Ventures

Fast-growing Slovak company Luigi’s Box has announced the acquisition of their Czech competitor, Persoo. The multi-million deal will strengthen the company’s position as the search optimization leader in the Czech and Slovak markets. “This opportunity has come at the right

Ultimate events guide 2024: top tech conferences to attend in CEE

European startup market is one of the leading in the world which raised, despite the global decline, €53.4 billion in 2023 according to Pitchbook’s report. However, Central and Eastern Europe still remains mostly an unacknowledged region, despite its constant growth and

Finnish Stayify secures €500k in a pre-seed round for its travel booking technology

Stayify, a Helsinki-based travel technology company, has secured €500,000 in a pre-seed funding round. The latest addition to the round consists of more than €300,000 of capital injection. The total financing includes contributions from co-founders, various financial instruments, Finnish state

Ukrainian Fintellect raises $50k from ZAS Ventures

Ukrainian Fintellect, which develops a financial application for businesses, has raised $50,000 from venture capital firm ZAS Ventures. The current round is still but will be used to strengthen the team and support the infrastructure, Fintellect informed AIN.Capital about this.

Ukrainian-founded startup JobCannon raises $500k in a pre-seed round

Ukrainian-British startup JobCannon has raised $500,000 in a new pre-seed funding round from Whitehill Capital, with the backing of the World Bank, which has influenced its rapid development. The startup shared the details with AIN.Capital. About JobCannon “We are focusing

Finland’s IPR.VC launches €100M film and TV fund

IPR.VC, Helsinki-based fund management company has announced the first closing of its €100 million film and television production financing IPR.VC Fund III. The fund aims to support groundbreaking content creation in the entertainment industry. I am thrilled to have the

Estonian fintech Money.Industries secures $1.5M to accelerate global expansion

Tallinn-based Money.Industries, the startup which acts as an intermediary in cross-border services of domestic fintech companies, has secured an investment of $1.5 million led by Caucasus Ventures. With the investment, the startup aims to enhance its infrastructure and accelerate its

Over 2023, investors put $345.7B into startups, it’s the lowest level since 2017 — Pitchbook

In 2023, the VC industry declined globally. Around the world, investors put $345.7 billion into startups, down 35% than in 2022. Globally, venture deals totaled $76.6 billion in the quarter, down from $94 billion a year earlier. This is stated

Romanian-founded Sessions raises €3M to expand its collaboration platform

Sessions Technologies, New York-based developer of a smart communication platform, has raised €1.5 million from Earlybird, and plans to raise €500,000 from SeedBlink. The funding will be a part of a €3 million expansion round. About the current investment: The

Finland’s RELEX Solutions acquires Optimity, a supply chain software company

Helsinki-based company RELEX Solutions has acquired Optimity, a global provider of supply chain planning and optimization services. The acquisition intends to integrate Optimity’s expertise into RELEX’s platform, ArcticStartup reports. “Our depth in some of the most complex consumer goods industries like