Main - page 67

Ukrainian startup Getpin raises $400k investment from Presto Ventures

Getpin, a Ukrainian SaaS online marketing startup, has raised $400,000 in Seed funding from the Czech venture capital fund Presto Ventures. The investment is aimed at scaling the product in the CEE countries, as well as enabling Getpin’s entry into

Kiteworks acquires Austrian Round2 Capital-backed DRACOON

Vienna-based Round2 Capital has announced that the shareholders of its portfolio company DRACOON have come to a definitive agreement for the sale of all shares in the company to Kiteworks. The deal details were not disclosed. “With Kiteworks we have

Startup of the Day: Deskree, Ukrainian-founded no-code cloud infrastructure tool

Toronto-based Deskree was founded by Dmytro Grechko in 2021 as an internal project of Deskree Studio, aiming to address the struggles in finding a cost-effective and efficient solution for backend infrastructure. The number of Deskree users has grown from 300 to 10,000 developers

Bulgarian HR startup nPloy secures €1.8M in a round led by Morningside Hill VC

Sofia-based nPloy has secured €2 million in a fresh seed round of funding by the Bulgarian VC firm Morningside Hill. The follow-on investment is in addition to last year’s €2 million round, which will be used to expand to the Romanian market, The Recursive

Finnish Aiven, an open-source cloud data platform, acquires EverSQL

Aiven, a Helsinki-based open-source cloud data platform, has announced the acquisition of EverSQL, a database optimization software vendor. This acquisition aims to integrate EverSQL’s capabilities into Aiven’s platform. “In the first half of 2024, we will offer customers several new

Growth, hiring, and compensation trends in European tech — Ravio report

2023 has been a turbulent year for European tech. Startups have had to shift away from “growth at all costs” to a tricky balancing act. They must be agile but also stable, growing yet profitable. People and reward leaders’ priorities

Czech cybersecurity startup Blindspot Technologies raises €1.4M 

Blindspot Technologies, a Czech cybersecurity startup specializing in advanced DDoS protection, has announced a €1.4 million finding round from Presto Ventures, Damir Spoljaric (Gi21), and Prozeta. It will be used to scale up the operations and enter new markets. Blindspot operates a

Finnish company Linio Biotech raises €4.2M investment round

Helsinki-based biotech growth company Linio Biotech has raised €4.2 million in a fresh investment round to help commercialise its injectable tissue product worldwide. The round brings the company’s total funding to over €9 million, EU-Startups reports.

Poland’s bValue Fund acquires a local cloud & server rovider Hostersi

bValue, a growth equity fund, has acquired a 69% share in Hostersi, Rybnik-based provider of cloud migration and 24/7 cloud infrastructure maintenance services. This is the first significant transaction of the third fund of bValue, AIN.Capital was informed. “The investment in Hostersi

Horizon Capital invests in Ukrainian EdTech company GoIT to support its global expansion

Horizon Capital, a US private equity firm, has announced the investment into GoIT, a Ukrainian-founded EdTech platform. This transaction marks the second investment from Horizon Capital’s latest fund, HCGF IV. “I am delighted to welcome Horizon Capital as part of