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Orbyt acquires Telia Talous, a Finnish provider of eInvoice services

Norway-based Orbyt that develops Software-as-a-Service platform providing a one-stop shop for invoicing and payments, has acquired Telia Talous (Telia’s Finnish activities). The deal amount was not disclosed. About Orbyt: The deal details: “We believe that the best opportunities for the

Three tips for defence tech startups from Paul Clayton and Serhii Koshman

Recently, Paul Clayton, an ex-commander of the UK element of NATO, and Serhii Koshman, a Head of International Partnerships and Cooperation Brave1, visited Lift99, an international startup-hub based in Kyiv, and shared their opinions about how defence tech startups should

Trind Ventures invests Your.Rentals, a Swedish short-term rental startup

Swedish SaaS startup Your.Rentals has announced the closing of an investment from Trind Ventures, an Estonian venture capital firm. Combined with the successful seed raise, Your.Rentals has secured €2.7 million in growth finance this year. “Your.Rentals has established itself as a leading player

US-Latvian Morty closes $2.2M round to develop new formats of entertainment

Morty, Latvian and US-based startup building a marketplace for escape rooms, location-based VR, art exhibitions, attractions, has closed $2.2 million to build the “biggest theme park in the universe”.  The round was led by Protagonist. “Most immersive attractions are all

Polish 11 Bit Studios to publish INDIKA, a Russian-made game. Ukrainian gamers are outraged

On October 18, Polish game developer and publisher 11 Bit Studios introduced INDIKA, a game set in a parallel 19th-century Russia made by Russian game developer Odd Meter Games. The news sparked outrage among the Ukrainian gaming community, with multiple

Polish CTHINGS.CO raises €4.5M for international development

CTHINGS.CO, a Polish startup specializing in creating solutions in the area of 5G, IoT sensor networks and cloud applications, has informed AIN.Capital about its fresh €4.5 million. The funding round was backed by Orlen VC, PKO VC, Freya Capital, and

Nova Post launches in Estonia with plans to open branches in all Baltic countries in 2023

On October 20, Nova Post informed AIN.Capital about the opening of its first branch and starting courier delivery in Tallinn. Estonia has become the eighth country in the EU where Nova Post started its operation. “I am convinced that thanks to the

Aper Ventures joins €10M round for Inuru, a German company

Berlin-based semiconductor manufacturer Inuru has secured €10 million in an investment round from Aper Ventures, a Polish VC firm, ARIA, and Adamed, a Polish pharmaceutical and biotech company, Startup Rise reports. “Adamed’s investment validates the pressing need for improved medication

Polish Movens Capital exits Fenige with a 4.5x return

Warsaw-based Movens Capital has announced an exit from Fenige, an early pre-seed investment, with a sound 4.5x cash-on-cash return. It’s the sixth successful exit of Movens Capital partners from tech investments. “Fenige revenues from transactions in 2022 significantly exceeded €11

Jooble invests in Teraz Work, a marketplace for freelance recruiters

Ukrainian Jooble has invested in Teraz Work, the service which allows recruiters to access a large number of vacancies and help to close them faster. The investment amount is not disclosed. With the investment Teraz Work plans to expand into