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Estonian biotech Gearbox Biosciences secures €380k in a pre-seed round by Specialist VC

Tartu-based biotech startup Gearbox Biosciences has secured €380,000 in a fresh pre-seed funding round led by Specialist VC and UniTartu Ventures. Including recent grants, the company’s total funding amounts to over €500,000. “We believe that Gearbox Biosciences is one of

Finnish Butterfly Ventures joins an investment for Danish RiACT ROBOTICS

RiACT ROBOTICS, Copenhagen-based robotic automation software provider, has announced closing the fresh round to transform the manufacturing industry. It was backed by Butterfly Ventures, Navigare Ventures, and Mølgaard Capital. “We are excited to join Navigare Ventures and Mølaard Capital to support the team at RiACT

Full-cycle online banking development and adaptability to changes. Unique PayForce solutions

AIN.Capital describes a solution for a mobile bank from PayForce. The developer’s main solution, which has been integrated by more than 10 banks for remote service of their clients, is a multi-module online banking system.

Investment activity continues to follow a negative trend — EIF’s report on the European VC market state

The EIF has prepared the report, surveying almost 500 VCs to get their views on the state of the market. The report shows that European VC funds raised €7 billion in the first half of 2023 — it is almost

Ukrainian IT company Genesis launches TRMNL4, a platform for CEE startups and investors

Ukrainian co-founding IT company Genesis is scaling up the number of educational and investment opportunities for tech companies from Central and Eastern Europe. The company launches TRMNL4 (terminal) to unite the startups and global partner-companies in one ecosystem. TRMNL4 was

Estonian startup Elcogen receives €45M strategic investment from HD Hyundai

Estonian green hydrogen startup Elcogen has received €45 million as part of the strategic investment carried out by South Korean HD Hyundai Group. The deal will further deepen the collaboration on emission-free power generation systems as well as green hydrogen

How to Find an IT Job Abroad: 7 Questions Career Switchers Usually Have

AIN.CAPITAL has collected answers to frequently asked questions from career switchers who are seeking jobs in IT professionand who want to get a job in Europe or the USA. The special project includes advice on what to consider when choosing

Xerox exits Russia and divests the business to local management

Since the start of the Russian full-scale invasion of Ukraine, the American company Xerox announced the cessation of all supplies to Russia, leaving only “limited operations” in compliance with all relevant government sanctions. Now, on the 595th day of the

ff Ventures joins €11.8M round for UK’s fintech kennek

London-based kennek, a company that specialises in developing an operating system for lenders, has announced €11.8 million in a seed round of funding. It was led by HV Capital, with participation from Dutch Founders Fund, AlbionVC, ff Ventures, Plug & Play Ventures, and Syndicate One. The

“Part of our team has always been in Ukraine,” the Ukrainian co-owner of Paus told about the deal

CINDIE, a streaming service in Latin America, has recently acquired the British Web3 project, Paus. AIN.Capital asked the Ukrainian co-owner of the startup, Oleh Kurtianyk, about the work of the Paus team in Ukraine and the details of the deal.