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Finland’s UB FIGG co-led €36.6M investment for German traceless materials 

Hamburg-based biomaterials startup traceless materials has raised €36.6 million in a Series A funding round. The investment round was co-led by Finnish UB FIGG and Parisian Swen Capital Partners and for the further scaling and the construction of its first industry plant.

Estonian company Currynomics Labs secures €400k for its digital currency Redcurry

Tallinn-based digital currency developer Currynomics Labs has secured €400,000 in funding to create its “new money” solution, Redcurry. Investors include Ecosh Life, Impulse Generator Fund, and several angels, Tech.eu reports. “Redcurry represents a new era for money. It’s designed to

“We definitely are looking to increase our presence in Ukraine.” Interview with Borys Musielak from SMOK Ventures

SMOK Ventures is one of the 20 most active Polish VC funds in 2023. It has already done 7 investments this year, including 3 Ukrainian startups: Finmap, Workee, and Masthead Data, and is planning to add 5 more startups to its

Romanian foodtech Unison raises €133k from Mavers Ventures and angels

Romanian foodtech startup Unison has raised €133,000 in a pre-seed investment round from Mavers Ventures, who led the round, as well as some angel investors. The company plans to close the pre-seed round at €225,000, seeking further capital on SeedBlink,

From IT developer at 18 to CTO in the US at 22. The story of a programmer from a little town in Ukraine

Yev Rachkovan grew up in a small town in the Cherkasy region, Ukraine, and has already had an eventful career for a 22-year-old guy. At the age of 18, he worked as a full-stack developer at a Ukrainian IT company,

Austrian storage and logistic startup Storebox raises over €67M in Series B round

Storebox, an international company that provides digitalized self-storage solution has raised over €67 million. The round was one of the biggest in Austria in 2023. It was led by existing investors, including Senger-Weiss Family Offices, Wille Finance, Kineo Capital, Urban

Estonian logistics startup Cleveron secures €3.5M from Nordic Secondary Fund

Tallinn-based logistics startup Cleveron has secured €3.5 million in an investment round led by the Danish Nordic Secondary Fund, Invest in Estonian reports concerning BalticVC. The investment will allow Cleveron to redefine the last-mile delivery experience through robotics-based parcel terminals.

Finnish startup Speechly is acquired by Roblox

Helsinki-based voice interaction technology startup Speechly has been acquired by Roblox, an online gaming and communication platform. Speechly specializes in speech recognition and natural language understanding tools, ArcticStartup reports. “We are proud of the speech recognition product and solutions our

Ukrainian VC firm ZAS Ventures announces its official launch

ZAS Ventures, Ukrainian venture early-stage venture advisory firm, has announced the official launch. Startups can already apply on the firm’s website. AIN.Capital tells the main details. Primary information about ZAS Ventures Ukrainians Andrew Zinchuk and Artem Volkhonskyi founded ZAS Ventures.

Czech Tilia Impact Ventures launches €32M second fund to support CEE companies with a ESG focus

Prague-based investment firm Tilia Impact Ventures has announced the launch of its €32 million second fund financed by the European Investment Fund and Ceska Sporitelna Bank. The fund aims to support CEE companies with an Environmental, Social, and Governance focus.