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Latvian Merito launches a €30M real estate Merito Self Storage Fund

Riga-based investment company Merito Partners has announced the launching of a new €30 million real estate Merito Self Storage Fund to develop pan-Baltic network of self storage facilities. The company also aims to secure around €50 million in bank co-financing.

Finnish e-comerce SaaShop raises €1.2M in a seed round

Espoo-based subscription software marketplace SaaShop has raised €1.2 million in a seed investment round. Business Finland is one of the investors, along with current owners and board members. “This round of funding will enable us to accelerate our go to

Austrian 3D printer manufacturer Cubicure is acquired by Align. The deal amount is €79M.

US-based 3D digital scanners manufacturer Align Technology has acquired Vienna-based Cubicure, a private firm that specialises in direct 3D printing solutions for polymer additive manufacturing. The acquisition, priced at €79 million, aims to amplify Align’s core competencies in direct 3D printing, and support its growth

Lithuanian fashion startup The Knotty Ones raises €250k from Coinvest Capital and angels

Vilnius-based knitwear brand The Knotty Ones has just closed a €250,000 bridge round from Coinvest Capital and a diverse group of female angel investors. The startup is planning further expansion in its key markets such as the United States. “The

Reports of a major fire outbreak in the Czech office of developers S.T.A.L.K.E.R. 2

On September 7, 2023, there was a major fire outbreak in the Czech office of the Ukrainian company GSC Game World, which is currently working on the second part of the famous game franchise S.T.A.L.K.E.R. 2. This was reported by

Polish startup MediSensonic secures €716k through Series D share issue

Poland-based innovative medtech startup MediSensonic has secured approximately €716,000 (PLN 3.3 million) through the issue of Series D shares, after its pre-money valuation reached around €9.8 million (PLN 45 million), Strefa Inwestorow reports. “I am proud that MediSensonic’s vision for development

In 2022, Elon Musk deliberately shut down Starlink to thwart a Ukrainian attack on Sevastopol

In 2022, Elon Musk deliberately ordered the shutdown of Starlink satellite communications near the Crimean coast to disrupt Ukraine’s attack on the Russian navy in Sevastopol. According to CNN, citing an unreleased biography of Musk written by American journalist and

Black Pearls VC announces exit from Solwit with 3.16x return on investment

Polish early-stage venture capital firm Black Pearls VC has achieved another successful exit with Solwit’s acquisition by ALTEN Group. The firm saw a 3.16x cash-on-cash return on investment, Black Pearls VC told AIN.Capital. “We are incredibly proud to have facilitated

Estonian space tech KappaZeta receives €480k of additional funding

Tartu-based space technology startup KappaZeta has received €480,000 in funding from a group of investors. KappaZeta aims to create a global and frequently updated dataset regarding forest biomass and carbon stock.

Finnish XR startup Younite-AI secures significant private equity investment

Younite-AI, a frontrunner in AI and XR software solutions, has successfully secured a substantial round of private equity investment from Bocap. The financing will help the company to accelerate the development of its AI/Extended Reality (XR) software. “Younite-AI is at the