Main - page 93

Lithuanian aerospace startup WeSky raises €1.1M from Baltic investors

Vilnius-based aerospace startup WeSky has raised €1.1 million in a fresh funding round. Coinvest Capital, Baltic Sandbox Ventures, and Notarc Management Group participated in the round, along with LitBAN angel investors, Tech.eu reports. “I want to express my deep gratitude to our

Bulgarian pioneering insect-tech Nasekomo secures €2.5M in grant money

Sofia-based insect-tech scaleup company Nasekomo has been awarded €2.5 million in grant capital to drive innovation in biotechnology under the European Recovery and Sustainability Plan. Thanks to the funding, the company will establish insect farms network to combat overfishing.

Croatian financial consulting company BE-ON receives €700K from Feelsgood

Zagreb-based startup BE-ON, an advisory firm specialised in consulting services for individuals, has received €700,000 from local venture capital fund Feelsgood. In total, Feelsgood invested €1.3 million in BE-ON, based on an investment deal signed in December 2021.

Baltic startup ecosystem in H1 2023 — Change Ventures and Firstpick report

In the Baltic region, the number of series A and growth rounds has significantly decreased, both raising over two times less than in H2 2022. On the contrary, the number of pre-seed and seed rounds in H1 2023 has increased.

Estonian VOOL raises €2.9M to scale its EV charging serial production

EV charging startup VOOL has raised €2.9 million, of which €1.3 million is an additional seed investment funding and €1.6 million is a grant. The investment was led by Specialist VC with participation from angel investors, including the former President of Estonia

New version of the ISO/IEC 27001:2022 standard: why this standard is useful for IT companies and how to implement it

For many years, ISO certificates have been a must-have for IT companies, as they can guarantee the reliability of a business in terms of international standards. During the war, when Western clients become more demanding of Ukrainian companies, such a

Commsignia, Hungarian-founded V2X provider, announces a $15M Series B round

Commsignia, the provider of Vehicle-to-Everything solutions, has announced the closing of a $15 million Series B funding round led by PortfoLion Capital Partners, Inventure, Day One Capital and Inference Partners. With the investment, it aims to strengthen its market position.

Ukrainian studio 4A Games hires people to develop a new game

Ukrainian game development studio 4A Games, better known for the Metro series games, is also working on a new AAA game and is recruiting specialists for this project. This was announced on the company’s Twitter account.

Hungarian PortfoLion joins $13M round for deskbird, a workplace management company

deskbird, a Swiss software-as-a-service workplace management company, has announced the receiving fresh $13 million Series A round from ALSTIN Capital and AVP, with participation from existing investors, such as session.vc, Rivus Capital, and PortfoLion. It will help to expand into the European market. “With the smart

Norwegian fintech startup Strise raises €10M. Finnish Maki VC joins the round

Oslo-based Strise, a company that offers KYC intelligence systems, has raised €10 million in a Series A round of funding to accelerate the European expansion. The investment was led by Atomico, with the participation of Curiosity, Maki.vc and Sondo.