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SPINAKER alfa invests in Better Egg to bring vegetable substitution for scrambled eggs

Lodz-based SPINAKER alfa fund has invested in Better Egg, a Polish company that brings innovation on the plant food market. The startup develops a vegetable substitution for scrambled eggs, MamStartup reports. About SPINAKER alfa SPINAKER alfa is a seed capital

Ukrainian startup Pluspoint receives $400k from Pragmatech Ventures

Pluspoint, a Ukraine-founded startup that works with online reputation management, has received a $400,000 round of investment, the company told AIN.Capital. The company plans to spend the funding for its expansion and development. About Pluspoint “The size of the market

OAG acquires Infare, the leading provider of competitor air travel data in Lithuania

World’s leading data platform for the travel industry OAG has acquired Infare, a provider of competitor air travel data. Through the acquisition, the British company is set to increase its footprint in Lithuania, where both businesses operated for years. “We are

YZR Capital and Ukrainian Startup Fund launch a new program to empower healthtech startups

Munich-based investment firm YZR Capital and the Ukrainian Startup Fund have announced the introduction of a collaborative investment program designed to help out healthtech startups with funding. The firm plans to invest around €250,000 — €12.5 million per company. The applications

14 investors: who funds Ukrainian IT during the war — ranking by AIN.Capital

After February 24, the Ukrainian IT market saw a decrease in investments not only from foreign venture capital funds. Out of 28 active local funds, the editors of AIN.Capital and AIN.UA counted only fourteen that continued to invest in Ukraine

Finnish startup Paptic raises €23M to accelerate the development of packaging materials

Paptic, a Finnish manufacturer of wood fibre-based packaging materials, has raised €23 million in growth financing. The company’s shareholder base expanded with the European Circular Bioeconomy Fund and Ecolab. “Our rapid progress from a startup to a high-growth company has made

Everything about ISO/IEC certificates and why they are a must-have for IT companies in times of war

Due to Russia’s full-scale invasion of Ukraine, IT companies have faced even greater competition for clients. Today, to survive, a business needs not only to retain those who already trust it but also to attract new partners. Meanwhile, Western clients,

Top 100 Fintech and Blockchain Outsourcing Companies in Europe: Hypra Fund report

Hypra Fund, an investment fund founded in 2022 by Ukrainian entrepreneur Igor Pertsiya, has published a complete review of the top 100 outsourcing companies in Europe’s fintech and blockchain sectors. According to the research, Ukraine ranks second in terms of

Gotion High Tech acquires a 25 % stake in Slovak battery maker InoBat 

Chinese VW-baked Gotion has acquired a 25% stake in Bratislava-based EV battery startup InoBat. This is the first investment by a Chinese battery maker in European startups. The amount of the deal was not disclosed.  “Our partnership with Gotion High

Veriff plans another layoff. This time, Estonian unicorn will fire 55 people

Tallinn-based identity verification company Veriff filed a collective redundancy notice with the Unemployment Insurance Fund on 22 August, citing the difficult global market situation. The company is laying off another 55 people, mainly from its Tallinn team. “Veriff’s fixed cost