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Bimp shares its traction during the war in Ukraine. Plans to earn $2M in revenue by the end of 2023

The Ukrainian IT startup Bimp, which launched an ERP system three months before the full-scale war, shared its project results and indicators with AIN.Capital over the past year and a half and how the company is developing during the war.

Finiata raises €20M to finance SMEs in Poland

Finiata, a fintech startup with offices in Germany and Poland, has raised €20 million from British asset manager Fasanara Capital. The company wants to finance Polish micro, small, and medium-sized companies looking for capital for their current operations, My Company

Kommunalkredit Austria AG co-led €120M investment for German metrofibre

Düsseldorf-based metrofibre, a company that develops fibre networks to connect urban communities, has secured €120 million in senior debt financing. The investment was led by a consortium comprising ING, Kommunalkredit Austria AG, and SEB.

How Ukrainian e-gov service Diia was created. Interview with Mstyslav Banik

Over the past few months, the Ukrainian service Diia has been much discussed regarding exports: several countries are considering implementing the service. Diia app was launched in Ukraine in 2022. It provides Ukrainians with ID documents, allows them to register

Finland’s Comptek Solutions secures €8M in Series A funding

Tukru-based Comptek Solutions has secured €8 million during a Series A funding round aimed at driving growth in customized passivation. The round consists of equity investments from the Horizon Europe EIC Fund and LIFTT S.p.A., key strategic partners in the

European VC exit valuations fall almost twice, to €17.3M in Q2 2023— Pitchbook report

In Q2 2023 European exit valuations continued to fall with median exit valuation going from to €17.3 million. The proportion of down rounds continued to upward to 26.2% in Q2 2023 from 19.8% in Q1 2023. Overall, VC exits are

Austrian Speedinvest co-leads €9.2M seed round for Berlin-based Mercanis

German startup Mercanis has received a €9.2 million investment from institutional funds such as Signals.VC, DI Technology, and Speedinvest. The startup plans to accelerate its growth and innovation development, EU-Startups informed.

Romanian firm Bitdefender acquires Horangi Cyber Security

Romanian global cybersecurity firm Bitdefender has completed the acquisition of Horangi Cyber Security, a Singapore-based SaaS cyber security company. The amount of the deal has not been yet disclosed, Tech.eu reports. “This is an exciting new chapter for Horangi. Our strategic

Param acquires Czech Twisto to accelerate the European expansion

Turkish fintech Param has acquired BNPL provider Twisto, aiming to expand across Europe with an initial focus on the UK, German, Dutch, Czech and Polish markets. The amount of the deal was undisclosed. “In Param, we have found a partner

Look AI Ventures joins Electric Sheep’s $500,000 pre-seed funding round

Electric Sheep, an AI tech startup in visual effects (VFX), has closed an oversubscribed pre-seed funding round for $500,000. The round was filled by AI-focused VCs, led by Dasein Capital (US), and backed by Spatial Capital (US) and Look AI Ventures (Czech Republic), who shared the