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Promodo invests $100k in JustWork, a newly launched marketplace for marketers

JustWork, a marketplace for marketers, has been launched in Ukraine. The platform was in a demo mode since 2021, and today it saw official release. Promodo, a prominent Ukrainian marketing agency, invested over $100,000 in the project. Serhiy Bilobrov, CEO

SPINAKER alfa invests in Swepee, a Polish robotics company

Sweepee, a Poland-based robotics company, has joined SPINAKER alfa’s group of portfolio companies. The startup develops an autonomous sweeping robot capable of navigating in an environment of various characteristics and planning its own activities, MamStartup reports. “The experience and strong competence of

Ukrainian fund Flyer One Ventures outperforms the EU market by at least 50%

Vital Laptenok, General Partner at the Ukrainian VC firm Flyer One Ventures, shared the fund’s performance results. According to Vital’s LinkedIn post, the fund’s returns are much better than the average returns in Europe. “I’m extremely proud of our startups and

Round2 Capital Invests 7-figure amount in German Betterspace

Betterspace, an Ilmenau-based provider of software and hardware solutions, has raised an undisclosed amount of investment from Austrian Round2 Capital. The company intends to use the funding to develop its solution and expand operations.

Finnish startup Spinnova receives €1.9M in a grant from Business Finland

Finland-based sustainable material startup Spinnova has received a €1.9 million grant from Business Finland. The funding will help the company to develop the technology that converts materials like wood and waste into textile fibres without the use of harmful chemicals, Arcticstartup

Startup of the Day: Formaloo, Estonian no-code collaboration platform

Tallinn-based Formaloo offers a no-code platform that enables business teams to build custom business applications, internal tools, and customer engagement tools. Founded in 2020 Formaloo aims to democratize software development and claims that its platform helps to save 19 hours

Latvian startup Swotzy secures €500k pre-seed round from Black Pearls VC

Riga-based logistics startup Swotzy has secured €500,000 in a pre-seed funding round led by Black Pearls VC. The existing investor, FIRSTPICK, also joined the round, which will help the company to accelerate product development and strengthen its presence in the

Ukraine will have a pavilion at Gamescom 2023. S.T.A.L.K.E.R and Metro devs will be there

This year, the world’s largest gaming conference Gamescom will have a Ukrainian pavilion for the very first time. Its participants will include well-known Ukrainian game studios, as well as startups and indie developers. The conference will take place on August

Inventure joins €7.5M round for CodeScene, Swedish SaaS company

CodeScene, a Malmö-based company, which specializes in Software Engineering Intelligence (SEI), has received €7.5 million in funding. The round was led by Neqst, with participation from Luminar Ventures and Inventure. The company intends to use the funds to further enhance

Hungarian startup iBar Experience secures $500k from Hiventures

Hungarian restaurant management software startup iBar Experience has secured $500,000 in a seed round of funding. Hiventures, one of the largest venture capital funds in the CEE region, provided the funds to fuel iBar’s further development and expansion plans. “This