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18.12.23

Bulgarian steel packaging manufacturer Bulmetal secures €4.2M during IPO

Bulgarian metal packaging manufacturer Bulmetal has secured €4.2 million during its initial public offering (IPO) on the Bulgarian Stock Exchange. The startup plans to use the funds to expand its production capacity. “We firmly believe in sustainable waste management. At

18.12.23

Quantum Systems prepares to open R&D center in Ukraine

The German UAVs manufacturer Quantum Systems is creating a separate R&D center in Ukraine and plans to hire specialists there, DOU reports with reference to Country Chief Operational Officer of the company Oleksandr Berezhnyi. In late October, 2023, Quantum Systems

18.12.23

Polish fintech Wealthon raises €7.4M from funds and debt financing

Wealthon, a Warsaw-based lending firm, has raised around €7.4 million (PLN 32 million) for the development of financial services for entrepreneurs. The funds came from the 4growth fund and NCBR Investment Fund, with €4.6 million as part of debt financing.

18.12.23

Czech-founded KKCG acquires Avenga, an IT platform with a large office in Ukraine

The European investment and innovation group KKCG acquired the IT company Avenga. The amount of the deal was not disclosed. The company told AIN.Capital the news on December 15, 2023. KKCG is an investment and innovation company specializing in the

15.12.23

Estonian startup Salv raises €3.9M in a new funding round

Tallinn-based regtech startup Salv has announced that it raised an additional €3.9 million in a new funding round, bringing a total of €12.1 million in obtained investments to fuel its UK expansion. “Currently, the UK market is experiencing a sharp

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