news - page 168

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.