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31.05.23

Unified payments platform NomuPay raises $53.6M in Series A round

Unified payments company NomuPay has raised $53.6 million in Series A funding. It is formed by VC Finch Capital out of its 2021 acquisitions of Wirecarda assets, as well as local businesses like Lithuanian company Cardinity (Click2Sell), TechCrunch reports. “Under the

31.05.23

Adobe renews licenses for users from Russia for free

It recently became known that Adobe automatically renews licenses for Russian users free of charge. According to the Russian mass media, the company is doing this “to preserve the loyalty and support of its users in a difficult period.” Russian

30.05.23

Estonian Plural Platform co-leads €7M round for Proxima Fusion

Estonian VC firm Plural Platform has co-led a €7 million pre-seed funding round for Proxima Fusion, a German startup designing fusion power plants. UVC Partners is another co-investor, joined by High-Tech Gründerfonds and the Wilbe Group, Silicon Canals reports. “Stellarators offer

30.05.23

Finland, Estonia, and Lithuania are in top 20, Ukraine ranks 49th — Startup Ecosystem Report 2023

StartupBlink has prepared this year’s iteration of its Startup Ecosystem Report. The report explores the world’s top 100 countries and 1,000 cities, ranked by startup ecosystem strength. Finland, Estonia, and Lithuania managed to get in top 20 and Ukraine got

30.05.23

Estonian TextMagic acquires a website-building platform Voog in a €1.1M deal

The Tallinn-based SMS company TextMagic has announced the acquisition of Voog, the website-building and e-commerce platform. The amount of the deal was €1.1 million. It will allow TextMagic to build, buy, and manage a diverse B2B SaaS products portfolio. “The

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