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Bulgarian company Cupffee raises €1.8M for its edible coffee cups

Plovdiv-based foodtech startup Cupffee has raised €1.8 million through a pre-seed round from Eleven Ventures and a grant from the EIC. The company produces and commercializes edible coffee cups and stirrers, the Recursive reports.

Polish startup Metaverse Planetary secures €2.8M from nChain

Krakow-based startup Metaverse Planetary has secured €2.8 million (PLN 10 million) to develop its social media app set completely in the metaverse. The British company nChain provided the funds, MamStartup reports. “This is an exciting addition to our developing Web3

Romanian insurtech FlowX.ai raises $35M in a Series A round

The Bucharest-founded FlowX.ai that helps businesses to digitize their internal processes, has raised a $35 million in a Series A, the largest Series A in the history of the Romanian startup ecosystem. The round was led by Dawn Capital, with

Record €298M raised by Baltic PE/VC funds — 2022 market overview

Despite being a relatively young market, the Baltic PE/VC industry has shown substantialgrowth. In 2022, capital raised by Baltic funds reached €298 million, a year-over-year increase in capital raised is over 130%. Baltic funds completed over 220 transactions, investing a