news - page 231

Finland’s Lifeline Ventures raises €150M for its fifth fund

Helsinki-based early-stage VC firm Lifeline Ventures has raised €150 million for the fifth fund — its biggest one to date. Several pension funds backed the firm to allow Lifeline Ventures to continue investing in Finnish startups, Sifted reports.

Hungarian agtech Proofminder receives €400k round from Impact Ventures

The Budapest-based agtech startup Proofminder that provides a leaf-level farming platform has received €400,000 from Impact Ventures. With the fresh round, the startup aims to start the global expansion.

Latvian Merito Partners acquires majority stake in AIOO, mobile device accessory retailer 

The Riga-based Merito Partners’ private equity fund has acquired a majority stake in AIOO, retailer of mobile device accessories and used smartphones. The amount of the deal is €3 million.

Zubr Capital plans to invest in Ukrainian startups. It is a Belarusian fund

Recently, an investment fund called Zubr Capital began to be mentioned more often in Ukraine. Several Ukrainian startups reported that representatives of the fund approached them with an investment proposal. Some agreed, but didn’t announce the deals. The reason is