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02.05.23

45% of investments made are failures or have low returns — new European VC report

Nearly half, 45%, of investments made by the European venture capitalists turn out to be failures or reach less than 2x of invested capital. This concludes a group of researchers from European business schools and universities in a new report

02.05.23

Edible Brands has dismissed more than 50 Ukrainian employees with no final payoffs

The US company Edible Arrangements (Edible Brands) fires more than 50 employees of the Ukrainian team back in November 2022 without any warning, according to the developer Pavlo Buidenkov. He noted that the company still has not settled with its

02.05.23

Ukrainian aviation startup InputSoft raises $250k. SID Venture Partners is among the investors

InputSoft, a startup that provides web-based software solutions for the aviation industry, has raised $250,000 from Ukrainian VC fund SID Venture Partners, Sigma Software Labs, and Torino Cities of the Future Techstars Accelerator. According to the AIN.Capital information, the round hasn’t

02.05.23

Estonian startup Spacedrip raises €1.5M to build water treatment robots

Estonian startup Spacedrip has raised €1.5 million in fresh funding to develop water treatment robot technology. The tech can purify domestic wastewater back to clean reusable water. Spacedrip will use the funds for product development and expansion into foreign markets,

28.04.23

Latvian Adventum Tech wins the Fifty Founders Battle at TechChill 2023

The annual TechChill pitch competition called Fifty Founders Battle has announced the winner of this year, 2023. Codigy, Sisko, Green Growth, ZENOO, and Adventum Tech were the five finalists, with Adventum Tech taking the winning prize of €11,000 and up to €50,000 from Buildit Accelerator.

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