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19.04.23

European VC deal value falls 32.1% to €11.8M in Q1 2023 — Pitchbook report

In Q1 2023, European VC deal value and count fell to €11.8 billion (>32.1%) over 2,758 deals (>19.2%) amid a challenging deal making environment. European VC exit activity also deteriorated for 69.6%, as unfavourable macroeconomic conditions and weaker valuations dampened

19.04.23

Lithuanian paper bag manufacturer Bagfactory raises funds from Livonia Partners

Pan-Baltic private equity fund Livonia Partners has invested in Lithuanian eco-friendly machine made reusable and paper bag producer Bagfactory. The transaction is anticipated to conclude by the beginning of this summer. “In 2022, with scientists from Kaunas University of Technology,

19.04.23

Finnish biotech eniferBio raises €11M in Series A funding

Espoo-based biotech startup eniferBio has raised €11 million in Series A round of funding led by Aqua-Spark to produce eco-friendly fungal protein. Tesi, Valio, Voima Ventures, and Nordic Foodtech VC have also joined the round, ArcticStartup reports. “We are extremely excited to have our

19.04.23

Visa announces open-calls for a global innovation competition for fintech startups

Applications are now open for the 2023 edition of the Visa Everywhere Initiative 2023 (VEI), a global open innovation competition that sees startups pitch their solutions to solve payment and commerce challenges. VEI winners will get monetary prizes, as well as

18.04.23

Finnish Giosg acquires Whisbi, Spanish live shopping supplier Whisbi

The Helsinki-based Giosg, a live commerce platform for marketing, sales, and customer engagement has acquired Whisbi that provides a conversational platform for B2C enterprises. The amount of the acquisition was not disclosed. “The future together is looking bright. We find

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