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20.02.23

Lithuanian startups raise €295M and are worth €9.5B, up 16.8 times since 2017 — Dealroom report

The rate of investments in Lithuania actually accelerated in 2022 despite a global softening in tech investments that began in 2021. Excluding megarounds, funding in Lithuania reached €295 million in 2022 and showed 16.8 times growth between 2017 and 2022.

20.02.23

Moldovan edtech Bloomcoding raises €1M from three European VC funds

Bloomcoding is an edtech startup that offers an online after-school platform for children using AR and VR technologies. The company has raised €1 million from Credo Ventures, Inovo VC, and u.ventures to accelerate its presence in CEE markets and to

20.02.23

Finnish startup Safegrid raises €5.7M for its Smart Grid monitoring solutions

Helsinki-based startup Safegrid has raised €5.7 million in a growth round of funding. Ajanta Innovations led the round, which also saw participation from Tesi, Grid.VC, and several angel investors, to accelerate Safegrid’s international expansion. “This urgent investment drive and subsequent need

17.02.23

Polish studio Black Rose Projects receives €750k in funding

Poland-based studio Black Rose Projects has received €750,000 (PLN 3.6 million) in funding from the National Center for Research and Development. It will develop a tool for processing game assets faster, MamStartup informs. “As a rule, development studios purchase ready-made

17.02.23

Bulgarian fintech TouchMenu secures €370K to digitize the HoReCa industry

The Sofia-based startup TouchMenu which develops interactive digital platforms for hotels, restaurants, and cafes has secured €370,000 to expand its services on a regional level and conquer new markets. The fresh round was led by New Vision 3. “TouchMenu offers

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