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07.02.23

Compensations fully paid: Details of layoffs at Astound Commerce

As AIN.Capital has been informed, Astound Commerce now faces a significant personnel reduction. The tech company stated it would affect less than 15 percent of its global staff. According to AIN.Capital’s sources, who are familiar with the current situation, actual numbers are higher. Who was

06.02.23

Hungarian anti-fraud company SEON acquires Complytron, AML/KYC screening tools provider

The Budapest-based SEON, the developer of an anti-fraud platform, has acquired compliance and AML specialist firm, Complytron. The terms of the deal are not officially disclosed. According to TechCrunch estimate, the amount of the deal is €2.5 million. “Less than

06.02.23

Estonian medtech Nanordica Medical raises €375k in a seed round

Tallinn-based medtech startup Nanordica Medical has raised €375,000 in an oversubscribed seed funding round. Estonian health and startup investors including Erki Mölder, Heidi Kakko, and Martin Goroško led the round, ArcticStartup reports. “Our solution provides 8 times more effective infection treatment compared to

06.02.23

Estonian cybersecurity startup RangeForce secures ＄18.5M

Estonia-founded cybersecurity startup RangeForce has raised $18.5 million in fresh funding from undisclosed investors. The round was closed back in December 2022 to deal with the shortage of cybersecurity professionals, Invest in Estonian informs. “RangeForce is proof that success is

03.02.23

Polish NapiFeryn BioTech receives €2.5M from Dutch Icos Capital

The Lodz-based startup NapiFeryn, creator of technology for obtaining rapeseed protein from side-streams of oil pressing, has announced the receiving of €2.5 million investment. The round was led by Icos Capital and joined by a Polish family office.

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