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22.11.22

Polish bValue launches €100M fund to invest in later-stage tech startups from CEE

The Warsaw-based bValue has announced opening of its third fund bValue Growth to invest in companies from the CEE. The fund has already completed the first closing of €72 million, and aims to increase its capital to €100 million. “We

22.11.22

GlobalLogic acquires Romanian engineering company Fortech

GlobalLogic Inc., a Hitachi Group company, announced that it has signed a definitive agreement to acquire Fortech, a software engineering services company based in Romania. Terms of the transaction were not disclosed. “This acquisition will further enhance GlobalLogic’s presence in Europe,

21.11.22

Polish PKO VC sells Applica.ai’s shares and makes its first exit

PKO VC, a fund belonging to PKO Bank Polski, has sold its shares in the Polish-British company Applica.ai to the American company Showflake. The companies do not disclose the amount of the deal, which became the first exit for PKO

21.11.22

Noventiq acquires majority stake in Serbian IT company Saga Group

Global digital transformation and cybersecurity solutions provider Noventiq announced the acquiring the majority stake in Serbian IT company Saga Group. The deal will allow bringing over 400 expert staff to Noventiq, and to expand expertise from Saga’s and its IP

21.11.22

Slush has revoked €1M prize for Russian-founded Immigram

A few days ago, Immigram, a Russian-founded startup that helps tech specialists, including Russian ones, relocate to the UK, won the Slush 100 Pitching Competition. It was awarded with €1 million investment, coming from five top venture capital funds — Accel, General

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