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21.10.22

Tax Competitiveness Index 2022: Estonia’s tax system tops the ranking

Tax Foundation published its annual International Tax Competitiveness Index 2022 (ITCI). It seeks to measure the extent to which a country’s tax system adheres to two aspects of tax policy: competitiveness and neutrality. As the researchers emphasized, a competitive tax

20.10.22

Romanian foodtech startup FoodKit receives €1M

The Buharest-based foodtech startup FoodKit has received €1 million to accelerate the company’s growth. The initial investment was led by Vendavour Investment Fund. Founded in 2019 by Alexandru Popescu, Andrei Gigirtu, Dragos Christian Ionita, and Mihai Pisla, FoodKit is an

20.10.22

Polish e-commerce company Selsey gets €7M from Wirtualna Polska

One of the biggest e-commerce stores, Selsey and a Polish tech holding company Wirtualna Polska have announced the acquisition of 44.5% of store’s shares. The transaction amount is almost €7 million (33 million PLN), MamStartup reports. Founded in 2013, Selsey is

20.10.22

Flo liquidates its business in Belarus. It is valued at $800M

The company behind the app for women’s health Flo liquidates its Belarusian legal entity. This decision was made at the end of September, although there were rumors about it as early as the spring of 2022, dev.by reports. Details At

20.10.22

Czech healthtech Upheal raises $1.05M in a pre-seed round

The Prague-based healthtech startup Upheal has raised $1.05 million in a pre-seed round to develop the platform for mental health professionals. The round was led by KAYA VC. Founded in 2021 by Juraj Chrappa and Martin Horvath, Upheal is an

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