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11.04.24

Startup funding in Finland showed record amounts in 2023 – FVCA study

Finnish startups raised a total of €871 million in growth funding in 2023. This marked a decrease of about half compared to the preceding year’s record-breaking €1.7 billion. However, despite the challenging market conditions, Finnish venture capital funds managed to

11.04.24

Bulgarian e-commerce startup Rush is acquired by Shop Circle

Sofia-based e-commerce tech startup Rush has been acquired by Shop Circle, now being fully managed by the company. The process will take a few months in order to fully implement the new strategy. Scaling a successful SaaS requires time, effort,

10.04.24

Ukraine’s Mantis Analytics joins the Alchemist Accelerator, raising $30,000 investment

Mantis Analytics, a Ukrainian AI startup for risk management, has announced that it has joined the Alchemist Accelerator, one of the largest accelerators for early-stage B2B companies. As the startup informed AIN, they also raised an investment of $30,000 from

10.04.24

Ilya Boshnyakov becomes the regional director of Viber in Ukraine

Rakuten Viber has informed AIN about the recent appointment of Ilya Boshnyakov, the former owner of AIN, as regional director in Ukraine. Previously, Atanas Raykov from the office in Sofia, Bulgaria, was responsible for the role. Ilya will be responsible

10.04.24

Finland’s Alvar Pet acquires Verkkokauppa Kivuton, an online pet health store

Helsinki-based pet food brand Alvar Pet has acquired Verkkokauppa Kivuton, an online store focusing on pet health, while partnering with Juuri Partners, a Finnish growth investor. The acquisition allows Alvar Pet to combine its expertise in pet nutrition with Kivuton’s focus on

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