Tech1. Investments - page 35

Lithuanian unicorn Nord Security secures $100M funding, valued at $3B

Lithuanian tech company Nord Security has raised another round of financing, nearly doubling its valuation in one year to $3 billion. The $100 million funding was led by Warburg Pincus, Financial Times reports.

Austria’s Greenwood Power receives €5.1M from local eQventure and tecnet equity

Brunn am Gebirge-based Greenwood Power, a provider of non-conventional transformers, has received €5.1 million in the funding round. The investment came from Austrian venture capital firm eQventure and the Lower Austrian VC fund tecnet equity. “A gigantic sales market is currently emerging for us,

Lithuanian event organizer Breezit raises $2M in funding

Vilnius-based professional event planning digital marketplace Breezit has raised $2 million in a fresh round of funding aimed at further development of the company. Practica Capital acted as the lead investor, FinSMEs informs.

Polish firm bValue Fund invests in Vidoc Security Lab

Warsaw-based investment firm bValue Fund has announced a pre-seed investment in Vidoc Security Lab, a Polish-founded platform for security experts for assets monitoring and security research. The companies do not disclose the exact amount of the deal. “We are happy

Lithuanian-founded Genus AI secures $6M in a seed round extension

Genus AI, a Lithuanian-founded generative AI platform, has secured over $6 million in a seed round extension, bringing the company’s total seed funding to $11 million. New investors include Aleph Group Inc., as well as business angels Kazuki Ohta, Magnus Lundin,

Austrian Speedinvest joins €14M Series A round for Resourcify

Hamburg-based Resourcify, the waste management and recycling platform, has raised €14 million in a Series A funding led by Vorwerk Ventures. Resourcify intends to enhance its software as a service (SaaS) offering across multiple industries. “The waste industry is growing

Ukrainian InSoft.Partners invests in Poland-founded IT company Digis

Kyiv-based software development holding InSoft.Partners has made an investment in Digis, IT solutions and consulting provider. The deal details was not disclosed. InSoft.Partners informed AIN.Capital about the investment. “We have known Nikita since 2017. He then just recently launched Digis. We

Polish logistics platform TakeDrop secures €1.1M

Wrocław-based dropshipping platform TakeDrop has secured nearly €1.1 million (PLN 5 million) after Paweł Fornalski acquired 20% shares in the company, MamStartup reports. “Dropshipping is and will always be on the rise. The largest stores and e-commerce platforms rely on their

Austrian foodtech Kern Tec raises €12M in Series A round to enter the US market

Herzogenburg-based Kern Tec, an upcycling and food tech company that turn industrial byproducts into ingredients for the food & beverage industry, has raised €12 million round led by Telos Impact. Kern Tec aims to use it to scale up production and