Tech1 - page 17

SP Tech Solutions raises nearly €3M to optimize rail transport

Polish company SP Tech Solutions has secured a new funding round, nearing €3 million (PLN 10 million). The fresh capital from Vinci HiTech fund will fuel further technological development, expand its features, and support international market expansion. The company told

Ukraine’s Roosh and Tiny Studio to invest $10M in tech companies

Ukrainian Roosh and Canadian Tiny Studio have informed AIN about the launch of its first partnership project Roosh X. The project will target profit-focused tech sector companies with over $5 million revenue, aiming to invest up to $10 million total.

Romanian startup Nordensa secures €1.65M for its football talents platform

Nordensa, a Cluj-Napoca-based startup that provides a fan-powered platform for football talents, has secured €1.65 million in a seed round. The round took place with the participation of the company’s Advisory Board and Head of Marketing at Manchester City Football Club. Football boasts over

Over 1000 startups raised €2.1B of investments in 2023 — CEE report 2024

Over the last years marked by many challenges, Central and Eastern Europe has showcased unmatched resilience and innovation. The combined enterprise value of startups in the CEE startup ecosystem has grown by 2.4 times in the past 5 years, from

Polish-founded OTB Ventures will invest $185M in European deeptech thanks to NATO backing

OTB Ventures, one of the leading early-growth investor in Europe with Polish roots, has announced the closure of its Fund II, after the backing from the NATO Innovation Fund worth $185 million. The fresh fund will invest in European deeptech

Czech fintech Flowpay raises €2.1M in a seed round

Prague-based fintech startup Flowpay that uses predictive AI models, automation and Embedded Finance has informed AIN about its fresh €2.1 million seed investment round. The round was backed by Techstars, Soulmates Ventures, and DEPO Ventures. The investment will help Flowpay

UK-Bulgarian cargo drone airline Dronamics receives €10M from EIC

Dronamics, a Bulgarian-founded cargo drone airline, has announced a €10 million equity investment provided by European Innovation Council (EIC). The financing follows the earlier grant in the amount of €2.5 million under the Accelerator program in November 2022.  The continued

Russia is likely using US satellites for missile strikes on Ukraine – The Atlantic

When launching missile strikes against Ukrainian targets, the russian military may be relying on images taken by the American satellites. This is reported by The Atlantic with reference to sources in the Armed Forces of Ukraine. Getting satellite images is

Warsaw Equity Group signs an investment agreement with Vireo Ventures

Warsaw Equity Group has announced an investment agreement with German Vireo Ventures, an early-stage investor focusing on European B2B startups. The deal is WEG’s last investment in a VC fund. The deal amount was left undisclosed. We’re thrilled about WEG’s

Fintech investments dropped to lowest level since 2017 — KPMG H2 2023 report

In 2023 the total fintech investments decreased to $113.7 billion globally and the number of fintech deals reached 4,547. The numbers are the lowest level since 2017. Fintech investors became more cautious with their investments due to the high interest