Tech1 - page 27

Startup of the Day: Fintellect, a Ukrainian fintech startup

Fintellect was co-founded by Yegor Walowski and Danylo Golota in October 2023. The startup develops a financial tool for web studios, IT companies, digital agencies, and other types of companies from the creative and technology industries. Currently, the company has about €3,000 MRR,

Austria’s Speedinvest joins a €3M seed round for Dutch tibo energy

Dutch startup tibo energy has announced the closing of a €3 million seed funding to grow its team and expand internationally. The investment was led by SET Ventures, with participation from Austrian VC firm Speedinvest.  The investment details: Since the soft product launch

Polish edtech Multilango secures €400k from Pathfinder and EKIPA Investments

Polish edtech startup Multilango.com has secured around €400,000 (PLN 1.75 million) investment from Tar Heel Capital Pathfinder, EKIPA Investments, and an undisclosed private investor. The startup is developing a platform enabling employers to offer foreign language learning as an employee

Romanian energy tech Ogre AI raised €625k in funding

Bucharest-based energy sector solutions provider Ogre AI has announced raising €625,000 in funding from Czech Soulmates Ventures in December 2023. Romanian Early Game Ventures and Matei Stratan, CEO of Ogre AI, also joined the investment. Our main objective is to become the leading

Polish biotech startup Bioceltix secures €2.5M to improve veterinary therapy

Wrocław-based biotech startup Bioceltix has signed a co-financing agreement with the Polish Agency for Enterprise Development. Additionally, it has secured around €2.53 million (PLN 11 million) in subsidies under the European Funds for a Modern Economy (FENG) program. The startup is

Latvian Aerones receives €4.4M grant from EU’s Innovation Fund ​

Aerones, a Riga-based company specialising in robot-enabled turbine inspection and maintenance services, has received the Innovation Fund grant of €4,416,000. The startup will use the funds to produce and deploy wind turbine blade leading edge repair robot sets.  The deal

Czech Presto Ventures leads $330k pre-seed round for Wempler

Wempler, Georgian marketplace for task delegation, has raised a $330,000 in a pre-seed round led by Presto Ventures. The investment will be used for product development and market expansion.   It’s always a pleasure to work with founders who are driven,

Luigi’s Box acquires Persoo. The deal marks the first full exit for Presto Ventures

Fast-growing Slovak company Luigi’s Box has announced the acquisition of their Czech competitor, Persoo. The multi-million deal will strengthen the company’s position as the search optimization leader in the Czech and Slovak markets. “This opportunity has come at the right

Ultimate events guide 2024: top tech conferences to attend in CEE

European startup market is one of the leading in the world which raised, despite the global decline, €53.4 billion in 2023 according to Pitchbook’s report. However, Central and Eastern Europe still remains mostly an unacknowledged region, despite its constant growth and

Ukrainian Fintellect raises $50k from ZAS Ventures

Ukrainian Fintellect, which develops a financial application for businesses, has raised $50,000 from venture capital firm ZAS Ventures. The current round is still but will be used to strengthen the team and support the infrastructure, Fintellect informed AIN.Capital about this.