Tech1 - page 29

Latvian Exponential Technologies gets €280k from the Horizon Europe program

Riga-based startup Exponential Technologies has received €280,000 funding from the Horizon Europe program. This funding is meant to support their efforts in developing advanced multi-material 3D printing techniques using machine learning and data science, ArcticStartup reports. “This is our first

Poland’s Internet Ventures (IV) FIZ exits Focus Telecom and liquidates the fund

Internet Ventures FIZ (MCI Capital Group) has announced the exit from its last investment in Focus Telecom. Via the transaction, Internet Ventures plans to return all invested costs to investors and then liquidate the fund. The exit details About Focus

Lithuanian medtech Sentante secures €6M in a Seed round led by Practica Capital

Kaunas-based pioneering medical device company Sentante has secured €6 million in a Seed funding round led by Practica Capital with the participation of the EIC fund. The funds will help with the clinical trials of the Sentante robotic system and further product launch.

The EU-backed Seeds of Bravery allocates €20M to support Ukrainian tech startups

The European Union will allocate €20 million through the “Seeds of Bravery” (UASEEDs) project to strengthen deep tech startups in Ukraine. Participants will be able to cash up €10,000. The Seeds of Bravery project was initially announced in May 2023.

Global BPO company Helpware acquires eTeam. Both have major teams in Ukraine

Helpware, a technology-driven American outsourcing company, has announced the acquisition of eTeam, a digital product development agency. The deal marks a strategic development in Helpware’s Digital Business Transformation initiative.  “The addition of eTean marks a key step in our ability to operationalize

Russians copied Finnish FPV simulator which supports Ukrainian military

The Russian game studio HFM Games released its own “analogue” of the Finnish FPV simulator game Death from Above, which allows you to play as a Ukrainian military. The difference between their releases is less than eight months. This was

Startup of the Day: Bulgarian foodtech Ancestral Superfoods

Ancestral Superfoods, a Bulgarian startup co-founded by Jivko Djamiarov, Elena Gerganova, and Georgi Gerganov, specializes in the development of health-enhancing “live and functional” foods, leveraging natural processes. The startup claims its products support the gut health, brain functions, immune health, and boost metabolism. Recently, Ancestral

UK-based Fiat Republic secures $7M from Poland’s Inovo VC

London-based Web3 enabler Fiat Republic has secured $7 million worth of investments to bridge gap between crypto and traditional banks. The seed round was joined by Poland’s Inovo VC, Kraken Ventures, Fabric Ventures, Arca, and Pretiosum Ventures. “It’s great to

Polish startup Quesma raises $2.3M from Heartcore and Inovo VC

Warsaw-based startup Quesma has raised $2 million in a pre-seed round co-led by Heartcore and Inovo VC. The company aims to help customers innovate faster by reshaping how applications are built and connected to their database. Quesma announced the round

Czech company UltimateSuite gets acquired by ServiceNow

Tensor Ventures has announced its first exit after its portfolio company UltimateSuite had been acquired by the US-based company ServiceNow. The 100% share acquisition will help ServiceNow to bolster its automation and AI capabilities. “Task mining is key to revealing