Tech1 - page 53

Austrian drone startup subdron raises €1.3M in a pre-seed round

Lauterach-based innovative startup subdron has raised €1.3 million in a pre-seed round to advance the underwater structures inspection with autonomous drones. The investment round was co-led by xista science ventures and Faber, with participation from Saber, EU-Startups informs.

Startup of the Day: Czech localization platform Localazy 

Founded by Vacláv Hodek in 2020, Localazy provides a continuous translation management platform that strives to make the localization and translation process efficient and easiest. It supports a wide variety of third-party integrations, frameworks, and a comprehensive range of formats

Lithuanian solar tech startup PVcase raises $100M in a Series B

Vilnius- and Kaunas-based solar project design software provider, PVcase has announced the investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe, Energize and existing investor Elephant co-led the round.  “Data risk is a technical

Polish startup Codejet raises €250k and gains 1,8k users in a month

Poland-based web design platform Codejet has raised about €250,000 (PLN 1.1 million) in a funding round led by the Terra Seed fund. With the funds, the company focused on developing and testing its tools, primarily for international users, AIN.Capital learned

Poland’s Thorium Space secures €900k from Smartlink Partners

Polish satellite manufacturer Thorium Space has secured almost €900,000 (PLN 4 million) in financing from Smartlink Partners. This is the first investment for the fund co-created by Polish entrepreneurs, My Company Polska reports. “The Smartlink Partners fund is another large

Ukrainian streamer Leb1ga reached #1 on Twitch and collected over €200k for the army

On July 16, 2023, Ukrainian blogger Mykhailo Lebiha (Leb1ga) held a Twitch fundraiser to buy Sych drones (“Сич”) to help the Ukrainian army. In just a few hours, Leb1ga’s stream managed to collect over €200,000 (UAH 8 million). “It’s four

Polish nanoprint company XTPL raises €8.2M as part of the Series V share offering

Wroclaw-based nanoprint solutions supplier XTPL has raised over €8.2 million (PLN 36.5 million) during its Series V share offering. As the result of the round, all 275,000 ordinary bearer shares offered were acquired for the issue price of €29.86 (PLN

Ukrainian InSoft.Partners acquires a stake in Noltic. Its market cap now is $40M

The software development holding company InSoft.Partners has acquired a stake in the niche company Noltic, which focuses on salesforce. The parties have not disclosed the size and details of the deal. However, it is known that it was not a

Slovenian biotech GenePlanet receives €20M in Series B led by BlackPeak Capital

Ljubljana-based GenePlanet, a biotech company specializing in genetic testing solutions, has received €20 million from Bulgarian firm BlackPeak Capital and other investors. It will enable to develop new products and invest in big data infrastructure, BlackPeak Capital informed AIN.Capital. “Preventive

Polish robotics company Kogena secures €902k from JR Holding

Wroclaw-based robotics and automation company Kogena has secured about €902,000 (PLN 4 million) in financing from JR Holding. As the result of the investment deal, JRH will acquire 20% of shares in the company, Strefa Inwestorow informs. “Kogena’s team is