Alexandra Minchuk

List of Hungarian startups to watch out for in 2020

According to the data of the StartupBlink global research center, the startup-ecosystem of Hungary is ranked 39 out of 202. The most favorable conditions for startup development are created in Budapest. It has become a startup center with a huge

Estonian fintech Planet42 raises $2.6 million

Planet42, a rent-to-buy company, has raised $2.6 million in a seed round. The round was led by Change Ventures with participation from private backers such as Martin Villig, Ragnar Sass, Marko Virkebau, Kristjan Vilosius, and some other Estonian tech entrepreneurs.

Tallinn-based So.Fa.Dog closes an investment round of $714K

So.Fa.Dog, an Estonian startup, a video news mobile app, has closed an early investment round of $714K from 32 investors, including the CEO of LHV Group Madis Toomsalu, entrepreneur Kristjan Mitt, Planet 42 founders Eerik Oja and Marten Orgna with

Finnish startup Quuppa raises $23 million to accelerate its growth

Helsinki-based Quuppa, a global provider of Real-Time Locating Systems (RTLS), has received $23 million in its first-ever round of funding. The round was led by Finland-based private equity fund Bocap and Tech Consulting Group TCG Oy, which focuses on innovations.

Finnish company Supermetrics raises $47 million in a new funding round

Helsinki-based Supermetrics, the data management and analysis tool for marketers, has raised $47 million in new funding round. The round was led by Highland Europe with participation from IVP, Amit Agarwal, chief product officer at Datadog, and Ilkka Paananen, chief

Hungarian startup Shapr3D secures $6.5 million series A funding

Shapr3D, the Budapest-based producer of a 3D CAD modeling app for the iPad Pro, has announced a $6.5 million Series A funding from top European early-stage venture capital firms Point Nine and Creandum (one of the original investors in Spotify).

Finnish startup Monidor raises $1.1 million

Oulu-based Medtech startup Monidor, a developer of digital health-monitoring devices, has closed its latest investment round worth $1.1 million. The round was led by the deep tech fund Voima Ventures and Innovestor. Previous, Monidor has been supported by Butterfly Ventures

Tallinn-based fintech EvoEstate closes its $381K pre-seed round

Estonian fintech startup EvoEstate has announced a pre-seed extension of $167K which closes its $381K pre-seed round. The company has been funded by Lithuania’s Startup Wise Guys, a Hong Kong investment fund, and business angel investors from France and the

Sparkmind.vc invests $829K in Finnish startup Playvation

Playvation, a Helsinki-based startup, focusing on digital language learning solutions, has raised $829K funding in a seed round led by Sparkmind.vc. Playvation has raised a total of $1.7 million since its inception in 2015.   Founded in 2015 by the CEO