Countries

Petcube launches an updated Cam 360, priced at $53

Ukrainian company Petcube has launched a new generation of compact cameras for animals, Petcube Cam 360. This was announced by the company’s co-founder Andrii Klen. “The previous Cam broke all sales records, but most importantly, it helped people take better

Estonian AI startup Fyma secures $2.1M investment from Quandri Ventures

Estonian AI startup Fyma has secured $2.1 million in an investment round led by Quandri Ventures with participation from Second Century Ventures, Startups Magazine reports. “Fyma stands at the forefront of AI automation, delivering fresh insights to global property and

Ukrainian entrepreneur challenges traffic fine with AI and wins a 75% reduction

When Oleksandr Gamaniuk, a Ukrainian tech entrepreneur currently residing in the U.S., received a speeding ticket, he was faced with a complex challenge. With no previous knowledge of how to fight fines and awareness that lawyers could charge a hefty

Estonian biotech ÄIO receives a €30k Tech Validation award

Tallinn-based biotech startup ÄIO has received a €30,000 Tech Validation award at the EIT Food Accelerator Network event. This award will help with further product development. Earlier this year, ÄIO raised €1 million to increase the production capacity of alternative

Finland’s Moflix closes $3.1M round to accelerate Web3 adoption

Moflix, a startup that provides telecommunication solutions, has announced the raising of a $3.1 million seed funding round led by The Hashgraph Association. The funding will be used to refine and extend its Web3 offerings.  “At Moflix, we aim to build the most

Finnish cleantech SpinDrive raises €3.8M to cut down on industrial energy waste

SpinDrive, a Finland-based cleantech company, has raised a €3.8 million Series A funding round. Rhapsody Venture Partners led the round, with Innovestor and Born2Grow also participating, EU-Startups reports. “Climate change is the biggest challenge of our time, but we often

Finnish Kvanted Ventures announces €70M Nordic Industrial Technology Fund 

Kvanted, a new Finnish early-stage venture capital firm, has announced to AIN.Capital the launch of its first fund of €70 million for industrial startups. Among its first investments are Estonian startup Fractory, and Resoniks, a Dutch-Finnish company. “There has been

Justtag Group acquires Relevant Audience to enter the Scandinavian market

Polish company Justtag Group, one of the largest data-as-a-service platforms in CEE, has acquired Relevant Audience, a Finnish business, as it looks to expand into the Scandinavian market. The companies shared the news with AIN.Capital via press release. “We have

Estonian RAIKU secures €8.8M funding from EIC Accelerator

Estonian sustainability startup RAIKU has announced the closing of a €8.8 million funding round led by EIC Accelerator and the private sector. The company has developed an innovative packaging filling material. “In Europe, only about 60% of packaging is recycled,

Warsaw Equity Group and TS Ventures exit Piwik PRO with 4.1x return

Warsaw Equity Group has announced its joint exit with TS Ventures from Piwik PRO, a Wroclaw-based web analytics company. The exit concluded a six-year partnership, achieving a 4.1x cash-on-cash return. “We are thrilled to have had the opportunity to support