Countries

Kuva Space, Finnish Earth observation firm, announces €16.6M in a Series A round

Kuva Space has announced the raising of €16.6 million funding round to launch its microsatellite constellation. The investment was backed by Voima Ventures, Nordic Foodtech VC, Earth VC, Springvest, and Business Finland. About Kuva Space: Investors’ list: “We are extremely

Startup of the Day: myTU, Lithuanian mobile banking platform

Founded by Raman Korneu and Tomas Navickas, myTU is a digital banking platform. It offers payment and loyalty solutions for private consumers and business clients with focus on travel and hospitality industry. The startup has already boasted over 25,000 customers.

Finland’s Wirepas raises €20.7M to build low-cost wireless IoT networks

Wirepas, a Tampere-based company building scalable fail-proof IoT networks, has raised €20.7 million in a funding round led by Highland Europe. Amalfi and IQT also joined the round, along with existing investors ETF Partners, KPN Ventures, Vito Ventures, and Vesa

Finnish climatetech Kausal secures €880k funding

Helsinki-based Kausal, a climatetech platform, has secured a €880,000 funding round to boost its sales and marketing in the DACH region and North America, Tech.eu reports. The investment came from Innovestor and Zubi Capital. “Kausal’s diverse clientele, spanning cities and governments worldwide, actively

Serbia-Estonian OTA Sync closes a €1.3M seed round led by Presto Ventures

Tallinn-based OTA Sync, a hospitality tech startup has closed a €1.3 million investment led by Presto Ventures and joined by Katapult Accelerator, TS Ventures Fund, DSI Group of Business Angels, Startup Wise Guys, and California Expert Fund DOJO. “This is

European Film Festival comes back to Russia over a year after starting the war in Ukraine

The European Film Festival has decided to return to its Russian viewers in an online format, the EU Ambassador to Russia announced. The news comes only a year and a half since the Russian Federation started the genocidal war against

Ukrainian delivery Nova Post launches its first office in Latvia

Ukrainian delivery service Nova Post has launched its first office and courier services in Latvia, located at the address: Tērbatas iela 30, Centra rajons, Rīga, LV-1011. Latvia became the third Baltic country and the eighth European country where Nova Post

Ukrainian edtech Preply opens US office and undergoes rebranding

Ukrainian EdTech platform for learning foreign languages Preply has opened its first American office. It is located in New York, in the local co-working space The Malin. The company’s press service informed “Forbes Ukraine” about the news. Rebranding In addition

Finnish biochemical company Montinutra announces €2M in pre-A funding led by Metsä Spring

Montinutra, which converts forest industry side streams into high-value bioactive products, has announced a €2 million round led by Espoo-based Metsä Spring, with the participation of syndicate of private investors. The company aims to reach €100 million in annual revenue by