News

Bulgarian launchlabs Sofia launches foodtech accelerator. Startups can get up to €200k

launchlabs Sofia, an international business redesign studio, has launched a food technology innovation accelerator, Future Verticals. The program will be financed by Bulgarian venture capital fund Vitosha Venture Partners and other program’s mentors. Startups can receive funding between €20,000 and

Hungary refuses to join EU Startup Nations Alliance as gender diversity is among its values

Hungarian government refused to become a member of the European Startup Nations Alliance (ESNA) aimed at supporting startups in the EU. The reason is that the declaration needed to be signed to join it contains a clause mentioning gender diversity, Sifted reports.

Estonian-founded fintech Change secures €2M in a funding

The Amsterdam-based Change, crypto investment company, has secured €2 million of investment from Andromeda Capital Partners Suisse AG. The investment will be spent for the further development and expansion, Tech.eu reports. “Change is a rapidly growing fintech, providing everyone in

33 years old Oxford University graduate from the UK — portrait of European unicorn founder

Davide Sangiovanni, Founder and General Partner at Graffiti Ventures, analyzed the background of 100 European unicorn founders and shared the results on his LinkedIn page. His research is focused on education, business experience, nationality, gender, and age of the founders.

AI like ChatGPT can in some way automatize almost 300 million jobs 

According to Goldman Sachs report, more than 300 million full-time jobs around the world could be automated by modern AI-technologies like ChatGPT, CNN writes. “Although the impact of AI on the labor market is likely to be significant, most jobs

Ukrainian entrepreneur develops Chrome plugin using ChatGPT. Already making money

Ihor Stefurak, a Ukrainian entrepreneur, told AIN.Capital how he created a Chrome plugin with the help of ChatGPT. The chatbot itself was the project’s developer and technical co-founder: It optimized the code and gave some advice. As a result, Mr.

VC funding in CEE in 2022 increased by €0.5B and exceeded €5.9B — Vestbee’s report

The investment in European-based startups in 2022 exceeded €90 billion, indicating a decline of more than 15% from the previous year, Vestbee’s report states. Meanwhile, the CEE ecosystem demonstrated resilience, surpassing €5.9 billion in deals and with over 1100 financial

Ukrainian and American engineers develop RG-7 anti-drone rifle costing $12,000

The founder of DroneUA, Valeriy Iakovenko, wrote about the new anti-drone rifle called RG-7. The editor of AIN.Capital talked with Iakovenko about the details of the weapon’s development. The RG-7 is the result of the development of a group of Ukrainian and American engineers.

Room 8 Group, a gamedev company with Ukrainian roots, opens a studio for work in Poland and Romania

Room 8 Group, a game development company with Ukrainian roots, will open a new game quality assurance studio called Highlight QA, DOU reports.

Bulgarian Innovation Hub announces new openings for its 3-week acceleration program

Bulgaria Innovation Hub has announced a 3-week equity-free acceleration program for Bulgarian entrepreneurs and startup founders. It is focused on promoting Bulgaria as a technology innovation hub among the US investor community. You can apply, here. Details of the program