Czech Republic - AIN

18.12.23

Czech company UltimateSuite gets acquired by ServiceNow

Tensor Ventures has announced its first exit after its portfolio company UltimateSuite had been acquired by the US-based company ServiceNow. The 100% share acquisition will help ServiceNow to bolster its automation and AI capabilities. “Task mining is key to revealing

15.12.23

Vienna-based HYDROGRID closes $8.5M round to develop its solution of renewable energy

Austrian HYDROGRID, has announced the closing $8.5 million in a Series A funding to accelerate the international expansion. The round was co-led by Inven Capital and Karma Ventures. “Despite the important role hydropower has to play as a green battery to the grid, hydro

15.12.23

Estonian Arbonics secures €5.5M to scale its forest-carbon removal platform

Tallinn-based Arbonics, the naturetech startup, has secured a €5.5 million in a seed investment from NordicNinja, Plural, and Tilia Impact Ventures. The investment will allow Arbonics to continue scaling its climate change solution. “With this recent funding we’re poised to

14.12.23

Czech startup Digitoo raises €2.3M in a seed round from Reflex Capital

Prague-based fintech startup Digitoo has raised €2.3 million in a fresh seed investment round led by Relfex Capital. This partnership will empower the company to further innovate and elevate its services to a new level. “We’re excited to announce a

11.12.23

“Backing early-stage companies in CEE – is sound and viable.” Interview with Presto Ventures

In 2023, the Prague-based Presto Ventures has closed 15 investments, including Outfindo, CityPay.io, and Blindspot Technologies with some deals are still waiting to be announced, making Presto Ventures one of the most active funds in Central and Eastern Europe this