news - AIN - page 193

13.10.23

Finnish Butterfly Ventures joins an investment for Danish RiACT ROBOTICS

RiACT ROBOTICS, Copenhagen-based robotic automation software provider, has announced closing the fresh round to transform the manufacturing industry. It was backed by Butterfly Ventures, Navigare Ventures, and Mølgaard Capital. “We are excited to join Navigare Ventures and Mølaard Capital to support the team at RiACT

13.10.23

Investment activity continues to follow a negative trend — EIF’s report on the European VC market state

The EIF has prepared the report, surveying almost 500 VCs to get their views on the state of the market. The report shows that European VC funds raised €7 billion in the first half of 2023 — it is almost

13.10.23

Ukrainian IT company Genesis launches TRMNL4, a platform for CEE startups and investors

Ukrainian co-founding IT company Genesis is scaling up the number of educational and investment opportunities for tech companies from Central and Eastern Europe. The company launches TRMNL4 (terminal) to unite the startups and global partner-companies in one ecosystem. TRMNL4 was

12.10.23

Estonian startup Elcogen receives €45M strategic investment from HD Hyundai

Estonian green hydrogen startup Elcogen has received €45 million as part of the strategic investment carried out by South Korean HD Hyundai Group. The deal will further deepen the collaboration on emission-free power generation systems as well as green hydrogen

12.10.23

Xerox exits Russia and divests the business to local management

Since the start of the Russian full-scale invasion of Ukraine, the American company Xerox announced the cessation of all supplies to Russia, leaving only “limited operations” in compliance with all relevant government sanctions. Now, on the 595th day of the