news - AIN - page 219

04.09.23

Finnish startup Paptic raises €23M to accelerate the development of packaging materials

Paptic, a Finnish manufacturer of wood fibre-based packaging materials, has raised €23 million in growth financing. The company’s shareholder base expanded with the European Circular Bioeconomy Fund and Ecolab. “Our rapid progress from a startup to a high-growth company has made

01.09.23

Top 100 Fintech and Blockchain Outsourcing Companies in Europe: Hypra Fund report

Hypra Fund, an investment fund founded in 2022 by Ukrainian entrepreneur Igor Pertsiya, has published a complete review of the top 100 outsourcing companies in Europe’s fintech and blockchain sectors. According to the research, Ukraine ranks second in terms of

01.09.23

Gotion High Tech acquires a 25 % stake in Slovak battery maker InoBat

Chinese VW-baked Gotion has acquired a 25% stake in Bratislava-based EV battery startup InoBat. This is the first investment by a Chinese battery maker in European startups. The amount of the deal was not disclosed. “Our partnership with Gotion High

01.09.23

Veriff plans another layoff. This time, Estonian unicorn will fire 55 people

Tallinn-based identity verification company Veriff filed a collective redundancy notice with the Unemployment Insurance Fund on 22 August, citing the difficult global market situation. The company is laying off another 55 people, mainly from its Tallinn team. “Veriff’s fixed cost

01.09.23

Finnish Measurlabs, a provider of laboratory analyses and testing services, secures €2.5M

Helsinki-based Measurlabs, that offers laboratory analysis and testing services for researchers, has secured €2.5 million in a seed round to scale its operations. The round was led by VentureFriends, joined by existing investors Lifeline Ventures, Tesi, and Curus. About Measurlabs: