Latest Technology News in CEE and Worldwide

08.02.24

Lithuania’s Axiology raises €2M from Сoinvest Capital and Baltic Sandbox

Lithuanian fintech startup Axiology has secured a €2 million investment round co-led by Coinvest Capital and Baltic Sandbox Ventures. The startups is set to enhance the EU capital markets for businesses and individual investors. The fresh capital came from two

08.02.24

Hungarian HRtech Qneiform raises €750k in a pre-seed investment

Qneiform, a Budapest-based provider of AI-based talent acquisition platform, has raised €750,000 from Slimmer AI, Dutch Founders Fund (DFF), and Keen Venture Partners. The startup aims to revolutionize talent acquisition in finance and law sectors. Who invested in Qneiform? The

08.02.24

Ukraine’s Silpo acquires OVO, fruit and vegetable delivery service

Ukrainian supermarket chain Silpo, part of the Fozzy Group of companies, has acquired the fruit and vegetable delivery service OVO, which was on the verge of shutdown at the time of the deal. In June 2021, AIN.Capital reported on OVO’s

08.02.24

Bulgarian digital ID provider Evrotrust secures €3.3M investment from Silverline Capital

Sofia-based digital ID and qualified trust service provider Evrotrust has secured a €3.3 million in fresh funding led by Silverline Capital, a Bulgarian private equity fund. The investment will help to expand the company’s operations into new European markets. Thanks

07.02.24

popular Grammarly is laying off 230 team members, 37 are in Ukraine

Grammarly, a Ukraine-founded platform for improving written English, has announced the layoff of about 230 team members worldwide, 37 of which are in Ukraine. The company told AIN.Capital the details. The layoffs come as part of Grammarly’s business restructuring to

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