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Poland’s Internet Ventures (IV) FIZ exits Focus Telecom and liquidates the fund

Internet Ventures FIZ (MCI Capital Group) has announced the exit from its last investment in Focus Telecom. Via the transaction, Internet Ventures plans to return all invested costs to investors and then liquidate the fund. The exit details About Focus

Lithuanian medtech Sentante secures €6M in a Seed round led by Practica Capital

Kaunas-based pioneering medical device company Sentante has secured €6 million in a Seed funding round led by Practica Capital with the participation of the EIC fund. The funds will help with the clinical trials of the Sentante robotic system and further product launch.

The EU-backed Seeds of Bravery allocates €20M to support Ukrainian tech startups

The European Union will allocate €20 million through the “Seeds of Bravery” (UASEEDs) project to strengthen deep tech startups in Ukraine. Participants will be able to cash up €10,000. The Seeds of Bravery project was initially announced in May 2023.

FMFIB to start new Entrepreneurship Fund. It will provide €100M to Bulgarian companies

Fund Manager of Financial Instruments in Bulgaria is working on the launch of its new Entrepreneurship Fund, backed with €100 million public resources. The new instrument will consist of 3 separate funds, for which FMFIB is searching financial intermediaries, the