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16.05.24

Bulgarian Eleven Ventures joins a €6.3M round for Native Teams

The North Macedonia-founded startup Native Teams has announced the fresh round of investment totaling €6.275 million. Eleven Ventures, Fil Rouge Capital, MFG Invest, and Begin Capital supported the financing to help improve the platform and accelerate the expansion into Asia. Investment

26.04.24

Bulgarian banking provider Paynetics acquires Novus, UK’s neobank

Sofia-based finance provider Paynetics has announced the acquisition of Novus, a Bulgarian-UK neobank. The deal amount was not disclosed. Novus claims it will strengthen its commitment to environmental, social and governance (ESG) principles. Novus’ mission was to create impact through

04.04.24

Ukrainian-British HR startup JobCannon acquires Adsme, a Ukrainian marketing company

Ukrainian-British HR tech startup JobCannon has acquired Adsme, a Ukrainian marketing company. Еhe deal means a full merger of Adsme and the further integrating of its technology into JobCannon’s recruiting AI platform. JobCannon told AIN the details of the deal.

25.03.24

Ukraine-founded 1991 Ventures launches a $18.8M fund

UK-based VC firm with Ukrainian roots 1991 Ventures has launched a $18.8 million fund (£15 million fund) to invest in Ukrainian and CEE startups. The VC firm aims to support over 40 companies and will build on the Gurskys’ incubation and accelerator

22.02.24

Dutch Stellantis acquired CloudMade, an AI company with a team in Ukraine

The Dutch car manufacturing corporation Stellantis has acquired CloudMade, a British AI company with a team operating in Ukraine, which has software developments for its vehicles. The amount of the deal is not disclosed, but according to sources, the deal