Tech. Investments

Delivery Hero launches venture capital fund DX Ventures

German global delivery platform Delivery Hero has launched an independently managed VC fund called DX Ventures. The news was announced a few days after the company raised €1.2 billion in a share issue. Having initial capital of €50 million, DX

German tech-driven outpatient care startup Kenbi closes a €7M seed round

Kenbi has raised €7 million in seed funding led by early stage investor Redalpine with participation from existing investors Heartcore, e.ventures, and Partech, the startup says in a press release. Launched in 2019 by co-CEOs Katrin Alberding and Clemens Raemy,

Polish ConsoleWay raises over $260k as a part of a share issue

Warsaw-based ConsoleWay has raised more than $260,000 from investors as part of a share issue carried out in December, MamStartup writes. ConsoleWay is a company from the Ultimate Games group, which was launched in July. It specializes in porting games to

Munich-based SaaS startup Ryte closes a €6.5M Series A round

German Ryte has secured €6.5 million in a Series A funding round from a London-based VC firm Octopus Investments. The previous seed round worth €4.9 million was closed by the startup in 2017, Starting Up writes. Ryte was founded in

German delivery giant Delivery Hero raises €1.2B in a share sale

Berlin-based Delivery Hero has raised around €1.2 billion by issuing new shares, Bloomberg reports.  Established in 2011, Delivery Hero is the world’s leading delivery platform, operating its service in more than 40 countries across Asia, Europe, Latin America, the Middle

Fashion AI startup GetDressed gets an over $250k grant

Krakow-based startup GetDressed has got an over $250,000 grant from the Polish Agency for Enterprise Development, MamStartup reports. GetDressed was founded in 2018 by the students of the communications technology high school in Krakow Agnieszka Pałka, who serves as CEO,

Foodtech SUPERSONIC raises over $700k to develop the product line

The Polish-British company SUPERSONIC Food has raised more than $700,000 from the Polish pre-seed fund Knowledge Hub Starter and business angels, MamStartup reports.  SUPERSONIC operates on the meal replacement products market. It offers a plant-based meal to prepare in the

Nethansa secures over $2M for the further European expansion

Sopot-based Nethansa has secured more than $2 million in a seed round from the Polish funds Movens VC, CofounderZone and LT Capital. The company has totally raised over $4 million since it was founded in 2018, Wirtualnemedia writes. Nethansa is

Kazakhstan-based marketplace for organic products Green Bee closes its first $60k round

Green Bee has raised $60,000 by selling 8% of the project’s shares to biological manufacturing plant Bioteknistik. The round has pushed the startup’s valuation to $750,000, Kapital reports. Co-founded by Asset Mussayev and Belarusian Aleksey Akshakov, Green Bee develops the