Tech. Investments

Bulgarian Swipe.bg secures €1.4M to accelerate its expansion

Swipe.bg, a Bulgarian company which refurbishes and sells used smartphones, has announced that it secured a €1.4 million investment in December 2023. The investment was supported by Vitosha Venture Partners and New Vision 3. The goal here is to have the status

Ukrainian ZAS Ventures invests $50,000 in CloudAvocado

CloudAvocado, a cloud infrastructure cost optimisation startup founded by Ukrainians Andriy Pyshchyk and Oleksandr Tolochko, has raised $50,000 from venture capital firm ZAS Ventures. The participants of the deal told AIN.Capital the news, but refrained from disclosing the current valuation

Bulgarian biotech Nasekomo receives €8M from Invenio Partners

Sofia-based biotech startup Nasekomo has received €8 million in a Series A round, led by private equity fund Invenio Partners. The company will use the capital to support its transition to a data-driven franchising business model. Our objective is to

Austria’s Speedinvest joins a €3M seed round for Dutch tibo energy

Dutch startup tibo energy has announced the closing of a €3 million seed funding to grow its team and expand internationally. The investment was led by SET Ventures, with participation from Austrian VC firm Speedinvest.  The investment details: Since the soft product launch

Polish edtech Multilango secures €400k from Pathfinder and EKIPA Investments

Polish edtech startup Multilango.com has secured around €400,000 (PLN 1.75 million) investment from Tar Heel Capital Pathfinder, EKIPA Investments, and an undisclosed private investor. The startup is developing a platform enabling employers to offer foreign language learning as an employee

Romanian energy tech Ogre AI raised €625k in funding

Bucharest-based energy sector solutions provider Ogre AI has announced raising €625,000 in funding from Czech Soulmates Ventures in December 2023. Romanian Early Game Ventures and Matei Stratan, CEO of Ogre AI, also joined the investment. Our main objective is to become the leading

Polish biotech startup Bioceltix secures €2.5M to improve veterinary therapy

Wrocław-based biotech startup Bioceltix has signed a co-financing agreement with the Polish Agency for Enterprise Development. Additionally, it has secured around €2.53 million (PLN 11 million) in subsidies under the European Funds for a Modern Economy (FENG) program. The startup is

Latvian Aerones receives €4.4M grant from EU’s Innovation Fund ​

Aerones, a Riga-based company specialising in robot-enabled turbine inspection and maintenance services, has received the Innovation Fund grant of €4,416,000. The startup will use the funds to produce and deploy wind turbine blade leading edge repair robot sets.  The deal

Czech Presto Ventures leads $330k pre-seed round for Wempler

Wempler, Georgian marketplace for task delegation, has raised a $330,000 in a pre-seed round led by Presto Ventures. The investment will be used for product development and market expansion.   It’s always a pleasure to work with founders who are driven,