Tech. Investments

Ukraine’s Roosh and Tiny Studio to invest $10M in tech companies

Ukrainian Roosh and Canadian Tiny Studio have informed AIN about the launch of its first partnership project Roosh X. The project will target profit-focused tech sector companies with over $5 million revenue, aiming to invest up to $10 million total.

Romanian startup Nordensa secures €1.65M for its football talents platform

Nordensa, a Cluj-Napoca-based startup that provides a fan-powered platform for football talents, has secured €1.65 million in a seed round. The round took place with the participation of the company’s Advisory Board and Head of Marketing at Manchester City Football Club. Football boasts over

Over 1000 startups raised €2.1B of investments in 2023 — CEE report 2024

Over the last years marked by many challenges, Central and Eastern Europe has showcased unmatched resilience and innovation. The combined enterprise value of startups in the CEE startup ecosystem has grown by 2.4 times in the past 5 years, from

Polish-founded OTB Ventures will invest $185M in European deeptech thanks to NATO backing

OTB Ventures, one of the leading early-growth investor in Europe with Polish roots, has announced the closure of its Fund II, after the backing from the NATO Innovation Fund worth $185 million. The fresh fund will invest in European deeptech

Czech fintech Flowpay raises €2.1M in a seed round

Prague-based fintech startup Flowpay that uses predictive AI models, automation and Embedded Finance has informed AIN about its fresh €2.1 million seed investment round. The round was backed by Techstars, Soulmates Ventures, and DEPO Ventures. The investment will help Flowpay

UK-Bulgarian cargo drone airline Dronamics receives €10M from EIC

Dronamics, a Bulgarian-founded cargo drone airline, has announced a €10 million equity investment provided by European Innovation Council (EIC). The financing follows the earlier grant in the amount of €2.5 million under the Accelerator program in November 2022.  The continued

Warsaw Equity Group signs an investment agreement with Vireo Ventures

Warsaw Equity Group has announced an investment agreement with German Vireo Ventures, an early-stage investor focusing on European B2B startups. The deal is WEG’s last investment in a VC fund. The deal amount was left undisclosed. We’re thrilled about WEG’s

Fintech investments dropped to lowest level since 2017 — KPMG H2 2023 report

In 2023 the total fintech investments decreased to $113.7 billion globally and the number of fintech deals reached 4,547. The numbers are the lowest level since 2017. Fintech investors became more cautious with their investments due to the high interest

Lithuanian defense tech Broswarm raises $100k to develop landmine-detecting drones

Broswarm, a Vilnius-based defense tech startup focused on mine detection, has raised $100,000 in a fresh funding to improve the global approach to mine detection using drones. The round was led by ScaleWolf, a hybrid accelerator and fund for defense