Tech. Investments

Lithuanian marketplace Traxlo closes €1.1M in a pre-seed round

Vilnius-based startup Traxlo which created and operates a grocery retail-specific tasks marketplace has raised €600,000 and closed at €1.1 million, Arcticstartup reports. The round was co-led by Iron Wolf Capital, Antler, Black Pearls VC, Red Pill VC. Traxlo aims to

Bulgarian company Cupffee raises €1.8M for its edible coffee cups

Plovdiv-based foodtech startup Cupffee has raised €1.8 million through a pre-seed round from Eleven Ventures and a grant from the EIC. The company produces and commercializes edible coffee cups and stirrers, the Recursive reports.

Polish startup Metaverse Planetary secures €2.8M from nChain

Krakow-based startup Metaverse Planetary has secured €2.8 million (PLN 10 million) to develop its social media app set completely in the metaverse. The British company nChain provided the funds, MamStartup reports. “This is an exciting addition to our developing Web3

Romanian insurtech FlowX.ai raises $35M in a Series A round

The Bucharest-founded FlowX.ai that helps businesses to digitize their internal processes, has raised a $35 million in a Series A, the largest Series A in the history of the Romanian startup ecosystem. The round was led by Dawn Capital, with

Lithuanian startup ColibrisODM secures €300k for its on-demand manufacturing platform

The Kaunas-based startup ColibrisODM, which works in the metal industry, has secured an investment of €300,000. The round was co-led by CoInvest Capital and LitBAN.

SPINAKER alfa invests in dopasuj.to, a Polish furniture printing company

Lodz-based VC fund SPINAKER alfa has invested in dopasuj.to, which offers an innovative furniture printing technology. The companies do not disclose the amount of the deal that will add the platform for ordering furniture online to the fund’s portfolio. “The

Lithuanian regtech AMLYZE raises $1M pre-seed round

The Vilnius-based firm AMLYZE, specializing in anti-financial crime solutions, has raised $1 million of investment led by Practica Capital. The funding will be used to scale AMLYZE’s SaaS business and accelerate international expansion. “As our mission is to help the

Hungarian agtech Proofminder receives €400k round from Impact Ventures

The Budapest-based agtech startup Proofminder that provides a leaf-level farming platform has received €400,000 from Impact Ventures. With the fresh round, the startup aims to start the global expansion.

Four CEE funds receive €80M from Romanian Recovery Equity Fund

Romanian Recovery Equity Fund will invest €80 million in four local investment funds —  Innova/7, Booster Capital, GapMinder II, and Morphosis Capital I, in the frames of the EU Recovery and Resilience Program. Four funds will invest in at least