Every month, Vestbee compiles a list of the most significant financial rounds closed in Central and Eastern Europe and the broader European region, providing details on each deal. You can find below a list of 12 startups from CEE that received funds during April.
GA Drilling, €14M
Location: Slovakia
Founded in: 2008
Total funding received: €48.4M
Recent funding sources: Alfa8, Nabors, Neulogy Ventures, Thomas von Koch, Underground Ventures
GA Drilling offers technology that is designed to provide scalable and modular solutions for energy production with zero carbon emissions. With the recent €14 million in funding, GA Drilling plans to accelerate commercialization and facilitate the replacement of fossil fuels.
Apify, €2.8M
Location: Czech Republic
Founded in: 2015
Total funding received: €3.2M
Recent funding sources: J&T Ventures, Reflex Capital
Czech Apify has received €2.8 million in funding to support the growth of its developer community, expand its team, enhance its product, and invest in marketing efforts. The startup creates software for web scraping and automation, allowing users to gather organized data from any website.
AutoLayer, €2.3M in seed round
Location: Estonia
Founded in: 2024
Total funding received: €2.3M
Recent funding sources: Black Edge Capital, Dewhales Capital, KuCoin, Morningstar Ventures, Poolz Finance, Spark Digital Capital, Staked.vc
Harju-based AutoLayer develops a Liquid Restaking Tokens (LRT) app on Arbitrum and the gateway to LRTfi. It offers access to over 800 assets, 400 liquidity pools, 50 farms, and over 100 vaults/strategies. With the fresh capital, the team will focus on AutoLayer L2 to achieve greater integration within the EigenLayer ecosystem.
Supersimple, €2.1M in pre-seed round
Location: Estonia
Founded in: 2021
Total funding received: €2.1M
Recent funding sources: Alvar Lumberg, Indrek Kasela, Mart Kelder, Ott Kaukver, Specialist VC, Tera Ventures, Tiny VC
Supersimple, an Estonian data-based search tool, develops a platform allowing SaaS teams to analyze complex data using plain English, without coding. The startup has secured a €2.1 million pre-seed round to enhance data search methods and accelerate consumer growth.
Genezio, €1.9M in pre-seed round
Location: Romania
Founded in: 2022
Total funding received: €1.9M
Recent funding sources: Gapminder VC, Underline Ventures
Type-safe serverless platform Genezio has raised €1.9 million from Gapminder Ventures and Underline Ventures. The capital will allow the startup to implement the go-to-market strategy and develop enterprise features.
10Lines, €1.5M in Series A round
Location: Estonia
Founded in: 2019
Total funding received: €2.3M
Recent funding sources: Butterfly Ventures, Karista, Mike Oliinyk, Tera Ventures
Tallinn-based 10Lines offers technical solutions and autonomous parking lot marking robots to boost productivity in the sidewalk marking industry. The startup has secured €1.5 million to further expand in the US and plans to advance the development of its autonomous robots and software.
ForActive, €1.5M in pre-seed round
Location: Poland
Founded in: 2023
Total funding received: €1.5M
Recent funding sources: ff Venture Capital, Movens Capital, Konrad Howard, Vital Laptenok
Polish ForActive develops an app for trouble-free membership payments and communication between sports providers and clients. The startup has secured €1.5 million in a pre-seed round led by ff Venture Capital to expand in the US and further the product's development.
Collabwriting, €1.1M in seed round
Location: Serbia
Founded in: 2021
Total funding received: €2.4M
Recent funding sources: Credo Ventures, Fiedler Capital, Fortech Investments, SMOK Ventures, Startup Wise Guys, Underline Ventures, V7 Capital, Xenia Muntean
Belgrade-based Collabwriting develops a collaborative research platform that aims to make online research efficient and traceable. It has closed a €1.1 million seed funding round to expand its team and work on new AI tools.
Softloans, €1M in pre-seed round
Location: Lithuania
Founded in: 2022
Total funding received: €1M
Recent funding sources: FIRSTPICK
Lithuanian fintech Softloans has secured €1 million in a pre-seed round led by FIRSTPICK. The startup creates a platform that enables revenue-based lending by providing financing tools such as data gathering, analytics, risk assessment, and loan administration.
InGain, €650k
Location: Latvia
Founded in: 2011
Total funding received: €650k
Recent funding sources: Fiedler Capital, Latvian Business Angel Network, Trind Ventures
Fintech startup InGain offers a no-code SaaS loan management system that enables lenders and companies across various sectors to launch and scale lending and financial products. The startup has raised €650,000 to work further on its no-code self-service platform.
Salesforge, €460k in pre-seed round
Location: Estonia
Founded in: 2023
Total funding received: €460k
Recent funding sources: BADideas.fund, Fiedler Capital, Maciej Zawadzinski, Spring Capital
Estonian Salesforge is an AI-copilot for sales execution to support small and large sales teams. The startup has raised €460,000 in pre-seed funding to handle the entire pipeline generating process by integrating CRM systems, opening new channels, and developing autonomous capabilities with the aid of this fundraising round.
Mindclass, €204k in Seed round
Location: Romania
Founded in: 2021
Total funding received: €204k
Recent funding sources: SFC Capital
Bucharest-based Mindclass develops an online course platform that facilitates online learning through interactive courses. It allows users to assimilate knowledge at their own pace, benefiting from efficient learning and testing activities.
