New Venture Funds
- Munich-based HV Capital closes its ninth, €710M fund to continue backing European startups. The firm will invest in seed to Series D companies, putting anywhere from €500k to €60M.
- UK's Claret Capital Partners kickstarts a €72M Opportunity Fund. The firm will provide €1M to €50M of non-dilutive funding.
Startup Funding Rounds & Acquisitions
- Romanian co-found IT talent marketplace hackajob raises a $25M series B. The round was led by Volition Capital, joined by Axa Venture Partners, Foresight Group, and Future Fund.
- Czech insurtech Mutumutu gets acquired by KB Pojišťovna. The size of the transaction remains undisclosed yet the latest funding round of the startup has amounted to 100M Kč.
- Ukrainian serial entrepreneur Yegor Anchyshkin raises a $4,6M round for his robotics-as-a-service for e-commerce Instock. The round was co-led by One Way Ventures, Lux Capital, Commerce VC and joined by a number of business angels.
- Czech online therapy platform Hedepy gets 50M Kč to expand the business. The round was joined by Nation 1, Purple Ventures, and RSJ Investments, as well as Leoš Navrátil.
- Romanian workspace marketplace Pluria closes a $2M round to expand in Latin America and Eastern Europe. The round was led by Eleven Ventures, and joined by Germany-based Croton Capital, Romania-based WIT Angels Club, and US-based Phoenix Venture Fund, and business angels.
- Ukrainian information security platform OSavul gets $1M in funding to reinvest into product development. The round was led by SMRK VC.
- Croatian travel experience marketplace Turneo raises €800k round. The round was co-led by Ascension Ventures and Underline Ventures and joined by Silicon Gardens with a number of angel investors.
- Czech retail marketing platform Cruxo raises €800k round to invest in business development. The round was co-led by Presto Ventures has joined forces with Czech Founders VC and Zaka VC.
- Ukrainian social media recruitment platform Adsee receives a pre-seed investment to develop the product. The round was led by Jooble Ventures Lab.
- Ukrainian airport digitization startup InputSoft raises €250k round. The round was led by SID Venture Partners, joined by Sigma Software Labs and Torino Cities of the Future Techstars Accelerator.
- Romanian speech therapy platform VoxiKids raises €170k grant to invest in further product development. The grant was provided by the EEA and Norway Grants program.
Startup Calls
- Microsoft announces Pegasus incubation program for startups. The program provides $350k in Azure, GitHub, and LinkedIn credits as well as advisory support and “access to the best Microsoft tech". To be considered for the program, one's company should be already a part of Microsoft for Startups Founders Hub, have customer-facing products built on the Microsoft Cloud, as well as show early product-market fit like having revenues, sales team and a tested go-to-market model.
- Infoshare 2023 hosted in Gdańsk is finalizing the late sale of tickets for the event. The event will see a huge number of high-profile speakers from the venture and startup ecosystem, have a dedicated startup contest with up to €20K for the winners, and more.
https://infoshare.pl/is-register/ - Last days to apply for ING Grant Program for climate impact startups and projects. The program will give up to 400K PLN to the winners, mentorship opportunities, connections to ING's partner network, and more. Applications for the program close on the 10th of May.
Related Posts:
VC & Startup Weekly News From CEE, April 22 - 28, 2023 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)
VC & Startup Weekly News From CEE, April 15 - 21, 2023 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)
VC & Startup Weekly News From CEE, April 8 - 14, 2023 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)
