CEE VC SUMMIT 2025

25th of March 8:00 am CET

August 26, 2024·3 min read

Lisa Palchynska

Editor-in-Chief, Vestbee

VC & Startup weekly news from Europe, August 17-23, 2024

Notable funding rounds across Europe:

  • Swiss producer of vertical take-off and landing drones Wingtra has secured over €23 million Series B1. RKKVC, Helvetic Trust, and SymbiaVC are among the investors.
  • Finnish bike service Vapaus, which provides cost-effective and zero-emission benefit bike service to employers, has secured a €10 million Series A funding.
  • London-based BeyondMath has secured $8.5 million to accelerate its digital design process technology. The funding was led by UP.Partners.
  • Berlin-based startup Root Global, which aids companies across the food system in reaching Net Zero, has secured €8 million in a seed funding round. 
  • Munich-based patient support software company XO Life has secured €7 million led by Oslo-based VC Sandwater and Stuttgart-based Grazia Equity.
  • London-based digital salesroom startup trumpet has secured $6.35 million. The funding round was led by AlbionVC.
  • Swiss coaching platform FLOWIT, which offers real-time feedback and development tools tailored for front-line and non-desk employees, has raised €4.2 million seed.
  • Zurich-based real estate investment platform Optiml has raised $4 million in a pre-seed extension funding round led by BitStone Capital.
  • Helsinki-based biotech NADMED has secured €3.5 million to introduce its NAD tests to the US and international markets. The funding round was led by Nordic Science Investments.
  • London-based AI customer service startup, Gradient Labs, which resolves customer queries, has raised £2.8 million in a seed funding round led by LocalGlobe.
  • Oslo-based sports tech startup SportAI, which offers a platform for instant, precise, and scalable sports technique analysis powered by AI, has raised $1.8 million.

CEE startup funding rounds & acquisitions:

  • Czech digital second-hand books platform Knihobot & Bookbot has raised €4 million in a Series A funding round led by Genesis Capital Equity.
  • Tallinn-based climate tech startup UP Catalyst has secured €2.36 million from Warsaw Equity Group and SmartCap.
  • Lithuanian fashion repairs marketplace Tingit, which simplifies the repair process with quick quotes and hassle-free logistics, has raised €500,000 led by FIRSTPICK.
  • Polish pet service startup animalhotels, which offers an app for booking pet services, has secured $280,000 to expand globally and launch its app in the UK market.
  • Vilnius-based incident analysis platform CBRX, which aims at saving cybersecurity teams time, has secured a €275,000 funding led by ScaleWolf and FIRSTPICK. 
  • Polish EV charging startup ChargeEurope has secured undisclosed funding to expand into new markets. The investment was led by Shift4Good.

Startup calls & Events: 

Engaged Investments is the leading international conference for early-stage tech investors and startup founders from CEE, which will take part on October 23-24 in Prague. 

The conference starts with an Investors' Conference, featuring up to 250 business angels, LPs, GPs, and venture capitalists, followed by a pitch day for up to 100 founders from pre-seed to Series A stages. Side events throughout the conference encourage networking and partnership.

Join Engaged Investments at the historic Kaiserstein Palace in Prague!

AWS Cloud Day Warsaw is a premier event for networking, collaboration, and learning about how leading companies leverage AWS technologies to foster innovation and achieve growth. Attendees will have the opportunity to explore a range of topics, including AI, Machine Learning, and digital transformation.

Participants can connect with visionary founders and leaders, visit the AWS Startup Loft, and interact with the AWS startup team to gain valuable insights and learn about the resources available to support startups at various stages of development.

This event is free to attend and will be held in Warsaw on September 18, 2024, at PGE Narodowy.


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