June was surprisingly intense for startup fundraising. Below is a roundup of the most notable deals across Central and Eastern Europe.
Ingenix, €13M in a seed round
Location: Warsaw, Poland
Founded in: 2023
Total funding received: €22M
Recent funding sources: Sofinnova Partners, OTB Ventures, Inovo.vc
Ingenix develops an AI-powered biological reasoning platform designed to help pharmaceutical and biotech companies accelerate drug discovery and R&D. The company will use its €13 million seed extension funding to further develop its Biological Reasoning Engine and expand collaboration with pharma and biotech partners through its Qualified Access Program.
Cargofy, $11M across Series A and secondary transactions
Location: Kyiv, Ukraine
Founded in: 2017
Total funding received: $14.5M
Recent funding sources: Movens Capital, Toloka.vc, u.ventures, and business angels
Cargofy develops “digital workers” designed to automate end-to-end freight operations for shippers, carriers, and third-party logistics providers. With the fresh capital, comprising $6 in Series A and $5 million in secondary transactions, the firm plans to expand into new international markets, scale its local operational hubs, and further develop its AI agents.
Sybilla Technologies, €8M
Location: Bydgoszcz, Poland
Founded in: 2011
Total funding received: €8M
Recent funding sources: Vinci, 3TS Capital Partners
Sybilla Technologies develops space situational awareness systems that monitor objects in Earth’s orbit using robotic optical sensors. The recent funding will expand the company’s sensor network, strengthen data analytics, and accelerate the deployment of orbital monitoring technologies.
Wultra, €6.8M in Series A
Location: Prague, the Czech Republic
Founded in: 2014
Total funding received: €10.8M
Recent funding sources: Seventure Partners, J&T Ventures, Elevator Ventures, and private investors
Wultra provides post-quantum authentication and digital identity solutions for banks and fintech companies. The new investment will support the company's continued international expansion, with plans to enter the Middle East and the US, while strengthening its focus on large strategic customers.
Kodesage, $6.6M in a seed round
Location: Budapest, Hungary and London, UK
Founded in: 2024
Total funding received: $9M
Recent funding sources: VentureFriends, Portfolion
Kodesage develops an on-premise AI platform that helps regulated enterprises modernize legacy software systems. The recent seed funding will support the company’s expansion across the US and Europe, while strengthening its engineering and product teams to further develop its AI platform.
Microamp, €6.5M across grant funding and equity investments
Location: Warsaw, Poland
Founded in: 2020
Total funding received: €8.9M
Recent funding sources: EIC Fund
Microamp develops wireless infrastructure for high-capacity, low-latency connectivity in industrial, defence, and mission-critical environments. The funding will support the development of its Any-G platform, software-defined wireless architecture, and AI-native 6G mmWave systems while expanding its presence across European industrial connectivity markets.
IAG, €6M
Location: Prague, Czech Republic
Founded in: 2021
Total funding received: €11M
Recent funding sources: Orbit Capital and Jet Ventures
IAG connects automotive parts suppliers with independent repair shops and retailers through a single platform. The marketplace enables users to search, compare, and order parts with real-time pricing and availability. The received investment will allow IAG to scale its operations across CEE.
Sloneek, $6M in Series A
Location: Prague, the Czech Republic
Founded in: 2019
Total funding received: $11.5M
Recent funding sources: Orbit Capital, Venture to Future Fund
Sloneek offers a cloud-based information system that centralizes core HR processes, including onboarding, attendance tracking, document management, performance management, and offboarding. The new round will enable the company to further develop the platform’s agentic AI layer and accelerate expansion into new European markets, and introduce more.
Paypercut, €5M in a seed round
Location: Sofia, Bulgaria
Founded in: 2025
Total funding received: €7M
Recent funding sources: SMOK Ventures, SABAH.fund, Portfolio Ventures, Passion Capital, MFG Invest, Main Set, Concentric, BrightCap Ventures, BlackWood Ventures, Arāya Ventures
Paypercut develops a payments platform that helps online merchants accept and manage payments across Central and Eastern Europe through a single integration. The company plans to use its €5 million seed funding to expand across the region, accelerate product development, and support its EMI licence application in Ireland.
Grid.online, €4M in a seed round
Location: Prague, the Czech Republic
Founded in: 2024
Total funding received: €5.5M
Recent funding sources: Movens Capital, Reflex Capital, J&T Ventures, and angel investors
Grid.online develops a neutral infrastructure layer for last-mile delivery that connects logistics operators with a shared network of independent couriers through a single API. The €4 million round will be used to scale the company’s operations by improving its technology stack, expanding its active courier base, and strengthening connections with logistics partners.
Definic, €2.5M in a seed round
Location: Kosice, Slovakia
Founded in: 2020
Total funding received: €3.6M
Recent funding sources: J&T Ventures, Seed Starter, Slovak Investment Holding
Definic builds software for IT procurement teams to structure, evaluate, and manage vendor selection for external IT services. The startup plans to use €2.5 million in seed funding to scale the platform internationally, accelerate product development, and expand into the DACH region, the UK, and the US.
Volteum, €2.5M in a seed round
Location: Budapest, Hungary
Founded in: 2020
Total funding received: €3.8M
Recent funding sources: WakeUp Capital, Techstars, Nesprit, Movens Capital, Day One Capital, Idiom
Volteum develops fleet management software that helps businesses manage electric and mixed vehicle fleets through a unified operational platform. The startup will use its €2.5 million seed funding to expand across the UK, Benelux, and DACH regions, while further developing its platform to improve fleet operations, charging, maintenance, and vehicle performance management.
Paymove, €2.1M in a seed round
Location: Sopot, Poland
Founded in: 2023
Total funding received: €2.8M
Recent funding sources: Kogito Ventures, 4growth VC, and business angels
Paymove is a fintech company that builds QR-code payment infrastructure for offline and unattended commerce. It plans to use the fresh funding to develop a dedicated payment infrastructure for autonomous AI agents (Agentic AI Payments) and accelerate its expansion into Western European markets, including Spain, Portugal, and Italy.
PDKINEMATICS, €2M in a seed round
Location: Vilnius, Lithuania
Founded in: 2025
Total funding received: €2M
Recent funding sources: Coinvest Capital and Iron Wolf Capital
PDKINEMATICS develops GPS-independent navigation and targeting systems for drones, enabling them to operate in environments where satellite signals are unavailable or jammed. With the fresh capital, the firm plans to scale manufacturing and expand the deployment of its systems across Ukraine and other European countries.
Nanordica Medical, €1.6M
Location: Tallinn, Estonia
Founded in: 2019
Total funding received: €6.4M
Recent funding sources: 2C Ventures, Specialist VC, Superangel, Amalfi, the Health Founders syndicate, and the EstBAN syndicate
Nanordica Medical develops antibacterial wound care products. The recent investment will allow the company to accelerate clinical and regulatory progress for its Premotiv wound dressing, including completing its ongoing large clinical trial, securing CE marking, and preparing for the commercial launch of its antibiotic-free chronic treatment in Europe.
Molfar, €1.5M in a seed round
Location: Warsaw, Poland
Founded in: 2026
Total funding received: €1.5M
Recent funding sources: Front Ventures
Molfar Defence Technologies develops modular radar systems for early threat detection and continuous battlefield tracking. The funding will help the company move from prototypes to field-tested systems, expand its team, and deploy and validate its technology in Ukraine and NATO countries.
Naratix, €1M in a seed round
Location: Bucharest, Romania
Founded in: 2023
Total funding received: €1M
Recent funding sources: Early Game Ventures
Naratix is an enterprise software company that builds automation systems for e-commerce product data. Its AI-driven tools allow retailers and marketplaces to structure and enrich product catalogs by fixing inconsistent information and generating descriptions, among other features. The proceeds will help Naratic to scale the platform and expand internationally.
sunbay.io, €550k in a pre-seed round
Location: Warsaw, Poland
Founded in: 2026
Total funding received: €610k
Recent funding sources: S20Fund, Kogito Ventures, and business angels
sunbay.io develops AI-powered software that integrates directly into a business’s accounting system and automates the end-to-end invoice collection process. The new capital will enable the startup to expand its system by building more autonomous agents that handle overdue invoice workflows and scale across Europe.
Superpal, €500k in a pre-seed round
Location: Vilnius, Lithuania
Founded in: 2024
Total funding received: €500k
Recent funding sources: FIRSTPICK, Outlast Fund
Superpal develops an AI coworker for Slack that automates tasks across more than 1,000 business tools, including Gmail, HubSpot, Google Drive, and Shopify. The funding will help the company expand integrations, enhance automation, and scale adoption among small and mid-sized businesses.
