central europe

The VC ‘Scramble for Europe’ breaks out in the East as a €70M fund breaks cover

There is a fight emerging in Central and Eastern Europe, and all the way down into the South Eastern regions. Investors such as Inovo, Credo, LauncHub, Vitosha, VentureFriends, and Marathon VC are all

More venture funds are betting on Central and Eastern Europe

Startup founders in Central and Eastern Europe will soon have more dry powder to chase.

Warner Bros. Discovery ceases new HBO Max originals in Europe and shutters Cinemax Go

HBO Max will cease new original programming in parts of Europe and the company will also shut down Cinemax’s TV Everywhere platform, Cinemax Go, as its parent company Warner Bros. Discovery moves th

Key European tech founders and investors launch OneUkraine charity to assist Ukraine

A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be su

Earlybird VC closes new €350M fund for Western European startups, with a deep-tech angle

Earlybird VC was one of the “OG” of the emergence of Berlin as a key global tech startup ecosystem 15 years ago. Founded in 1997, it’s gone on to back N26 and UiPath, among many others. And in t

US, UK and EU blame Russia for ‘unacceptable’ Viasat cyberattack

The U.S., U.K. and EU have formally blamed the Russian government for the February cyberattack against satellite communications provider Viasat, which triggered outages across central and eastern Euro

Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation

Ben Franklin once famously said that in this world nothing can be said to be certain, except death and taxes. But that doesn’t make dealing with either particularly natural and easy. Tech is rus

Ukraine disrupts attempt by Russian hackers to take down energy provider

The Computer Emergency Response Team of Ukraine (CERT-UA) has disrupted an attempt by Sandworm, a hacking group known to work for Russia’s military intelligence, to take down a Ukrainian energy

Microsoft seizes domains used by Russian spies to target Ukraine

Microsoft has successfully seized domains used by APT28, a state-sponsored group operated by Russian military intelligence, to target institutions in Ukraine. The tech giant said in a blog post on Thu

Viasat cyberattack blamed on Russian wiper malware

The recent cyberattack on U.S. satellite communications provider Viasat, an incident that triggered satellite service outages across central and eastern Europe, was likely the result of destructive wi

Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. Bolt — the startup and app

Fast groceries startup Grovy hopes Eastern Europe and sustainability will set it apart

Yet another “quick commerce” 15-minute groceries startup is hoping to make a name for itself in this space, adding to the myriad companies currently crowding out this market. But Grovy is

Opontia gets $42M to buy more e-commerce brands in Eastern Europe, Middle East and Africa

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCr

Packhelp raises $45.6M to expand its custom packaging biz

Warsaw-based Packhelp has been riding the boom in e-commerce and on-demand delivery to scale a business that helps even the smallest brands wrap their wares in eye-catching custom packaging, while cou

Gapsquare, a pioneer of machine learning into gender pay disparity, is acquired by XpertHR

Inequalities between women and men in the workplace have been exacerbated during the COVID-19 pandemic, and are likely to persist in the near future, according to the International Labour Organization

Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 mill

Glovo splurges $208M on three Delivery Hero brands in the Balkans

The high-stakes game of chess (or, well, consolidation chicken) that is on-demand food delivery rolls on today with a little more territorial swapping in Europe: Barcelona-based Glovo has agreed to bu

Visa takes a swipe in fintech, builds new online marketplace

The relationships between banks and fintechs are multi-faceted. In some cases, they partner. In many cases, they compete. In other cases, one acquires or invests in the other. Well, today, an announce

Kaya VC launches its new $80M fund, focusing on Prague, Warsaw and the CEE region

Kaya VC’s new €72 million ($80 million) fund will focus on startups in Prague, Warsaw and the wider CEE region. Previously called Enern, the Central and Eastern European VC — which, historically

Emerging as an Eastern powerhouse, Earlybird Digital East Fund launches new $242M fund

Earlybird Digital East Fund — a fund associated with Germany’s Earlybird VC, but operating separately — has launched a €200 million ($242 million) successor fund. The fund’s focus will remai
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