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