Category: Start-Up
IMPETUS Capital, through its program for supporting space, mobility, and commerce will invest a total of 900,000 euro in three startups in Southeast Europe. IMPETUS will invest 300,000 euro for a 10% stake in three selected companies, the company said in a statement. The winners will be chosen through a multi-stage process, culminating in a […]
Egypt-based startup Partment said it is expanding in Greece through a partnership with Greca Homes. “Partment’s launch in Greece after a successful 1st operational year marks a significant milestone in offering innovative proptech solutions and making second homes ownership hassle-free, to both the Egyptian and global markets,” the company said on its website. The real […]
US-Bulgarian cloud storage startup LucidLink has raised $75 million in Series C funding,The Recursive reported. This has been the biggest funding round for Bulgaria in 2023 and one of the largest rounds in Central and Eastern Europe, the Recursive added. “With this Series C investment, LucidLink will accelerate its most ambitious product updates in the […]
Romanian Underline Ventures has closed their first fund at $20 million, tech-focused portal The Recursive reported. The fund was raised fully with private money amid the investment slowdown, and it has already finalized seven investments in Romania, Croatia, Serbia, and the broader Eastern European diaspora, The Recursive quoted Bogdan Iordache, General Partner at Underline Ventures. […]
Business event Global Entrepreneurship Week is currently taking place in North Macedonia’s capital of Skopje, the event organiser Startup Macedonia said. Startup Macedonia association is organising the event with 50 partners, the association said. “During the event, you will have opportunity to discover the latest trends and opportunities for developing of innovative businesses in the […]
20 Bulgarian companies raised combined 30 million BGN (15.35 million euro) at beamUp lab event, Bulgarian Stock Exchange (BSE) said in a statement. The beamUp lab is an initiative started by the BSE aiming to support startups and small and medium-sized businesses in the country. The initiative is supported by the Bulgarian Finance Ministry in […]
Bulgaria ranked first among South East Europe countries in startup ecosystem strength, Startupblink said in its 2023 edition of Startup Ecosystem Index Report. The report ranked Bulgaria on 38th place, Romania took 42nd place while Croatia and Greece took 44th and 46th place respectively among 100 countries worldwide. the report said. The edition ranked Slovenia […]