Category: Finances
Shutterstock forms Shutterstock.AI, acquires 3 leading AI platforms
Shutterstock announced the launch of Shutterstock.AI, a newly formed subsidiary with insights and data at the heart of its mission. Additionally, the newly established Shutterstock.AI has acquired 3 leading AI […]
Polish Idosell acquires controlling shares package in Hungarian Shoprenter
Polish shopping platform IdoSell has become the majority owner of the largest e-commerce company in Hungary. Both IdoSell and Shoprenter are e-commerce leaders in their respective countries. Paweł Fornalski, CEO […]
Claris ventures announces final closing: €85 million for Italian biotech
Claris Ventures SGR announces the final closing of “Claris Biotech I” fund and “Claris Biotech I – Parallel Fund” for a total amount of € 85m. The capital raised will […]
Danish FinTech HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
HelloFlow, a Danish FinTech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp. The company revolutionizes client onboarding and identity verification in […]
Archbee spotlights documentation opportunity as it secures $1M funding
Documentation specialist Archbee recently announced it has secured US$1m in funding led by Inovo Venture Partners, the venture capital fund investing in technology start-ups across central & eastern Europe. Archbee […]
Serviceplan Group is thriving even in times of Covid-19
The Serviceplan Group successfully concluded the financial year ending 30 June 2021, with a fee turnover of 488 million Euros. This 9 per cent increase over the previous year (448 […]
EIF rolls out a EUR 100m COVID-19 InnovFin support fund for innovative companies with its first investments
The European Commission is partnering with the European Investment Fund, to announce the first two investments from the EUR 100 million COVID-19 equity financing RE-FIT facility for tech companies across […]
Panakès Partners announces the first closing of its new “purple” global biotech/ medtech fund at €150 million
Panakès Partners, the leading Italian venture capital firm in the Life Sciences sector, announces the first closing of its €150 million ($180 million) Purple Fund, the firm’s second fund. Panakès’ […]
Bright Spaces raises €1.5M for its end-to-end digital leasing platform from lead investor Axeleo Capital together with Pi Labs, Sparking Capital, Growceanu and strategic Angel Investors
Bright Spaces’ solution allows future tenants to visualize and interact digitally with an office space in 3D, discover its main tech specs, surroundings, main points of interest as well as […]
Additional EU funds for Bavarian startups
The European Investment Fund (EIF) and LfA Förderbank Bayern are expanding their successful partnership for startups. The LfA-EIF Facility, a fund of funds aiming to improve financing conditions for innovative […]