All Posts

The 7 Hottest Startup Hubs in the CEE Region, Part 1

The CEE region is the place for entrepreneurs with innovative ideas. It follows that it’s also the hot spot for investors right now. It’s also the place for companies wanting to build an intrapreneurship culture, or to partner with exciting new tech. We know this region as a whole is a-buzz because of the unique combination of low labour costs, high levels of education, and a young population with high rates of software developers and engineers. But which are the best CEE hubs to focus on?

In this article, the first of a two-part regional profile, we’re going to profile some of the more exciting CEE startup ecosystems, and the sorts of technology businesses they’re creating right now.

WS9_F_C_1FB_ENG

The 7 Hottest Innovation Hubs in CEE, Part 1: Czech Republic, Estonia, Hungary & Romania 

Central and Eastern Europe (CEE) covers a big area. Within it are Lithuania, Bulgaria, Romania, Czech Republic, Latvia, Slovakia, Poland, Hungary, and Croatia. With such a large area and so much happening, this article offers a snapshot introduction. For a more exhaustive list – get your tickets to the year’s Wolves Summit in Warsaw.

WS10_F_0AB_1FB_ENG_Czechyc

1. Czech Republic 


The cybersecurity giants AVAST Software and AVG Technologies both came out of the Czech Republic. As did Kiwi.com, GoodData, Survio, Apiary.io, and BudgetBakers. The Czech Republic is one of the second-largest private equity markets in CEE. The cost of living in Prague is far less than in other European cities with a comparable standard of living, such as London. They have an enviable fast average internet connection speed, making it an attractive place to set up advanced tech startups.

As in the rest of CEE, talent is also relatively cheap and highly educated. Prague can also boast about a number of smart-city pilot projects, such as solar-powered park benches with WiFi and phone charging, and trash bins that both compact waste and let the collection company know when they’re ready for pickup and emptying.

So what are the latest and greatest startups coming our of Czech Republic, looking for the right investor? At the 9th Wolves Summit we saw 15 impressive entrepreneurs. Amongst them was 3D printing company THEOSUN TECHNOLOGIES S.R.O., which produce robotic rehabilitation exoskeletons. There was FinTech SPENDEE and advertising and marketing SaaS solution PUSHKETING. Live stream entertainment startup PROVOCO and outdoor activity booking solution OUTDOORVISIT S.R.O. also made waves.

If you like the sound of meeting an up-and-coming startup from the Czech Republic, don’t miss the 10th iteration of Wolves Summit.

 

WS10_F_0AB_1FB_ENG_Estonia

2. Estonia 


Home of international money transfer service TransferWise and online communication platform Skype, Estonia has had an interesting leg-up for entrepreneurship from an unexpected source: its government. Early in the 1990s, its government went seriously digital, encouraging a tech-focused economy.

Today, the country’s health records are cloud-based, as much as 98% of the country’s bank transfers take place online, and a quarter of the population vote online. What’s more, the government has worked hard to make the logistics of doing business easier. And so, in Estonia, it takes 15 minutes to register a country and less than 10 minutes to file your annual tax return. Not bad at all!

At the last Wolves Summit, there were 17 StartUps from Estonia. From augmented reality company ALPHA AR OÜ, to aerospace company SPACEIT, and Fintech solution TAP2PAY, the variety of deep tech startups from Estonia is impressive. What next-big-thing will you find in your talks with Estonian startups at this next Wolves Summit?

WS10_F_0AB_1FB_ENG_Węgry

3. Hungary

You’ve no doubt heard of Budapest unicorn Prezi, the presentation tool that offered the world a very viable alternative to PowerPoint. It now has over 100 million users, making its first acquisition two years ago. Then there’s LogMeIn, founded in Budapest in 2003, now with HQ in Boston, and which has passed the $1 billion valuation mark. Live video streaming company Ustream (acquired by IBM in 2018), navigation solution NNG (now used by iPhone and carmakers), and award-winning call and messaging service CryptTalk, are other notables from Hungary.

Hungary offers entrepreneurs and companies a large pool of talented developers and engineers, willing to work at affordable rates. Add to that it’s cheap, very fast broadband and the many popular startup events around town, and you’ve got a recipe for a successful startup hub.

Institutions like Design Terminal ensure the nation’s creative industries are stimulated and supported. It also has a growing VC scene, with operators like Conor Fund, Day One Capital, Primus Capital and Fiedler Capital to be found there, supporting the tech sector with funds and crucial mentoring.

Let’s take a look at the six startup companies representing Hungary at the last iteration of Wolves Summit back in March 2019:

BLUE COLIBRI: a cutting-edge mobile platform that supports internal communication and engagement for large scale businesses

METIS FINANCE KFT: A data analytics solution for financial institutions and their SME clients, allowing an overview of client's performance, able to predict selling opportunities such as likely liquidity squeezes

TRUUPER: Helps people work smarter by automatically sharing the best knowledge in real-time. This solution enables companies to work at scale since they can get started with no existing IT integration projects

SIXIDE: Develops 3D interactive and playable advertising surfaces

SUPP.LI KFT: Directly links European SME food producers with European hotels, restaurants and chefs to allow direct purchase of speciality, unique food products

WEB-TREASURY: An online, plain vanilla FX spot conversion solution with an intra-day settlement and with reasonable margins for local (Hungarian and CEE) small and mid-sized companies.

WS10_F_0AB_1FB_ENG_Rumuniac4. Romania 

Once upon a time, two Romanians created a technology they called LiveRail, which came to be bought by Facebook for over $400 million USD. That’s just one of a number of startup fairy tales coming true in today’s Romania.

The low cost of living and tech infrastructure in Romania make it a growing tech hub. It’s had fibre optics for more than 10 years, and they currently hold position number 5 in broadband internet speed worldwide.

The country’s recent growth has mainly happened thinks to its booming SME scene. In 2018, the Romanian city of Cluj had 15,000 IT specialists and 1300 IT businesses. IT companies generate over 40 million euros annually there. Then there’s Bucharest, a city with fast internet, low cost of living, and great intellectual capital. There are currently 259 start-ups, 435 founders, and 53,000 developers based there, many spread amongst its many coworking spaces.

At the 9th iteration of Wolves Summit we met these four high-potential Romanian start-ups:

TECH FORTUNE LTD: A fresh startup with big ambitions, that helps build, improve and maintain your employee's success

TECHEESE: A pocket POS system for any restaurant and their clients

THINKOUT: A cash flow management platform for SMEs, which delivers financial analysis and forecasting based on the bank transactions history

TIMESAFE SRL: Makers of Pago, the app for managing and paying all utility bills from one account. Bills get updated in real-time and are ready to be paid, all with one confirmation. The Fintech app also offers easy access to insurance, mobile top-ups and instant money transfers.

 

Meet Your Next Great Investment at Wolves Summit

There you have it, that concludes Part 1 of our profile of some of the greatest innovation hubs in today’s CEE region. Be sure to read Part 2 where we look at Slovakia, Lithuania, and the home of the 10th Wolves Summit, Poland. Now’s the time to get your tickets to this all-important congress of VCs, startups, companies and more. To be one of the more than 1500 attendees, go ahead and make the most of more than 3000 pre-scheduled B2B meetings. Get your ticket now!

Related Posts

50 High-Growth Companies to Watch

WolvesMatchthis week presents: Recruitment startup that is minimizing business risks with guarantees and success-fee pricing offering talent as a service. They can support your company in building an efficient and reliable team tailored to your needs. Revenue from last 12 months is over 1M euros. Cybersecurity platform that combats ad fraud, fake traffic, and and GenAI threats. It detects non-human activity and highlights optimal marketing decisions for business growth. It ensures secure data sharing to reduce online fraud and enhance business operations. This startup is developing solutions to further enhance their capabilities and meet the evolving needs of clients, who will need to follow the mandatory CSRD compliance and reporting. ARR of 150K euros. Generative AI codeless platform. With the process simplified to Discover Deliver, this NoOps framework removes the entire technicality of software building and allows for greater focus on functionality experiences, vital to the adoption of business enterprisenapplications. Data integration platform that revolutionizes how businesses handle complex, distributed systems; integration. Offering a distributed execution environment, it seamlessly connects cloud services, IoT devices, and on-premise systems, facilitating real-time data processing across multiple locations. Due diligence based framework: a data-driven marketplace for validated, tracked filmed entertainment investments and assets. The team has ‘edge’ over other players, with its understanding of the market, its processes and finance flows, as well as technology and institutional finance. Currently raising 300K euros in pre-seed round. Innovative web service for personalized menus based on your dietary restrictions and diet goals, for the global HORECA (Hotel, Restaurants and Catering Services) industry companies and also for the Guest User that cannot find valid food options from the market. Company that has been dealing with many aspects of insect breeding for four years. With the development of the technology for separating chitin shells from insects, they started working on the production of chitosan products. It is a super bio material with many applications. ARR of 100K euros already. Company that is making products in the benefit of society and trying to put optimum efforts to make the society safe & peaceful. They realize that the advantage of bringing new innovative system creating an open-extravagant opportunity to team up and work on a product that allows extending towards mankind. Detailed lab reports using AI and anonymized data from individuals and medical centers to give you clear health insights. They've built partnerships with medical centers to detect common and rare diseases. Startup that links real mobile devices worldwide into a planetary testing lab. Thanks to software optimizations and H/W crowdsourcing, they can affordably (even 100x cheaper) share remote access to any device between development and testing teams. Revenue from that last year reached nearly 100K euros. Online marketplace that connects avid gamers with mentors to improve their gaming skills. On the other hand, it empowers skilled gamers to become freelance mentors, monetizing their expertise. In collaboration with universtities, this startup is developing an AI-powered mobile app that helps people understand how others perceive them and their online content, enabling them to make more informed decisions. Ite invites impact-minded individuals to join this journey in enhancing people's awareness and improving the overall culture of social media through self-reflection. Marketplace that is matching customers with the right mental health therapist in an anxiety-free way. No catalogues or pre-allocated single specialists, as a customer must remain with a choice, yet this choice must be anxiety-free. Over 2000 clients already. BlaBlaCar for packages, offering a revolutionary peer-to-peer delivery platform as a mobile app to disrupt the package delivery industry. With a solid foundation in place, they have already achieved significant milestones, including a rapidly expanding user base and successful pilot programs. This company aims to transform agriculture through innovation and sustainability, paving the way for a greener and more prosperous tomorrow. With a deep understanding of the challenges facing the agricultural sector today, they have harnessed the power of cutting- edge technologies like artificial intelligence, blockchain, and data analytics to develop solutions that optimize farm operations, minimize environmental impact, and enhance overall efficiency. Startup that is on a mission to drive innovation and transform businesses through technology. It works with dynamic team of tech enthusiasts dedicated to crafting cutting-edge solutions that make a difference. AI website generator with built-in Conversion Engine. Born in the tech hubs of Ukraine, it is rewriting the rules of the Web. They invented a completely new way of doing website development where the customer decides what your website will look like, and you have the easiest, cheapest way to generate and promote an effective website. Raising 150K euros in seed round. Dedicated team of professionals passionate about DevOps, Cloud Solutions, and Infrastructure, helping their customers to achieve the next level of infrastructure maturity, optimize costs, simplify management, solve availability issues and build internal development and delivery processes based on their knowledge. ARR of 200K $. Hybrid app for both iOS and Android to reach the market faster while optimizing your budget. This agency studies your users’ needs to turn them into beautiful, intuitive products. Software product development and IT consulting company with a world-class team of over 600 experts with extensive expertise in solving big-time technical challenges, efficiently managing large-scale software development efforts, and seamlessly integrating with the client’s business through tailored, long-term partnerships for delivering cutting-edge tech solutions that drive clients growth. Revenue from last 12 months is over 1M $. Innovative pivot on marketing automation with focusing on external triggers surrounding real customers rather than only their online activity. It links these external data with marketing campaigns simultaneously with different logical operator and with their AI which saves advertisers budgets, time and drive higher conversion rates. Company that identifies a Unique Value Proposition and benefits of the customer’s offer. Then identifies the best-matching target groups (customer’s clients), and with AI defines the most likely questions about the offering in 5 stages of awareness. Based on this generates email templates addressing these questions, setting convincing communication and performs email campaigns. EdTech startup with a mission to help 1 million people worldwide build their careers in IT. Their team challenges educational processes in Ukraine and the world, changing the pattern that obtaining an IT profession from scratch is nearly impossible, ARR of 15M $. AI based self-adaptive noise elimination technology that can eliminate up to130dB of environmental background noise in real-time and deliver clear voice . Mission of this startup is to automate and streamline the logistics and material handling processes, eliminating the need for additional infrastructure and maximizing efficiency. Their product not only offers superior efficiency and flexibility, but it also comes at a highly competitive price. Over 1.5M euros of ARR. Brand new social media app. No frills, no meetings, no scheduling - just share. With this solution you can easily signal your friends that you want to do something. Just create an event yourself or look at your friends; events. You reach all of your friends at once, with just one app. Company that provides comprehensive eLearning infrastructure tailored to the needs of both businesses and formal education institutions, enhancing their learning experiences. Platform designed to enable the development of smarter, more connected, and sustainable communities. It integrates various technologies such as Internet of Things (IoT), artificial intelligence (AI), cloud computing, big data, and others to improve the quality of life, security, and sustainability in urban and rural areas. Startup that provides technology that allows connected cars to discover and seamlessly pay for services around the driver - for example road tolls, parking, refueling or recharging. As a result, the overall driving experience is much more convenient, but also safer and with lower emissions. ARR of 100K euros. This company's mission is to promote sustainable mobility by replacing the fleet of combustion cars with electric cars. They want to contribute to the protection of the environment by reducing harmful emissions and increasing energy efficiency, as well as increasing driving comfort and safety for our customers. They’re a team of industry veterans from the semiconductor world, driven by a shared vision. The goal is to solve a major challenge in the $130 billion lighting market - bringing the warmth and comfort of natural daylight indoors, efficiently. Over 100K euros of revenue in past 12 months. Medical technology company that provides artificial intelligence (AI) solutions for advanced assessment and analysis of brain MRI studies. This software enables precise segmentation of the brain and determination of the volume of individual brain structures, utilizing standard atlases such as the Desikan-Killiany and Destrieux atlases. Supported by a distinct dataset and a seasoned team of professionals, it ensures cutting-edge solutions for advanced healthcare needs. Technology outsourcing company specializing in web app solution development that transforms businesses through innovative digital solutions. With a team of talented designers and developers, it crafts visually stunning and highly functional websites that captivate audiences and drive results. World’s first solar-powered family vehicle with full autonomy. Once the solar panels are deployed, the van transforms into a completely self-sufficient home on wheels, requiring no external power sources. Made of eco materials Highly efficient and lightweight aerospace- grade carbon fibre has been replaced by linen fabric, which is equal in quality but superior to carbon insustainability. This startup offers unique career guidance tailored to individual needs, addressing the impact of AI on employment. The service provides resume and cover letter optimization, one- on-one consultations, and role-playing to prepare for job interviews, salary negotiations, and promotion discussions. Revolutionary system that outsources user management and offers passwordless technology, addressing the burdens and security risks faced by system operators. Providing validated users and enhancing user experience, it simplifies online identity management. Aiming at 500M $ market. Stockholm based startup developing a scalable screening tool utilising machine learning technology to identify facial digital biomarkers associated with early stage dementia. The tool is a Software as a Service (SaaS) digital platform which can be downloaded onto a smartphone or tablet to upload facial images. Fully conversational medical pet robot, aimed at improving brain health and wellness of elderly population, mainly those suffering from loneliness, social isolation and their related mental and cognitive states. An AI based Platform with full free flowing conversational capabilities, voice and tone emotion recognition, and predictive medical analytics. Currently raising 5M $. Unique platform that facilitates peer-to-peer delivery and shopping, linking travelers with people interested in buying items from overseas. This platform functions as a marketplace that enables travellers to make money by assisting shoppers in acquiring and delivering products that may be difficult to access or are sought after at a more affordable price. ARR of 500K $. Mobile application that will give you control over phone inquiries in your company. It is a complete lead generation solution, supporting the sales and customer service process, which will work well in any industry - manufacturing, service and retail. Pioneering education platform transforming business education into an interactive, gamified experience, where students engage in both competitive play and in-depth business case studies. They address the declining interest in traditional business school methods by offering a modern, digital approach that enhances decision-making and strategic thinking. Currently raising 300K $ in pre-seed round. An AI cold outreach solution, landing new customer demos for B2B tech companies on autopilot. Few hundreds clients already. Startup that is developing an Internet Search Engine, unlocking information until now inaccessible to the common (well-known) search engines, enabling users to rediscover the Internet providing access to 400 times more information. For businesses it creates a new, level playing field providing free traffic and reducing time-to-market for new information from days or weeks to mere seconds. Next-gen of EDR with decentralized IA to protect devices like : - Hospital Medical Devices (80%+ involved in Cyberattacks) - Industrial OT : 70%+ are outdated and unpatched- Roaming laptops (mitigate human collateral risk factors). Forecasted ARR over 300K $. SaaS tool helps businesses increase the number of visitors searching products and services by using the all-in-one AI-based automation approach. Now raising 500K $ in seed round. Uber for pet-care, with everything within app – care, food, toys, vet, health, hotels and many more. Revolutionary shopping assistant that is designed to simplify and enhance your online shopping experience. They are on a mission to transform the way you shop, offering personalized product recommendations and expert guidance, all at your fingertips. An AI-driven platform that works as a Compliance Hub and provides regulatory reporting for newer regulations for Financial Industry. It reduces the cost of compliance by 50%. Average ARR per client is 80K $. Flooding prediction using AI displaying impacted areas on live map up to 5 days in advance with an accuracy range of 85-95%. This predictive model is trained with decades of data, and it is fully scalable, with the potential to be applied globally anywhere, anytime. It can help insurance companies, governments, and infrastructure managers in reducing damage, managing flood risk, and planning for emergencies before, during, and after a flood event. Currently raising 600K euros. If you are an Investor and would like to see detailed Information and Contact details of the founders, please activate your Subscription to our Premium service here . If you're a Startup seeking capital, feel free to submit your details for consideration at no cost here.

Top 50 High-Growth Ventures Seeking Investment: Your Next Big Opportunity

WolvesMatchthis week presents: Innovative SaaS payment and tokenization solution that connects traditional financial systems with modern technologies, empowering financial companies and banks to unlock new business models, offer next-gen customer experiences, and operate more efficiently with instant transactions and better asset liquidity. Startup developing a digital passport system for ESG data, supported by blockchain technology. Their solution integrates ERP and CRM systems, using a proprietary solution to automate the processes of collecting and processing non-financial data, which is a key value for SMEs in the manufacturing industry in the context of EU legislative changes. AI-powered software for rapid and accurate video and document translation, subtitling, and dubbing with ARR of 4M euros. AI-powered personal stylist that offers recommendations to help you look and feel your best, surpassing 3M euro of revenue in past 12 months. Machine translation for business based on AI. This technology can translate millions of text blocks, webpages, files, audio, and in 100 languages for 1 day for just $100 with best-in-class translation quality and total security. ARR of 1M euros. Innovative employee benefit, enabling employees to withdraw part of their earned salary during the month, when they need it. The funds paid out are then automatically settled against the employee's future salary using plugin in payrolls systems. It also provides a legal and financial benefits where employees can get advice on these topics from experts. Revenue from last 12 months is over 500k USD This startup helps B2B SaaS sales teams with smart deal selection and insights for deal closure. A device that combats bee parasite and diagnoses the degree of infection with ultrasounds. Regular prevention of bees from the varroa parasite (which can kill entire bee familes) is a huge, global challenge for beekeepers. This is the first ecological, safe and effective method. It lasts for 10 years and can serve up to 3 hives. Real estate and rental management company based in Warsaw, specializing in the swift and convenient rental of flats, apartments, and houses. Advanced digital pricelist for hotels, restaurants, caffe bars, clubs... Multilingual with features like call waiter, POS, ordering, room orders, dine in, take out, credit card payments, vouchers, loyalty system, delivery, AI WhatsApp support. Autonomous sea cleaning, pollution monitoring, and research vessels, with their flagship vessel with an autonomy level of 5. Leveraging cameras and autonomous radar/LIDAR sensors, it detects and reports waste on the sea surface. The vessel's carbon emissions are significantly lower than traditional methods, making it an eco-friendly solution. ARR close to 3M euros. Digital platform that leverages gaming, data, and interactive dialogues to deliver personalized diagnosis and care support. They operate on a B2B SaaS model for care providers, offering financial incentives through reimbursement bills for remote therapeutic monitoring. This startup introduces an innovative platform for detecting Generative AI Content, offering a blend of efficiency and sustainability. Instead of relying on resource-intensive Deep Learning models, they employ mathematical hypotheses that effectively distinguish between AI-generated and human-authored content. Currently raising 3M $ in pre-seed round. Reagents allow the introduction of various types of macromolecules (from polymers and proteins to DNA molecules) into mammalian cells. This product works by disintegrating intracellular vesicles under osmotic shock. During disintegration, the probes inside the vesicles are released into the cell. Mobile app for holistic facial skincare. They help to provide skincare with AR and AI, users can follow skincare procedures at home (massage and facial fitness), as well as pick up cosmetics and learn about proper skincare routine. Revolutionary platform designed to empower drinks producers by facilitating direct market entry worldwide, eliminating the dependency on importers or distributors. Through this platform producers sell to both B2B and retail customers thus maximising the revenue they can generate from their brands. Currently raising 350k euros in pre-seed round. AI-powered platform offering users the ability to create a digital clone of themselves, including their thoughts, their voice and appearance with a lifelike 3D avatar. It allows creating private and public clones in 7 different languages. For AI chatbots and virtual assistants alone by 2025 the market size prediction is $50B. Providing food trucks with a web app that digitalizes queues. Customers can order food through the app, and it can monitor the entire ordering process. This allows us to predict the amount of food that a food truck needs to purchase before an event, which reduces food waste. BlaBlaCar for packages, offering a revolutionary peer-to-peer delivery platform as a mobile app to disrupt the package delivery industry. Solution for people on-the-go who are in need of a quick recharge for their mobile devices. With this service, users can easily rent a powerbank from one of our conveniently located charging stations and return it anywhere once they're finished using it. Currently raising 300k euros. Pioneering AI-driven Cyber-Security Assistant that enables enterprise-level security for companies of all sizes by making it simple and affordable. B2B SaaS insurance comparator and conclusion software for insurance distributors. Insurance distributors use this SaaS instead of building API connections to all insurers on the market. Revenue from last year surpassed 200k euros. Innovative drink startup set to introduce in the EU market the most successful RTD Party Drinks that are booming in the US. Focusing on strategic key geo-locations where the demand is high and the competition is absent. Platform for scheduling and managing online appointments, the first of its kind in Kosovo. Exposure to a wide network of salons provides users with multiple choices. Game that will change the way young people perceive city management. It combines elements of strategy, creativity and interaction, offering a unique experience for both players and educators .This board game is based on the concept of city management, where players make decisions as city residents, and bear bureaucrats introduce additional challenges and throw obstacles in the way of players. Democratizing the high-tech revolution in pest control. This solution consists of smart devices, an AI platform and applications, and solves most burning problems, which are:- for pest control companies: too large a share of wages in revenue, shortage of technicians and high cost of quality supervision,- for cities: inability to get rid of rats, inability to obtain reliable data on the rodent situation, inability to measure the results of rodent control. ARR of 250K $. 3D model of your room with AI, fill it with real furniture and decorations (from local suppliers) to your choice and buy everything you have chosen in one click. Gave possibility for furniture producers make own virtual shop close to the customers flat. Innovative support system designed to enhance the efficiency and effectiveness of medical care staff in hospitals, nursing homes, and home-based care settings. It leverages cutting-edge AI Vision technology to continuously monitor patient safety and health by tracking sleep patterns and daily activities. Revenue in last 12 months is over 200K euros. AI-Enabled, On-Demand, Independent Consulting : It combines AI, new ways of working and collective intelligence to address complex clients issues. Marketing penknife platform for agency's and small business owners. They help to create, store and analysis ad insights and competitors. SaaS platform to match expert and client where the last one can assemble a set of mental health services, and the expert can easily find new clients. The project is designed to easily lead client to herapy through a quick individual ML based selection of the necessary help. Looking for 250k euros in pre-seed round. Cutting-edge platform designed to empower real estate owners and buyers. This platform facilitates direct interactions between buyers and sellers, eliminating the need for brokers and reducing costs. Group of activists and specialists in sustainability and ecology. They specialize in biopolymer materials, making our packaging compostable. Trying can replace plastic with greener alternatives. Modern workshop jewelry design and repair using the highest quality materials and modern techniques, they create unique rings, necklaces, earrings and bracelets that impress with their beauty and elegance. First marketing platform that provides companies with top specialists based on their project requirements such as: budget, industry, specialisation, timeline. Currently raising 500k euros. Comprehensive services include fulfillment, incentive consultancy, storage, logistics, and e-commerce integrations, all designed to enhance sales within the European market. From the initial decision-making processes through to the customer’s receipt of the product and return automation, our expert team is committed to helping deliver your products efficiently and cost-effectively across Europe. Diverse team of software engineers, scientists, strategists, and designers that are working with the single-minded mission of breaking down barriers of geography and personality. Safe space where anyone can find their tribe and have a real conversation. It's virtual, but the bonds you'd make here are very much real. Space for building and shaping a professional career. It is intended to increase employment efficiency (reduce churn) and shorten recruitment time (candidate matching). AI-driven platform designed to simplify the EU funding process for SMEs. Unique solution that automates the search and application process for EU grants, making it more accessible and manageable for small and medium-sized businesses. This startup redefines business trust with the power of AI-driven transparency. It empowers companies to evaluate partnerships, showcase compliance, and secure a competitive edge. Hybrid Engine Surveillance Drones with 5-hour flight endurance and Heavy Lift Drones with a 70 kg capacity, redefining the standards for unmanned aerial solutions. Elevate your operations with our unwavering commitment to innovation and precision engineering. ARR of 100K euros. Recruiting and outsourcing companies that send fully vetted candidates in less than 48 hours, always within budget and for much less than the industry standard. Revenue in last 12 months exceeded 250K $. Fire protection agent, an advanced formula is now in, the only organic agent that extinguishes all types of fires from A to B + Lithium batteries. Leading global cloud solution provider. As a born-in-the-cloud partner focused entirely on AWS, this is a one-stop shop for cloud solutions, including Cloud consulting, Cloud migration, Big Data and Analytics and more. ARR of 12M $. Easiest and foremost global lending system, making it easy to obtain loan for people and companies. This platform will combine all lenders in the world with their potential clients with just one click. Clinically proven software technology for accurate measurement of Blood Pressure, Heart Rate, Breathing Rate and other vital-signs through 60s face-scan only with a smartphone or computer. Currently raising 2M euros. Trusted partner for businesses seeking innovative, high-quality software solutions. Their commitment to building a positive culture, fostering strong relationships, and delivering exceptional results sets us apart from the rest. Over 150K $ of revenue this year alone. SaaS solution to operate EV chargers, with payment collection, load balancing, providing demand, flexibility and more. A payment solution for clients, agencies, and freelancers in the service industry. They offer industry-grade contracts where transactions are split into incremental and upfront instalments, all backed by the Web3 Escrow engine(safe vault). Innovative mobile application designed to revolutionize accessibility for visually impaired and blind individuals. It empowers users by providing real-time audio descriptions of their surroundings, enabling them to navigate independently. By leveraging cutting-edge AI and machine learning technologies, it identifies objects, reads text, and describes environments, enhancing users' quality of life and fostering inclusivity. If you are an Investor and would like to see detailed Information and Contact details of the founders, please activate your Subscription to our Premium service here. If you're a Startup seeking capital, feel free to submit your details for consideration at no cost here.

Investment Insights: 50 High-Growth Startups Ready for Funding

WolvesMatchthis week presents: From Ukraine, new online service and a single digital workspace for managing key processes of SMEs with a focus on results. It's communication, collaboration and sales. B2B oriented, with ARR of 130K EUR. Cutting-edge enterprise software for creating and deploying self-executing contracts and legal documents. UK based, it is meticulously crafted for build-to-let developers and businesses managing expansive property portfolios, where such automation can dramatically reduce costs. Estonian startup that revolutionises long term care: 13.5m new caregivers are needed by 2040 in OECD countries, and their AI driven solution will help to solve it. Aiming to transform long term care and home care, and the care sector, and then with the help of AI plan to hire and train 6m new care givers. Close more deals with ROI-focused lead acquisition: this Ukrainian company combines a result-oriented approach and industry-proven expertise to help you build a consistent and predictable sales channel. Transform and grow your wholesale business streamlining your sales process and eliminating manual workflows is just one click away. This B2B startup based in Poland is building donation distribution marketplace with local charities on supply side, and businesses checkouts on demand. 5K EUR of ARR so far. Company that provides an AI-driven platform tailored for optimizing recruitment processes. Their AI assistant, BOE, helps streamline hiring by integrating seamlessly with existing ATS systems. Currently raising 1M EUR at pre-seed round. This Estonian startup digitizes waste management processes by leveraging the power of AI in the form of a waste analytics platform, to help propel organizations towards a circular economy. Looking for 500K EUR of investment. Combating textile waste in the fashion industry by offering brands a complete solution for unwanted clothes. They repair, upcycle, wash and clean returned garments, giving them a second life and reducing landfill waste. For unusable textiles, it creates its own sustainable clothing line and resells repaired items through a collaborative e-commerce platform. Cooperating with brands to make fashion more sustainable and profitable. ARR of 60K EUR. Dutch startup with the ambition to change the landscape of non invasive heart diagnostics. Software based solutions support physicians in 12 lead Electrocardiogram interpretation. Main product makes ECG interpretation better (from 55% to 90% average accuracy in OK vs not OK distinction), easier and faster. The founders team combines over 60 years of experience in computerized cardiac modelling and diagnostics. Polish startup that creates the media mix of gaming. Bringing brands into it in the most native and human way - through creators. Their first vertical is gaming live-streaming by streamlining the collaboration of over 130 000 streamers and 170 brands (inc. Netflix, Samsung, Xbox, Disney, Porsche) in 12 markets. ARR of almost 2M EUR this year. German company that gets people going on their financial goals. Sending users daily money mindfulness activities for four weeks that motivate them to take action on their financial goals. Their daily activities are convenient, self-directed, and tailored with AI. Groundbreaking eco-friendly AC system that consumes up to 90% less electricity than traditional models. Patented plug-and-play device eliminates the need for an outdoor unit, offering an affordable, sustainable cooling solution. Now raising 200K in pre-seed round. Company developing new technologies using the agroecological approach to provide plants with nutrition and protection to reduce the use of agrochemicals in agricultural production and encourage the production of functional, healthy and quality food. The company uses a combination of innovative, cutting-edge, high-quality and high efficiency technologies in the process of preparing agro-ecological plant protection and nutrition formulas, and transferring knowledge and technology to other companies engaged in the same field. Startup from Georgia unlock financial inclusion with a simple mobile-first digital tool which helps microenterprises issue invoices, record expenses, track inventory and do much more from their phone. The data from the app is fed into AI/ML tools to give supplemental data for risk scoring for businesses in the Global South. SaaS is an 'über-ERP' an AI powered simulation & analysis value chain optimization service for B2B businesses. Currently seeking for 1M EUR in seed round. Company that repurpose hazardous waste, which no one recycles, into the most ecological building material, fully recyclable with zero emission production and zero water consumption. Tring to aim market worth over 100B EUR worldwide. Platform for marketing specialists to raise conversion from customers' unconscious emotion AI. Over 25K EUR of revenue this year. This German startup harnesses cutting-edge AI technology to create virtual friends, offering users personalized and interactive companionship. AI-powered avatars are capable of holding conversations, learning preferences, and adapting to user interactions, providing a unique blend of entertainment, support, and social connection. This innovative solution not only addresses the increasing demand for digital interaction but also taps into markets ranging from mental health support to customer service. Polish AI-based autonomous POD powered by computer vision, that enables quick and convenient shopping in locations with limited space and high flow of people. This product aims to make this possible outdoors and across various sports disciplines. Their goal is to achieve a sports reform that transforms the relationship between competitive athletes and coaches. They intend to accomplish this by developing a sports garment capable of capturing, analyzing, and evaluating the entire body’s movement culture. Bringing research to life for inclusive education. Their aim is to help people with learning difficulties easily comprehend complex research papers by translating them into fun and engaging visuals using the power of AI. Provider of comprehensive project services and resources. Startup that handle everything from start to finish, including planning (PM), UI/UX design, development and testing. No matter what industry you're in, they'll make sure our solutions meet your needs. Instant safety solution: with crime rates rising and emergency response times falling short, they’re the answer to your safety concerns. App that provides instant access to trained professionals, real-time monitoring, and swift response in any emergency. 20K EUR of revenue this year alone. User-friendly app, likened to Uber for its quick booking process, allowing pet owners to easily secure a pet sitter. Emulating a Tinder-style approach, it ensures smooth matching between pet owners and sitters for efficient connection and arrangement of services. The platform emphasizes community through a verification system where pet sitters are ranked and reviewed by users. ARR of 10K EUR this year. Fintech startup providing lending for businesses in a digital way. Client can apply and get money fully online. The business and credit model is proved as they’ve reached break even and generate 60K EUR of MRR. Ready to scale the business. This startup from Latvia develops alcohol-free wine powder and tables, that provide the whole spectrum of wine health benefits, proven in pre-clinical and clinical trials, coupled with a pleasant wine-like taste, when dissolved in water. Delivering innovative packaging into logistic industry as sustainable alternative to current single use carton packages: package filling solutions like: paper, foam, plastic bubbles or molded fiber. The company is offering returnable, reusable, modular secondary pack solution for e-commerce industry (B2C) that can be as well used beyond pure e-commerce i.e. within company internal logistic chain (B2B). Technology startup specializing in advanced aquaponic systems that integrate IoT and AI to streamline plant and fish production globally. Looking for 750K EUR of investment. Solution for vocal coaches and their students (singers). The vocal coaches problem is that singers do not practice or practice in a wrong way between singing lessons which slows down the progress and can be damaging to their voice. This is a virtual assistant for vocal coaches that helps their students practice properly and regularly between singing lessons and gives vocal coaches a full insight into how their students have been practicing. Digital platform from Greece that connects students and young individuals with flexible job opportunities, providing a convenient and efficient way for employers to find temporary workers. Through user-friendly website and in-app chat functionality, they aims to streamline the process of matching job seekers with employers, creating a win-win situation for both parties Leading AI-driven automation which helps reduce complexity and costs by 80%. At pre- seed round their looking for 450K EUR of investment. This company addresses the critical issue of security in Web 3.0 by deploying a network of AI agents that identify and counter vulnerabilities. They help auditors, audit firms, Blockchain developers and protocols to simplify and accelerate the entire auditing process. Polish company that designs and produce the bricks from beech wood. They are first wooden bricks, compatible with LEGO standard. Their priorities are safety and children’s enjoyment of a natural, aesthetic and creative toy. ARR of 10K EUR. New social media platform (Mobile & Web application) designed with the primary purpose of presenting successful, inspiring stories. Users can upload brief videos highlighting their achievements, share motivational content, and document their personal journeys towards success. Polish startup working on a robot to perform service work on wind turbines without the need to use climbers and cranes. The robot will also be the only one in the world that will be able to carry out fire-fighting and rescue operations. Additionally, they are implementing an agro pv project together with the Tauron group. 250K EUR of revenue from last year. New way for young adults to implement change into their life. Practically, cost-friendly and reliably. Startup that creates practice workbooks regarding soft skills in early adulthood. An air purifying cover for baby strollers that guarantees safe and healthy walks for children up to 3yo. The cover is compatible with the most popular models of earlier and later prams. Automatic planner of waste collection schedules and routes that makes the work of dispatchers and drivers easier, reduces costs and protects the environment from excessive fuel consumption. Over 30K EUR of revenu from past 12 months Comprehensive supply chain management platform for the apparel and textile industry through SaaS. It includes features such as mapping complete supply chains, assessing and selecting suppliers based on sustainable development indicators, certifications, carbon footprint calculations, and product tracking and authentication. System that automatically plans routes for your fleet, facilitates the work of dispatchers and drivers, reduces your costs and protects the environment against excessive fuel consumption. ARR of 30K EUR. Swedish SaaS screening solution that is designed to detect digital biomarkers associated with early signs of dementia by analysing facial features utilising computer vision and machine learning. This innovative screening tool offers a non-invasive, objective, and universally accessible method for early-stage dementia detection. With our remote mass screening solution, we aim to provide quality access to dementia screening and maximise the likelihood of positive outcomes for all individuals. Through our initiatives, we strive to increase awareness, eliminate the stigma and reduce the burden posed on healthcare systems, social services, and economies worldwide. Seeking for 500K EUR of investment in pre-seed round. Cybersecurity for business managers who need to quickly set up an effective IT security management process. With r unique technology, emphasizing threat exposure quantification over generic risk scoring metrics, this platform provides a 360° view that clearly sets the direction for necessary corrective actions. Simplifying the complex, our tools are designed for usability, primarily for for non-IT personnel, leading to a 75% adoption rate among C-level management. Almost 200K EUR of revenue in past year. AI-driven solution designed to optimize recruitment tasks. Their AI assistant, BOE, efficiently collaborates with current ATS systems to streamline the hiring process. Looking for 500K EUR of investment. All-in-one solution that connects entrepreneurs, universities, and students in one seamless ecosystem. Fintech payment services, allows merchants to activate payments on social media, messengers and websites. This solution activates payments for SMBs without coding skills using plugins, selling links, express checkout widget and integration with a website, social networks, ads, messengers. ARR of 300K EUR. AI Agents to spin off your company in minutes at a fraction of the current costs. They provide a personal team of AI assistants capable of helping you with all your business activities. Based in Amsterdam, this startup is revolutionizing the microfabrication industry by breaking down barriers currently preventing the mass production of complex microstructures. They’ve developed a novel microfabrication method in which a 3D structure is built using one million light beams, controlled by a proprietary computer algorithm. Clinical-stage biotech spin-off company from the largest Health Sciences University in the Baltic states. Team of medicines developers, regulatory experts, biotechnologists, and physicians have been trusted with €2 MM of non-dilutive public funding to develop a proprietary, GMP–grade, stromal cell bioreactor platform. They are advancing our lead program for patients sustaining acute kidney injury following cardiac surgery. Next generation of motion capture. No more restricting and weird-looking mocap suits, no more green screens, no more controllers. Their system uses AI for telemetry and programming for generating animations and operation/service etc. This solutions can be used in multiple ways e.g.:- v affordable and v convenient alternative to current mocap systems, applications to support various sports disciplines (e.g. virtual coach correcting the technique of selected activities, a system supporting the physical development/well-being of youth)- providing sports broadcast/coverage in VR and many more. Closed last year with almost 800K EUR of revenue. If you are an Investor and would like to see detailed Information and Contact details of the founders, please activate your Subscription to our Premium service here. If you're a Startup seeking capital, feel free to submit your details for consideration at no cost here.