Bulgaria's NV3 backs seven new startups, reinvests in portfolio firms

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Bulgaria's NV3 backs seven new startups, reinvests in portfolio firms

Bulgarian venture capital (VC) fund New Vision 3 (NV3) said it has injected a total of 3 million euro ($3.2 million) into seven local pre-seed startups to boost their innovation, efficiency and scalability.

  • 2 min read
  • Feb 25, 2024 2:19:06 PM

The new Baltic Startup Funding Report by FIRSTPICK and Change Ventures overviews the highs and lows of the startup funding peculiarities in the second half of 2023.

Startup funding took a blow globally in 2023 — a 38% decline was observed last year in comparison to 2022. U.S. startups faced similar hurdles, with startups receiving almost 30% less funding in 2023 than in the year prior.

  • 3 min read
  • Feb 25, 2024 2:07:52 PM

Danish fintech co-founded by Romanian launches with EUR 5 mln seed funding

spektr, a Copenhagen-based fintech company that aims to change ongoing due diligence processes in the financial sector, marked its official launch on Wednesday, February 21, after securing EUR 5 million support from venture capital funds.

  • 2 min read
  • Feb 25, 2024 2:03:51 PM

Lithuania-based Evergrowth receives €2 million pre-seed funding for AI-powered B2B sales platform

Evergrowth, a Vilnius-based AI-powered B2B account-based sales platform, has secured €2 million in pre-seed funding, led by Impellent Ventures and Practica Capital.

  • 2 min read
  • Feb 25, 2024 1:51:23 PM

Sunly secures financing to build 98 MW of Polish solar projects

Estonia-based renewable energy developer and producer Sunly said it has recently secured EUR 65.9 million (USD 70.9m) in financing to construct 58 solar farms totalling about 98 MW in Poland.

  • 2 min read
  • Feb 23, 2024 12:08:53 PM

Estonian startup Arbonics secures €5.5M to scale its forest-carbon removal platform

Tallinn-based Arbonics, a climate tech startup, announced in December that it has secured €5.5M in a Seed round of funding from NordicNinja, Plural, and Tilia Impact Ventures.

  • 2 min read
  • Feb 23, 2024 11:59:31 AM

Latvian Naco Technologies raises €1.2M for green hydrogen nano-coatings

Naco Technologies, a Riga-based company specializing in advanced nano-coatings for green hydrogen systems, recently secured a significant investment of €1.2 million in a pre-Series A round.

  • 2 min read
  • Feb 23, 2024 11:54:11 AM

    Bulgaria's NV3 backs seven new startups, reinvests in portfolio firms

    Bulgarian venture capital (VC) fund New Vision 3 (NV3) said it has injected a total of 3 million euro ($3.2 million) into seven local pre-seed startups to boost their innovation, efficiency and scalability.

    • 2 min read

    The new Baltic Startup Funding Report by FIRSTPICK and Change Ventures overviews the highs and lows of the startup funding peculiarities in the second half of 2023.

    Startup funding took a blow globally in 2023 — a 38% decline was observed last year in comparison to 2022. U.S. startups faced similar hurdles, with startups receiving almost 30% less funding in 2023 than in the year prior.

    • 3 min read

    Danish fintech co-founded by Romanian launches with EUR 5 mln seed funding

    spektr, a Copenhagen-based fintech company that aims to change ongoing due diligence processes in the financial sector, marked its official launch on Wednesday, February 21, after securing EUR 5 million support from venture capital funds.

    • 2 min read

    Lithuania-based Evergrowth receives €2 million pre-seed funding for AI-powered B2B sales platform

    Evergrowth, a Vilnius-based AI-powered B2B account-based sales platform, has secured €2 million in pre-seed funding, led by Impellent Ventures and Practica Capital.

    • 2 min read

    Sunly secures financing to build 98 MW of Polish solar projects

    Estonia-based renewable energy developer and producer Sunly said it has recently secured EUR 65.9 million (USD 70.9m) in financing to construct 58 solar farms totalling about 98 MW in Poland.

    • 2 min read

    Estonian startup Arbonics secures €5.5M to scale its forest-carbon removal platform

    Tallinn-based Arbonics, a climate tech startup, announced in December that it has secured €5.5M in a Seed round of funding from NordicNinja, Plural, and Tilia Impact Ventures.

    • 2 min read

    Latvian Naco Technologies raises €1.2M for green hydrogen nano-coatings

    Naco Technologies, a Riga-based company specializing in advanced nano-coatings for green hydrogen systems, recently secured a significant investment of €1.2 million in a pre-Series A round.

    • 2 min read

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