Get ready to explore the hottest startup funding rounds in Central and Eastern Europe in March 2023! From software to building materials, manufacturing and solar, investors are eyeing some exciting opportunities. Join us as we count down the top ten most interesting CEE fundraising rounds of the month and uncover the next big thing in the startup world!
Roofit.solar
Location: Tallinn, Estonia
Launch date: 2016
Funding Round: Venture Round €6.45M
Funding Source: BayWa r.e. Energy Ventures, EdgeCap Partners
Total funding received: €16.8M
Roofit.solar, based in Tallinn, Estonia, develops, manufactures and installs 2-in-1 building-integrated solar roofs. The unique solar roof modules combine state-of-the-art solar technology with traditional Nordic steel roofing processes and materials. The company has secured a €6.45M funding round led by BayWa r.e. Energy Ventures and EdgeCap Partners.
Atrandi Biosciences
Location: Vilnius, Lithuania
Launch date: 2016
Funding Round: Series A €4.4M
Funding Source: Metaplanet Holdings, Practica Capital, Vsquared Ventures
Total funding received: €5.5M
Atrandi Biosciences is a Lithuanian biotech company founded in 2016 with the aim of commercializing droplet microfluidic technology. The company is a pioneer in high-throughput analytical technologies. Droplet microfluidic and high throughput screening (HTS) methods are easy to adopt and apply. They have just raised €4.4M in a Series A funding round led by Metaplanet Holdings, Practica Capital and Vsquared Ventures.
HeavyFinance
Location: Vilnius, Lithuania
Launch date: 2020
Funding Round: Seed €3M
Funding Source: Black Pearls VC, Practica Capital
Total funding received: €4.2M
HeavyFinance, a fintech marketplace founded in Vilnius in 2020, is on a quest to eliminate one gigaton of CO2 emissions by 2050. The carbon credit system helps farmers store CO2 in the soil. The company connects farmers with investors and promotes sustainable soil management methods such as no-till farming. Black Pearls VC and Practica Capital led its recent seed round, which raised €3M.
Atomontage
Location: Bratislava, Slovakia
Launch date: 2017
Funding Round: Seed €2M
Funding Source: Makers Fund
Total funding received: €5.2M
Atomontage, based in Wilmington, is a deep-tech company with over fifteen years of dedicated R&D in volumetric 3D simulation and rendering IP. The company is working on a volumetric graphics and simulation platform that can handle massive data. They just raised a €2M seed round with Makers Fund and a group of relevant angel investors.
GameBoost
Location: Zagreb, Croatia
Launch date: 2022
Funding Round: Seed €2M
Funding Source: Feelsgood, Fil Rouge Capital (FRC)
Total funding received: €2.5M
GameBoost, founded in Zagreb in 2022, provides online game-boosting services, helping customers reach higher ranks and complete objectives with expert game boosters. They offer fast and reliable services for popular games, a user-friendly interface and secure payments. During their seed round, they raised €2M from Feelsgood and Fil Rouge Capital (FRC).
SUPERSONIC Food
Location: Warsaw, Poland
Launch date: 2020
Funding Round: Seed €1.5M
Funding Source: KnowledgeHub, YouNick Mint
Total funding received: €2.75M
SUPERSONIC Food, founded in Warsaw in 2020, is a company that offers creative and natural meals and drinks that focus on the health and performance of the body and mind. These are meal replacement products that replace typical meals and drinks, are unique in their formulation and contain the best plant components. The startup has just secured €1.5M in a seed round led by KnowledgeHub and YouNick Gold.
Epinote
Location: Warsaw, Poland
Launch date: 2020
Funding Round: Pre-Seed €300K
Funding Source: Corvus Ventures, Kogito Ventures, Luca Puccioni, Lucjan Samulowski, Movens Capital, Next Road Ventures, Wojtek Sadowski
Total funding received: €1.4M
Epinote is an annotation boutique based in Warsaw that provides high-quality data annotation and collection services. They specialize in computer vision, natural language processing (NLP) and search relevance projects such as image, video, text, and audio annotation. The company's staff consists entirely of in-house employees, most of whom are graduates of prestigious Polish universities. Corvus Ventures, Kogito Ventures, Luca Puccioni, Lucjan Samulowski, Movens Capital, Next Road Ventures and Wojtek Sadowski contributed €300K to the recent pre-seed round.
easySales
Location: Bucharest, Romania
Launch date: 2019
Funding Round: Seed €1.1M
Funding Source: Fortech Investments
Total funding received: €2.1M
Based in Bucharest, easySales is a plug&play eCommerce solution for multichannel and automation. With just a few clicks, the company connects merchants to marketplaces, helping them increase sales and expand globally. The company solves a significant problem that businesses face when manually managing listings and orders across multiple websites, marketplaces, and other eCommerce platforms. Fortech Ventures contributed €1.1M to their recent seed round.
FlatAway
Location: Sofia, Bulgaria
Launch date: 2022
Funding Round: Pre-Seed €500K
Funding Source: Eleven Ventures
Total funding received: €500K
Founded in 2022 in Sofia, Bulgaria, FlatAway is an online booking platform for hotels, holiday rentals and flats. It offers professionally managed furnished flats for short-term guests. A network of property management companies source and operate the units, allowing owners to easily earn extra money from their homes. Eleven Ventures invested €500K in the latest pre-seed round.
Buffmaker
Location: Warsaw, Poland
Launch date: 2022
Funding Round: Seed €250K
Funding Source: SATUS
Total funding received: €250K
Founded in 2022 in Warsaw, Poland, Buffmaker is a software platform owned by Kool Things that automates data analysis and marketing tasks. SATUS led the seed round, which resulted in an investment of €250K in the startup.
Related Posts:
TOP CEE Funding Rounds Closed In February 2023 (Aleksandra Woszczyk, Editor, Vestbee)
TOP CEE Funding Rounds Closed In January 2023 (Paweł Pliszka, Editor, Vestbee)
TOP CEE Funding Rounds Closed In December 2022 (Paweł Pliszka, Editor, Vestbee)
