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18 July 2022·5 min read

Ilya Mikhalchyk-Kananenka

Community Builder, Vestbee

VC & Startup Weekly News From CEE, July 9 - 15, 2022

New VC Funds

  • Global multi-stage VC Cathay Innovation closes its $1Bn-big fund. The firm will consider startups from all sectors and industries while putting $5M to $80M into each opportunity.
  • French VC Elaia announces its 2nd €77M fund for Europe’s deep tech. The firm plans to back 30-40 pre-seed and seed startups through €200k to €2M-big investment checks.
  • Tech and crypto newsletter The Generalist launches its first $12.25M fund to fund companies working in crypto, fintech and emerging markets. Most of the funds (75%) will be dedicated to early-stage while the rest will go to later-stage bids “that are too exceptional to ignore”.
  • A new space VC: German Einstein Industries Ventures racks up its debut €300M vehicle. The firm will back European startups working in the space industry and give special preference to those building anything satellite-related.
  • Konvoy Ventures raises its 3rd $150M fund to back innovation in the world of gaming. The fund will continue betting on early-stage startups all over the globe.
  • Paris-based Quantonation closes €91M fund to back Europe’s quantum innovation. The firm will consider any early-stage startups developing quantum-related technology.

CEE Startup Funding Rounds & Acquisitions

Startup Calls

  • Rzeszów-based Carpathian Startup Fest continues accepting applications for the event. Those who win the pitching competition may earn up to 100k PLN worth of rewards and participation in InCredibles program. The applications for the event close on the 12th of August.


Related Posts:

VC & Startup Weekly News From CEE, July 2 - 8, 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee) 

VC & Startup News From CEE, June 25- July 1, 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee) 

VC & Startup Weekly News From CEE, June 18-24, 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee).  

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