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cee and startup news june by vestbee
13 June 2022·3 min read

Ilya Mikhalchyk-Kananenka

Community Builder, Vestbee

VC & Startup Weekly News From CEE, June 4 - 10, 2022

New VC Funds

  • UK-based Felix Capital closes its 4th $600M fund. The firm will focus on backing European/North American commerce-driven startups along with: B2B tools, fintech/blockchain, future of work and sustainability innovation.
  • A Romanian software house Rebeldot kickstarts a venture arm under the name of RebelVentures. The fund will be offering a tech-for-equity for their portfolio meaning - you’ll be getting an additional product team to build your startup!
  • Amsterdam-based Acrobator Ventures closes a new €30M early stage fund. The team will back B2B/B2C seed and pre-seed startups from CEE and CIS. The average ticket size of theirs is €0.2M - €1.5M
  • Digital asset security startup  Ledger and Cathay Innovation team up to launch  a web3 fund - Ledger Cathay Capital. The fund will invest in seed to series A crypto startups across the globe. 


CEE Startup Funding Rounds & Acquisitions

Startup Calls

  • Riga’s Urban Mobility Incubator is looking for local early-stage startups in the field of mobility. The program will contain training sessions, lectures and hands-on practices along with a €5k grant. The applications are open till the 17th of June.
  • Ukrainian Startup Fund creates a support program for dual-use startup technologies across defense, cybersec, healthcare, infrastructure and education. When accepted, your startup will get up to $35k in equity-free grant to develop it’s solution.
  • A Ukrainian tech co-founding company Genesis teams up with Meta in launching a StartUp Academy for CEEs founders and C-level executives. The 2-month program aims to provide the tools and knowledge required to build and scale a profitable tech businesses and is taught by experienced entrepreneurs. The deadline for applications is set on the 1st of July.


EU launches a €20M initiative which will support Ukraine’s deep tech startups disbursed through the European Innovation Council. The program will support around 200 companies, giving up to €60k in grants to each of the supported startups. 

Related Posts:

VC & Startup Weekly News From CEE, May 28-June 3, 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

VC & Startup Weekly News From CEE, May 21-27, 2022 (Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

VC & Startup News From CEE, May 14-20 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee) 

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