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cee vc & startup business news by Vestbee
30 May 2022·6 min read

Ilya Mikhalchyk-Kananenka

Community Builder, Vestbee

VC & Startup Weekly News From CEE, May 21-27, 2022

New VC Funds

  • A16z launches a gigantic $4.5bn Crypto Fund 4. One-third of the fund will be dedicated to seed investments and the range of sectors firm’s most bullish on within the space can be found on the announcing blogpost.
  • London-based Crane Venture Partners scoops $140M for its second early-stage fund. The firm will invest across Europe/Israel and the US within the software and deep tech verticals, especially those
  • Yet another London VC Synthesis Capital grabs $300M for its new foodtech and alternative protein-focused fund. The firm will put an average of $15M into each company and will consider opportunities all over the globe.
  • Califronia-based 1Sharpe Ventures launches its first $90M fund to back proptech startups. The firm will back pre-seed to series A startups throughout North and Latin America as well as  Europe. The average check size of theirs ranges from $500k to $2M.

CEE Startup Funding Rounds & Acquisitions

Startup Calls

  • The World’s second-largest steel producer Arcelor Mittal launches an XCarb Accelerator focusing on steel industry decarbonization. The group will consider proposals from all over the world and submissions are due on the 20th of June.
  • A talent board Jooble launches an incubator for projects having the potential of complementing its core business. The company will invest anywhere from $100k to $2M into each company at pre-seed to series A stages. To apply for the incubator startups should reach out to the investment teams’ inbox at
  • EIT Food launches an equity-free Sales Booster program for agrifood  startups across CEE. The program will help teams with coaching, network and know-how for the European-wise expansion. The deadline for submissions is set for June 19th.
  • Tech conference Infoshare is calling for applications for its startup contest. The winner will receive a €20k prize as well as have a chance of pitching in front of investors and land media coverage for your venture. The applications are open till the 30th of June.
  • Carpathian Startup Fest 2022 starts accepting applications for its next edition. The prize pool is nearing 100k PLN and the applications are open for idea-stage and post-MVP startups from Poland. The deadline to join is set for the 12th of August.
  • Poland’s first blockchain sandbox starts gathering participants for its program. The goal of the platform is to enable the local, HLF-based solutions and products with various aspects of development. The applications are open to post-MVP projects and will be considered on a rolling basis.
  • The Polish Investment and innovation agency (PAIH) starts searching for local startups to represent the county during the Oslo Innovation Week. The PAIHs team will especially focus on IT, FinTech, Smart City, Proptech and related sectors. Find out more here.
  • GovTech Baltic tech leaders will be hosting a sector-focused conference in Vilnius on the 16th of June. Participants get a chance to attend various keynotes, fireside chats, and network on everything enabling the Gov-tech space!

Related Posts:

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

VC & Startup Weekly News From CEE, May 7-13, 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

VC & Startup Weekly News From CEE, April 30- May 6, 2022 (Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

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