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Kubeark Raises $2.8M in Pre-Seed Funding

Kubeark, a New York-based provider of an open and infrastructure-agnostic platform, raised $2.8M in Pre-Seed funding. The round was led by Credo Ventures, with participation...

GlobalLogic Acquires Fortech

GlobalLogic, a San Jose, CA-based Hitachi Group and Digital Engineering company, acquired Fortech, a Cluj-Napoca, Romania-based software engineering services company. Terms of the transaction were...

Coinzix Raises $300K in Funding

Coinzix, a Bucharest, Romania-based cryptocurrency exchange, raised $300k in funding. Legion Ventures made the investment. The company intends to use the funds to add...

Cyscale Raises €3M in Funding

Cyscale, a Cluj-Napoca, Romania-based graph-based cloud security analysis company, raised €3M in funding. The round was led by Notion Capital, with participation from Seedcamp, GapMinder, Micha Hernandez van...

Druid Raises USD15M in Funding

Druid, a Bucharest, Romania-based end-to-end platform for building AI-driven conversational business applications, raised USD15m in funding. The round was led by Karma Ventures and Hoxton...

Glovo Makes Multiple Acquisitions of Delivery Hero in Central and Eastern Europe

Glovo, a Spanish on-demand delivery platform, will acquire multiple of Delivery Hero’s group companies in a series of separate acquisition deals, worth a total...

Private Equity Firms Invest in 464 CEE Companies in 2019

Private equity firms invested in a record 464 companies in Central and Eastern Europe (CEE) in 2019. Investments increase by 7% year-on-year to €2.95...

Questo Raises €300K in Funding

Questo, a Bucharest, Romania-based provider of a platform of gamified tours, raises €300K in funding. The round was led by Sparking Capital with...

Localised Raises $6.5M in Series A Funding

Localised, a global ecommerce business, raised $6.5m in Series A funding. The investment was made by BGF and entrepreneur Peter Jones. The...

Global Technical Group Receives Investment from Abris Capital Partners

Global Technical Group, an end-to-end building management solution provider in Romania, received a majority investment from Abris Capital Partners. The amount of the deal -...

Syndigo Acquires WiseBase

Syndigo, a Chicago, IL-based provider of verified product content syndication services, and a portfolio company of The Jordan Company, acquired WiseBase, an innovative product...

Masabi Raises $20M in Funding

Masabi, a Software-as-a-Service (SaaS) ticketing and payments platform for public transport, raised $20m in growth funding. The round was led by Smedvig Capital with...

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