Seedcamp has been known for its continued investments in the CEE startups and has decided to focus its efforts on making these investments simpler for themselves and other potential investors in the region. The investor group Websummit just issued the first localized Termsheet for the CEE region, as Seedcamp tells us exclusively, translated in Croatian and adapted to Croatian legislation, to make the investment process easier and more transparent.
Ante Rimac, founder of Rimac Automobili, Croatian electric supercar company secured a million Euro investment from Tak Cheung Yam, the new majority stake holder in Forbes Media LLC. This is the third high-profile investor to put their money behind the Concept One and Rimac himself- the first two being Frank Kanayet Yepes and Sinocop Resources– and the funding round is […]
On July 23rd Eleven held its sixth Demo Day at the fully packed Betahaus Sofia. An event usually reserved for cherry picked mentors, prominent investors and a few Eleven graduates, this Demo Day was different. In front of almost 200 guests, the nine graduating startups coming from five countries gave their pitch presentations to a far bigger crowd than past Eleven startups had done so.
What is your first association when someone mentions Romania? Perhaps Transylvania and its most famous tenant, Dracula? Or the communist leader Nicolae Ceauşescu that ran the controversial regime? Welcome to the tech startup world where Transylvania turns into Techsylvania and the hard history becomes a pretty promising present and even brighter future. We present you Romania’s growing tech landscape.
Remember the MVP Academy organized by Romanian How to Web? It is a pre-acceleration program for CEE early stage tech startups and it ended on Tuesday with a Demo Day. The finalists worked hard on their products for the last two months and pitched their products last night in front of the audience. In the same time, they have already started discussions for raising follow-up funding or being admitted into a European acceleration program.
Seedcamp, the british startup accelerator that has over the last 7 years invested in dozens of Central and Eastern European startups, like Croatian Farmeron or Serbian TruckTrack, is launching a new 30 million fund for the next generation of founders that want to scale up their startups to billion dollar businesses! As part of strengthening its presence in the US, Seedcamp will also be opening a presence in Sillicon Valley, specifically San Francisco.
Fundraising isn’t easy, even if done well, its fraught with all sorts of ambiguity and frustrations. To that very point, I recently wrote a blog post about the fundraising mindset in order to help you set a tone on approaching the process.
That said, there are things you can do to make it go better than others and things you can do to make it go worse… and in the spirit of the ‘Tonight Show’s’ top ten list, below are my top ten things that will likely cause a fundraising fail situation.
After just a week of speculations, the news about Google Ventures coming to Europe have finally been confirmed. One of the most known corporative Venture Capital funds will indeed set up shop in London where they will have $100 million at their disposal.
ProSiebenSat.1 Accelerator, a 3-month program led by one of the largest media corporations in Europe, is recruiting teams for their new cohort. To find out more about the program and it's impact on the European startup scene, we spoke to Dr. Jens Pippig, founder & executive director of the accelerator.
This week we had opportunity to cover the announcement of airtAI, a Croatian fintech startup whose solution is based on artificial intelligence and is directed towards smaller banks that want to better assess the needs of their clients. Exclusively for Netrokracija airt’s CEO Hajdi Ćenan reveals the details.
Applications that control the operation of oil platforms and plants for the processing of derivatives are directly responsible for a safer and cleaner world, and one of the best is created largely in Croatia.