Teleskin, a Belgrade, Serbia- and Esbjerg, Denmark-based developer of hardware and software solutions for screening of melanoma, raised DKK6m in funding. Seed Capital made the investment. The company intends to use the funds to continue to develop its platform. Led by Zeljko Ratkaj, CEO, TeleSkin develops hardware, software and mobile solutions for screening, analysis and […]

Humanity.com, a San Francisco-based workforce management platform, closed $9m in Series B funding. The round was led by MHS Capital with participation from Point Nine Capital, Klever Internet Investments, Team Builder Ventures and Boku CEO Mark Britto. The company intends to use the funds to expand Humanity to include functionalities such as scheduling, labor and […]

Last week, Teleskin, a Serbian company that provides an innovative e-health solution, won the €250k award of the Next Step Challenge, Europe’s biggest entrepreneur prize. Eight startups from USA, Serbia, Denmark and Chile reached the final of the Next Step Challenge competition following the completion of a 5-month entrepreneurship program in Esbjerg, Denmark. Teleskin provides […]

Neodata Group, an Italian provider of ad-serving and online publisher solutions, recently acquired web analytics company Newscurve. Founded in 2010 by Boris Krstovic and the team behind Vivvo CMS, Newscurve provides a decision support platform that enables publishers and online media companies (including Serbian public broadcasting company RTS, Slovenian Adria Media – part of Styria […]

The European Fund for Southeast Europe (EFSE), a microfinance investment fund, agreed a €25m senior loan to Banca Intesa a.d. Belgrade, Serbia. The loan will be used to further on-lending to micro and small enterprises (MSEs) across the country, especially supporting the bank’s growth strategy, which aims to expand the penetration of loans to small […]

The European Bank for Reconstruction and Development (EBRD) and Intesa Sanpaolo Group are increasing the availability of financing to small and medium sized enterprises (SMEs) in Central and Eastern Europe with a financing package of up to €100m to Intesa Sanpaolo Group’s subsidiaries in Bosnia and Herzegovina, Hungary and Serbia. The facility (subject to completion […]

The European Investment Bank (EIB) signed two loans totalling €45m in Serbia with two different local financial institutions in support of the projects of small and medium-sized enterprises (SMEs) and infrastructure schemes promoted by local authorities. The loans, designed to assist Serbia in its efforts to integrate into the European Union, include: – a €25m […]

Through two loans totalling €45m, the European Investment Bank (EIB) will support the projects developed by small and medium sized companies (SMEs) and local authorities in Serbia. In particular, EIB is providing €25m to Erste Bank a.d. Novi Sad and €20m to Piraeus Bank a.d. Beograd to co-finance small and medium-sized projects promoted mainly by […]

A new fund focused on boosting the economic and environmental development in Southeast Europe has been established. The €95m Southeast Europe Energy Efficiency Fund (SE4F) will invest in energy efficiency and renewable energy projects especially undertaken by small and medium-sized enterprises (SMEs) and households in Albania, Bosnia-Herzegovina, Croatia, FYR Macedonia, Montenegro, Serbia and Turkey. The […]

The European Bank for Reconstruction and Development (EBRD) is making an equity investment of up to €7m in Forma Ideale, a furniture manufacturer in Serbia. The funds will enable the company to accelerate its growth and the expansion of its export business. Forma Ideale will build its first modern logistics centre close to its production […]