HTEC Acquires Syrmia
HTEC, a San Mateo, CA-based end-to-end digital product development and engineering services company, acquired Syrmia, an embedded software engineering company based in Belgrade, Serbia.
Serbia
Streamflow Raises $3.1M in Seed Funding
Streamflow, a Belgrade, Serbia-based provider of a token distribution platform, raised $3.1M in Seed funding.
Tenderly Raises $40M in Series B Funding
Tenderly, a San Francisco, CA-based blockchain development platform that simplifies building innovative blockchain products for web3 developers of all skillsets, raised $40m in Series B funding, bringing the total raised to $58.6m.
Tenderly Raises $15.3M in Series A Funding
Tenderly, a Belgrade, Serbia-based Ethereum developer platform, raised $15.3M in Series A funding.
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 value of €170m.
Anari AI Raises $2M in Seed Funding
Anari AI, a Novi Sad, Serbia-based AI chip factory in the cloud, raised $2m in seed funding.
Penta Raises €18.5m in Funding
Penta, a digital marketplace for business banking, raised €18.5m in funding.
Teleskin Raises DKK6M in Funding
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 Closes $9M Series B Funding
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 […]
Teleskin Wins €250K Next Step Challenge
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 Acquires Newscurve
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 […]
EFSE Lends €20M to Serbia’s Komercijalna Banka a.d. Beograd to Help MSEs
The European Fund for Southeast Europe (EFSE) is providing Serbia’s Komercijalna Banka a.d. Beograd with a €20m loan. The bank, which is one of Serbia’s largest banks in terms of assets with 25 branches and 253 outlets, will use the proceeds to finance investments and working capital with long-term loans worth up to €100,000 for […]
EFSE Agrees €25M Loan to Banca Intesa a.d. Belgrade to Support Serbian SMEs
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 […]
EBRD Provides Banca Intesa Beograd with €30M to Boost Financing to SMEs in Serbia
The European Bank for Reconstruction and Development (EBRD) has provided Banca Intesa Beograd with a €30m credit line for on-lending to small and medium companies across Serbia. The proceeds of the loan will be used to finance the investments and working capital needs of private businesses with short, medium and longer term loans of up […]
EBRD and Intesa Sanpaolo Group, €100M to Support Small Businesses in Central and Eastern Europe
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 […]