Greece

Taxibeat, an Athens, Greece-based a taxi-hailing startup, raised $2m in new funding. Backers included private individual investors. Founded in May 2011 by Nikos Drandakis, CEO, and seeded by Athens-based OpenFund, Taxibeat provides a rating service that enables passengers to choose which car and driver they want to hail (via an at-a-glance info), and rate them […]

Openfund II, the Athens, Greece-based startup seed venture capital fund, just launched a new call for startup proposals (read here the launching post). The Openfund, which provides seed capital ranging from €50k to €500k and access to a network of experienced mentors, is looking for entrepreneurial teams based in Greece, with innovative ideas for software products […]

Locish, an Athens, Greece-based provider of a mobile travel app, launched with €60k in seed funding. According to a post (read here), the company will use the funds to demonstrate its core value proposition and build early traction in Athens and other destinations. Co-founded by Alexis Christodoulou and Grigoris Zontanos, Locish allows travelers to get […]

According to reports (read here), Workable, an Athens, Greece, and London, UK-based provider of online hiring tools, raised €600k in seed funding. The round was led by Greek Openfund. Co-founded by CEO Nikos Moraitakis and CTO Spyros Magiatis, Workable provides hiring managers with cloud-based applicant tracking software to collect, screen and manage candidates based on their […]

According to the company’s blog (read here) Warply, an Athens, Greece-based provider of a mobile marketing toolbox, raised $500k in seed funding. Unnamed angel investors backed the company. The company intends to use the funding to build out its executive team and expand in new markets beyond South Europe. Warply aims at expanding in the […]

Athens, Greece-basedseed capital firm Openfund recently started operations for its €10m second fund. Supported by the European Investment Fund under the Jeremie program and other ten private investors, Openfund II will work with entrepreneurs in two stages: a) pre-seed, starting from an investment size of €50k to turn an idea into a product, and b) seed, […]

Tropical S.A., an Athens, Greece-based developer of distributed power generation products and solutions, has closed its first investment round with an independent private investor. The company intends to use the capital for international expansion and commercial launch of its brand new products. Led by Chairman and CEO George Lagios, Tropical has a product portfolio that consists of a Fuel Cell […]