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.

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 […], 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 […]