Category: central europe
Gapsquare, a pioneer of machine learning into gender pay disparity, is acquired by XpertHR
Inequalities between women and men in the workplace have been exacerbated during the COVID-19 pandemic and are likely to persist in the near future, according to the International Labour Organization (ILO). The World Economic Forum estimates globally it will take 267.6 years to close the gender gap in economic participation…
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Exclusive: Hepsiburada CEO sets out her vision, as it becomes first ever Turkish Nasdaq IPO
Hepsiburada — Turkey’s giant online shopping platform considered the Amazon of its country — floats on the Nasdaq today, for a valuation likely to exceed $3.9 billion on current projections, especially with shares being marked up to $14 apiece (up from the previously predicted $12 pricing). Bu this isn’t the end of the journey for this…
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Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots
Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 million Series A round led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., with participation…
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Visa takes a swipe in fintech, builds new online marketplace
The relationships between banks and fintechs are multi-faceted. In some cases, they partner. In many cases, they compete. In other cases, one acquires or invests in the other. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. Specifically, Visa…
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Emerging as an Eastern powerhouse, Earlybird Digital East Fund launches new $242M fund
Earlybird Digital East Fund — a fund associated with Germany’s Earlybird VC, but operating separately — has launched a €200m ($242m) successor fund. The fund’s focus will remain the same as before: a Seed and Series-A fund focusing on what’s known as ‘Emerging Europe’, in other words, countries stretching from…
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LAUNCHub Ventures heading towards a $85M fund for South Eastern European startups
LAUNCHub Ventures, an early-stage European VC which concentrates mainly on Central Eastern (CEE) and South-Eastern Europe (SEE), has completed the first closing of its new fund at €44 million ($53.5M), with an aspiration to reach a target size of €70 million. A final close is expected by Q2 2021. Its…
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