Cyberhaven, Founded by Romanians and Ukrainians, Becomes CEE Region’s First AI Cybersecurity Unicorn

CEE REGION

CEE Startups Surge Ahead of Western Europe, Now Valued at €243 Billion
Central and Eastern European (CEE) startups are outperforming their Western European counterparts, with the ecosystem reaching a valuation of €243 billion in 2025, according to the CEE Startups report. Despite producing 57 unicorns and thriving in sectors like SaaS, deep tech, and AI, the region faces structural issues such as limited growth-stage funding and founder relocations to access global markets.
[Source: Central European Times]

IFC Invests $20M in Revo Capital Fund III to Strengthen CEE Startup Ecosystem International Finance Corporation is committing $20 million to Revo Capital Fund III in support of early-stage tech startups in Turkey and Central Eastern Europe (CEE). The fund will prioritize AI-driven innovation in sectors like fintech, cybersecurity, health tech, and energy. [Source: IFC]

UKRAINE

AI Cybersecurity Firm Cyberhaven Reaches Unicorn Status with €90M Series D
Cyberhaven, a cybersecurity startup founded by a team from Romania and Ukraine, has achieved unicorn status after securing a €90 million Series D funding round, bringing its valuation to $1 billion. The company’s AI-powered platform focuses on data lineage to detect and prevent data misuse. [Source: The Recursive]

Ukraine’s Energy Sector Rebuild: A Green Opportunity for Global Investors UkraineInvest has published an investor guide to help rebuild Ukraine’s energy sector, which has suffered over 70% damage due to the war. The guide highlights financial incentives, streamlined regulations and other opportunities for investors.  [Source: Tech Ukraine]

Ukraine Deploys AI-Driven Remote Weapon Station 

Ukraine has developed and deployed Wolly, an AI-powered Remote Weapon Station designed to enhance combat precision and reduce soldier exposure to risk. The system features automated targeting and remote operation capabilities, allowing it to engage targets from a distance. Wolly is already in use on the front lines, reflecting Ukraine’s increasing use of advanced technology in its military operations. [Source: Ministry of Defense Ukraine]

EBRD Pledges €1 Billion to Revitalize Ukraine’s War-Torn Energy Sector in 2025
The European Bank for Reconstruction and Development (EBRD) is committing €1 billion to restore Ukraine’s energy infrastructure, severely impacted by ongoing conflict. This investment aims to bolster energy security by expanding renewable energy projects. [Source: Reuters]

ESTONIA

Estonian Gaming Platform Ultra Secures €10.8M to Become ‘Netflix of Gaming’ 

Vision Ultra, a Tallinn-based gaming platform, has raised €10.8 million in a round led by NOIA Capital to expand its innovative ecosystem. Founded in 2017, Ultra aims to revolutionize gaming by offering a “Netflix of Gaming” experience with blockchain technology. The company will use the funding to hire new talent, modernize its platform, and further expand its reach across Europe. [Source: BalticVC]

Startup Wise Guys Exits BotsCrew as US-Based CourtAvenue Acquires Ukrainian Firm
Estonian accelerator Startup Wise Guys has exited its investment in BotsCrew, a Ukrainian AI chatbot developer, following the acquisition of a controlling stake by US-based CourtAvenue. Founded in 2016 in Lviv, BotsCrew specializes in AI-driven solutions for sectors like healthcare, e-commerce, and government, with clients including Virgin Holidays and Honda. The financial terms remain undisclosed, but BotsCrew’s co-founders will retain leadership roles as the company integrates into CourtAvenue’s portfolio, aiming to expand its global reach and innovation in conversational AI. [Source: BalticVC]

Estonian Supercapacitor Innovator Among TIME’s ‘Top GreenTech Companies’
Skeleton Technologies, an Estonian startup specializing in supercapacitors and batteries using its proprietary Curved Graphene material, has been recognized as one of the World’s Top GreenTech Companies by TIME, ranking 30th out of 250. Founded in 2009, the company already supplies major industrial clients like Siemens and General Electric, and is expanding with a new plant in France. [Source: BalticVC]

Karma Ventures Leads $7.5M Series A Round in API Startup WunderGraph
Estonian VC firm Karma Ventures led a $7.5 million Series A funding round for WunderGraph, an open-source platform for creating and managing APIs. eBay Ventures and Aspenwood Ventures also joined the round. WunderGraph, founded in Germany but registered in the US, will use the funds to expand its team, enhance its platform, and further invest in open-source development. [Source: BalticVC]

POLAND

Intelliseq Secures €4.5M to Expand Genomic Analysis Tools in US Market
Polish bioinformatics startup Intelliseq, specializing in automated genome analysis, has raised €4.5 million in a funding round led by Vinci HiTech and supported by Unfold.vc. Founded in 2014, Intelliseq will use the funds to expand its iFlow platform and genomic technologies in the US market, focusing on partnerships to develop tools for assessing genetic predispositions to various conditions. The company aims to advance preventive healthcare through scalable bioinformatics solutions. [Source: Vestbee]

Fresh Inset Secures €2.7M Series B to Combat Food Waste
Polish biotech company Fresh Inset has raised €2.7 million in a Series B round led by Radix Ventures to expand its Vidre+ technology, which extends the shelf life of fruits and vegetables. The company’s 1-MCP solution reduces food waste by combating ethylene-induced spoilage and has secured patents in over 50 countries. Fresh Inset will use the funding to enter key global markets, form strategic partnerships, and scale its residue-free release system, targeting farmers, distributors, and retailers. [Source: The Recursive]