The Week of Sept. 6: Ukrainian Startup Raises Funds to Disrupt Military Comms, Romanian biotech aims to add lives to cats

UKRAINE

Ukrainian Startup Secures Funding to Revolutionize Military Comms

Ukrainian startup Himera, born from the urgent need for reliable battlefield communication, has secured seed funding from Green Flag Ventures. The company’s innovative tactical communication systems, already deployed on Ukraine’s front lines, offer secure and adaptable solutions in challenging electronic warfare scenarios. With this investment, Himera aims to expand its reach in the global defense communication market while exploring dual-use applications for its technology. [Source: TechUkraine]

Europe’s Largest IT Competition Launches 21st Season

DEV Challenge, Europe’s premier IT competition, has opened registration for its 21st season, offering six diverse nominations including Backend, Frontend, and UI Design. The free-to-enter contest provides IT professionals and beginners alike the opportunity to tackle real-world challenges, connect with a global tech community, and gain recognition from leading companies. With a nostalgic theme reminiscing about early digital experiences, this season promises to blend skill-testing tasks with engaging content. [Source: TechUkraine]

Kyiv to Host Major Defense Tech Investment Summit

The Defense Tech Valley, Ukraine’s largest defense tech investment summit, is set to take place on October 3-4 in Kyiv. The event’s official website is now live, allowing interested parties to register for this international gathering that will showcase Ukraine’s burgeoning defense innovation ecosystem. The summit aims to connect global investors with Ukrainian developers, military representatives, and government officials, positioning Ukraine as a leading hub for defense technology innovation. [Source: TechUkraine]

LATVIA

Latvian AI Startup Secures €1.27M to Revolutionize Procurement

Sorsera, a Latvian startup, has secured €1.27 million in funding, including over €950,000 from the European Union, to develop AI-driven solutions for supply chain and procurement sectors. The company is creating digital tools based on EU public procurement data, offering services such as procurement monitoring, market analysis, and project management. Recognized as one of the top three most promising startups at TechChill 2024, Sorsera aims to leverage AI to address the evolving challenges in both public and private procurement processes.      [Source: Labs of Latvia]

LITHUANIA

Lithuanian Startup Secures €825K to Revolutionize Tactical Transport Aircraft               Airvolve, a Lithuanian tactical transport aircraft developer, has raised €825K from Coinvest Capital, Baltic Sandbox Ventures, and angel investors. Founded in 2024, the startup is developing a heavy-lift aircraft with significantly lower operating costs than conventional helicopters, capable of transporting large cargo over distances up to 60 km. The funding will be used to develop a fully functional MVP aircraft, with potential applications in both civil and defense sectors. [Source: BalticVC]

Lithuanian AI Math Tutor Startup Raises €315K to Expand Education Platform                     Alfa Space, a Lithuanian startup developing an AI-powered digital math tutoring platform, has secured €315K in funding from local business angels. Founded in 2024, the company offers personalized math tutoring, exam preparation, and teaching tools for students in grades 5-12. The investment will be used to accelerate the development of their platform, which has already assisted over 2,000 graduates in preparing for standardized math exams. [Source: BalticVC]

POLAND

Polish Startup Secures €350K to Revolutionize B2B Partner Management

Warsaw-based Partnerplace.io has raised €350,000 from Tar Heel Capital Pathfinder to enhance its Partner Relationship Management (PRM) system. The platform, founded in 2024, helps online businesses optimize relationships with external B2B partners by offering data collection, collaboration tracking, and payout management. With the new funding, Partnerplace.io plans to expand its features, including the launch of a ‘partnership marketplace’ to facilitate easier acquisition of new partners. [Source: Vestbee]

ROMANIA

Romanian Biotech Startup Raises €500K to Extend Feline LifespansThe Cat Health Company (TCHC), a Bucharest-based biotech startup, has secured €500,000 in funding from Early Game Ventures and business angels to advance feline longevity research. Founded in 2024, TCHC aims to prevent or delay age-related illnesses in cats, potentially revolutionizing both pet care and human health treatments. The pre-seed funding will support the launch of their innovative research, focusing on extending both the lifespan and quality of life for cats. [Source: Vestbee]

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