Estonian startup Wayren raises €7.9 million to develop an innovative communications system for the soldier of the future
Estonian startup Wayren, founded by former cyber defence experts, has signed a €7.9 million strategic investment agreement with EFA GROUP, one of the world’s leading defence industry conglomerates. The goal is to jointly develop next-generation high-tech digital battlefield systems that connect soldiers, drones, vehicles, and weapons into an integrated situational awareness solution. Wayren has previously received funding from Prototron, graduated from the Tehnopol Startup Incubator, and is currently part of the NATO DIANA accelerator programme in Estonia.
Austrian Fund F, Czech PurposeTech among investors in €700k Willow Stories round
Vienna-based VC firm Fund F has invested €700,000 in Willow Stories, an Austrian genAI-powered startup that assists families in creating digital memoirs to honor the legacies of their loved ones during times of deep loss.
New boss and investment. Czech Kardi Ai, whose chest strap detects heart arrhythmias, received 1,1M EUR for its development and expansion
The Czech startup Kardi Ai, which uses artificial intelligence and a smart chest strap to detect heart arrhythmias, has successfully closed a new investment round. The company raised a total of €1.1 million from existing investors BrightCap Ventures, DEPO Ventures, and Garage Angels, with new contributions from
Lumus Investment Collective and a Czech angel investor. The funds will support
expansion into key international markets and the completion of certain clinical study. Kardi Ai has also previously been supported by Soulmates Ventures, Purple Ventures, and Cleverage Capital.
Red Bull launches Corporate VC Arm ‘Red Bull Ventures’ to invest in Tech, Sport, and Sustainability Startups
Red Bull, the iconic Austrian beverage and media company, has officially launched its own corporate venture capital arm, Red Bull Ventures, signaling a more direct move into the startup investment world.
Czech VC fund RockawayX, Solana’s Early Backer, Launches New $125 Million Fund
With a focus on yield-generating projects, the new fund will target early-stage companies building on the Solana blockchain.
Budapest-based Riptides secures $3.3M in a round led by Czech KAYA VC and PortfoLion Capital Partners making it the biggest pre-seed round in Hungary
Hungarian security startup Riptides has raised $3.3 million in pre-seed funding to launch its platform for secure non-human identity management. This marks one of the largest Pre-Seed rounds in Central and Eastern Europe ever, and Hungary’s biggest one to date.