Tolgee Secures €500k Seed Round from Flying Founders to Accelerate ProductDevelopment and Growth

sunbay.io, the platform helping finance teams recover overdue invoices faster, has raised €550K in funding from Kogito Ventures, with participation from s20 and angel investors, including Jostein Håvaldsrud, CTO of Kahoot. The company already works with more than 20 businesses across five countries, collecting payments from customers in 30 markets.

This fall, Prague will once again showcase the best of the Czech startup scene, with international companies also in attendance. Czech Startup Week, an initiative of the CzechInvest agency, annually brings together key ecosystem events into a single week so that it can offer founders, investors, corporations, aspiring entrepreneurs, and startup enthusiasts access to the full breadth of what the Czech startup scene has to offer over the course of one week.

Vienna-based fonio.ai, an AI platform focused on customer communication for small and medium-sized businesses, has raised $17 million in a seed funding round at a $140 million valuation. Total funding now stands at over $20 million.

Merchantee, the agentic marketplace intelligence company for ecommerce sellers, today announces a €1.8M round led by Reflex Capital, with support from Czech Founders VC and Lighthouse Ventures. The combined pre-seed round and extension will fund product development, new marketplace integrations, and an ambitious European growth plan extending from Poland to the Netherlands. Merchantee is trusted by hundreds of sellers and the digital sales teams of brands like Philips, Lindt, SodaStream, and Vilgain.