Catch up on a month of tech news from Eastern Europe: May

Catch up on a month of tech news from Eastern Europe: May

The final month of spring brought quite a few exciting news stories from tech startups and established companies in Central and Eastern Europe. In this round-up, we have put together the most significant tidings to keep you on top of things.

If you think that something is missing, or would like to draw our attention to an important story, feel free to ping the author in Twitter (@shlema) or by e-mail at

Startups, funds, and accelerators

  • Slovak capital fund management company Neulogy Ventures has launched two new funds of €23 million in total to invest in early stage startups.
  • Serbian startup COFA Games has joined Startup Sauna accelerator programme in Helsinki.
  • Top executive from Russian payment giant Qiwi has launched a $30 million venture fund for local startups.
  • Bulgarian seed fund LAUNCHub has announced its new batch consisting of one startup from Romania, four from Bulgaria, and one from Slovenia.
  • Russian VC fund Frontier Ventures with $50 million under management seeks to attract another $50 million from 5 to 10 new investors.
  • Prague-based accelerator StartupYard has announced the names of the seven teams in their spring 2014 mentoring programme.
  • Romanian tech conference How to Web has launched MVP Academy, a pre-accelerator programme for young entrepreneurs.
  • Global Impact Competition CEE 2014 has announced its winners — Stepsss and Harimata.
  • London-based Seedcamp has announced its new batch of seven startups, four of which represent CEE countries.
  • Polish company Next.Step has launched a $100 million fund to invest in Ukrainian startups.
  • Ukrainian startup Hashtago has joined the biggest tech acceleration programme in India, GSF Global.
  • Polish-Ukrainian digital sports data technology startup BETEGY has signed an exclusive 3-year licensing agreement with Chinese lottery operator.
  • Croatia’s first incubator ZIP has started a crowdfunding campaign to raise funds for its pre-acceleration program.
  • Bulgarian fund LAUNCHub has €200,000 to invest in Bitcoin projects.
  • Polish Vocabla, a startup geared towards students of English, has sailed past 400,000 users mark.

Deals, deals, deals

In other news

Good reads of the month

Image credit: Shutterstock

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