Slovakia’s startup ecosystem has made notable strides, ranking 16th in Eastern Europe and 60th globally. In 2024, InoBat captured attention with a significant €100 million raise, marking one of the largest funding rounds in Central and Eastern Europe. In the first half of 2025, several Slovak startups have secured substantial investments. Vestberry, a FinTech company offering a portfolio management solution for VC investors, raised €2.2 million in a seed round. Xatoms, founded by a Slovakian in Canada, is innovating in CleanTech by using AI for photocatalytic molecule discovery, securing €2.62 million. Cequence, an AI-driven platform for contract management, received €2 million to enhance its automation capabilities. CulturePulse, which applies AI to improve decision-making across sectors, attracted €1.45 million in a Series A round. Lastly, Readmio, an EdTech app enhancing the reading experience with voice recognition technology, raised €500,000. These developments highlight Slovakia’s growing influence in the startup landscape.
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