NG Solution Team
Technology

What’s happening with Estonian Skeleton Technologies?

This week’s tech roundup highlights significant developments in Central and Eastern Europe, showcasing the influence of regional founders on the global scene. Key updates include a major funding round and acquisition by Fonoa, a tax automation platform originating from Croatia but based in Dublin. They secured $110 million in Series C funding and acquired PwC’s Indirect Tax Edge platform. Lithuanian startup Kopa.ai, which offers AI solutions for e-commerce, raised €2 million in seed funding with notable investors. Czech startup Webout received a €1.65 million seed investment to expand its hyper-personalized video platform into the US market. LAUNCHub Ventures from Bulgaria is expanding its presence in Croatia and the Western Balkans with Vedran Blagus as the new associated partner. Additionally, Greek Big Pi Ventures led a $30 million Series B round for Australian robotics firm August Robotics, and Czech Purple Ventures invested in UK-based Fether Labs, which is innovating gesture-control technology.

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