Here is my list of some interesting deals from Central and Eastern Europe (CEE), seen in June. Often overlooked by big US and Western European investors, the region offers many good deals, at much cheaper valuations compared to the US market.
Russian oligarch Roman Abramovich continues investing in Israel. After an investment into equitz crowdfunding platform iAngels, he invested $2.5 million in total in two Israeli startups, Safer Place and Mobilibuy.
Todd Wagner, CEO and founder of Chideo, announced the acquisition of Prizeo – a celebrity-based charitable fundraising platform. Prizeo, a UK-Slovak business founded by Oxford students and @ycombinator alumni – is a digital fundraising platform that enables influencers to use technology to mobilize their fan base to raise maximum amounts of funding and awareness for their chosen causes.
Guard Systems acquired Hungarian fleet management company MyFleet for an undisclosed amount.
Ukrainian startup Kwambio has entered TechStars accelerator program in Boston and raised $650,000 in funding. Kwambio has developed a platform for the customization and 3D-printing of interior-related items, fashion accessories, and gadgets. With the help of the accelerator’s mentors, Kwambio hopes to rapidly grow in key indicators after releasing a platform in late July and to prepare the printer for mass production by the end of the year. “Our company is focused on international markets, primarily in the United States and Europe. We are planning to strengthen our position in Boston,” says Kwambio founder and CEO Volodymyr Usov.
Slovak Neulogy Ventures expands its portfolio with a new investment in Meet’n’learn, an online marketplace connecting prospective students and tutors. The platform currently operates in Germany, Austria, Czech Republic and Slovakia.
Latvian Reach.ly empowers e-retailers with information about individual behavior of a visitor and provide tools to engage in real-time. The firm is looking for investors with SaaS or e-commerce background who could help with their experience and network.
Lithuanian PlateCulture – find a home in Southeast Asia to dine in, meet interesting people & eat authentic food – which operates, has received €200,000 in funding from Practica Capital.