News from technology world

OTB Ventures launches €150M deeptech fund

The first fund in Europe backed by new InvestEU Programme. New capital will be deployed in the European start-up ecosystem 22 November 2022 – OTB Ventures, the leading venture capital firm investing in early growth technology businesses with R&D in Europe and global potential, today announces the launch of the new OTB Fund II. The […]

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SettleMint lands €16M to beef up its web3 low-code platform and enter Japan

SettleMint’s high performance low-code platform for building blockchain applications has seen accelerated adoption in Europe, MEA, India and Singapore in both public and private sectors. This investment will be used to solidify SettleMint’s unique position in current markets, fuel international expansion and power the expansion of SettleMint’s partner program. SettleMint to add 60 to headcount […]

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kevin. raises $65M Series A, to bring account-to-account payments to existing POS payment terminals

  Next generation payment infrastructure already provides seamless web and mobile payments, supporting 6k merchants across 12 markets Funding will be used to almost double the size of team and launch into new markets Vilnius, Lithuania, May 3rd: kevin., the Lithuanian fintech startup providing an advanced A2A (account-to-account) payment infrastructure to replace costly card transactions, today […]

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Soter Analytics raises $12 million to help prevent workplace injuries

Soter Analytics secures $12 million in Series A round  to prevent workplace injuries with artificial intelligence and wearable technology  Series A round led by AV8 Ventures, supported by OTB Ventures, btov Industrial Technologies Fund, Verve Ventures and with previous backing from Startup Wise Guys Proceeds will be used to fund further R&D of wearable and […]

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Microsoft acquires Minit to strengthen process mining capabilities

How wonderful that we can share this with you already! We have another exit in our portfolio and we would like to congratulate Minit Process Mining on the acquisition by Microsoft. James Dening, Rasto Hlavac, Christian Morales,Jaroslav Zubák, Zuzana Vancova, Michal Rosik – It was an honor for OTB Ventures to be part of Minit’s journey! All the Best as part of the Microsoft family! Additionally, […]

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Silent Eight Raises $40m in Series B Round

AI platform enforces economic sanctions and investigates all other financial crime risks Capital will support technology functions globally, headcount to double by end of 2022 Valuation quadrupled since last funding round in 2020 [Singapore, 10 March 2022] Silent Eight, a pioneer in the field of AI enhanced economic sanctions enforcement and financial crime prevention, today […]

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Hydrosat raises $10m Seed Round to assess climate change from space

Funding led by OTB Ventures for thermal infrared satellite constellation November 16th 2021 Washington, DC- Hydrosat, the geospatial data and analytics company, announces a new Seed Round raising $10M to create its thermal infrared satellite constellation. Today’s funding brings Hydrosat’s total capital raised to over $15M. The oversubscribed venture round was led by OTB Ventures, […]

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OTB Ventures portfolio is growing!

Today we would like to announce that Fractory is raises $9m to redesign the manufacturing supply chain for metalworks and we’re leading this! “Fractory has created an enterprise software platform like no other in the manufacturing setting. Its rapid customer adoption is clear demonstrable feedback of the value that Fractory brings to manufacturing supply chains […]

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Map: Hurricane Ida’s Path Through Louisiana

#HurricaneIda made landfall near Port Fourchon on Sunday as a Category 4 storm with 150 m.p.h. winds, according to the National Hurricane Center. #Ida, the ninth named storm of the 2021 Atlantic #hurricane season, formed on Thursday in the Caribbean Sea. The storm is expected to bring eight to 16 inches of #rain from southeast […]

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IFC Invests $10m in FintechOS to Boost Financial Inclusion

  FintechOS, the global technology provider for banks, insurers, and other financial services companies, today announced a $10 million investment from the IFC – International Finance Corporation, a member of the World Bank Group, as part of its $60 million Series B funding round. The investment will support #FintechOS in boosting financial inclusion globally by […]

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OTB Ventures launches new $60m (€50m) fund to back European businesses at the next stage of growth

  $30m raised through the ESCALAR programme of the European Commission and European Investment Fund. New capital will be used to support further funding rounds from OTB Fund I investments     13 July 2021 – OTB Ventures, the leading venture capital firm investing in early-stage technology businesses with R&D in Central and Eastern Europe […]

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ICEYE introducing a completely new way to understand life on Earth.

  source: https://www.iceye.com   ICEYE’s large constellation of New Space satellites open access to entirely new levels of data for the persistent monitoring of large and small locations around the globe – every few hours, day and night, in any weather. The world’s first Daily Coherent Ground Track Repeat enables the detection of even millimeter-level […]

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SEGRON raises €4.5 million to expand automation services

    Source: www.minit.io   SEGRON finalized an investment Series B round lead by OTB Ventures and Credo with new investors including Navitrade and CEH accounting for a total of $4.5m. Proceeds from the raise will be used to fund international growth and expand into new industry verticals that are seeing a resurgence of demand […]

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One of the TOP25 Women Leaders in Financial Technology of Europe for 2021 is…

  We are so proud to announce that the Co-founder and COO of Silent Eight, Julia Markiewicz, was named one of the TOP25 Women Leaders in Financial Technology of Europe for 2021 by The Financial Technology Report! “A proven entrepreneur and leader, Julia Markiewicz is the Co-founder and Chief Operating Officer of Silent Eight. A […]

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Cisco’s acquisition of BabbleLabs will mark first exit for OTB Ventures

  Cisco’s announcement that it will acquire BabbleLabs is a testament to the international technology success that the team at BabbleLabs achieved through their dedication, hard work and innovation. This is also a recognition of the calibre of tech talent that originates from Central and Eastern Europe, including Poland, where important part of the BabbleLabs […]

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OTB Ventures recently announced the closing of its fund receiving $100m in total commitments.

  As you can read in the latest edition of Forbes Magazine, OTB Ventures recently announced the closing of its first fund receiving $100 million in total commitments. The fund is notably the largest in the Central and Eastern Europe region. But what makes us distinguished is the fact that we believe that maintaining a […]

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OTB Ventures has $100 million to invest.

  OTB Ventures is a venture capital fund. It was founded by three people. Adam Niewinski is a former vice-president of Pekao and founder of Expander, Marcin Hejka worked for years at Intel Capital, also as a vice-president, and Grzegorz Jankilewicz is an entrepreneur in the energy and new technologies industry. They have their first […]

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VC with a record budget opportunity for technology companies from Poland and the region

  OTB Ventures raised capital of USD 100 million for its operations. The creators point out that in this way they achieved an unprecedented size of VC fund in Central and Eastern Europe. They point out that they are looking for “investments that have already successfully passed the first market test and are ready for […]

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OTB Ventures invests in Silent Eight in $6.2m Series-A

  SINGAPORE-HEADQUARTERED regulatory technology (regtech) startup Silent Eight has raised an oversubscribed $6.2 million Series A round. Existing investor Wavemaker Partners – an early-stage venture capital firm – led this new round, which included investment from Standard Chartered’s venture arm SC Ventures, and OTB Ventures. Here’s more: https://www.businesstimes.com.sg/garage/regtech-startup-silent-eight-raises-us62m-in-oversubscribed-series-a-round […]

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OTB Ventures launches $100M fund

  https://pitchbook.com/newsletter/otb-ventures-launches-100m-european-tech-fund Poland-based OTB Ventures has launched a $100 million early-growth fund that will focus on tech companies in Central and Eastern Europe. The vehicle is backed by the European Investment Fund. The fund will target areas including cybersecurity, big data, AI, fintech, robotics and internet of things technology. It will back about 16 companies, […]

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Minit raises €7m Series A funding

  Congrats to Minit Process Mining, our portfolio Company since 2018 for raising €7 million Series A for process mining technology. The round was led by Target Global, with participation from Salesforce Ventures, and existing investors OTB Ventures and Earlybird Venture Capital. The Series A will allow Minit to add new product features, such as […]

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Early Stage Tech-focused VC Fund OTB Ventures Receives $100 Million in Commitments

  https://www.crowdfundinsider.com/2020/02/157672-early-stage-tech-focused-vc-fund-otb-ventures-receives-100-million-in-commitments-for-projects-in-europe/ OTB Ventures (OTB), a VC fund focused on making strategic investments in technology firms based in central and eastern Europe, has introduced an early-stage tech fund, which is notably the biggest venture capital fund in the region. The fund has reportedly received $100 million in total commitments from institutional investors across the globe, […]

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OTB Ventures launches $100m fund for tech investment in Europe

  OTB Ventures launches $100m fund for tech investment in Europe OTB Ventures has announced the launch of its early growth technology fund with $100m in commitments. The investment vehicle, which specialises in investments in tech companies in Central and Eastern Europe. It focuses on early stage, post-product, start-ups in region and is targeting investment […]

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This year’s edition of Forbes “30 Under 30” has its new hero.

  This year’s edition of Forbes “30 Under 30” list has its new winner. Rafal Modrzewski, the Founder and CEO of ICEYE – a company with total funding of over 65 million dollars – is now placed on the cover of Forbes’ magazine. In fact, being the most funded Space-tech company in Europe and having […]

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