kevin. raises $65M Series A, led by Accel, 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 […]
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 […]
Read More… from Soter Analytics raises $12 million to help prevent workplace injuries
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, […]
Read More… from Microsoft acquires Minit to strengthen process mining capabilities
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 […]
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, […]
Read More… from Hydrosat raises $10m Seed Round to assess climate change from space
We are so happy to announce that we have won in 3 categories at the annual CEE X-Tech Awards!
FinTech Company of the Year: kevin. (Lithuania) – congratulations to Pavel Sokolovas and Tadas Tamošiūnas […]
There is no way to hide the exciting news anymore! It’s official and it’s a fact, so we are more than happy to share that our portfolio grows fast and we would like to welcome a new company to our family. Lithuanian startup Kevin has developed the technology that is a game-changer for the payments […]
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 […]
#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 […]
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 […]
Read More… from IFC Invests $10m in FintechOS to Boost Financial Inclusion
$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 […]
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 […]
Read More… from ICEYE introducing a completely new way to understand life on Earth.
Source: www.minit.io We are so excited to announce that, James Dening comes to Minit with extensive experience from the Robotic Process Automation and process improvement industry in companies such as Automation Anywhere and H20.ai. Welcome James! […]
Read More… from Minit Process Mining has a new CEO – James Dening.
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 […]
Read More… from SEGRON raises €4.5 million to expand automation services
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 […]
Read More… from One of the TOP25 Women Leaders in Financial Technology of Europe for 2021 is…
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 […]
Read More… from Cisco’s acquisition of BabbleLabs will mark first exit for OTB Ventures
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 […]
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 […]
At the end of 2019, the domestic venture capital sector announced an eight-fold increase in start-up investments compared to the previous year. The record PLN 1.26 billion exceeded even the sum of investments from the previous nine years. Now another impressive number for our region is being announced, this time thanks to OTB Ventures, […]
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 […]
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 […]
Read More… from OTB Ventures invests in Silent Eight in $6.2m Series-A
Rafal Modrzewski, the CEO & Co-Founder of ICEYE has been chosen as the Executive of the Year 2019/20 […]
Read More… from Rafal Modrzewski, CEO of ICEYE, as the Executive of the Year
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, […]
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 […]
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, […]
Read More… from Early Stage Tech-focused VC Fund OTB Ventures Receives $100 Million in Commitments
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 […]
Read More… from OTB Ventures launches $100m fund for tech investment in Europe
Last weekend OTB’s GP Marcin Hejka had a privilege to present at VCLeaders’s event in Warsaw. Big Thank You to VCLeaders Team for inviting us to be part of the initiative! […]
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 […]
Read More… from This year’s edition of Forbes “30 Under 30” has its new hero.
In recognition of the leading-edge technology of Minit, the company was awarded the IT Product Award of 2019. Congratulations to Minit for bagging the PC Revue’s Award. […]