Tag: Startup

Nomagic secures 8 million euros from EIB for the development of AI-based robotic warehouse solutions

Nomagic, a company that develops and implements robotic solutions for picking orders in warehouses based on artificial intelligence, has secured 8 million euros in...

OTB Ventures raises 750 million PLN for second deeptech fund. NATO among investors

Originating from Poland, OTB Fund 2 closed at PLN 750 million ($185 million) — significantly above the originally planned size, making it the...

Woltair Announces Leadership Changes and European Expansion Plans

Vít Javůrek has become the new CEO of the company Stefan Gross-Selbeck will serve as Chairman of the Supervisory Board from April Michał...

Polish VC Market Downturn Continues in 2023: Investment Values Decline by 42%

PFR Ventures and Inovo VC have prepared a report summarizing the transactions in the Polish venture capital (VC) market in 2023. According to the...

SatRev and Government of Oman Establish Joint Venture

A company named Spazers, established by SatRev, a Wroclaw-based startup in the space industry, in collaboration with the government of Oman, was created for...

Family Foundations: A New Succession Tool Gains Popularity in Poland

According to data from the Family Foundations Register, maintained by the District Court in Piotrków Trybunalski, a total of 448 such entities were registered...

What Makes a Successful Startup? Insights from Polish Entrepreneurs

When queried by EFL about what primarily determines company growth and progression to higher stages of development, the vast majority of entrepreneurs (84%) pointed...

Polish Startups Show Resilience Amidst Global Funding Constraints

According to the latest report "Polish Startups" issued by the Startup Poland foundation, the current revenue situation of startups is better than a year...
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