Porsche AG has invested in the technology and electric sports car company Rimac Automobili by taking a minority shareholding of ten percent. The company develops and produces electric vehicle componen…
Business
Latest and greatest business news, reviews, articles and opinions from the startup ecosystem of the Balkans, with a little bit of flavor from the rest of the world.
Managers Are a Dying Breed. Here’s What You Must Have Instead
The crisis of leadership grows, as companies struggle to adapt to change. We have a rise in part-time workers, the growth of the gig economy, evolution of technology, an increase in virtual teams, and…
African Development Bank Launches Coding for Employment Program
Over the last 15 years, the African Development Bank has invested US $1.64 billion in programs to prepare youth for careers in science, technology, and innovation. The African Development Bank (www.Af…
Konica Minolta strengthens its position as a full-fledged IT service provider by acquiring Grupo Meridian
Konica Minolta Business Solutions announces the acquisition of Grupo Meridian. The Spanish company is a specialist in providing solutions for information technology, communications, technological cons…
President Erdogan says Uber is “finished” in Turkey
Turkish President Recep Tayyip Erdogan has declared during a Ramadan dinner that the ridesharing company Uber is “over” in Turkey and apparently the interior ministry has given “the …
Raiffeisen Bank International AG launches “Elevator Ventures”
Today, Raiffeisen Bank International AG (RBI) launched a corporate venture capital (CVC) company called “Elevator Ventures”, which will provide € 25 million in investment capital. Elevator…
Croatia gives new incentives to citizens for purchasing electric cars
Croatia offers new incentives to its citizens and companies for the purchase of electric vehicles (EV). Over EUR 3,3 million has been allocated for this purpose – EUR 1.62 million for citizens and EUR…
New funding round lead by South Central Ventures for AI start-up Cognism
Cognism, a Macedonian/UK start-up, which uses artificial intelligence to generate sales leads, has closed a £2 M funding round, led by South Central Ventures, alongside Newable Private Investing, the …
South Central Ventures invests in LittleDot, the ultimate digital parenting platform
On 19 April 2018 in Zagreb, South Central Ventures announced the latest addition to their portfolio – LittleDot. Built by Dario Simovic and Dr.Milivoj Jovancevic. LittleDot is a platform which c…
EU pumping $2.6 billion into Europe’s VC funds
The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and scale-up…