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…
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.
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, lead 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…
Elevator Lab Challenges: the CEE region’s largest fin-tech acceleration program
On 2 April, Raiffeisen Bank Bulgaria, the Bulgarian network bank of Raiffeisen Bank International (RBI), started the application phase for its local “Elevator Lab Challenge”. Bulgarian sta…
Bulgaria rising: Can a growing startup movement reinvent the country’s economy?
Facing the uncertainty of life in post-Soviet Bulgaria, 18-year-old Vladimir Davchev moved to the United States in the late 1990s to pursue his education and dreams of working in the stock market. But…
Zuckeberg: Macedonia is a “Fake News” Source
In an interview on Thursday for The New York Times, Mark Zuckerberg shed some interesting insights into the Fake News conversation coming out of Macedonia. While discussing the scandal involving Briti…
How a Bulgarian scheme scammed Spotify for $1M
A scamming operation in Bulgaria managed to grab away as much as $1 million in royalties out of Spotify last year, according to sources mentioned in a report . The Bulgarian entity, which hasn’t been …
WooCommerce and Success go Hand in Hand
Seven years after its release, WooCommerce continues to gain unprecedented popularity. Even with dedicated store builders like Shopify and BigCommerce, the powerful eCommerce WordPress plugin has the …