Southeast Europe / Tech

Western Balkan states increase use of surveillance, censorship to suppress opponents

bne IntelliNews April 30, 2025

Use of biometric surveillance and facial recognition technologies is expanding rapidly across the Balkans, according to a new BIRN report.

Serbia’s gaming sector sees 22% revenue surge in 2024

bne IntelliNews April 29, 2025

Serbian Games Association report shows a maturing sector with robust output, increased gender diversity and sustained innovation, despite signs of slowing job growth.

Bulgaria-based crypto lender Nexo to return to US market

bne IntelliNews April 28, 2025

"America is back — and so is Nexo," says company's co-founder after meeting with Donald Trump Jr.

Bulgaria's fastest-growing startup Lace AI raises $19mn in seed funding

bne IntelliNews April 24, 2025

Lace AI, which has developed AI-powered call centre technology for home services companies, posted 1,000% growth in 2024.

Advent International buys Bulgaria-based digital bank tbi

bne IntelliNews April 22, 2025

Private equity investor says tbi’s digital-first business model and customer-focused approach has created one of the leading and fastest growing challenger banks in the region.

Bosqar’s Mplus expands with Conectart and Valoris acquisitions


bne IntelliNews April 15, 2025

Croatia-based BPO company announces takeovers in Romania and Slovakia expanding its footprint in the CEE region.

Tech startups in Turkey raise $58mn in worst quarter since 2023

Akin Nazli in Belgrade April 14, 2025

Figures make Turkish sector "second league".

Durana tech park launches in Albanian capital

bne IntelliNews April 4, 2025

PM Edi Rama hopes new tech park to ultimately bring €0.5bn in budget revenues by backing Albanian tech talent.

TikTok reports intense fraudulent activity related to elections in Romania

Iulian Ernst in Bucharest April 2, 2025

Video sharing network reveals the scale of online manipulation around Romania's cancelled 2024 presidential election, with nearly 100,000 fake accounts blocked.

SplxAI raises €6.45mn backed by Bulgaria-based LAUNCHub

Aidą Kadyrzhanova in Prague March 27, 2025

Funding to be used to further develop SplxAI’s platform, which provides automated security testing, remediation and monitoring for AI agents and applications.

Albanian journalists and rights groups challenge TikTok ban in court

Aidą Kadyrzhanova in Prague March 26, 2025

The government ordered internet providers to block TikTok for one year from March 13, citing safety concerns.

Albanian opposition Democrats protest against TikTok ban

bne IntelliNews March 17, 2025

The Democrats have accused the ruling Socialist Party of exploiting a teenager's death linked to an online dispute to tighten control over online speech ahead of this year’s general election.

Turkish logistics startup Navlungo raises $6.5mn across pre-Series A rounds

Akin Nazli in Belgrade March 13, 2025

Search engine enterprise seen as potential unicorn.

Albania bans TikTok for one year

Aidą Kadyrzhanova in Prague March 7, 2025

Albanian PM Edi Rama said TikTok exposes children to violence and toxic content.

Croatian Telecom to spin off mobile infrastructure

Aidą Kadyrzhanova in Prague March 2, 2025

HT follows model that has become increasingly popular as telecom operators seek to cut costs, boost profitability and prepare for future 5G expansions.

Romanian prosecutors investigate suspected ‘troll farm’ promoting far-right candidate

Iulian Ernst in Bucharest February 28, 2025

Prosecutors say Turkish IP addresses and Russian email accounts were to boost the online presence of Calin Georgescu ahead of the cancelled 2024 presidential election.

Cellebrite halts product use in Serbia after Amnesty warns over digital surveillance

bne IntelliNews February 26, 2025

Amnesty International accused Belgrade of misusing surveillance tools to target journalists, activists and civil society members.

Bulgaria-founded Chaos strengthens role in AI-powered architectural design with EvolveLAB takeover

bne IntelliNews February 21, 2025

Companies join forces to "redefine architectural design through AI, generative workflows and automation".

Romanian startup Bible Chat raises $14mn in Series A led by True Ventures

Iulian Ernst in Bucharest February 20, 2025

Bible Chat is 13th among the most downloaded apps on the App Store, alongside WhatsApp and Instagram, and has so far reached 10mn users.

Tech startups in Turkey raise $1.1bn in 2024

Akin Nazli in Belgrade February 9, 2025

Excluding anomalies created by activities of Getir and Bigg, 237 enterprises raised $804mn, up from $236mn in 2023.

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