Southeast Europe / Tech
Konzum launches Croatia's first automated supermarket
Konzum’s store is one of a growing number of entirely cashierless shops in Europe as international retailers explore the potential of AI technology.
Erdogan asks Musk for Tesla gigafactory during meeting in New York
Also offers entrepreneur cooperation in artificial intelligence and Starlink satellite internet services.
Romanian startup Druid raises $30mn in series B round
Funding to help Druid accelerate its international expansion, particularly in the US market.
Fortunes of Turkey’s rapid grocery delivery firm Getir plummet
Startup that became a big hit during the pandemic reportedly now worth quarter of $12bn it was valued at 18 months ago.
Croatian firms launch NFT 'crypto pigs' platform to boost pork industry
Investors can buy "crypto pigs" in the form of NFTs through the GoAgro platform, launched to support Croatia's struggling pork industry.
Moldovan P2P lending platform Fagura to expand to Romania
Moldovan fintech breaks into the EU market with expansion into neighbouring Romania.
EBRD to support rural fibreoptic network construction in Serbia
Development bank aims to connect remote and underserved regions of Serbia.
Anglo-Turkish fintech Colendi launching Turkey’s first digital deposit bank
Firm has acquired e-money, asset management, capital market and insurance brokerage licences over past 24 months.
Bulgaria’s competition watchdog allows sale of mobile towers to Saudi company Tawal
Tawal's acquisition of TowerCo is the company's first investment in the European telecoms sector.
Romania allows Lenovo to participate in 5G network infrastructure
Lenovo given permission by top officials despite law restricting role of Chinese companies in Romanian telecoms sector.
New research reveals surge in AI startups in Southeast Europe
Latest AI map from Techcelerator and Google for Startups shows a massive expansion in the AI startup ecosystem.
Bosnian fitness tech start-up Rolla raises €6.3mn in seed round
Gamified fitness platform backed by Rimac Group founder Mate Rimac and Superbet Group founder Sacha Dragic's family office.
Databricks to open development centre in Belgrade
Databricks seeks to build up Belgrade team, taking advantage of region's "rich vein of technical expertise".
SAP opens digital innovation hub in Bucharest
The Bucharest hub is part of SAP's global R&D network that oversees the company's engineering activities.
Google alert system failed to warn people of Turkey earthquakes finds BBC investigation
Tech giant claims warning service worked but in hundreds of interviews reporters can’t find a single survivor who says it sent an emergency message ahead of first quake.
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Neobank acquisition makes Papara Turkey’s first fintech unicorn
Electronic money firm with 16mn active users valued at over $1bn.