Southeast Europe / Tech
Serbia’s gaming sector sees 22% revenue surge in 2024
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
"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
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
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
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
Figures make Turkish sector "second league".
Durana tech park launches in Albanian capital
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
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
Funding to be used to further develop SplxAI’s platform, which provides automated security testing, remediation and monitoring for AI agents and applications.