Black Pearls VC News

HeavyFinance's €50M boost for green agriculture

Small and medium-sized agricultural businesses in five European countries will receive a total of €50 million from HeavyFinance, a Lithuania-based financial technology company to support on-farm decarbonisation and greener farming practices.

14 March 2024

Black Pearls VC announces an exit from Telemedi, selling its stake to Mavie, marking the third successful exit this year.

As a venture capital firm committed to helping startups grow and succeed, we’re thrilled to announce yet another meaningful exit from one of our portfolio companies: Telemedi. Mavie, an Austrian based healthcare provider acquired a majority stake in Telemedi, which resul...

14 December 2023

Certifier Raises $700k. European Startup Takes on the Digital Credential Software Market

· The Poland-based startup, Certifier, has just secured over $700,000 in funding from Movens Capital, FundingBox Deep Tech Fund, DEPO Ventures, and Black Pearls VC in a seed round. As part of the investment agreement, these funds have the option to double their capital c...

5 October 2023

Black Pearls VC achieves another successful exit with Solwit acquisition by ALTEN Group

We are proud to announce the recent acquisition of our portfolio company, Solwit, by the international engineering and technology consulting group ALTEN. It is yet another successful exit for our venture capital firm, and we are thrilled to see a 3.16x cash-on-cash retur...

Swotzy Steps Up Last-Mile Delivery Game with €500,000 Pre-Seed Investment

Riga, Latvia, August 14 – Swotzy, an innovative logistics startup, excitedly reveals a €500,000 pre-seed funding round, hot on the heels of its initial investment of €90,000 just four months prior.

17 August 2023

Traxlo secures 1.1 million euros in pre-seed funding for gig worker-based retail services expansion

Sweden-born, Lithuania-based start-up Traxlo has announced the successful closure of its pre-seed stage funding at 1.1 million euros, raising 600,000 EUR in fresh capital. Existing investors Iron Wolf Capital, Antler, and Red Pill VC participated in the round and were jo...

25 May 2023

Climate Tech specialist HeavyFinance closes 3M EUR seed funding round

London, 23rd March – HeavyFinance, a climate tech investment marketplace for the agricultural industry, has successfully raised €3 million during its seed funding round, led by VC firm Practica Capital.

23 March 2023

Digital finance platform Tapline comes out of stealth mode with pre-seed funding of €31,7M

Berlin, Germany: 6th December 2022 - Tapline, a digital finance platform allowing SaaS companies to trade their future revenues for upfront and non-dilutive cash, has today announced a pre-seed funding of €31,7 million.

8 December 2022

New investors join Autenti’s EUR 8.5m round, as it scales rapidly across Europe

13.09.2022, Warsaw

13 September 2022

GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise

LONDON, and RIGA, LATVIA, 1 July, 2022 -- GoCardless, the global leader in direct bank payments, has announced it plans to acquire Nordigen, the freemium open banking data provider, as it builds on its vision to become the world’s bank payment network. GoCardless will in...

1 July 2022