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By Gianluca Bellan and Andrea Hak Hungary is a startup hub on the rise. million in funding and made its first acquisition in 2017. In the year Prezi was founded, 2009, the country already had its first English language workshop for aspiring entrepreneurs, the Venture Accelerator Course,… This story continues at The Next Web.
This edtech startup is yet another “learning English as a second language for children” startup. million Series A financing led by Hungary-based PortfoLion (part of OTP, a leading banking group in Eastern Europe), alongside a prominent edtech-focused U.S. fund, LearnStart. It is incorporated in the U.S.
“The users need to feel that the game was made for them, not just translated from one language to another. Tamatem will use the latest funding to amplify its efforts by bringing various games with more popular titles to the Arabic-speaking market. India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan.
The current plan is to figure out how to get staff across the border either to Hungary or Poland. These companies have raised funding from some of the world’s biggest VCs and one question will be how and if those relationships will be impacted with the latest developments.
Respondents said they invest around 50% inside Czechia and 50% across Central and Eastern Europe, while some are more focused across CEE generally, with some percentage of the fund supporting startups that have scaled to the U.S. Only in founders from: Czech Republic, Poland, Slovakia, Slovenia, Croatia, Romania or Hungary.
The roughly $100 million mission turned a 10% profit, thanks to funding from NASAs Commercial Lunar Payload Services (CLPS ) program and Tipping Point Initiative , commercial payloads, and three additional rideshares for satellites that will deploy to other destinations after Athena detaches from the rocket post-launch.
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