Newsletter #42: SaaS translation startup Lokalise closes €5 million, raises €2.5 million to scale

Another Friday, another SuperFounders Newsletter that helps you catch up with the most significant startup news from East Europe.

Latvian SaaS translation start-up Lokalise closes €5 million Series A round

Latvian SaaS translation start-up Lokalise has raised nearly five million euros in a Series A round led by Mike Chalfen, one of the biggest names in European venture capital. Austria-based fund capital300 also contributed to the funding series, as well as a number of angel investors.

September 9th,

Estonian startup raises €2.5 million to become the Stripe for cryptocurrency payments

Estonian startup has raised €2.5 million in seed funding with hopes of becoming the Stripe for cryptocurrency payments. The investment was led by Berlin-based Target Global and will fuel an ambition plan to scale across Europe, Africa and Latin America.

September 8th,

Insurtech Cachet collects over €1 million to cut insurance rates for gig workers and expand in Europe

Estonian insurtech startup Cachet, which has thus far offered financial services to gig workers on ride-hailing platforms, secured €1.1 million in seed funding to expand to other sectors of the sharing economy and into new markets. Led by, the round included previous investors like Techstars, Barclays and Lemonade Stand, plus some angel investors.

September 3rd, tech-eu 

Viennese data analytics startup Jentis secures €400,000

According to the startup founders Thomas Tauchner and Klaus Müller, web analysis tools provide imprecise data. With their company Jentis, they want to provide Google Analytics, Hotjar or Matomo with better data and have now secured high funding from the FFG research funding agency for the development of this solution. The 400,000 euros are to flow directly into new employees in research and development, as the startup announced.

September 4th,[AU]

Interactive Paper: €180,000 for the startup with the magic flyers

Place your smartphone on a flyer and then tap the buttons and buttons printed on the paper – and lo and behold, the appropriate content appears on the smartphone display. With this trick, the Austrian startup Interactive Paper has become known primarily in the advertising industry.

September 9th, [AU]