Another Friday, another SuperFounders Newsletter that helps you catch up with the most significant startup news from East Europe.
Stillfront acquires Nanobit in deal worth up to $148 million
The deal will initially see Stillfront acquire 78 per cent of shares in Nanobit for $100 million, with the sale expected to close on September 30th. $70 million of the deal will be paid in cash, with the remaining $30 million offered in shares.
Coinpanion: Crypto startup gets investment from mySugr founders
Originally, they wanted to build a platform through which users could follow successful crypto traders and copy their trading strategies. But in the meantime, the Coinpanion team has switched and is now positioning itself as a “digital crypto manager” who automatically invests the monthly payments of users in cryptocurrencies.
Infobip: How a Bootstrapped Software Company From Croatia Became a Unicorn
„CEE Star of the Week“ is our weekly series of short stories where we present a company from Central and Eastern Europe that has recently achieved something significant – closed an investment round, won a prize, successfully launched on a new market, made a prominent hire, etc.
Polish e-commerce giant Allegro files for IPO, seeks to raise €225 million at a reported $10 billion+ valuation
Polish ecommerce platform Allegro has filed for an IPO, with plans to raise 1 billion zlotys (€225 million) and debut on the Warsaw Stock Exchange. FT reports that advisers are targeting a valuation of between €10 billion and €12 billion.