Flowpay raises €30 million to lend to SMEs and innovate embedded finance
Prague-based FinTech startup Flowpay has secured €30 million from investment manager Fasanara Capital to provide working capital financing for SMEs and become a notable player in the world of embedded finance.
Webout is Redefining Video Personalization with AI and Expanding Globally with Support from DEPO
Creating personalized video content without the need for large-scale production or technical expertise—Webout, a Czech-based startup, is redefining video creation by enabling businesses to tailor content in real-time for each viewer. The startup has secured €100,000 in funding from investment group DEPO Ventures, with additional backing from angel investors Miroslav Michalko, Radek Alenka, and Vladan Hejnic, who formed the Venture Buddies syndicate and contributed €240,000. This brings Webout’s total funding round to €340,000, which will be used to scale its product and expand into international markets.
Business Proposals in Minutes, Not Hours: DEPO Ventures and StartupYard Invest in Ydoca
Automating responses to inquiry forms and generating business proposals—this is what the integrated AI platform developed by the startup Ydoca brings to the market. Their technology seamlessly integrates into every step of the process, leveraging generative AI to boost efficiency by up to 70%. As part of its pre-seed investment round, the startup secured a total of CZK 2.3 million in funding, with DEPO Ventures contributing CZK 1.8 million and StartupYard investing CZK 500,000.
YUMMY Brings a New Way of Home Cooking to the Czech Republic
Our portfolio company, YUMMY, is entering the Czech market with a unique service that allows customers to choose and order the recipes they want to cook and delivers all the necessary ingredients directly to their homes. This innovative way of home cooking originates from Finland, where parent company Ruokaboksi has been operating since 2017. After successfully entering the Estonian market, YUMMY decided to expand its activities to Prague and plans to expand to other Czech cities as well.
Former Czech unicorn team founds AI-powered recruitment startup Finlay
DEPO Ventures announces its investment in Finlay, an AI-powered recruitment startup co-founded by ex-Mews COO, Scott Moran. The €300,000 pre-seed round, led by J&T Ventures alongside DEPO Ventures, aims to redefine how companies source talent across Europe and beyond. With deep expertise from the founding team – including leaders and recruiters from Mews, IBM, Rossum, and Cyrkl – Finlay is set to reshape the recruitment industry.
TelcoBrain Technologies Inc. Announces Convertible Note Funding Round Led by DEPO Ventures
TelcoBrain Technologies Inc. is pleased to announce the successful completion of a convertible note funding round led by DEPO Ventures. This strategic investment marks a significant milestone in TelcoBrain’s mission to revolutionize network evolution and infrastructure management. The funding underscores the confidence in TelcoBrain’s innovative approach to optimizing network and cloud resources based on techno-economic principles.
Subscriptions to furniture, fashion or garden technology as a new trend. DEPO invests in Circuly.
German startup Circuly is developing a software solution that allows companies to introduce and scale subscriptions for products such as bikes, cars or furniture. In an investment round led by funds Neoteq and Gateway Ventures, Circuly raised a total of CZK 13,475,000, which it will use to expand its solution into new industry segments and support its expansion into Central and Eastern Europe. Czech DEPO Ventures also participated in the investment round.
Founder, it’s your chance to win $1M! Startup World Cup Regional Finale is coming back to Prague.
Startup founders have an exciting opportunity on the horizon as the world’s largest startup competition, the Startup World Cup, returns to Prague on October 24th.
Cardino's Revolutionary Used EV Sales Model Sparks Investor Excitement with €4 Million Seed Round
Cardino, a pioneer in the used electric vehicle (EV) market, recently announced a triumphant €4 million seed funding round spearheaded by Point Nine. The funding round was supported by an array of distinguished angel investors and notable figures, including key investors from platforms like Rosberg Ventures, Vinted.com, Bolt, HomeToGo, Dance and HeyJobs.
Acting as a security agent within mobile applications, Czech startup Talsec serves over a thousand c
With users increasingly favoring mobile applications over computers, attackers are turning their attention toward mobile devices. However, company executives often view security costs as a "necessary evil" due to their indirect impact on revenues. Czech startup Talsec aims to change this perspective by offering specialized tools for app developers that protect against hackers, conceal sensitive information, and detect malicious software. Originating as a spin-off from the Brno-based technology company Monet+, Talsec, after two years of organic growth, has received an investment exceeding 1 million euros in the first round from London-based Dig Ventures and Czech DEPO Ventures. This funding is intended to accelerate its penetration into the global market and support further development.