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February Portfolio Updates - SeedBlink Alumni

Each month, we bring you a summary of the new milestones reached by the companies funded on SeedBlink, and provide insight into their activities and excitement.

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Dronamics recently announced the expansion of their R&D and manufacturing teams with the addition of three outstanding industry veterans, who will help them scale up their development and production in preparation for the launch of their commercial service this year. Dronamics recently raised three million euros in a round led by Eleven Capital, a Bulgarian VC firm, which also includes almost one million euros from SeedBlink. The raise followed a listing on the Bulgarian Stock Exchange in December, which raised almost three million euros in an IPO.

InnerTrends has launched an educational video series: 5 minutes with your data. Learn about the impact Time to First value can have on your SaaS growth in this new series.

Income closes crowdfunding round after exceeding fundraising target. Peer-to-peer lender Income has completed its latest crowdfunding round after raising €844,019 (£703,000). The Estonia-based consumer and business lending platform launched a Seedrs campaign last month. The crowdfunding round was backed by 381 investors. It comes after the platform launched a €400,000 crowdinvesting campaign with investment platform SeedBlink in September 2021 to fund new hires, continue product development of its retail investor mobile app and further develop its institutional investor onboarding capabilities.

A dedicated article on Kinderpedia’s newest app's module - Progress Monitoring - a digital tool available directly in the mobile app that allows teachers to record their observations in real time and analyse them in an individualised progress sheet for each child, tailored to their curriculum. The school progress monitoring module is a technical innovation that creates a new functionality in the Kinderpedia mobile app, but also an administrative one by simplifying and digitising the assessment process.

With the new financing round of €600,000 signed with Fortech Investments, SIF Transilvania and Sparking Capital, KFactory has achieved a four-fold valuation of the company.

The €600,000 funding round was led by Fortech and Sparking - an existing investor - increased its placement. With this round, KFactory's total funding reaches €817,500. The amount now raised will be used to accelerate growth in the DACH market (Germany, Austria, Switzerland), invest in the partner network and integrations, and expand platform capabilities to increase operational performance, sustainability, and digital knowledge at the factory level.

MOCAPP has launched Lovefluencer 2.0: the digital matching tool that understands the needs of MarComm professionals and helps them instantly find the most suitable influencers for the brand they represent. Like a dating app, for brands and influencers. More information is below.

Furthermore, MOCAPP has created an analysis of the 7 most important trends that will shape the market in 2022. The selected trends take into account the behavior of consumers and professionals in the global marketing industry, technological innovations, and the policies of the main players in social media or the analysis of the statistics of the #MOCAPP platform from the last 18 months.

Oveit, the technology company providing online digital ticketing and virtual shopping solutions, announces a partnership with Polygon Studios aimed at making the process of creating and selling Non-Fungible Token Tickets ("NFT Tickets") as easy as possible. The partnership between Oveit and Polygon will quickly remove barriers to entry and, for the first time, provide any event organizer with the ability to issue and sell NFT tickets and generate additional revenue from a new source.

****PROCESIO and Modex join forces to deploy no/low-code-backed blockchain automation. ️This partnership allows Procesio to work on business workflows that showcase the synergy between the security, integrity and transparency brought by enterprise-grade blockchain technology and the efficiency of no-code low-code workflow automation.

The team is also glad to welcome Ian Barkin as Strategic Advisor at PROCESIO. Ian is a globally recognized expert, author, educator and influencer in the RPA and Intelligent Automation field. He was co-founder of Symphony Ventures, the leading RPA boutique consultancy, and co-author of the bestseller "Intelligent Automation - Welcome to the World of Hyperautomation".

Upgrade Academy offers scholarships for students who wish to apply to the United States. The scholarship competition was created out of a desire to help exceptional students gain access to the colleges of their choice, regardless of their financial situation. To apply, students must be in the 11th grade, have academic or extracurricular achievements at the national or international level, and their family's monthly income must be below or around $10,000.

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We help startups in raising more than just capital. We see startup support as a long-term relationship and want to maintain close ties with our Alumni community. One of the most important aspects is assisting them in hiring talent and building teams to ensure the success of their venture. To see the up-to-date job openings of our portfolio companies, click here.

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By Bianca Iulia Simion

PublishedFebruary 28, 2022


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