The Recursive: The Tech Media of Central and Eastern Europe

Ecosystem

4 mins read

Bulgarian Shelly Group Hits $1B Valuation

In a major milestone not just for Bulgaria, but for Europe’s tech scene at large, Shelly Group — the IoT innovator behind the well-known line of smart building solutions — has reached a market valuation of over $1B. At almost €50 per share, publicly traded under the ticker SLYG on both the Frankfurt (Xetra) and Bulgarian Stock Exchange, Shelly becomes a rare breed: a hardware-first, European-born tech scaleup that made it to unicorn territory without relying on endless venture capital...

Defense Tech

European Mindset Lags Behind The Reality of Modern Warfare

By The Recursive

There is an urgent need for greater innovation, investment, and cooperation to enhance Europe’s defense […]

Grammarly, Rewritten: From Ukrainian Bootstraps to AI Billionaire

By The Recursive

Grammarly announced on May 29th that it had secured a $1 billion non-dilutive growth financing […]

Money in Motion

The Role Of Financial Advisors In HNWI’s Investment Decisions

By Elena Ghinita

As the number and financial influence of High-Net-Worth Individuals (HNWIs) in Central and Eastern Europe […]

Founder's School

The Fintech Expansion Playbook: AI Can Scale It — But Only You Can Lead It

By Arthur Azizov

For fintech companies, expansion is just part of the job. You grow, or you get […]

Learn about the top AI companies, trends, and advances in CEE

Over €5B has been poured into CEE AI companies since 2021, with 2024 set to meet or exceed last year’s €850M. From 2025 onward, €1.4B+ in VC Funding will be available for the region’s AI startups. Big tech is increasingly looking at the region, with IBM, Intel, WP Engine, and Box having recently acquired AI firms in CEE and Google Cloud and Oracle showing higher interest in the region. Curious to learn more?

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The Recursive Podcast

The Fintech Expansion Playbook: AI Can Scale It — But Only You Can Lead It, TheRecursive.com

How Community Becomes a Movement ft. Dusan Duffek

The Fastest-Growing Tech Company in the Balkans ft. Mergim Cahani

When Should Founders Plan Their Exit Strategy? ft. Thaleia Misailidou

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The Recursive Connects

Bulgarian Entrepreneurs and Investors Share Their Years of Knowledge in The Recursive Documentary

Croatia’s Tech Rebirth: From Post-War Legacy to Billion-Dollar Breakthroughs

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Webit 2025

26.06.2025 09:00 - 26.06.2025 00:00
Sofia, Bulgaria

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Read Our Latest Articles

Defense Tech

Prague Welcomes Dual-Use Startups through NATO’s DIANA Programme Support

By The Recursive 6 June 2025 2 mins read

Startups developing dual-use technologies now have a strategic opportunity to join the NATO Defence Innovation […]

How to Win at the Global Stage: Webit 2025 and the Ultimate Guide to Founders Games for Scaleups

By Webit 5 June 2025 4 mins read

Sofia is getting ready to welcome the world. On June 26, 2025, the iconic NDK […]

Future of Work

Deel: Why Оne of the World’s Fastest Growing Companies Expands into CEE

By Deel 4 June 2025 3 mins read

Deel makes first on-the-ground appearance in Bulgaria, spotlighting the region’s growing role in global AI […]

Deals

Belgrade-based Prepia Lands €1.5M to Become the Duolingo of Professional Exams

By The Recursive 3 June 2025 2 mins read

Serbian edtech startup Prepia raises €1.5M seed funding from CEE firms Inovo and Silicon Gardens […]

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The Fintech Expansion Playbook: AI Can Scale It — But Only You Can Lead It

By Arthur Azizov

For fintech companies, expansion is just part of the job. You grow, or you get […]
Smart but Cold: What AI Still Can’t Do in Customer Support

By Tachat Igityan

Have you ever tried to reach out to customer support and received a reply from […]
The EU AI Act’s Cybersecurity Gamble: Hackers Don’t Need Permission

By Roman Eloshvili

As AI development advances, its use in cybersecurity is becoming inevitable – it can help […]

Smart but Cold: What AI Still Can’t Do in Customer Support

By Tachat Igityan 2 June 2025 3 mins read

Have you ever tried to reach out to customer support and received a reply from […]

From Scaling Startups to Shaping Boardrooms: How EBRD Supports Inclusive Leadership in Romania’s Innovation Economy

By EBRD 2 June 2025 6 mins read

Romania’s startup ecosystem is evolving, and as more companies transition from early-stage to scaleup operations, […]

Defense Tech

Prague to Become the Epicenter of European Defense Innovation Next Week

By The Recursive 31 May 2025 7 mins read

Innovators in defense and security technologies will gather in Prague from June 3 to 8 […]

PREDICTO Joins EBRD’s Star Venture Programme to Accelerate Industrial Innovation

By The Recursive 30 May 2025 3 mins read

Predictive maintenance startup PREDICTO is among six Bulgarian companies selected to join the exclusive European […]

ViennaUP 2025: The Startup Festival

Spanning over 9 days, from May 8th to May 16th, this year’s programme includes nearly 50 city-wide events, focusing on the most transformational verticals in tech, from AI to sustainability and health.