The Recursive: The Tech Media of Central and Eastern Europe

5 mins read

Top Funding Rounds Raised by Baltic Startups in 2025

In 2025, the Baltic startup ecosystem continued to mature. At the same time, investment activity has been notable: Lithuania’s total tech ecosystem value surpassed €16.4 billion thanks to a significant increase in venture capital inflows and high-profile funding rounds. In 2025, Latvia’s startup ecosystem witnessed an increased investment flow, jumping by about 190% to €73 million, driven by large rounds in robotics and AI-related ventures. Meanwhile, Estonia’s tech scene continued to stabilize and evolve, with local venture funds holding around...

Deals

Croatian InsiderCX Secures Seed Round to Expand Its AI-powered Patient Experience Platform

By Lenka Vranová

The newest funding is a seed round secured by InsiderCX based in Varaždin/Zagreb, Croatia. 👯 […]

Ecosystem

New Index! How Well do the CEE Countries Support the Journey of an Entrepreneur?

By Ana Marija Kostanic

StartupBlink, a global startup ecosystem research platform providing data, rankings, and insights on innovation ecosystems, […]

Founder's School

Founders, Stop Dumping Money on Your Go-To-Market Strategy

By Ksenia Novikova

If you’re a founder, at least once you’ve googled “go-to-market strategy.” You’ve asked ChatGPT, and […]

Deals

Top Funding Rounds Raised by Greek Startups in 2025

By Teodora Atanasova

In 2025, Greek startups raised funding from both domestic and international investors. According to data […]

Who is Protecting Europe’s Future?

The Recursive Report on the State of Defense and Cybersecurity Tech in CEE

This research delivers the first comprehensive market intelligence on defense and cybersecurity innovation in Central and Eastern Europe, mapping startups, investment flows, and ecosystem stakeholders across 14 markets. Incorporating detailed data and expert interviews, the report examines dual-use technologies and strategic partnerships that underpin Europe’s evolving security architecture.

Download the report

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Ecosystem

Picked by Editor

Will These Three Initiatives Boost Romania’s Innovation Capabilities?

By Elena Ghinita 28th Mar 2025

Once spring has arrived, it looks like not only the flowers are set to blossom, but also Romania’s innovation. The government and organizations across the country are taking extra steps in boosting the country’s technological and research capabilities and announced, this month, the launch of three initiatives: Romanian Artificial Intelligence Hub (HRIA), FreeYa Mind Campus, and the EIT Community RIS Hub. These projects, distinct yet with the same objective, focus...