The e-commerce company behind YMR Track Club has been declared bankrupt, just three months after its founder stated the company had made a ‘comeback’ and was not in an acute crisis.
Flyboard, a company specializing in AI-powered voice agents, has raised 1.9 million euros in funding led by b2ventures with support from Kfund and Yellow to accelerate technology development and expand in Spain.
Youmoney, Poland’s largest loan brokering platform, achieved significant growth without venture capital funding. The company generates 100,000–150,000 monthly leads and aims to expand beyond Poland. Piotr Kaim, co-founder and CEO, discusses the company’s strategy in an interview with MamStartup Podcast.
Romanian private healthcare provider MedLife announced the opening of a new hyperclinic in Bucharest, Romania, following a 1 million EUR investment. The facility integrates laboratory tests, specialist consultations, and functional monitoring, expanding MedLife’s network to 37 hyperclinics nationwide.
Scoutyn, the largest database of tech startups and SMEs in the Iberian Peninsula, launched a new ‘challenges’ feature to enhance the identification of tech startups and SMEs. This follows the April beta launch of its platform.
Matsmart’s valuation fell 77% after additional capital injections and strategic exits from several countries. CEO Sofie Zettergren aims to cut costs and reach profitability by 2028.
Wayve, a UK-based autonomous vehicle scaleup, will test the London Stock Exchange Group’s (LSEG) new private markets platform, Pisces, by selling shares via the system. The company previously raised $1.2 billion in February and $60 million in April from investors including Nvidia, Microsoft, and SoftBank.
Untold, a Romanian music festival, announced a funding round targeting over 9 million EUR through SeedBlink. The company aims to expand globally, with plans for festivals in Colombia (2027) and other regions, and aspires to become Romania’s next unicorn valued at $1 billion.
Ascendex Technology SRL, a Bucharest-based crypto platform, was fined 11,000 EUR by Romania’s Data Protection Authority for violating GDPR rules. The case originated from a French citizen’s complaint about delayed data deletion requests, with the Romanian authority finding the company took up to 37 months to resolve similar requests for other users.
Pricerunner, a price comparison site owned by Klarna, secured a partial victory in its legal dispute with Google, which was ordered to pay 14.3 billion SEK in damages and an additional 5 billion SEK in interest.