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South East Europe's unicorn ecosystem is catching up with the rest of the world

However, slowly but surely, the South East Europe region has been catching up. In 2018, the robotics start-up UiPath became Romania’s first unicorn. In 2020, Croatia gave another unicorn to the region with InfoBip, a company offering a messaging platform to institutions such as banks and mobile operators. This year, Romania got its second unicorn with Elrond, a blockchain start-up. Slovenia has also joined the unicorn club in the shape of Outfit 7, the game studio behind the popular My Talki...
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Pharnext Announces a New Financing Through a Convertible Bond Program for a Total Amount up to €81 Million Gross to Extend its Cash Runway and to Continue to Fund its Pivotal Phase III Study

5 million * Maximum potential dilution the 35 OCEANE-BSA tranches would lead a shareholder holding 1% of the share capital before the financing to hold 0.38% of the share capital after the full drawdown and conversion and exercise of the OCEANE and BSA[1].
The Company Global Tech Financing Program Pharnext Sa தி நிறுவனம்
Source: yahoo.com

UK tech industry grows tenfold in last decade as London leads Europe : CityAM

UK tech industry grows tenfold in last decade as London leads Europe The number of UK tech unicorns has grown tenfold in the last decade (Image: Matt Alexander, PA Wire) The UK tech industry has expanded tenfold over the last 10 years as London continues to close the gap on Silicon Valley. Between 2010 and 2020 the number of British unicorns — private tech firms valued at more than $1bn — grew from eight to 81, while the number of companies nearing unicorn status also grew ...
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Source: cityam.com

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