Berlin-based micro-mobility firm TIER acquires app maker Makery, establishes new tech hub in Budapest

Investing in and developing their presence in the CEE region, Berlin-based TIER has acquired Budapest’s app maker Makery. Financials were not disclosed. The acquisition of Makery will represent TIER’s largest tech-focused office outside of Berlin and London, and Budapest will serve as the tech hub of TIER’s planned expansion into Central and Eastern Europe later […]

Tallinn-based Bolt receives €20 million in investment, targets Eastern Europe and further African expansion

Mobility platform Bolt has recently received a €20 million investment from IFC, a member of the World Bank Group. The fresh investment is earmarked to creating earning opportunities and stimulate small-scale entrepreneurship, as well as improve access to transportation in emerging economies, primarily Eastern Europe and Africa. Bolt entered the African market in 2016 via […]


Eurazeo announces second Smart City fund with €80 million initial close

French-born venture capital firm Eurazeo has announced the first close of its second smart city fund, devoting €80 million to invest in the most promising energy, mobility proptech and logistics startups worldwide. Specifically the fund will look at startups assisting shifts such as work from home, shared mobility, electric mobility, food delivery and the renewable […]

Electric and solar: How Dutch carmaker Lightyear wants to solve range anxiety

Editor’s note: This is a sponsored article, which means it is independently written by our editorial team but financially supported by another organisation, in this case, If you would like to learn more about sponsored posts on, read this and contact us if you are interested in partnering with us. Electric cars have […]