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CEE Tech Startups Attract $2 Billion in Funding Surge

7/19/2025

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Story summary
  • Central and Eastern Europe (CEE) is making strides in tech, with founders influencing global markets.
  • Thinking Machines Lab, led by Mira Murati, raised $2 billion in seed funding, reaching a $12 billion valuation.
  • Varda Space Industries from Bulgaria secured €160M for microgravity drug manufacturing; Numan raised €49M for weight loss solutions.
  • Polish Spacelift raised €43.63M for its AI infrastructure platform; Romanian Console secured €5.33M for IT support automation.
  • Ukrainian startup The Fourth Law received undisclosed funding from investors in the EU, USA, and Canada.