Page 20 - bne IntelliNews monthly magazine November 2024

20 I Companies & Markets bne November 2024
Croatia startup raises €10mn to boost
AI-driven adtech
Aida Kadyrzhanova in Prague
Croatian adtech startup All Eyes On Screens (AEOS), formerly known as AdScanner, has secured around €10mn in a Series B funding round, the company announced in a press release posted on its LinkedIn page.
The round was led by Taiwania Capital, with participation from existing investors Lead Ventures, J&T Ventures, and South Central Ventures.
AEOS uses artificial intelligence (AI) to enhance TV and video advertising. The platform leverages audience data from millions of households to help advertisers better target their campaigns and track performance across devices.
Products including Cockpit, TV BOOST and Apollo offer advertisers smarter audience measurement and more efficient ad performance tracking, utilising anonymised data from telecom companies and OTT (over-the-top) streaming providers.
“We are very happy to welcome Taiwania Capital on board, alongside our existing investors to support us in bringing our benefits to even more advertisers worldwide,” said Marin Curkovic, CEO and co-founder of AEOS, in the company's LinkedIn post.
Currently operating in Croatia, Austria, Bulgaria, Germany and Switzerland, AEOS plans to expand into both Southeastern and Western Europe, now bolstered by this new funding.
The broader Croatian tech scene has been gaining momentum, with the ICT sector contributing about 6% to the country's GDP.
Several successful startup companies have emerged from Croa- tia, including Infobip, a global cloud communications platform provider. The country's first tech unicorn Infobip offers a suite of messaging, voice, and chat apps that enable businesses to commu- nicate with customers on a global scale. The company has been recognised as one of the fastest-growing tech companies in Europe.
In Skabrnja, a less conventional tech hub, Croatian startup Rearm is changing the programming game with its platform for automatic business application creation. Operating from Zagreb, Rearm plans to introduce its platform for non-programmers in 1Q24.
International venture capital investors have backed other Croatian startups such as Gideon Brothers, a developer of AI and 3D vision-based autonomous mobile robots (AMRs), and maths app PhotoMath, which is being acquired by Google.
German Dataciders acquires Bulgarian IT
services provider ROITI
bne IntelliNews
German IT services provider Dataciders said it has acquired Bulgarian IT services provider ROITI, which offers end-to-end consulting services in the field of data and Artificial Intelligence (AI).
The deal is expected to strengthen Dataciders’ end-customer diver- sification and to further expand the company’s customer base.
“The acquisition will help Dataciders to further expand its customer base in the energy & utilities market in the DACH region and strengthen its position in ETRM. ROITI brings an experienced team of more than 90 consultants and develop- ers, mainly serving large customers in Europe, especially in Germany and Switzerland. Through its in-depth expertise with the two ETRM platforms Endur and Molecule, ROITI also
www.bne.eu
expands Dataciders' existing technology portfolio, particu- larly in the area of ETRM,” Dataciders said in a press release on its website.
“The merger with Dataciders offers us three key opportuni- ties: access to new and larger clients, access to new compe- tencies and more opportunities to scale our business. We can realize these goals in the company of like-minded people with different backgrounds and experiences, which allows us to challenge each other and become better together,” ROITI’s managing partner Ventsislav Topuzov noted in the press release.
ROITI’s client portfolio includes mainly large European clients, focusing on Germany and Switzerland.