CEED Tech

CEED Tech is a consortium of five startup accelerators located in Central and Eastern Europe, specifically in Prague, Budapest, Bratislava, Tallinn, and Vilnius. Founded in 2011, CEED Tech focuses on fostering technology companies by providing tailored acceleration programs that last between three to six months. Over the years, it has successfully launched 94 technology startups, helping them secure over €5 million in seed and venture capital. Each selected startup receives initial seed financing of up to €30,000, with the potential for follow-up funding ranging from €30,000 to €250,000 based on their business viability and market potential. CEED Tech's programs are designed around the specific needs of participants, employing best practices from leading global accelerators. The project is co-funded by the European Commission and supported by private investors, who acquire 5% to 15% equity stakes in exchange for their investments.

Nikola Rafaj

Co-Founder

4 past transactions

Ordercity

Seed Round in 2016
Ordercity is an e-commerce platform designed for the on-demand era, focusing on takeaway restaurants. The company provides a comprehensive multichannel ordering system that enables restaurants to efficiently manage online orders and payments while enhancing customer relationship management. Ordercity aims to empower restaurants to establish a profitable takeaway business by equipping them with the necessary tools to streamline their operations and maintain control over their services.

Dropbyke

Seed Round in 2015
Dropbyke operates a station-less bike sharing platform that utilizes a mobile application to facilitate bike rentals. Users can easily search for available bikes through the app, similar to booking a car. The system allows for convenient access to bikes, enabling riders to pick one up and enjoy their journey. After completing their ride, users can drop off the bike at any public bike parking location, providing flexibility and ease of use. This approach to bike sharing eliminates the need for fixed stations, making it a practical option for urban commuting.

Savy

Seed Round in 2015
SAVY is a peer-to-peer online lending marketplace based in Lithuania, specializing in both unsecured and secured consumer loans. The platform connects Lithuanian borrowers directly with European investors, allowing investors to lend money online and earn higher interest rates. Borrowers benefit from lower interest rates by accessing funds directly from investors, bypassing traditional banks and credit institutions. Unlike many peer-to-peer lending platforms, SAVY does not rely on deposit accounts for transactions, instead facilitating direct connections between borrowers and investors through their bank accounts. This unique approach helps the company navigate regulatory challenges in various European Union countries. Loan agreements are established directly between the parties, structured as annuities with monthly repayments, ensuring automated payment transfers to investors. SAVY's services encompass a range of loan options, including consumer loans, home loans, car loans, and business loans, providing clients with accessible financial solutions at competitive rates.

Veleza

Angel Round in 2015
Veleza operates an online social community focused on helping individuals discover beauty products tailored to their personal needs. The platform allows users to share beauty tips, news, product reviews, and recommendations, fostering a collaborative environment where consumers can engage with one another. By leveraging community-sourced content and feedback, Veleza empowers users to make informed decisions about their beauty purchases, enhancing their ability to look and feel their best.
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