The Recursive

1 week ago | therecursive.com | Teodora Atanasova

Bulgarian EnduroSat, a of satellite technologies and services, announced today a €43 million investment led by Founders Fund. The funding includes participation from CEECAT Capital, Morphosis Capital, and other existing investors. The new capital will be used to scale up production of Gen3 ESPA-class satellites, weighing between 200 and 500 kg.

1 week ago | therecursive.com | Elena Ghinita

.lumen, a Romanian deep tech company developing assistive wearable technology for the visually impaired, has recently obtained the CE certification for its .lumen Glasses. The certification marks a significant regulatory milestone and clears the path for the product’s launch in the European market later this year.

2 weeks ago | therecursive.com | Elena Ghinita

Mirna Marnovic, President of the Croatian Private Equity and Venture Capital Association, brings over 30 years of experience in finance. Her work spans investment banking, private equity, and venture capital, and she has been involved in major market development projects across Central and Eastern Europe (CEE). Through collaborations with international financial institutions and support for fund managers and investors, Marnovic has helped shape the region’s investment landscape.

2 weeks ago | therecursive.com | Teodora Atanasova

The Czech Ministry of Industry and Trade has officially launched a new “Fund of Funds” aimed at supporting the Ukrainian economy, aiming to encourage startup development in response to Russia’s invasion. The initiative was first announced by Jan Kavalírek, Deputy Minister of Industry and Trade of the Czech Republic, during the Invest in Bravery conference in Kyiv.

3 weeks ago | therecursive.com | Elena Ghinita

Venture capital might look like pitch decks, networking events, and the occasional headlines about a unicorn exit—but behind the scenes, it’s a mix of financial insight, people skills, and relentless curiosity. If you’re thinking about starting a VC career, here are the skills that will get you in—and keep you in the game. We asked three insiders from Central and Eastern European VC funds what makes someone successful in this fast-paced, ever-evolving world. Here’s what they told us.