Prague-based accelerator StartupYard brokered CZK 415m for development of companies

Published: 23.01.2020 Related countries:  Israel Israel

Brand Embassy was acquired by Israeli company NICE

In 2019 StartupYard brokered CZK 415m for startups as part of an acceleration program. Since its creation in 2011 investments have reached CZK 865m. Brand Embassy was acquired by Israeli company NICE and Steel Mountain was acquired by Avast. A total of six companies were selected in the new 11th acceleration round: startups Qoobus (Romania/Moldavia), Symbolt (Kosovo), Piixpay (Estonia), Boom'n'Rank (CR), 24 Vision (CR) and iKast.io (France).
StartupYard CEO Cedric Maloux added that the partners of this round are Komerční banka, MICROSOFT and Edenred.

Source: www.cianews.cz

Prepared by the team of CzechTrade / CzechInvest Israel