Lithuanian AI-powered platform for online reputation management WhiteBridge raised $500K

Lithuanian AI-powered platform WhiteBridge for online reputation management raised $500K. Lithuanian accelerator and fund Firstpick was the lead investor in the pre-seed funding round. Lithuanian Scalewolf, Dutch First Degree Capital, and American Nectolabs also participated in the deal. 

WhiteBridge helps transform scattered online data into a coherent narrative of your digital identity so that you can protect your reputation, understand prospects, prepare for pitches, hire wisely, and verify authenticity. The startup was founded in February 2024 in Vilnius by Paulius Taraškevičius, Irmantas Motiejūnas, Tomas Martūnas and Justin Barauskas.

Firstpick is a venture capital firm and accelerator founded by the former team of the Estonian accelerator StartupWiseGuys, which operates in Lithuania. The size of the fund is €20M. The initial ticket starts at €50-€200K. The partners of Firstpick are Jone Vaituleviciute, Marijus Andrijauskas, Andra Bagdonaite. 

Scalewolf invests in companies that have already developed products or services and are looking to improve their products and expand into other markets. The managing partner of the fund is Edvinas Kerza.

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Fintech Monese merges with UK-based company Pockit

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London-based fintech Monese , founded by Estonian entrepreneur Norris Koppel, has merged with UK-based company Pockit . The deal will see Monese's minority shareholder, Estonian Tera Ventures , take a stake in Pockit. In addition, Pockit and London-based VC Puma Growth Partners will invest £15M in the integration of the two fintech companies. Further financial terms of the deal were not disclosed. 
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