Lithuania-based MELP has secured a €635,000 investment from venture capital fund Coinvest Capital and a group of business angels. The company offers a platform that allows companies to manage employee benefits and gives employees access to thousands of goods and services. With the funding, MELP plans to expand its platform’s capabilities, reach new international markets and improve its services for businesses of all sizes. The company’s platform has experienced successful growth in the Baltic countries and is now looking to expand into international markets.
Lithuania’s MELP secures €635K to boost employee well-being platform expansion
![](https://funderlyst.com/wp-content/uploads/2023/09/Navigating-Conflict-in-Venture-Capital.jpg)
Latest from Blog
![](https://funderlyst.com/wp-content/uploads/2023/09/Case-Study_-Airbnbs-Venture-Capital-Journey.jpg)
Unveiling the Secrets: $85M Investment in AI-Crypto Startup Sentient
TLDR: Sentient, an AI-crypto startup, raised $85 million in seed funding, attracting top VCs. The team behind Sentient, led by Sandeep Nailwal and distinguished engineers, impressed investors with their vision of building
![](https://funderlyst.com/wp-content/uploads/2023/09/Stages-of-VC-Funding_-Seed-to-Series-C-and-Beyond.jpg)
Saudi Arabia dominates MENA venture capital investments in first half
TLDR: Saudi Arabia topped MENA for venture capital investment in H1 2024 with about $412 million. E-commerce and retail sales ranked first among sectors in the Kingdom, contributing 52% of the total
![](https://funderlyst.com/wp-content/uploads/2023/09/Stages-of-VC-Funding_-Seed-to-Series-C-and-Beyond.jpg)
Chinese Start-ups Set for Global Success: VC Fund Chief Speaks
TLDR: 01VC, a Shanghai-based venture capital firm, plans to invest $2-3 million in 10 companies with global ambitions over the next two years. Low Chinese valuations and caution among global investors create
![](https://funderlyst.com/wp-content/uploads/2023/09/The-Rise-of-Crowdfunding.jpg)
Flagship Pioneering Secures $36B for 25 New Startups
TLDR: Flagship Pioneering plans to support the creation of 25 new startups in life sciences, sustainability, and artificial intelligence with $3.6 billion in capital. The company aims to lead the AI revolution
![](https://funderlyst.com/wp-content/uploads/2023/09/Navigating-Conflict-in-Venture-Capital.jpg)
Top 28 US AI Startups Raising $100M+ in 2024
TLDR: Key points from the article: TechCrunch is part of the Yahoo family of brands, which includes Yahoo and AOL. When using their sites and apps, Cookies are used for various purposes