Rostyslav Sobachynskyi

Grammarly is laying off 230 team members, 37 are in Ukraine

Grammarly, a Ukraine-founded platform for improving written English, has announced the layoff of about 230 team members worldwide, 37 of which are in Ukraine. The company told AIN.Capital the details. The layoffs come as part of Grammarly’s business restructuring to

Ciklum, an IT company with roots in Ukraine, acquires Infogen, an American developer of digital solutions

Ciklum, a global outsourcing IT company with roots in Ukraine and large offices in Poland, has announced the acquisition of Infogen, an American developer of digital solutions. The company told AIN.Capital the details via the press relase.

Ukraine’s Projector launches Lezo.io, a career-dedicated AI product

Projector Institute, one of the largest educational institutions in the field of creative and tech professions in Ukraine, has launched Lezo.io, a career-dedicated AI product. The company told AIN.Capital the news via press-release. During the year of beta testing, Lezo.io

Finnish startup Reveel raises €650K in a pre-seed round from Inventure VC

Reveel, a Helsinki-based traveltech startup, has raised €650,000 in a pre-seed funding round to solve the future of tourism together with destinations worldwide. Inventure VC and business angels from Finland participated in the round as investors. We couldn’t be happier

Ukrainian company Petcube introduces a GPS tracker for pets

Ukrainian product company Petcube has presented its first GPS tracker for pets. Andriy Klen, co-founder and design director at Petcube, shared the news in his Facebook. With the new device, Petcube is evolving beyond cameras and continues to build a

RKKVC and Level2 Ventures join a $12M round for Sea Machines Robotics

Sea Machines Robotics, a US-based autonomous marine vessels company, has raised a $12 million investment led by Emerald Technology Ventures, Nabtesco with the participation of Chevron Technology Ventures. The round was also joined by two VC firms from the CEE region, RKKVC and

Lithuanian edtech Leya AI raises €1M in a pre-seed funding

Vilnius-based edtech startup Leya AI has raised €1 million in a pre-seed funding round to revolutionize language learning through an affordable real-time speaking AI Tutor. The investors included V-Sharp Venture Studio, Inventure, BADideas.fund, and several angel investors. About Leya AI With Leya

“We are preparing a new fund in 2024, sized between €12-15M.” Interview with Jan Kasper from ZAKA VC

Over it’s fourth investment year, 2023, ZAKA VC has made 20 new investments in pre-seed and seed startups across the DACH and Baltic regions, as well as in the UK and expats in the US. The year brought a total

Apple announces changes to iOS, Safari, and the App Store in the European Union

Apple has announced major changes to iOS, Safari, and the App Store impacting developers’ apps in the European Union (EU). The main news is the allowance for alternative stores on iOS, breaking the App Store’s monopoly on the distribution of