Countries - page 25

Quantum Systems prepares to open R&D center in Ukraine

The German UAVs manufacturer Quantum Systems is creating a separate R&D center in Ukraine and plans to hire specialists there, DOU reports with reference to Country Chief Operational Officer of the company Oleksandr Berezhnyi. In late October, 2023, Quantum Systems

How does YouTube help spread pro-Russian propaganda in Poland — study

The risk of disinformation on YouTube in Poland is rather low compared to Ukraine, however there are still gray areas and vulnerabilities within the platform itself. Texty.org.ua has conducted the study which reveals that people in Poland watch YouTube primarily for

Estonian startup Salv raises €3.9M in a new funding round

Tallinn-based regtech startup Salv has announced that it raised an additional €3.9 million in a new funding round, bringing a total of €12.1 million in obtained investments to fuel its UK expansion. “Currently, the UK market is experiencing a sharp

Vienna-based HYDROGRID closes $8.5M round to develop its solution of renewable energy

Austrian HYDROGRID, has announced the closing $8.5 million in a Series A funding to accelerate the international expansion. The round was co-led by Inven Capital and Karma Ventures. “Despite the important role hydropower has to play as a green battery to the grid, hydro

Estonian Arbonics secures €5.5M to scale its forest-carbon removal platform

Tallinn-based Arbonics, the naturetech startup, has secured a €5.5 million in a seed investment from NordicNinja, Plural, and Tilia Impact Ventures. The investment will allow Arbonics to continue scaling its climate change solution. “With this recent funding we’re poised to

Ukrainian IT export revenue can reach up to $7.18B in 2023 — IT Research Ukraine

There are around Ukrainian 307,6k IT specialists, with nearly 242 thousand currently located in Ukraine. In general, Ukrainian IT industry provides for 4.9% of the country’s GDP, according IT Research Ukraine. Lviv IT Cluster conducted and shared the report with

Estonian-based Woola raises €2.5M in funding

Woola, an Estonian company that makes protective wool packing, has announced the raising of €2.5 million. The investment led by Metaplanet, joined by Future Ventures and Lemonade Stand. ““We founded Woola to help stop the use of fossil fuels. We

Innovestor launches €30M angel co-fund to support Finnish startups

Helsinki-based early-stage fund Innovestor in collaboration with Business Finland Venture Capital, has announced the launch of €30 million VC fund Kanssasijoitusrahasto. The fund is dedicated to seeding the growth of Finnish startups in collaboration with angel investor groups.  “Especially in today’s

Estonian startup Ecobase raises €2.5M in a Seed round

Ecobase, an Estonian reforestation startup, has raised €2.5 million in a seed funding round. With the help of the additional financing, the startup’s pan-European afforestation/reforestation (ARR) program will grow, Startup Rise reports. “Ecobase encourages the creation of native, mixed forests

Estonian startup Inspectle Food raises €400k to streamline food inspections

Tallinn-based startup Inspectle Food has raised €400,000 in Pre-Seed funding led by Change Ventures, with the participation from Firstpick and Heartfelt_. The company streamlines food inspections, reduces costs and waste, and ensures safer food for consumers, Tech.eu reports. Who invested