Countries - page 63

Estonian cybersecurity startup RangeForce secures ＄18.5M

Estonia-founded cybersecurity startup RangeForce has raised $18.5 million in fresh funding from undisclosed investors. The round was closed back in December 2022 to deal with the shortage of cybersecurity professionals, Invest in Estonian informs. “RangeForce is proof that success is

“I couldn’t believe it!” Ukrainian Maryana Lukinyuk part of mass layoff by Google

The Ukrainian Maryana Lukinyuk was one of the employees affected by the largest layoffs in Google’s history. Maryana worked at Google under contract through an agency and found out about her dismissal when, one day, she unexpectedly lost access to internal systems.

Finnish Maki Ventures co-leads €3.4M seed round for Ever Dye, a French deeptech

Helsinki-based venture capital firm Maki Ventures has co-led a €3.4 million seed round for French deeptech startup Ever Dye, together with Asterion Ventures. Entrepreneur First also joined the funding, ArcticStartup reports.

Ukraine’s Antonov AN-225 Mriya aircraft will be featured in Microsoft Flight Simulator

A model of the Ukrainian AN-225 Mriya aircraft will be added to the popular game Microsoft Flight Simulator. The only real copy of Mriya was destroyed during the attack of the Russian occupying forces on the Hostomel airport. Antonov company

Ukrainian company Intellias opens a development center in India

Ukrainian IT company Intellias has announced the opening of a new development center in Pune, India. The company also plans to hire about 100 IT specialists in Java, Scala, .Net, C++, and other technologies. The company announced this on its

Estonian EV charging VOOL secures €1.7M in a seed round

Tallinn-based electric vehicle charging solution VOOL has secured €1.7 million in its latest seed funding round. Specialist VC is the lead investor. Several other influential investors, including the former President of Estonia Kersti Kaljulaid, also joined in the round, Invest

Astound Commerce lays off 15% of the team. This also affects offices in Ukraine

The IT company Astound Commerce, which has many development centers in Ukraine, is undergoing layoffs. As the company informed AIN.Capital, these will cover about 15% of the company’s employees both in Ukraine and in other countries where Astound Commerce is

Ukrainian IT industry brought $7.34B from exports to the economy

As the results of 2022 show, the IT industry provided export earnings to the Ukrainian economy in the amount of $7.34 billion. The volume of exports increased by $400 million compared to the pre-war year 2021, IT Ukraine reports. As

Romanian venture report 2022: 73 transactions and €101.7M in total funding

Despite the economic turmoil, Romanian startups hovered over the global tech scene starting with the second half of 2022. The volume of deals nearly reached the previous year’s record — €101.7 million, compared to €116.9 million in 2021. This supports

Estonian startup Pointship receives funding from Startup Wise Guys

Pointship, an Estonia-based startup, has received an undisclosed investment from Startup Wise Guys, an Estonian B2B startup accelerator. The startup offers the opportunity to turn all kinds of digital assets into NFTs.