Countries - page 82

Room 8 Studio’s games dev and trailer production units to branch out

The Ukrainian external art provider Room 8 Studio has announced a business structure upgrade. Within the next six months, at least two business entities will branch out from the studio, focusing on mobile game development and trailer production. “The upcoming

Estonian startup Bitskout raises €500k in pre-seed from SMOK

The Tallinn-based data automation startup Bitskout has raised €500,000 in a pre-seed funding round led by SMOK Ventures. The Portugal-based VC firm Shilling and London-based VC firm Octopus Ventures also participated. Founded in 2020 by Alexey Zelenkin and Ilia Zelenkin, Bitskout develops

Estonian startup Solarstone secures €10M to develop solar roofing

The Estonian-based startup Solarstone has secured a €10 million investment in a Series A round. Biofuel, an Estonian asset management company, led the round to develop solar roofing. Founded in 2015 by Mait Kukk, Mattis Jürimäe, and Silver Aednik, Solarstone

Polish VC market report: €192M over 93 investments in Q2 2022

The Polish funds PFR Ventures and Inovo Venture Partners have prepared a quarterly report summarizing transactions in the Polish venture capital market in the Q2 of 2022. AIN.Capital shares the most interesting insights.  The report’s data shows that between April and

Ciklum opens new delivery center in Romania

The tech company Ciklum has announced the establishment of a new delivery hub in Romania to continue boosting local development centers and professional communities in the CEE region, as reported by AIN.Capital. The delivery hub in Romania was built upon the

Estonian startup Yera raises €535k for its employee engagement tool

Yera, an Estonia-based developer of an all-in-one engagement and rewards solution for work teams worldwide, has raised a €535,000 seed funding led by Specialist VC. Veriff founder Kaarel Kotkas also participated in the round, as Yera’s press office told AIN.Capital.

“Be Brave Like Ukraine”: free online course about Ukraine, its history, and culture

The online university Choice31, in cooperation with the Ministry of Digital Transformation of Ukraine, creative agency Banda, and experts in history, culture, theology, business, and political science, has developed the interactive course “Be Brave Like Ukraine.” It is about how Ukrainian identity

Lithuania, Poland, Norway, and Canada: fundraising campaign to buy Bayraktar for Ukraine

Partner countries and people from all over the world continue strongly support Ukraine in the unprovoked war started by Russia. One of the examples of solidarity is the nationwide fundraising campaigns to buy Bayraktar TB2 drones for the Ukrainian Armed

Finnish agritech startup Arctic Farming raises €150k seed

The Espoo-based agritech startup Arctic Farming has raised €150,000 in a seed round to get its vertical farming technology to the market. The startup will be able to produce fresh herbs and leafy greens anywhere at any time, significantly reducing

Ukrainian business prospects abroad: the case of ride-hailing service Uklon

In the first months of Russia’s full-scale war against Ukraine, orders of the Ukrainian ride-hailing service Uklon dropped by 80-90%, as Dmytro Dubrovskyi, CEO & co-founder of the company, states. Before the Russian invasion, one of the Uklon development directions was