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21.02.22

Countries
Poland

GlobalLogic opens a 1,000-person office in Wrocław

The international IT company GlobalLogic has opened a new development center in Wrocław. The office opening in Poland will allow GlobalLogic to expand its presence in the European region and facilitate the exchange of experiences between Ukrainian and Polish colleagues.

21.02.22

Countries
Ukraine

Twelve Ukrainian IT companies are among the top 100 outsourcing companies in the world

The International Association of Outsourcing Professionals (IAOP) has published its annual list of the world’s best outsourcing companies. It includes twelve Ukrainian IT companies as well as international ones with large development offices in Ukraine. Ukrainian companies in The 2022

21.02.22

Countries
Finland

Finnish VC Innovestor launches €60M fund to invest in Baltic and Nordic startups

Innovestor, a Finland-based venture capital firm, has launched a new life science & health fund focusing on startups from the Baltic and Nordic regions. The fund has completed the first closing of €60 million and aims to increase its capital

18.02.22

Countries
Finland

Helsinki-based Videoly nabs €6M for European expansion

Videoly, a product video management solution from Finland, has raised a €6 million Series A funding to support its expansion into Europe. Swedish VC Alfven & Didrikson led the round, Tech Funding News reports. Founded in 2014 by Nora Huovila

18.02.22

Countries
Finland

Finland’s Relex Solutions raises €500M from Blackstone Growth

Relex Solutions, a Finland-based supply chain automation and optimization platform, has raised €500 million in a new funding round. Blackstone Growth led the investment, which will help Relex add hundreds of new employees, Tech.eu reports. Relex Solutions was founded in

17.02.22

Countries
Ukraine

Ukrainian founder transfers 58% of Firefly for $1 to his partner due to pressure from US regulators. The stake is worth $500M

The Ukrainian entrepreneur Max Polyakov has announced on his Facebook page the transfer of his stake in the company Firefly Aerospace for $1. According to Polyakov, he owned 58% of the company. Co-founder Thomas Markusic will receive all of the

16.02.22

Countries
Finland

Finland-based iPhone refurbisher Swappie raises $124M Series C to scale in Europe

Swappie, a Finnish company that refurbishes and resells used iPhones on its own marketplace, has raised a $124 million (€108 million) investment. Norwegian equity firm Verdane led the Series C round, TechCrunch reports. Founded in 2016 by Emma Heinonen and Sami

16.02.22

Countries
Finland

Finnish startup Return Entertainment raises €5.3M for cloud-native gaming

Return Entertainment, a Finland-based gaming startup, has raised a €5.3 million round. The company develops cloud technology to transform the gaming industry, EU-Startups reports. The company was founded in 2019 by seven industry veterans. Among them are CEO Antti Sartanen,

11.02.22

Countries
Estonia

Estonian startup EyeVi Technologies closes $2M seed round for mapping technology

Estonia-based EyeVi Technologies has raise $2 million in a seed round for its mapping technology. ff Venture Capital led the round, ArcticStartup reports. Founded in 2020 by Gaspar Anton, EyeVi develops an AI-powered platform for geospatial data production, as well

11.02.22

Countries
Estonia

Estonian Specialist VC opens new €50M fund to support Baltic, Finnish, Ukrainian, and Belarusian startups

The Tallinn-based tech investor Specialist VC has announced the first close of a new €50 million fund at €42 million. The Specialist VC Fund II has been backed by the founders of Bolt, Veriff, and Vinted, Tech.eu reports.

10.02.22

Countries
Estonia

Estonian agtech startup eAgronom closes €6.4M Series A round

eAgronom, an Estonian farm management software developer, has raised a total of €6.4 million in a Series A funding round to tackle the problem of carbon footprint in farming. The lead investors are Yolo Investments and ZGI Capital, EU-Startups reports.