Main - page 130

Edible Brands has dismissed more than 50 Ukrainian employees with no final payoffs

The US company Edible Arrangements (Edible Brands) fires more than 50 employees of the Ukrainian team back in November 2022 without any warning, according to the developer Pavlo Buidenkov. He noted that the company still has not settled with its

Apple distributor in Ukraine, Asbis, sanctioned for its work in Russia

The international company Asbis distributes hardware and software from such brands as Apple, Intel, Nvidia, Samsung, AMD, etc. Asbis was the only official Apple distributor in Ukraine until recently. Its turnover amounts to billions of dollars. At the start of

Ukrainian aviation startup InputSoft raises $250k. SID Venture Partners is among the investors

InputSoft, a startup that provides web-based software solutions for the aviation industry, has raised $250,000 from Ukrainian VC fund SID Venture Partners, Sigma Software Labs, and Torino Cities of the Future Techstars Accelerator. According to the AIN.Capital information, the round hasn’t

Estonian startup Spacedrip raises €1.5M to build water treatment robots

Estonian startup Spacedrip has raised €1.5 million in fresh funding to develop water treatment robot technology. The tech can purify domestic wastewater back to clean reusable water. Spacedrip will use the funds for product development and expansion into foreign markets,

Latvian Adventum Tech wins the Fifty Founders Battle at TechChill 2023

The annual TechChill pitch competition called Fifty Founders Battle has announced the winner of this year, 2023. Codigy, Sisko, Green Growth, ZENOO, and Adventum Tech were the five finalists, with Adventum Tech taking the winning prize of €11,000 and up to €50,000 from Buildit Accelerator.

Startup of the Day: Supply.do, Сzech supply chain management provider

Supply.do was established in 2022 by David Klimek in Zlin. The startup develops all-in-one supply chain solutions, specializing in printing services, as well as packaging, catalogs, direct mail, POS, and helping deliver pharmacy, electronics, cosmetics, and automotive products. Its services

SMRK writes off its investment in Seadora — it stalled in Ukraine due to the war

Seafood delivery startup Seadora, which has been operating in Kyiv since October 2019, was forced to halt its operations in Ukraine due to the full-scale invasion. The launch in new markets did not give the desired results for the main

Polish biotech Genomtec raises €2.9M from share issue

The Wroclaw-based Genomtec, a technology company operating in the field of clinical diagnostics, has raised €2.9 million round of funding from the issue of 1,637,000 shares. The investment will allow developing and certificating the Genomtec ID diagnostic platform.

Sulapac, Finnish startup raises financing for its bio-based material innovation 

The Helsinki-based Sulapac, that develops a fully biodegradable and microplastic free material made of renewable and sustainable raw materials, has raised an undisclosed amount of investment from Nefco. The company plans to further strengthens the sustainability of its business operations.

Estonian startup Elmo raises €2.6M to develop remote EV technology

Tallinn-based startup Elmo has raised €2.6 million in a fresh funding round to develop remotely controlled electric vehicle technology. Highgoal Capital Management, FlyCap, Barolo Invest, and SAGGIS provided the funds. “It is a great recognition to the current work of