Main - page 159

Compensations fully paid: Details of layoffs at Astound Commerce

As AIN.Capital has been informed, Astound Commerce now faces a significant personnel reduction. The tech company stated it would affect less than 15 percent of its global staff. According to AIN.Capital’s sources, who are familiar with the current situation, actual numbers are higher. Who was

Hungarian anti-fraud company SEON acquires Complytron, AML/KYC screening tools provider

The Budapest-based SEON, the developer of an anti-fraud platform, has acquired compliance and AML specialist firm, Complytron. The terms of the deal are not officially disclosed. According to TechCrunch estimate, the amount of the deal is €2.5 million.  “Less than

Estonian medtech Nanordica Medical raises €375k in a seed round

Tallinn-based medtech startup Nanordica Medical has raised €375,000 in an oversubscribed seed funding round. Estonian health and startup investors including Erki Mölder, Heidi Kakko, and Martin Goroško led the round, ArcticStartup reports. “Our solution provides 8 times more effective infection treatment compared to

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.

Polish NapiFeryn BioTech receives €2.5M from Dutch Icos Capital 

The Lodz-based startup NapiFeryn, creator of technology for obtaining rapeseed protein from side-streams of oil pressing, has announced the receiving of €2.5 million investment. The round was led by Icos Capital and joined by a Polish family office.

Lithuanian Contrarian VC joins $15M round for Norwegian climatetech CHOOOSE  

The Oslo-based CHOOOSE, a company that delivers a software platform enabling enterprises to integrate climate action, has raised $15 million funding round. The investment was co-led by climate tech-focused investors from Singapore and the US. Lithuanian Contrarian VC also participated.

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