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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

Inbalance grid together with Equite invests €1.5M in EV infrastructure development in Lithuania

The Vilnius-based Inbalance grid which offers intelligent electric vehicle charging solutions for businesses and grid operators participated in €1.5 million investment round to install 600 public charging points in Lithuania. The round was led by the Baltic private firm Equite. 

Polish startup SmartyMeet raises €210k in a pre-seed round

Warsaw-based startup SmartyMeet has raised €210,000 (PLN 1 million) in a pre-seed financing round to develop videobot technology called Boe. The LT Capital fund and Amazon Web Services Portfolio provided the funding, My Company Polska reports. “Progressing digitization and the

Czech AI-startup Filuta raises $2.5M in a pre-seed round

The Czech AI-startup Filuta has raised $2.5 million (56 million CZK) in a pre-seed round of financing. It is the largest investment on this stage, the startup claims. “Our technology dramatically accelerates the design of intelligent automation solutions, i.e., a

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.

Estonian startup Co-one secures €640k in a seed round led by Maxis

Tallinn-based startup Co-one has secured €640,000 in a seed round of funding led by Maxis, reaching valuation of €4.2 million. TechOne Venture Capital, Lima Ventures, DOMiNO Ventures, and LEAP Investment also participated in the round to facilitate fast and accurate data annotations for

Yandex developers used racist slurs in the source code and tailored search algorithms for propaganda purposes

On Thursday, January 26, the proprietary source code of Russian giant Yandex has been leaked on an online community called Dumpforums. The company has already confirmed the leak to the Russian media. Meanwhile, several specialists investigated the code and found

Estonian sTARTUp Day 2023 announces a three-day business festival for Baltic startups

sTARTUp Day 2023 was announced last week to apply to sTARTUp Pitching contest with a prize pool of €350,000. The aim is to connect like-minded people and celebrate entrepreneurship.

Projects, VCs, events that shape the Polish startup scene in 2022 — KREATORZY ranking

MamStartup media together with PFR Ventures have prepared the second edition of KREATORZY ranking, where the authors have selected companies, VCs, events, and people that had a significant impact and shaped the Polish startup scene in 2022. The ranking consists