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Ukrainian greentech startup Releaf Paper receives €2.5M grant from the EU

Kyiv-based manufacturer of sustainable paper products made by fallen leaves Releaf Paper has received €2.5 million as a champion of EIC’s accelerator program. This funding will go to delivering a €3.5 million initial phase of a new pilot production line

Why it is High Time to Hire Ukrainian Developers

Large enterprises closed their Ukrainian offices all around the country due to the war and laid off thousands of Ukrainians. Despite having lost their jobs and suffered from a great deal of stress, software developers are more motivated than ever.

Austrian medtech startup Flinn receives €1.8M in a pre-seed round

Vienna-based medical device compliance startup Flinn has received €1.8 million in a pre-seed round to automate work processes in medtech and the pharmaceutical industry. The round was co-led by Speedinvest and SquareOne. “We are here to stay and won’t leave

The making of KYIV RYSING

While Kyiv was under attack and in danger of falling in late February, Nicolai Kiskalt, the charismatic CEO of Kyiv Consulting was a man on a mission. Vladimir Putin had invaded Ukraine, and everything Kiskalt and his team of 130-strong

Luxoft opens two new offices in Romania

The tech company Luxoft announced the opening of two new offices in Romania. They are located in the cities Iași and Cluj-Napoca. “Our luxofters from Iași and Cluj can now enjoy the benefits of a truly flexible workplace that perfectly

Ukraine-founded Altris AI raises ＄1M from Russian Runa Capital

Altris AI, a startup founded in Ukraine, developing an AI platform for ophthalmologists, has raised $1 million, Siliсonсanals reports. The round was led by the Russian fund Runa Capital. Other investors include Artesian, Joint Journey, Brinc Limited, Farmak, Chicago Booth Angels, and

Key Trends of the Baltic Startup Ecosystem in 2022 — FIRSTPICK

Even though this year has been slower than the record 2021, the Baltic startup ecosystem in 2022 is getting a lot of attention. The Baltic VC fund FIRSTPICK made an overview of the most important trends in the region this

Ukrainian funds TA Ventures and Hypra invest $5M in Utorg, an Estonian crypto startup

Ukrainian funds TA Ventures and Hypra, together with iClub invested in the Estonian crypto startup Utorg during its $5 million round. The seed round was led by Dragonfly, The Block reports. “Utorg will provide banking services as well as standard services from the Web3 world:

Czech hospitality technology company Mews raises ＄185M in Series C

Prague-based hotel management software provider Mews has raised ＄185 million in a Series C round of funding to accelerate product development. The round was co-led by Kinnevik and Goldman Sachs Asset Management. “Hoteliers have experienced a lot of challenges over

Ukrainian Jarvi Games raised ＄3M in funding… From a Russian fund

Ukrainian game development studio Jarvi Games raised ＄3M to finance its open-world mobile game Vice Online. The round was led by Play Ventures with participation from Velo Partners and The Games Fund, Venture Beat reports. The editorial office of AIN.Capital