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#RussiaIsATerroristState: What one of the most popular hashtags on Twitter and Instagram is about?

“Russian Federation — a terrorist state. RF — the most disgusting war,” Mykhailo Podolyak, Adviser to the Head of the Office of President of Ukraine, tweeted on July 27 and put a #RussiaIsATerroristState hashtag. That day, to be more precise,

Lithuanian Elinta Charge raises €7M for its charging solutions

The Kaunas-based manufacturer of electric vehicle charging stations, Elinta Charge, has raised a €7 million investment. The Polish AVIA Capital and Lithuanian fund LitCapital joined the round, MamStartup reports. Starting in early 2011, Elinta has been developing the electromobility market by producing

Polish HR tech startup Staffly raises €415k from Freya Capital

The Warsaw-based HR technology startup Staffly has raised around €415,000 in funding to make the process of recruitment faster. Freya Capital and ProtosNext led the round, MamStartup reports. Founded in 2020 by Filip Sobel, Staffly uses proprietary psychometric tests and

War in Ukraine / July 13

The Molfar team sends a daily newsletter about the war in Ukraine. The editorial staff of AIN.Capital publishes the full version of the digest. You can subscribe to the newsletter here. Day 141: Tragedy in Vinnytsia — more than 20 victims On July

DataArt raises $75M from the American FTV Capital

DataArt, one of the largest IT outsourcing companies in Ukraine, has raised $75 million from the American investment firm FTV Capital which became its minority stakeholder, Ukrainian media writes. The companies have not disclosed the post-money valuation.  The agreement was signed

Estonian-founded fintech Lightyear closes $25M round backed by Virgin Group

Estonia and UK-based investment app Lightyear has closed a $25 million Series A equity round led by Lightspeed Venture Partners and backed by Richard Branson’s Virgin Group. The company’s seed investors Mosaic Ventures, Taavet+Sten, and Metaplanet also participated in the round, alongside

Ukraine’s YouScan raises a $2M round

The Ukrainian company YouScan, which develops social media monitoring software, has raised a $2 million round from its existing investors Kinnevik & VNV Global AB, as announced by the company’s CEO Alex Orap. “Kudos to our fantastic team – your

How Poland’s fyrtel.market democratizes e-grocery. Interview with startup’s co-founder

The e-commerce startup fyrtel.market develops a marketplace for easy online shopping from local retailers. The platform has already connected over 200 local stores in three Polish cities and doesn’t plan to stop. Last month, the startup raised €850,000 for further scaling in

War in Ukraine / July 12

The Molfar team sends a daily newsletter about the war in Ukraine. The editorial staff of AIN.Capital publishes the full version of the digest. You can subscribe to the newsletter here. Day 140: The question of the day: will it be possible to

Ukrainian edTech platform Preply raises $50M

The Ukrainian edTech company Preply has raised $50 million in Series C funding. Thus, since its launch in 2012, the company has raised over $100 million in total, AIN.Capital reports.  Details of the deal The round was led by Owl Ventures, with participation from