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War in Ukraine / May 14-15

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. Expert View: Frank Ledwidge, Senior Lecturer, Faculty of Business & Law, Strategy

New investment firm 7 Wings invests $300k in six Ukrainian startups

At the beginning of April 2022, Ukrainian entrepreneur Denis Dovgopoliy announced the creation of a new investment company for Ukrainian startups. As AIN.Capital found out, on May 16, 7 Wings named the first six projects that received grants of $50,000. 7 Wings

Georgian freight forwarding startup OMOFOX raises $700K pre-seed round

The Tbilisi-based digital freight forwarding startup OMOFOX has raised a $700,000 pre-seed investment. The European venture capital fund Presto Ventures led the round. Founded in 2020 by Kakhaber Kochiashvili, Makho Kituashvili, and Vakho Romanovi, OMOFOX is a full-service digital freight

Warsaw-based insurtech Quantee secures €650K in a seed round

The Polish insurtech startup Quantee has secured a €650,000 (3 million złotych) seed funding round. Nunatak Capital led the round together with FundingBox Deep Tech Fund, MamStartup informs. Founded in 2018 by Dawid Kopczyk and Mateusz Gintrowski, Quantee offers the ActuAI platform that

War in Ukraine / May 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. Molfar publishes an expert view of Michael Clarke, who agreed to present

Tidio, a Polish customer service automation startup, raises $25M in Series B

Poland’s Tidio has raised $25 million in a Series B funding round led by PeakSpan Capital with participation from Inovo Venture Partners and InPost CEO Rafał Brzoska, TechCrunch reports. Founded in 2013 by Marcin Wiktor and Titus Golas, Tidio develops a live-chat platform

“We believe in Ukraine, so we invest in Ukraine”: Lithuanian business invests in Ukraine’s Mebelok

The Lithuanian online furniture store Furniture1.eu has announced an investment in a similar Ukrainian project, the online store Mebelok. Pijus Makarevicius, CEO of Furniture1.eu, wrote about it on Linkedin. This is Furniture1.eu’s first investment in the Ukrainian market. The financial

Grid Dynamics launches operational center in India and is about to hire up to 1,000 engineers 

Grid Dynamics (NASDAQ: GDYN), a digital-native technology services provider, has announced the opening of Grid Dynamics India as part of its ongoing global expansion efforts. Located in Hyderabad, a hub for engineering and business innovation in India, Grid Dynamics’ newest operational center is

Gubbe, a Finnish elder care startup, raises €4M seed from Spintop Ventures and Tesi

Gubbe, an Espoo-based elder care startup, has raised a €4 million late-seed investment. The Swedish venture capital fund Spintop Ventures and the Finnish investment firm Tesi backed the round together with a family office and high-profile angel investors. Founded in 2018

War in Ukraine / May 11

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. The Russian military shot Ukrainians in the back The CNN team managed