Main - page 257

Twelve Ukrainian IT companies are among the top 100 outsourcing companies in the world

The International Association of Outsourcing Professionals (IAOP) has published its annual list of the world’s best outsourcing companies. It includes twelve Ukrainian IT companies as well as international ones with large development offices in Ukraine. Ukrainian companies in The 2022

Finnish VC Innovestor launches €60M fund to invest in Baltic and Nordic startups

Innovestor, a Finland-based venture capital firm, has launched a new life science & health fund focusing on startups from the Baltic and Nordic regions. The fund has completed the first closing of €60 million and aims to increase its capital

The 15 largest outsourcing companies in Ukraine: 2021’s results

The Ukrainian IT market showed incredible growth in 2021. It was such a big surprise to learn numbers of SoftServe: 70% growth in personnel within a year. So we wrote an article about this. But such a trend appeared to

US links Russian intelligence services to DDoS attacks on Ukrainian websites

The US National Security Council (NSC) stated that the recent DDoS attacks on the Ukrainian government and bank websites were carried out by the Russian intelligence services, namely the Main Intelligence Directorate of the General Staff of the Armed Forces

Polish fintech startup Altera raises $376K from CofounderZone Fund

Altera, a startup from Bydgoszcz that develops a financial and accounting app, has raised a $376,000 (1.5 million zloty) seed investment from CofoundedZone VC fund and four angel investors, Fintek reports. Altera offers a B2B SaaS application that helps users

Ukrainian startup S.Lab secures €80k from Startup Wise Guys

S. Lab, a Ukrainian manufacturer of biodegradable packaging and decorations made of hemp and mycelium, has raised €80,000 from the Startup Wise Guys accelerator as part of the Wise Guys Sustainability program. Funding details About S.Lab The startup was founded

Helsinki-based Videoly nabs €6M for European expansion

Videoly, a product video management solution from Finland, has raised a €6 million Series A funding to support its expansion into Europe. Swedish VC Alfven & Didrikson led the round, Tech Funding News reports. Founded in 2014 by Nora Huovila

Wix evacuates its Ukrainian staff

Israel’s IT company Wix has evacuated about 1,000 of its employees and their families from Ukraine amid the escalating military threat from the Russian Federation, reported by Global.co.il. According to the media, the Ukrainians were temporarily evacuated to Turkey for

Finland’s Relex Solutions raises €500M from Blackstone Growth

Relex Solutions, a Finland-based supply chain automation and optimization platform, has raised €500 million in a new funding round. Blackstone Growth led the investment, which will help Relex add hundreds of new employees, Tech.eu reports. Relex Solutions was founded in

Ukraine passes law on virtual assets: what does it mean for crypto companies and investors

The Verkhovna Rada passed Law No. 3637, “On Virtual Assets,” after President Volodymyr Zelenskyy returned it to the parliament with amendments. As a result, the National Securities and Stock Market Commission will regulate the virtual asset market. What does the law