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Ukrainian authorities seize unencrypted Windscribe VPN servers

On June 24, 2021, Windscribe reported that two of its VPN servers in Ukraine, which were running OpenVPN, were seized by Ukrainian authorities. The reasons for the confiscation of the servers are not yet known. The main problem is that

TA Ventures and ICLUB exit Spanish mobility startup Bipi

TA Ventures, an early-stage venture capital firm, and ICLUB, a private investors club, have successfully exited Spanish car subscription startup Bipi, as reported to AIN.UA by TA Ventures. The exit is a result of the acquisition of Bipi by RCI

Ukrainian NIXOID Lab raises over $364k for tube wristwatches

On July 21, 2021, the Ukrainian startup NIXOID Lab completed a campaign on Kickstarter, during which it raised money for its product — a tube wristwatch. In total, 922 backers supported the project. They pledged $364,207 to the team, while

Kazakhstan-based Kaspi.kz acquires 100% of Ukraine’s Portmone Group

As AIN.UA has learned, the Ukrainian service Portmone Group is being sold to the Kazakh company Kaspi.kz. The editor of AIN.UA tells the currently known details of the deal. Portmone is a Ukrainian interbank payment system, one of the largest

InSoft Partners acquires a 25% stake in Cloudfresh with an estimated annual revenue of $14M

The investment management company InSoft Partners has completed the acquisition of a 25% stake in Cloudfresh. InSoft Partners has bought 15% and its syndicate partner Belkins – another 10%. AIN.UA journalist reports on the details of the deal. The parties did not disclose

NaVi moves the Dota 2 roster to the inactive list after unsatisfying performance

After the poor performance in The International 10 qualifiers, the esports club NaVi transferred its Dota 2 roster to the inactive list. According to the club’s COO Aleksey Kucherov, roster members will remain in the organization but will not play

Ukraine imposes sanctions against the Russian online store Wildberries and its founders

On July 23, the website of the President of Ukraine published documents on the imposition of new sanctions against several citizens of the Russian Federation – Tatyana and Vladislav Bakalchuk. Tatyana Bakalchuk and her husband Vladislav Bakalchuk are the founders

TA Ventures and ICLUB invest in Belarus-based startup VOCHI

Venture capital firm TA Ventures and private investors club ICLUB have invested in Belarus-based startup VOCHI, as the VC firm reported to AIN.UA. The company develops a video editing app that uses computer vision in its technology. VOCHI raised $2,4

Ukraine to get its first national esports team

On 21 July 2021, the Ministry of Youth and Sports granted the Ukrainian Esports Federation national status, as stated in decree No. 2561 (not yet published on the website of the Ministry). This status will give the UESF the authority

SoftServe breaks through the 10,000 employee mark

SoftServe, one of Ukraine’s largest IT companies, has announced that it has crossed the 10,000-employee mark. The news was reported to AIN.UA by the company. Since the beginning of 2021, the company has increased its staff by 26%, hiring 2,820