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US-Ukrainian startup Very Good Security raises $60M Series C

Very Good Security, which specializes in cybersecurity and compliance, has raised $60 million in Series C funding led by Vertex Ventures US with participation from existing investors, including Goldman Sachs (GS Growth) and Andreessen Horowitz (a16z). The news was reported

Munich startup Usercentrics closes a €17M Series B round

Usercentrics has secured €17 million in a Series B financing round led by the US growth equity firm Full In Partners. Existing investors Alstin Capital, Reimann Investors, and Cavalry Ventures joined the round, the company announced in its press release.

68 Ukrainian companies included in the ranking of the world’s best IT outsourcing companies

The US research company Clutch has published the current top 1,000 of the best b2b service providers in the IT field. The ranking is published every year. This year, it includes less than 1% of all companies represented in the

Digital coaching platform CoachHub lands €25M for the further growth

CoachHub has raised €25 million bringing the total funds raised to more than €40 million. Investors include Draper Esprit and previous ones HV Capital, Partech, Speedinvest, signals Venture Capital, and RTP Global, EU-Startups reports. Berlin-based startup CoachHub is the digital

Berlin’s cargo.one raises $42M to support its expansion in North America and Asia

cargo.one, the German digital booking platform for air cargo, announced closing a $42 million Series B round six months after it had raised $18 million investment. This time the round was led by Bessemer Venture Partners, and joined by existing

Grid Dynamics acquires Daxx with offices in Ukraine

Grid Dynamics (its shares are listed on NASDAQ) acquires a Netherlands-based technology company Daxx. Both companies have offices in Ukraine, the latter is one of the top 50 IT companies in Ukraine according to DOU. The press service of Grid

Edtech Brainly lands $80M for its global online learning platform

Polish startup Brainly has raised $80 million in Series D investment round, bringing its total funding up to $150 million. Previous investors Learn Capital, Prosus Ventures, Runa Capital, MantaRay and General Catalyst Partners participated in the round, TechCrunch reports. Founded in

Franchising retailer Edible Arrangements opens R&D office in Ukraine

Edible Arrangements, a business that creates treats and fruit bouquets from natural ingredients, has announced the opening of an R&D office in Ukraine, to be called Edible Innovations Hub. According to the company’s press office, Edible Innovations Hub will provide

US company Onit acquires AXDRAFT, a Ukrainian legal tech startup

AXDRAFT, a Ukrainian legal technology startup, has been acquired by Onit, an international provider of Enterprise Legal Management solutions. Yuri Zaremba, co-founder and CEO of AXDRAFT, reported the news to AIN.UA. After the acquisition, he will remain at the startup

Polish startup Nevomo raises funds for the construction of a test track for magnetic levitation railway

Nevomo, which was called Hyper Poland until October 2020, has received fundings from the Hütter Private Equity, a fund owned by the creator of the Gemini Pharmacy chain Piotr Hütter. The company does not disclose a specific amount, but as