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Romanian startup Cyscale secures $410K

Cluj-Napoca-based Cyscale, the first Cloud Management, Security and Compliance company, has raised $410K in a pre-seed round. The funding came from investors SeedBlink and GapMinder VC. The funds will be invested over the next 12 months in the development of

Tax on Facebook: a bill on 20% VAT on online services of foreign companies introduced in the Verkhovna Rada

On October 2, 2020, a bill No. 4184 regarding imposing VAT (20% tax) on digital services delivered by foreign companies was introduced in the Verkhovna Rada. It will affect most of the foreign services used by Ukrainians, such as Facebook,

Profile: Voima Ventures — Finnish deep tech VC Fund

AIN.TECH conducted a series of interviews with the most active Finnish VC funds. It is aimed to give the startups full information about the ecosystem of the country, as well as to make it easier for them to find the

Ukrainian startup Carbominer raises funding from SMRK

A Ukrainian project, Carbominer, has raised a seed investment from a Ukrainian SMRK VC Fund. The company does not disclose its valuation and the amount of funding raised. The news reported to AIN.UA by representatives of the fund. About the

Profile: SMOK Ventures — Polish VC Fund

AIN.TECH conducted a series of interviews with the most active Polish VC funds. It is aimed to give the startups full information about the ecosystem of the country, as well as to make it easier for them to find the

Genesis Investments invests $150k in American tech media, Hacker Noon

Genesis Investments, a Ukrainian venture capital firm, has invested $150,000 in Hacker Noon, an American media website, focusing on technologies, startups, and artificial intelligence. The news was reported to AIN.UA by the Genesis Investments team. It is the first investment

Xbox services officially launch in Ukraine

Microsoft has signed a memorandum with the government of Ukraine on the development of the Ukrainian IT industry. One of its points: the official launch of the game console Xbox and its services. Now players from Ukraine can buy a

Polish startup HomeDoctor attracts €3.7M

According to EU-startups, healthtech company HomeDoctor has closed a €3.7 million Series A round led by Cogito Capital Partners. Warsaw and Amsterdam-based startup HomeDoctor is a digital healthcare provider of online medical consultations and healthcare services to patients’ home that

Microsoft to invest $500M in the Ukrainian market and to build two data centers in Ukraine

On October 2, Microsoft signed a memorandum of cooperation with the Ukrainian government, represented by the Ministry of Digital Transformation. Under its terms, the company will invest about $500 million in the development of cloud services in the Ukrainian market

Profile: YouNick Mint — Polish VC Fund

AIN.TECH conducted a series of interviews with the most active Polish VC funds. It is aimed to give the startups full information about the ecosystem of the country, as well as to make it easier for them to find the