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Finnish startup Varjo receives $54 million Series C funding

Helsinki-based Varjo, an advanced industrial-grade VR/XR, has closed a Series C round worth about $54 million. The investors in this round include existing investors Lifeline Ventures, Atomico, EQT Ventures, and Volvo Cars Tech Fund as well as the new ones,

Romanian startup Innoship raises $650K as seed investment

Bucharest-based Innoship, the developer of the Saas solution, has announced a Seed investment from GapMinder VC worth $650K. This comes just six months after the launch, driven by the effective rate of adoption of the solution on the market. Into

Romanian startup Neurolabs completes $1.1 million funding round

Neurolabs, an early-stage Computer Vision startup, has completed a $1.1  million pre-seed funding round led by Lunar Ventures and Techstart Ventures alongside with participation from 7percent Ventures, ID4 Ventures, Charles Songhurst, and Andreas Wiese. Neurolabs has raised a total of

Hungarian-based startup Barion secures $2.3 million to expand internationally

Barion Payment, a leading Hungarian fintech startup, has landed $2.3 million in Series B funding round. The round was led by European private equity firm Financial Services Capital. Barion Payment has raised a total of $5.3 million in funding over

Hungarian-based Green Fox Academy raises $1.5 million

Green Fox Academy, a school in Budapest and Prague, has raised around $1.5 million from Impact Ventures. They have received a total of $1.6 million in funding over two rounds. The investor in this round, Impact Ventures, is a Berlin-based

Edtech startup AWSM Bank attracts $150k

Founded by Kazakhstani Alibek Zhunisbayev, full-service banking for teenagers AWSM Bank has raised $150,000 from 500 Startups in the frames of the agreement with QazTech Ventures, reports Kapital. AWSM Bank is an edtech company that develops online-banking for teens. The

Top 50 IT companies in Ukraine. SoftServe, Luxoft, and Ciklum show staff reductions

DOU has published an actual ranking of the largest tech companies in Ukraine by the number of employees. It showed a lot of anti-records: in the top five leaders, analysts recorded not a growth, but a staff reduction. In general,

Israeli-founded startup Gong raises $200M

Revenue intelligence company for sales teams Gong announced the completion of $200 million Series D financing round, pushing its valuation to $2.2 billion. The US hedge fund Coatue was the leading investor. Index Ventures, Salesforce Ventures, Thrive Capital and existing

Three tech companies with offices in Ukraine among the TOP 5,000 best U.S. businesses according to Inc.

Three companies with offices in Ukraine were included in Inc. 5000 2020, an annual ranking of the private companies with the most proven track records. The ranking was prepared by Inc., an American business magazine. Who got listed Innovecs (1,992),

Ukrainian Awesomic raises round from European investors, having started fundraising in the midst of quarantine

The startup Awesomic has announced a round of investment obtained from European investors. The value of the deal has not been disclosed. According to the company’s CEO, Roman Sevastianov, it is a six-figure sum, comparable to average pre-seed rounds in