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Wargaming lost $250M from exiting the Russia and Belarus: interview with company’s CFO

In April 2022, Wargaming announced that it was leaving the Russian and Belarusian markets. The editor of AIN.Capital asked the CFO of the company Andrew Tinney about the reasons and consequences of this decision, as well as about what is

Saldo Apps (Netpeak Group) raises up to $700,000 from hi5 Ventures (updated)

The Ukrainian startup from the Netpeak Group’s ecosystem — Saldo Apps — has raised a Pre-Seed round from a group of investors led by hi5 Ventures. The company does not disclose the amount of the financing. However, according to Forbes’ information

Finland’s gametech Spectarium raises €5M led by BITKRAFT Ventures

Oulu-based Spectarium, a company that builds cross-platform action RPGs (Role-playing Video Games) has raised €5 million in a seed round led by BITKRAFT Venture. The investment will help to scale the team and further develop the gameplay of its first

Ukrainian beleven acquires Agena Tech,  expanding its reach in the Nordic region 

beleven, a Ukrainian leader in digital and mobile solutions, announces the strategic acquisition of Agena Tech, a technology company with a significant presence in the Nordic regions. This acquisition is a pivotal move for beleven, providing a competitive edge through

Croatia’s HBOR and EIF launch new €52M equity investment program

Croatian state-owned development bank HBOR and the European Investment Fund have announced the launch of a new €52 million joint equity investment program. Both sides will commit €26 million to support fast-growing Croatian businesses. About HBOR and EIF EIF (European

Romanian startup inki.tech secures seed round led by Helvetia Venture Fund

Bucharest-based Device-on-Demand service inki.tech has secured a seed investment round to revolutionize device ownership and insurance. Helvetia Venture Fund led the round, joined by Autonom and The Mavers, the Recursive reports. “Integrated insurance has multiple benefits for our value proposition

Romanian-founded Dexory announces new investment from Schenker Ventures

Dexory has announced an additional investment from Schenker Ventures. Following the recent $19 million Series A funding announcement in June, this partnership will strengthen Dexory’s market position as a real-time supply chain visibility provider.

Ukrainian-founded startup Deskree secures €1.4M in a seed round

Toronto-based Deskree, a no-code cloud infrastructure tool, has secured €1.4 million in a seed round of funding. The investment saw participation from several investors, including Czech ZAKA VC, Ukrainian VC funds Flyer One Ventures, and Vesna Capital, Siliconcanals informed. “Our client

Ukrainian IT is made of 2,300 companies, 72% are product companies — Incredible Tech catalogue

Ukrainian IT has developed rapidly and has become Ukraine’s second-largest export industry, comprising about 2,300 companies employing more than 360,000 IT professionals. 72% of Ukrainian IT companies are making products that can be found all over the world. The Ministry

Finnish IoT company Treon closes its €5.5M Series A round for the expansion

Tampere-based Treon, a startup specializing in intelligent edge products for massive IoT, has closed a €5.5 million Series A round led by Ventech, to accelerate its international growth. “We are truly blessed to be chosen by Treon to lead their