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27.10.23

Binance appoints Ukrainian Kyrylo Khomiakov as the head of CEE and Central Asia

Crypto company Binance has announced the appointment of Ukrainian Kyrylo Khomiakov as the head of the CEE and Central Asia regions. At first, he was the general manager of Binance in Ukraine, and later the same position in CEE. Now,

26.10.23

Nova Poshta shows photos of trucks destroyed in Russian attacks that supposed to carry IFVs

Nova Poshta published pictures and videos of the terminal in Kharkiv destroyed by Russians on October 21. Russian propagandists claimed that trucks had secretly transported infantry fighting vehicles. You can see in the pictures that the terminal was working as

26.10.23

Finnish biochemical company Montinutra announces €2M in pre-A funding led by Metsä Spring

Montinutra, which converts forest industry side streams into high-value bioactive products, has announced a €2 million round led by Espoo-based Metsä Spring, with the participation of syndicate of private investors. The company aims to reach €100 million in annual revenue by

26.10.23

$4.2B in funding raised by AI startups since 2021 — The Recursive State of AI in CEE report

As of today, there are over 900 AI startups in the Central and Eastern Europe region. $4.2 billion in funding for CEE AI companies in the past three years, showcasing a growing interest from top-tier international investors. Bulgarian tech media

26.10.23

Wudpecker, Finnish startup tackling organizational knowledge fragmentation raises €330k

Helsinki-based startup Wudpecker, that develops speech recognition software, has raised €330,000 in a pre-seed funding led by Trind Ventures, with participation from Accelerace and Sofokus Ventures. The funding round was initiated on Slush’s year-round Node by Slush platform. “Wudpecker is not merely an information tool; it’s

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