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13.05.22

“We believe in Ukraine, so we invest in Ukraine”: Lithuanian business invests in Ukraine’s Mebelok

The Lithuanian online furniture store Furniture1.eu has announced an investment in a similar Ukrainian project, the online store Mebelok. Pijus Makarevicius, CEO of Furniture1.eu, wrote about it on Linkedin. This is Furniture1.eu’s first investment in the Ukrainian market. The financial

13.05.22

Grid Dynamics launches operational center in India and is about to hire up to 1,000 engineers

Grid Dynamics (NASDAQ: GDYN), a digital-native technology services provider, has announced the opening of Grid Dynamics India as part of its ongoing global expansion efforts. Located in Hyderabad, a hub for engineering and business innovation in India, Grid Dynamics’ newest operational center is

13.05.22

Gubbe, a Finnish elder care startup, raises €4M seed from Spintop Ventures and Tesi

Gubbe, an Espoo-based elder care startup, has raised a €4 million late-seed investment. The Swedish venture capital fund Spintop Ventures and the Finnish investment firm Tesi backed the round together with a family office and high-profile angel investors. Founded in 2018

12.05.22

War in Ukraine / May 11

The Molfar team sends a daily newsletter about the war in Ukraine. The editorial staff of AIN.Capital publishes the full version of the digest. You can subscribe to the newsletter here. The Russian military shot Ukrainians in the back The CNN team managed

12.05.22

Ajax Systems opens plant in Turkey, producing 150,000 devices per month

Ajax Systems, a Ukrainian developer and manufacturer of professional security systems, is opening its first plant abroad — in the city of Istanbul, Turkey. The new 8,300 m² plant will produce the entire line of Ajax devices, duplicating the production

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