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12.01.22

Finnish Nosto acquires Lithuanian search platform SearchNode to strengthen in e-commerce market

SearchNode, a Lithuanian technology startup focusing on advanced search technology, has been acquired by Finnish AI-powered commerce experience platform Nosto for an undisclosed amount, ArcticStartup reports. Founded in 2013 by Antanas Baksys, Lukas Mikuckis, and Ringaudas Kalinauskas, SearchNode develops search

11.01.22

Binance appoints the General Manager in Ukraine

Binance has announced the appointment of Kyrylo Khomiakov as the General Manager in Ukraine. Kyrylo will be responsible for strengthening the company’s position in the local market, implementation of the global marketing strategy, and interaction with state authorities and public

11.01.22

Estonian Bolt raises $709M at $8.4B valuation

Bolt, an Estonian startup and app for on-demand transportation and delivery, has raised $709 million (€628 million) and almost doubled its valuation to $8.4 billion (€7.4 billion), TechCrunch informs. Founded in 2013 by Markus Villig, Bolt is a Tallin-based company

11.01.22

Europe’s most profitable apps in 2021 include Tinder and PUBG with sales of $392M and $404M respectively

Sensor Tower has published statistics on the most profitable applications in 2021. The list of top 3 mobile games that earned the most money during the year also features a product developed by Ukrainians. Main figures According to Store Intelligence, European

11.01.22

Lithuanian electric car-sharing company Spark Technologies secures €30M to expand in Europe

Spark Technologies, a Vilnius-based electric car-sharing company, has concluded a €30 million capital commitment in the form of a share subscription facility from Luxembourg-based alternative investment group Global Emerging Markets (GEM). Spark Technologies also seeks to go public, Silicon Canals reports.

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