news - page 504

Richard Branson’s Virgin Orbit invests $30M in Polish nanotech SatRevolution

SatRevolution, a Polish developer and manufacturer of nanosatellite technologies, has secured a $30 million Series B round from Virgin Orbit, pushing its valuation to approximately $150 million. The deal is expected to complete by the end of the first quarter of

Tax authority fines startup for $95.4k forcing company to move to the UK

The Ukrainian startup MySales Labs, the developer of retail sales forecast solutions, announced a ₴2.6 million (approx. $95,400) penalty from the State Fiscal Service of Ukraine. The founder Alexey Ivasyuk said the Fiscal Service made a mistake, and this penalty

Lokalise, a Latvian localization and translation management platform, secures $50M in Series B

Lokalise, a platform for continuous localization and translation, has raised $50 million in Series B funding led by the venture capital firm CRV. Creandum, Dawn Capital, as well as existing investors including Chalfen VC, 3VC, S16VC, and several business angels

Estonian fintech startup Raison raises $900k seed round

Raison, an Estonian late venture investment marketplace, has raised $900,000 during a seed round. The company is now valued at $11.5 million. Server Partners led the round, The Baltic Times reports. Founded in 2017 by Alexander Zaytsev, Andrey Berezin, and Andrey Kononykhin,