Lithuanian startup CGTrader was founded in 2012 and was backed by Practica Capital and Intel Capital in 2014. Last week the team reached an important milestone celebrating 500,000 users and 500,000 models...
Eastern Europe has proved itself as an attractive destination for R&D and software development. It has been chosen by a number of successful product companies, among which are Viber, Fitbit, Uber,...
SaferPass from Bratislava, Slovakia, raised €1M in a seed round led by LRJ Capital and Neulogy Ventures. Both funds are Slovak as well, and the round was co-financed by international business angels....
Eastern European software developers and Unicorns, how are they related? Every Unicorn starts with an idea, inspiring founder(-s), and a talented employees. So, there’s no wonder that many of them...
In April, we tracked acquisition and investment deals in CEE worth more than $35M. The covered startups come from Hungary, Romania, the Czech Republic, Serbia, Ukraine, Estonia, Lithuania, and Poland....
Perhaps April wasn’t the warmest in Russia, but the deal flow made up for it: Luka, Virool, ScentBird, Timescnery, Cardparking, Cloudpayments, Elemenraree, Brain4net raised a combined $23.03 million...
We can see that a vibrant startup community is being built in Sofia, and more importantly, it has an international zest. Stephane Gantchev, a partner at the local pre-seed fund Launchub told me in a conversation,...
A month ago, two important media outlets - Euronews and Reuters - turned their eyes on the IT industry in Belarus: Belarus 2.0: tech’s bright spot in a struggling economy and Belarus -...
During 9 months a lot can happen to a startup, so did to Tripomatic since we published an interview with them in September 2015. We’ve got an update from Barbora Nevosadova, co-founder of Tripomatic,...
Size and quality of the talent pool are two factors one would consider while selecting an outsourcing destination. In the past couple of weeks I was exposed to three private initiatives - in Ukraine,...