eastern europe

500 Global spreads its wings across the Caucasus and Eastern Europe, via Tbilisi

European accelerators are going through an interesting time right now. For instance, Techstars Stockholm was all set to launch and then abruptly shut down. And I think it’s now commonly accepted tha

The VC ‘Scramble for Europe’ breaks out in the East as a €70M fund breaks cover

There is a fight emerging in Central and Eastern Europe, and all the way down into the South Eastern regions. Investors such as Inovo, Credo, LauncHub, Vitosha, VentureFriends, and Marathon VC are all

More venture funds are betting on Central and Eastern Europe

Startup founders in Central and Eastern Europe will soon have more dry powder to chase.

Key European tech founders and investors launch OneUkraine charity to assist Ukraine

A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be su

US, UK and EU blame Russia for ‘unacceptable’ Viasat cyberattack

The U.S., U.K. and EU have formally blamed the Russian government for the February cyberattack against satellite communications provider Viasat, which triggered outages across central and eastern Euro

Ukraine disrupts attempt by Russian hackers to take down energy provider

The Computer Emergency Response Team of Ukraine (CERT-UA) has disrupted an attempt by Sandworm, a hacking group known to work for Russia’s military intelligence, to take down a Ukrainian energy

Microsoft seizes domains used by Russian spies to target Ukraine

Microsoft has successfully seized domains used by APT28, a state-sponsored group operated by Russian military intelligence, to target institutions in Ukraine. The tech giant said in a blog post on Thu

Viasat cyberattack blamed on Russian wiper malware

The recent cyberattack on U.S. satellite communications provider Viasat, an incident that triggered satellite service outages across central and eastern Europe, was likely the result of destructive wi

Tech talent flees Russia as Western sanctions bite

Russia is seeing an exodus of entrepreneurs, computer programmers and other educated middle-class citizens as Western sanctions and political instability make it impossible to run an international bus

Google discovers threat actor working as an ‘initial access broker’ for Conti ransomware hackers

Google’s Threat Analysis Group has observed a financially motivated threat actor working as an intermediary for the Russian hackers, including the Conti ransomware gang. The group, which Google refe

Ukraine’s president signs law to legalize crypto as digital donations roll in

A month ago, Ukraine’s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin and Ethereum. Today, the coun

Tracking the future of crypto controversy

Hello readers, and welcome back to Week in Review! Last week, I talked about the environmental impacts of crypto with Kimbal Musk, early Tesla investor and brother of Elon. This week, I’m talkin

Crypto infrastructure company Fireblocks nearly quadruples valuation to $8B in six months

Crypto custody platform Fireblocks is quite possibly “the most successful and least-known company in the blockchain space,” as described by its co-founder and CEO Michael Shaulov in an interview w

Eleven Ventures closes new fund at $67.6M to invest in Southeastern European startups

Bulgarian venture capital is experiencing something of a renaissance. Last year LAUNCHub Ventures raised a €70 million find aimed at Southeastern Europe, while Vitosha Venture Partners raised a €2

Fintech Farm nabs $7.4M to launch neobanks in Nigeria and other emerging markets

Fintech Farm, a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, confirmed to TechCrunch today that it has raised $7.4 million in seed funding. The comp

Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. Bolt — the startup and app

Fast groceries startup Grovy hopes Eastern Europe and sustainability will set it apart

Yet another “quick commerce” 15-minute groceries startup is hoping to make a name for itself in this space, adding to the myriad companies currently crowding out this market. But Grovy is

Opontia gets $42M to buy more e-commerce brands in Eastern Europe, Middle East and Africa

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCr

Packhelp raises $45.6M to expand its custom packaging biz

Warsaw-based Packhelp has been riding the boom in e-commerce and on-demand delivery to scale a business that helps even the smallest brands wrap their wares in eye-catching custom packaging, while cou

Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest

Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously…
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