Another hot summer month has passed, and we hope that our readers have had a chance to spend some great time outdoors enjoying warm sun and fresh air. On the news side, we’ve got you covered — here is a round-up of the most significant news from the tech scene of Eastern Europe happened in July, as well as a list of longer reads related to this region.
Startups, funds and accelerators
- Russian DST Global has launched its fourth investment fund — DST Global IV.
- Startupbootcamp Berlin has announced a new batch of eight startups, one of which — CoModule, — comes from Estonia.
- Bosnian app for musicians Qorio has won Superfounders Demo Day in Macedonia.
- Moscow-based investment company Starta Capital has announced the launch of Starta Capital Accessor Fund I, a venture fund with an initial capital of $3 million.
- Belarusian Wargaming has joined Nexon and Zynga’s CEO Don Mattrick backing a new early stage seed fund focused primarily on the European games sector.
- Hungarian startup program Kitchen Budapest has presented its new batch of four startups.
- AirDog has received more than $1 million on Kickstarter, becoming the most successful Latvian crowdfunded project.
- The first edition of Web MVP Academy in Bucharest has concluded with a Demo Day session.
- A team of Polish tinkerers has brought the “Change Camera View” button to the real life.
- Ukrainian startup LaMetric has raised more than $360,000 on Kickstarter for its “hackable, real-time smart display”.
- Polish startup Fashionote has won KrakowCrunch.
- GetJar founder and investor Ilja Laurs has formed a new VC fund to back 20 Eastern European startups a year.
- Ukraine-born startup CheckiO has launched a crowdsourced coding game platform for Python developers.
Funding deals and M&A
- German data analytics company RapidMiner has acquired Hungarian startup Radoop.
- Russian fund of funds RVC and Skolkovo have injected $1.2 million in micro-sized antenna maker Bisant.
- BlaBlaCar has raised a $100 million funding round to develop its service in CEE, particularly in Ukraine and Russia.
- The venture arm of Russia’s biggest bank Sberbank has invested $8 million in US banking startup Moven.
- Russian online communication tool developer Livetex has received $4 million in funding from Vaizra Capital owned by VK.com co-funders.
- Package tour reseller Travelata.ru has secured a $7 million investment from EBRD and Polish fund MCI.
- Russian payment giant Qiwi has invested $700,000 in 12 startups selected for its QIWI Universe acceleration program.
- International VC funds e.ventures, Global Founders Capital, Holtzbrinck Ventures, and InVenture Partners have injected $7 million into Russian package tour online reseller OnlineTours.ru.
- Russian startup Speaktoit based in the US has raised $2,6 million in a Series B funding round.
- Russian foundation FRII has invested $830,000 in two local startups, city guide Voxxter and online event listings service 2do2go.
- Kraków based micro-location tech startup Kontakt.io has attracted a $2 million funding round from Sunstone Capital.
- Latvian startup Roamer with a goal to “eliminate roaming charges forever” has raised $1.3 million in funding from a group of telecom industry veterans.
- Russian video re-mix startup Coub has raised $2.5 million from a VC fund headed up by VK.com founders.
- New Latvian VC FlyCap has led a $500,000 funding round for local email marketing startup Mailigen.
- Startup founded by the son of former Russian oligarch Mikhail Khodorkovsky has received a $700,000 funding round in the US.
- Lithuanian startup WoraPay has secured a €400,000 funding round from Israel-based Entrée Capital.
- Ukrainian statrup Advice Wallet has raised $1,5 in funding from Russian VC fund Life.SREDA.
- Russian billionaire Roman Abramovich has invested $2 million in Israeli startup AcousticEye.
- Facebook has acquired Romanian video advertising platform LiveRail.
- Security software company Avast has acquired Czech mobile app development studio Inmite.
In other news
- Russian team has won the ACM International Collegiate Programming Contest for the 6th time in the past 10 years.
- Russian IP video surveillance software company Macroscop has signed a $15 million contract in Bahrain.
- Russia’s biggest social network VK.com is planning to launch a mobile game development platform.
- Viber has opened representative office in Russia.
- Messenger ICQ, which is owned by Russia’s Mail.ru Group, is taking over Brasil after locally popular social network Orkut was shut down by Google.
- Ukrainian state agencies have decided to stop using Russian software.
- VK.com has suffered a massive drop in profit from $1.5 million to $225,000.
- Russia’s richest man Alisher Usmanov has increased his voting stake in Mail.ru Group to 64.6%.
- Websites of Mail.ru Group have been blocked in Italy over piracy allegations.
- Russia’s Interior Ministry has offered nearly 4 million rubles ($114,000) for research on ways to get data on users of the anonymous web surfing network Tor.
- eBay and Russian Post have signed a memorandum announcing their deal to cooperate with the aim of reducing the time of deliveries to Russia from China, the US, the UK, and Germany.
- Twitter has blocked prominent hacker account in Russia following government request.
- VK.com co-founder and former CEO Pavel Durov has cloned his messenger Telegram.
- Russia’s President has signed a law that could end up blocking Facebook and Twitter in the country.
Good reads from around the Web
- Taking up the hardware challenge — An interview with CubeSensors CEO Aleš Špetič, one of the oldest entrepreneurs in Slovenia
- Runa Capital Managing Partner Dmitry Chikhachev: “Discriminating in business or science by country of origin is equally irrelevant”
- New personal data storage rules to affect both foreign and domestic players – but still no “Chinese wall” surrounding Russia
- How Russian Hackers Stole the Nasdaq
- Yandex’s report on the state of online gaming industry in Russia
- 15 CEE startups for your driving experience
- The mobile games market in Russia grew by nine times from 2010 through 2013
- Christian Thaler-Wolski: “Lithuania has 3 years to catch up with startup ecosystems in London or Berlin”
- Behind the scenes at Eleven’s first Open Demo Day in Sofia, Bulgaria
- Stepping into Poland’s startup scene – Krakow and its emerging entrepreneurial ecosystem
- A visit to Brainly, the Polish edtech company striving to change social learning for students
- Talent and EU money: A snapshot of burgeoning startups in Bulgaria and the Balkans
- The Warsaw Uprising: How a forgotten chapter of WWII is inspiring Polish game devs
This post is part of our contributor series. The views expressed are the author's own and not necessarily shared by TNW.
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