This article was published on August 31, 2015

Tech news from Eastern Europe: Your roundup for August

Tech news from Eastern Europe: Your roundup for August
Andrii Degeler
Story by

Andrii Degeler

Andrii is the Head of Media at TNW, with over a decade of experience in covering the European tech ecosystem. Talk to him about new and exci Andrii is the Head of Media at TNW, with over a decade of experience in covering the European tech ecosystem. Talk to him about new and exciting developments in tech, especially those involving vastly underreported industry niches and geographies.

Another month is almost gone, and it’s time to take look at what’s happened on the Eastern European tech scene in recent weeks.

We’ve compiled the most important headlines from this part of the world into a handy round-up to make sure you’re up to speed with the recent developments.

If you think something is missing, or would like to draw our attention to an important story, feel free to ping the author on Twitter (@shlema) or by e-mail at [email protected].

Startups, VCs, accelerators


Funding deals and M&A

  • Slovakia-founded online paywall builder Piano Media has merged with Tinypass
  • Polish startup has attracted 1 million zloty (about €240,000) in funding
  • Russian startup TakeBus has raised some €43,000 in funding from Moscow Seed Fund
  • Ukrainian startup Galactic Exchange has secured seed funding in Silicon Valley in one week to “simplify big data”
  • Russian 3D modelling app maker GeoCV has secured $1.15 million for sales tests in Russian and US markets
  • In-app advertising platform AdtoApp founded by Russian entrepreneur Nikolay Evdokimov has raised $6 million in funding from Run Capital
  • Oracle has acquired Ukrainian-born startup Maxymiser
  • Russian-born startup has landed $3 million in funding
  • Ukrainian investment firm CIG has poured $1 million in Israeli mobile platform for kids KIDO’Z
  • Russia’s Grishin Robotics has participated in $13 million Series B funding round for American 3D sensing hardware and software maker Occipital, as well as $26 million round for Super Evil Megacorp
  • Russian billionaire Yuri Milner has participated in $90 million funding round for Indian health search portal Practo
  • Russian-born InVenture Partners has invested $5 million in US telemedicine startup American Well
  • Russian investor Yuri Milner has participated in a $100 million funding round for Carbon 3D
  • Kirill Podolskiy, founder of Russia’s Anywayanyday, will invest $3 million in together with the ex-mayor of Moscow Vladimir Silkin
  • Russian billionaire Roman Abramovich has invested $10 million in Israeli startup Driveway, which earlier attracted $1.6 million from other Russian investors
  • Russian HR website JungleJobs has attracted $500,000 in funding from Impulse VC and TheUntitled
  • Russian-born venture firm Flint Capital has led a $5 million funding round for Mobee
  • Ukraine-based TA Ventures took part  in a €2.3 million funding round for Stylelounge, a German metasearch engine for clothing and lifestyle products
  • Prague-founded TeskaLabs has secured €337,000 in pre-seed funding


Laws and governments


In other news

  • One the biggest startup conferences in Ukraine, IDCEE, has been cancelled for 2015
  • Yandex has launched a multifunctional app for users with low-budget Android smartphones in Russia
  • LOT, the official Polish air carrier, is now accepting bitcoin
  • Uber launched water taxi service in Saint Petersburg for two days
  • Kaspersky has denied the accusations in creating fake malware, saying that the Reuters report does not contain ‘a shred of evidence
  • Russia’s Skolkovo has teamed up with Panasonic and KAMAZ in search for battery breakthrough
  • Projects from Lithuania, Bosnia, and Russia have made it to the finals of Google’s annual Science Fair
  • Gennady Korotkevich from Belarus has won Google Code Jam for the second time in a row
  • Islamic State has released a Russian-language propaganda app for Android
  • Romanian antivirus firm BitDefender has admitted a leak of customer data, as the hacker claims that stolen passwords are unencrypted
  • Russian-made e-ink YotaPhone 2 is no longer coming to the US. In related news, Singapore-based Hi-P, which manufactures YotaPhone 2, takes Yota Devices to court over refusal to take delivery of smartphones
  • has inked a deal with Russian Post and considers selling Russian goods to Chinese consumers
  • Ukrainian outsourcing software development company SpeedFlow has announced a relocation to Bulgaria
  • Yandex has relaunched its mobile analytics platform with detailed ad tracking
  • Rafal Plutecki has become the head of Google Campus in Warsaw
  • Goldman Sachs to launch technology center in Poland
  • Amazon has raised the wages of the 6,000 workers at its two logistics centers in Western Poland. However, problems for the retail giant remain


Good (long) reads from around the Web

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