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VOCHI , a Belarus-based startup behind a clever computer vision-based video editing app used by online creators, has raised an additional $2.4 Investors in the most recent round include TA Ventures, Angelsdeck, A.Partners, Startup Wise Guys, Kolos VC and angels from companies like Belarus-based Verv and Estonian unicorn Bolt.
AI shopping assistant and shopping network Karma announced that it has raised $25 million in Series A funding led by Target Global followed by MoreTech Ventures, with participation from existing investors including NFX and Altair Capital. The company now employs nearly 60 people across Tel Aviv, Minsk, Belarus and the U.S.,
The Belarus-based video editing app was founded in 2019, by Ilya Lesun, Anna Buglakova, Vasily Kasnitsky, Sergei Malyutin, and incubated by Andrei Avsievich and Yury Melnichek from Bulba Ventures. million in funding and was on the path to a Series A. Prior to joining Pinterest, Vochi had raised $4.2
The DOJ alleges that Alla Witte was part of a criminal organization known as the Trickbot Group that operated in Russia, Belarus, Ukraine, and Suriname. The group allegedly used stolen personal information “to gain access to online bank accounts, execute unauthorized electronic funds transfers and launder the money through U.S.
Though the round was acquired before going into the accelerator program, the Belarus-based pair wanted to wait to publicly share the milestone. As they focus their sights on their next journey of growth and expansion, the new funding will go toward attracting more clients, visibility and sales.
Skich co-founder and CEO Sergey Budkovski , originally from Belarus, was previously head of biz dev at Minsk-based design and development firm 69pixels before founding the startup. Now based in Poland, the four-person team reports Skich has undergone its MVP phase on the App Store and has raised some pre-seed funding.
Apple Maps is back to noting that Crimea is not part of Russia in most of the world; Microsoft is halting sales in the country ; Airbnb is suspending operations in Russia and the co-belligerent Belarus. The corporate venture world is not the only place where we’re seeing more funds pop up. In response? Russia blocked Facebook.
What size is your staff, where are the offices located, and has the company ever raised funding? The company is based in Cyprus with development centers in Belarus, Israel and China. Funding is still “friends and family” We never did an institutional round of financing.
In addition, the oppressive regime in nearby Belarus has provided an influx of significant tech companies, such as Wargaming, as well as the associated talent. However, one said: “The ecosystem still lacks local funding for the late Series A and beyond rounds.”. Local and with small funds, mostly subsidized by government and EU.
With plans to raise a $25 million fund and more than $15 million already invested, PsyMed Ventures focuses on early-stage startups developing psychedelic therapeutics. This follows its move of stopping shipments to customers in Russia and Belarus.
Amazon has also “suspended the shipment of retail products to customers based in Russia and Belarus,” TechCrunch writes. Well, if you are Acorns, you raise a huge funding round at effectively the same valuation. Developer tools are not worth infinite money : Startups that built for developers had an amazing 2021.
Zenly was founded out of Paris in 2011, going on to raise $35 million in funding before Snap (then called Snapchat) swooped in with its mega-million-dollar bid. There’s a map for that. In a nutshell, Zenly develops an app that enables users to see where friends are on a map and navigate their way to each other. Snap Map businesses.
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