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VOCHI raises additional $2.4 million for its computer vision-powered video editing app

TechCrunch

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.

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AI shopping assistant Karma raises $25 million in Series A funding led by Target Global

TechCrunch

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.,

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Pinterest invests in creator tools with acquisition of video creation and editing app Vochi

TechCrunch

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. Image Credits: VOCHI. Prior to joining Pinterest, Vochi had raised $4.2

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Daily Crunch: Ransomware group threatens to release Nvidia’s ‘most closely guarded secrets’

TechCrunch

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.

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Daily Crunch: Citing ‘uncertain mortgage market,’ Better.com rolls out employee buyout plan

TechCrunch

Productsup wants to help retailers decipher this complex and fragmented world with some marketing and sales tools you can manage from one place. 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.

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Locals share why Vilnius, Lithuania is becoming an international startup hub

TechCrunch

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.

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Zenly is still hugely popular, so why’s Snap shutting it down?

TechCrunch

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. Just a few months back, Zenly rolled out a huge update that added several new features, including the ability to search for places. There’s a map for that.

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