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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 company will be bringing in both the IP at Vochi and its forty-person team, including its founders, to expand Pinterest’s set of video creation tools and to help its creators make more dynamic videos. Our team also developed a custom rendering engine for video effects that enables instant application in 4K on mobile devices.

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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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Skich’s new app brings social discovery to mobile game recommendations

TechCrunch

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.

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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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200.000.000 mobile users, for starters – Q&A with Viber CEO Talmon Marco

The Next Web

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. That’s why it took us so long.

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