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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 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.
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.
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.
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.
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.
The entire Zenly team has been laid off, while their non-compete clauses have been waived. 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. Zenly screenshot.
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. And the Equity team chatted through how to – and how not to – buy community. Branch added $75 million to its coffers.
Know when to walk away, know when to run : The only failure is failing to learn, and on the newest episode of TC’s Equity podcast, the team discusses how failure is a choose-your-own-adventure for startups. ” (TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.).
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