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China’s logistics robot maker VisionNav raises $76M at $500M valuation

TechCrunch

VisionNav Robotics , which specializes in autonomous forklifts, stacking vehicles and other logistics robots, is the latest industrial robot maker from China to get funded. and Hungary. “From controlling, dispatching, to sensing, we will have to improve our software capabilities as a whole.”

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Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

TechCrunch

The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mortar stores manage their inventory, merchandising and operations. Other participants included new investors OMERS and Sony Innovation Fund by IGV.

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Novakid’s ESL app for children raises $4.25M Series A led by PortfoLion and LearnStart investors

TechCrunch

million Series A financing led by Hungary-based PortfoLion (part of OTP, a leading banking group in Eastern Europe), alongside a prominent edtech-focused U.S. fund, LearnStart. Other attractive points were strong customer retention, international business footprint and a solid monetization via paid subscriptions.”.

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Web3Auth secures $13M from Sequoia India to simplify crypto onboarding and authentication

TechCrunch

On a technical level, seed phrases have contributed to the loss of nearly 20% of all bitcoins in circulation, roughly equivalent to the GDP of Hungary, according to Singapore-based crypto infra startup Web3Auth , formerly known as Torus. Identity platform Auth0 raises $120M Series F funding round at $1.92B valuation.

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An inside look at a Ukrainian fintech startup adapting to life during wartime

TechCrunch

Some IT companies relocated their offices to the neighboring countries, mainly Poland, Romania and Hungary. IT companies are actively involved in volunteering at the corporate level to organize funds and initiatives to help the army financially. The war is still raging, but many people who had left Ukraine are coming back now.

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How the tech industry is responding to Russia’s invasion of Ukraine

TechCrunch

The current plan is to figure out how to get staff across the border either to Hungary or Poland. Zhadanov noted that Readdle has grown into an international company, with people employed in 11 countries. The situation is also going to spell major economic fallout for startups in Ukraine.

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Update: Philanthropy’s response to Ukraine crisis

Candid

In the meantime, individuals, governments, and private philanthropy fund relief on the ground, trying to keep up with displacement and need on a massive scale. These countries are, in the main, ones that share a border with Ukraine: Poland, Romania, Hungary, Moldova, and Slovakia. Here we share an update on what we know so far.

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