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So in 2021, Thorleifsson launched Ramp Up Reykjavk to fund the installation of 100 ramps in places with the most foot traffic across Icelands capitalcafs, restaurants, and shops. Now, the team plans to expand the initiative to Paris and Lviv, Ukraine. Ukraine has a lot of people coming back from the war that need access.
Since February 24, more than two million people have fled Ukraine. Governments have also directed hundreds of millions of dollars in assistance for Ukraine. We have been tracking philanthropy’s response to the Russian invasion of Ukraine. We have identified 208 pledges and grants for Ukraine relief. Overview of findings.
A new season of Fortnite is launching today, and developer Epic will be donating all of its proceeds from the first two weeks to Ukraine-related humanitarian efforts. As part of the effort, Microsoft will also be “committing their net proceeds for Fortnite during this time, so that we can get more aid to the people of Ukraine.”
Since March 11, when Candid last looked at the global philanthropic response to the Russian invasion of Ukraine, human suffering and economic devastation has only increased. 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.
The decision comes as Ukraine has received cryptocurrency donations worth tens of millions of dollars from individuals and groups hoping to help the country’s war effort against Russia. Ukraine has legalized the crypto sector — @ZelenskyyUa signed a law. It is an important step towards the development of the VA market in Ukraine.
New Data from the Center for Disaster Philanthropy (CDP) while it is not record-level funding, it was the third highest amount since the nonprofit started reporting such data in 2014. The data also showed that the proportion of disaster funding for reconstruction and recovery was higher than in recent years. Funding grew to 301.8
I’m doing an abbreviated newsletter this week as I want to spend most of my energy amplifying the brave journalists on the ground reporting about this scary time. As so many have said — far more eloquently than me — the invasion of Ukraine is a story that impacts all of us, whether we’re on the ground there or not.
Funding sources for tech startups in Ukraine have gone off a cliff this year, with investors (and their LPs) wary of taking on the risk of backing potentially promising ideas and people who have stayed in the country amid the sustained, persistent and increasingly ugly onslaught from Russia. and Catherine T. MacArthur Foundation.
When Russia invaded her home country of Ukraine, U.K.-based based tech entrepreneur Irra Ariella Khi , co-founder of Zamna , set up a fundraising page to directly support people inside Ukraine. Khi’s father (aged 70) and godmother (aged 82) are both in Ukraine, as are her stepsister and her children. It’s now matched £2.25
On February 24, Russia launched an invasion of neighboring Ukraine after months of a military build-up on its borders. News outlets in Ukraine are also reporting outages caused by cyberattacks, which the Ukrainian government says it has “unambiguously linked” to Moscow.
Much of it was on YouTube and was related to the country’s invasion and subsequent war with Ukraine. In particular, the partnership with Visa landed Bloom as the first Sudanese startup to get admitted into Visa’s Fintech Fast Track program, Tage reports. Also, a bunch of new funds announced again today. million seed investment.
For the first time in the program’s history, it will include targeted support for Ukraine. This is one of the first real steps toward Ukraine’s integration with the EU and I can’t be happier that we are becoming a part of European business and science communities. Why is this an important sign?
VC funding into Europe (including the U.K.) But Europe isn’t the only place where VC funding didn’t decline. But Europe’s situation is perhaps more curious; after all, it is the closest to Russia and its war on Ukraine. was up in the first quarter of 2022, CB Insights and Crunchbase data show. Data overview.
Rhys Spence Contributor Share on Twitter Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund. Despite these cuts, which have been always slower to implement than communicate, inflation has been rampant across Europe and beyond, partially due to supply chain issues linked to the situation in Ukraine.
Today marks exactly one year since Russia’s illegal, unprovoked, and brutal of Ukraine. This week, a majority of the members of the United Nations reiterated its demand that Russia “immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine and called for a cessation of hostilities”.
The Giving USA 2023: The Annual Report on Philanthropy for the Year 2022 is the most comprehensive report on philanthropy in America and the data within sheds light on the state of fundraising and ways nonprofits can overcome shortfalls in funding. Religious organizations , for instance, reported a 5.2% growth in giving.
There’s an argument that the business is messy, so we should report on the issues as we hear about them; and there’s the narrative of the female takedown story, in which people believe that women are targeted by the press more than men due to unreasonably high standards. Fintech and Ukraine. Some big tech apps remain.
VCs in developed markets have been warning of a funding winter — with the pace and size of investments in startups slowing down considerably in the wake of other declines in the market — and that has been playing out even more in emerging markets like Kenya, too. The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate.
Come Back Alive’s page said that funds would be used to train soldiers, as well as provide technical equipment, according to Patreon’s blog post. Our statement on the suspension of Come Back Alive, and the situation in Ukraine [link] — Patreon (@Patreon) February 25, 2022.
Netflix will not distribute a number of state-run channels in Russia as mandated by a new law, the company says, following reports that it could soon be forced to carry the networks. Reporting on when and how the law will be enforced has been conflicting. Reporting on when and how the law will be enforced has been conflicting.
When a crisis occurs—whether it’s the war in Ukraine or the COVID-19 pandemic—people seek up-to-date information. Who is funding them, and what activities do donors support? To help the sector understand the emerging funding picture, Candid prioritizes collecting current, “real-time” data. foundations’ giving.
This weekend was yet another that was full of news from Ukraine, which meant that the tech market was slightly quieter than usual. raised a huge sum from the second Vision Fund , we report, and OneCard is set to raise a massive round in short order , despite how recently it announced its preceding round. (Oh,
Starting in April, imaging of the cancer patients from Ukraine was uploaded (those who had it), the new imaging from Moldava were translated from Ukrainian to Romanian/English and reports were prepared for each patient. Medicai, which has raised €1.2
The European Parliament voted this week to “investigate allegations that European member states acquired and used” Pegasus, TechCrunch reports. The latest tech response to Russia’s Ukrainian invasion: Non-Russian tech companies continued their work to isolate the Russian state after its government invaded neighboring Ukraine.
Driven by inflation, the war in Ukraine and other economic headwinds, recessionary fears have put a squeeze on sources of funding that were previously easily attainable. It’s a fact that startups, regardless of industry, face more hurdles today than they did a year ago. The consequence?
In addition to speaking at IDCEE’13 in Kyiv, Cooper had another goal in visiting Ukraine (and Russia, a couple of days before that). The competition was intended for software developers from Russia and Ukraine. Russia and Ukraine have been sort of anchors for oDesk on the technical side,” Cooper explained.
Mid-year, the 2017-founded startup reports that it had reached €14.7 And today it’s announcing a new €20M bridging funding round, ahead of the expected (beefier) B. “With new funding in hand, a primary focus for Heura will be positioning itself as the European plant-based leader by 2027,” it notes in a press release.
“In short, it covers just about every aspect of travel IT imaginable,” writes enterprise reporter Ron Miller. “Gogoro will use the fresh funds from its IPO to continue to expand in Taiwan as it branches outward to larger markets like China, India and Indonesia,” writes transportation reporter Rebecca Bellan.
To be clear, Ecosia is also continuing to fund tree-planting with search ads profits (an activity it’s best known for) — but the Berlin-based search engine told us it’s now making an “ongoing commitment” to green energy investment as a result of the energy crunch triggered by Russia’s invasion of Ukraine. .
This March, Ukraine’s President Volodymyr Zelenskyy signed a bill to establish a regulatory framework for cryptocurrency in the country. Global finance and tech firms are supporting Ukraine. Both organizations are collaborating to strengthen the fintech landscape in Ukraine. Fintech is growing fast despite setbacks.
We’ve got acquisitions, funding rounds, the end of products, and more. The push to fundUkraine’s war-torn nation-state with crypto is turning out to be An Actual Thing. TechCrunch has notes on how Ukraine is using the coin more generally and from a military perspective. PST, subscribe here. Startups/VC. The answer?
in the Bay Area, some in Israel and others spread out across the world, including a few from Ukraine, who he reports are safe in Poland at the moment. The company announced $26 million in funding today. That breaks down to $20 million Series A and the remainder in seed and pre-seed funding received previously.
Xreal announced in January 2024 it had raised an additional $60 million in funding for further development of its AR glasses. Varjo and partner Dogfight Boss also announced in August that their headset-based F-16 simulator had been deployed to help Ukraine train fighter pilots in its war with Russia. In the U.S.,
The latest from Ukraine: TechCrunch continues to cover the Russian invasion of Ukraine when it lands in our remit. We have three sections of startup news today, starting with mobility, continuing with venture fund news, and closing with a neat startup round. social networking services. “ Startups/VC. auction subsidiary for $2.2
But in the country’s huge middle, startups are being built and funded at record pace. And Chicago, one of the most important American metropolises, is funding more and more underrepresented founders at the seed and angel stages. Expect that number to expand now that it has fresh funds. We dug into how that change is happening.
The Ukraine-based startup will now enter new markets and strengthen its positions in Poland, Russia, Spain and Latin America. The global English language learning market is projected to reach $55 billion by 2025, growing at 7% annually, according to reports. There are approximately 1.5
Seed-stage funding in Q1 2022 was flat from the previous quarter, but compared to a year ago, it was up 45%. That is why founders should concentrate on reaching product-market fit and building community, instead of trying to stack a Series A round tall enough to get reported in TechCrunch. Thanks very much for reading, Walter Thompson.
My heart goes out to all of the people of Ukraine and our TechCrunch readers there. So it was good news to report that Siteline had emerged from stealth with $18.4 million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 ” Funding across the globe. Love to see it!
Weeks ago, Ukraine-based influencer Kristina Korban’s TikTok was a steady stream of gym motivation and personal finance tips punctuated by trending audio. Korban’s videos about the war have become a go-to source for people outside of Ukraine who didn’t know much — if anything — about the country until a few weeks ago.
Russia’s invasion of Ukraine and China’s COVID-19 lockdown policies impacted economies around the globe. The Foundation Giving Forecast Survey provides timely estimates and helps inform the Giving USA annual report on philanthropy. Thirty percent reported that their payout increased. How did these factors affect U.S.
The DDoS attack comes as Russia has claimed to be de-escalating potential conflict by withdrawing troops from the Ukraine border — a statement that was met with “cautious optimism” by NATO but has also faced skepticism amid a series of contradictory signals from the Russian military.
The announcement wasn’t a complete shock considering there were hints of trouble, as reported by The Information, the week prior. On a positive (and somewhat unusual) note, BNPL giant Affirm said it would be giving job offers to “the vast majority” of Fast engineers, as reported by the brilliant Natasha Mascarenhas.
Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., million (50 billion won) in a Series D funding round at a postmoney valuation of $2.7 semiconductors), but also the agriculture industry.
While the announcement follows India’s decision to ban Sea’s popular title “Free Fire” in the country last month, TechCrunch reports that the company is insisting the reason is “global market uncertainties.” There’s still money flowing, and funds that raised huge capital pools still have to allocate it, slowdown or not.
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