Rostyslav Sobachynskyi

Baltic startup funding in H1 2024 — FIRSTPICK and Change Ventures report

The latest data reveals a decline in both the number of funding rounds and total capital deployed in the first half of 2024, continuing a downward trend from the previous year.

Warhammer 40,000: Space Marine 2 is released now — it’s a Russian game made by Saber Interactive

Despite having a US HQ, Saber Interactive’s main team of over 700 employees operates in St. Petersburg. AIN counted how much money does the company send to fund the Russian war in Ukraine.

Lithuanian deeptech startup Airvolve secures €825k investment to develop a tactical transport aircraft

The venture capital funds Coinvest Capital and Baltic Sandbox Ventures provided the early-stage funding, along with several accredited business angels.

Partnerplace.io raises €350k investment from Tar Heel Capital Pathfinder to boost partner programs

The platform is already in use by its first clients from Europe and the US.

Intel blocks Ukrainians for asking why American chips are inside Russian missiles

Several accounts were blocked on X, including a prominent Ukrainian fundraiser and blogger Serhii Sternenko.

Startup of the Day: Redigo Carbon, a Polish cloud-based sustainability platform

Redigo Carbon is designed to help businesses of all sizes manage and reduce their carbon footprint effectively. It starts with seamless data collection and integration—either manually or through APIs—making it easy to gather emissions data.

Spotlight 2024 will offer €350,000 in investment prizes to Eastern European startups at How to Web

Spotlight 2024, the region’s leading startup competition program hosted during How to Web Conference, has announced the competition’s €350,000 investment prize and promised key meetings with top European Venture Capital funds for the winners.

Polish transportation company MMI secures €7.7M investment from Vinci S.A. fund

The fresh capital will help MMI to achieve its plans of a full range of minibusses within a maximum of three years. Last year alone the company saw a threefold improvement in its financial performance, surpassing €16.3 million in revenue.

Telegram founder Pavel Durov arrested in Paris

Among the charges that Durov could be formally charged with as early as this Sunday: complicity in drug trafficking, crimes against children, and fraud due to the lack of moderation in Telegram.