Baring Vostok founder under arrest: The Russian tech investment community under shock

Editor’s note: This article from East-West Digital News was syndicated with permission. US citizen Michael Calvey, a figure of the Russian private equity scene, was detained Friday in Moscow as part of a large-scale fraud investigation. The news has put the Russian investor and tech community under shock. Calvey is the founder of Baring Vostok Capital Partners, one of […]

UK-based martech startup 3radical raises £1 million

British marketing tech startup 3radical has raised £1 million in funding from Stephen Kelly and Steve Garnett, the industry veterans who will also become the company’s advisers. The startup’s main product is 3radical Voco, a SaaS platform for customer and employee engagement and referral marketing, which has already been used by the company’s clients to […]

“A goldmine of tech talent:” Two reports highlight growing software export capacities in four Eastern European countries

Editor’s note: This article from Ukraine Digital News was syndicated with permission. Two industry reports have been released this week, bringing fresh data and analysis about the software development industry in Eastern European countries. The first report was issued by a consortium of leading local investment firms (AVentures Capital, Aventis Capital, and Capital Times) in partnership with IT service […]

2018: Records for the Estonian startup sector + a new wave of entrepreneurs in the community

(Editor’s note: This post was syndicated from the Startup Estonia blog, with permission) In summer 2018, we published our semi-annual statistics (see blogpost) where our seasonal startup entrepreneurs and investors were forecasting a record breaking year for the Estonian startup sector. As forecasted, 2018 brought us many good news, starting from welcoming our newest unicorn […]

HERE launches an AI research institute in Vienna, plans to invest €25 million over five years

Amsterdam-headquartered HERE Technologies, a mapping and location services company that used to be part of Nokia, has announced the launch of the Institute for Advanced Research in Artificial Intelligence (IARAI) in Vienna. The new research institution will focus on machine learning “machine learning that will deepen the location intelligence needed to build an autonomous world,” […]