Tech

Dream Games completes hat trick of Turkish technology unicorns

bne IntelIiNews June 30, 2021

Following successes of Peak Games and Getir, Istanbul startup crosses the $1bn threshold with Series B funding round.

Leta Capital eyes “17,000 Russian-speaking tech entrepreneurs” based in the West

East West Digital News in Moscow June 30, 2021

The Russian VC firm Leta Capital aims to invest in Russian-speaking tech entrepreneurs across the world. This is a huge pool of talents who left their home countries to work in the West, where they outperform their peers.

M.Video uses high tech to automate CRM, raise service level and track employee attendance

East West Digital News in Moscow June 30, 2021

M.Video, a part of the M.Video–Eldorado consumer electronics retail group, now processes nearly half of customer calls via a virtual assistant called Alyona.

Law on digital assets enters force in Serbia paving way for fintech growth

bne IntelliNews June 30, 2021

Law is intended to provide a clear framework and legal security for investors and users of digital assets.

StartupBlink: Moscow city ranks #2 in Europe for startup ecosystem development

East West Digital News in Moscow June 29, 2021

StartupBlink has just released the 2021 edition of its Startup Ecosystem Rankings Report, which encompasses 1,000 cities and 100 countries across the world, reports East-West Digital News (EWDN).

Sber acquires CRM startup Jivo for reportedly more than $20mn

East West Digital News in Moscow June 29, 2021

Earlier this month Sber, the state-controlled financial and technology giant (previously known as Sberbank), announced the full acquisition of Jivo.

Slovakia’s flying car makes history

bne IntelliNews June 28, 2021

AirCar flew from Nitra to Bratislava then transformed into a car to continue its journey to the city centre.

Estonian road and car park marking robot developer 10Lines raises funds

bne IntelliNews June 28, 2021

10lines targets a multi-billion dollar market largely untouched by innovation.

Demand for fur coats doubles as Russia swelters in the hottest June for 120 years

bne IntelliNews June 25, 2021

As Russians suffer the hottest June in over a century, the leading e-commerce site Wildberries reports that the sale of fur coats has doubled year on year.

Wildberries expands international sales by offering cross-border sales and delivery

bne IntelliNews June 24, 2021

Russia’s largest online retailer Wildberries has launched direct sales from Belarus, Kazakhstan and China to Russian consumers, the company said in a statement on June 23.

Slovenia to bring public services online

bne IntelliNews June 23, 2021

Ljubljana presents first measures to digitalise public services with the aim of improving the efficiency of the public administration in line with the EU’s digital agenda.

YUGOSLAVIA 30 YEARS ON: Big tech from a small country

bne IntelliNews June 22, 2021

Croatia, with a population of just over 4mn, has seen the emergence of a slew of high-tech champions in the fields of IT software, hardware and electromobility.

Otto Group’s myToys shuts downs in Russia after 10 years of activity

East West Digital News in Moscow June 21, 2021

myToys, an online retailer of children’s goods owned by Otto Group, ceased its activity earlier this month in Russia after more than 10 years of operations.

VTB Capital invests $75mn in Russian car-sharing major Delimobil

East West Digital News in Moscow June 21, 2021

VTB Capital, a division of the state bank VTB, is in the process of acquiring a 15% stake in the Delimobil car-sharing service.

BestDoctor.ru attracts $26mn from major Russian, Austrian and Swedish investors

East West Digital News in Moscow June 20, 2021

In late May Russian insuretech leader BestDoctor closed a $26mn round with an impressive investor consortium. The money was brought in by Winter Capital, a Moscow-based international fund backed, in particular, by billionaire Vladimir Potanin.

Tinkoff offers virtual phone secretary to all Russian mobile phone users

East West Digital News in Moscow June 20, 2021

In early June Tinkoff, the Russian digital banking giant, announced the beta version of its free voice assistant ‘Oleg,’ making it available to all mobile users in Russia.

Russian travel segment is recovering fast from the pandemic

East West Digital News in Moscow June 20, 2021

According to Aviasales.ru, Russian travellers booked 15% more tickets through its air ticket online booking platform than in the pre-COVID year of 2019.

Bucharest-listed cybersecurity expert Safetech to finance expansion abroad with new shares

bne IntelliNews June 16, 2021

Safetech plans to target the UK and US markets after fundraising.

Romanian entrepreneurs to develop region's first hyperscale data centre

Iulian Ernst in Bucharest June 11, 2021

€36mn data centre to be built in southern Romania near Craiova.

Turkey’s Getir online rapid groceries business raises $555mn in new funding round

Akin Nazli in Belgrade June 6, 2021

Company given valuation of more than $7.5bn. Berlin and Paris expansions expected this month.

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