Tech
First-ever Uzbek-language startup guidebook series launched to support aspiring entrepreneurs
“In every region I’ve visited, I’ve seen talented young people full of ideas — but they struggle to find resources they can actually use," says Startup Garage founder Mukhammad Khalil.
Turkish unicorn Dream Games raises $2.5bn in private equity round at $5bn valuation
Games developer's Royal Match ranked third in the world for the most in-app purchases in 2024, generating $1.4bn in revenues.
Fund III of Turkey’s largest tech venture capital outfit Revo raises $86mn
Focus on fintech maintained. Bigger roles for B2B SaaS, cybersecurity and health technology, and energy and gaming introduced as dedicated verticals.
Sanctions have spurred innovation from Russian cheese to turbines
Extreme sanctions placed on Russia hit industrial sectors the hardest, which have been almost entirely dependent on imports of high quality foreign made machinery for almost all of the last three decades since the fall of the Soviet Union.
Poland’s e-commerce turnover rises 15.2% m/m in March to PLN7.40bn
Poland’s e-commerce sector recorded a 15.2% month-on-month increase in turnover in March, reaching $1.80bn, according to data from the Central Statistical Office.
COMMENT: Europe could benefit from partnering with Armenian tech innovation
Armenia is a democracy with a young, tech-savvy population and a hunger to scale, writes Samson Avetian of Armenia-based investment platform eqwefy.
Western Balkan states increase use of surveillance, censorship to suppress opponents
Use of biometric surveillance and facial recognition technologies is expanding rapidly across the Balkans, according to a new BIRN report.
Serbia’s gaming sector sees 22% revenue surge in 2024
Serbian Games Association report shows a maturing sector with robust output, increased gender diversity and sustained innovation, despite signs of slowing job growth.
Bulgaria-based crypto lender Nexo to return to US market
"America is back — and so is Nexo," says company's co-founder after meeting with Donald Trump Jr.