Welcome to today’s edition of the ProCEEd > Newsletter.
The past week has brought a few significant stories from the CEE companies: one of them has raised $10.7 million in funding, two others were purchased by PwC and IBM.
Check out the details below, together with stories on incubators and accelerators, governments and police, and a couple of long reads.
Enjoy the reading, and have a good week!
Poland-based startup Estimote has raised $10.7 million in funding
IBM has acquired Hungarian-cofounded startup Ustream for $130 million in cash
- Polish startup Estimote has raised $10.7 million in funding
- Estonian accelerator Buildit is getting closer to the application deadline for its fifth batch
- New Ukrainian incubator 1991 to support Open Data projects amid weak social demand
- Hackathon Bridge 2.0 connects Poland, Ukraine and Moldova
- PwC has acquired Polish cloud consultancy Outbox
- IBM has acquired Hungarian-cofounded startup Ustream for $130 million in cash
- Startup Wise Guys has announced participants of the next B2B accelerator program
- New business accelerator in Odesa, Ukraine, trains startups and teaches the elderly
- Teenage Ukrainian entrepreneur launches fintech startup in Australia
- Latvian Draugiem Group has launched a new crowdfunding campaign – this time offering secure app-driven bike stands
- VC funds with Russian roots Maxfield Capital and LETA Capital have participated in a $1.2 million funding round for Israel-based viisights
- DST Global, a VC fund with Russian roots, has participated in a record-breaking $3.3 billion funding round for China’s Meituan-Dianping
- Russian oligarchs Magomedov and Usmanov have stakes in Uber
- Russian investor Yuri Milner has participated in a $10.7 million funding round for Second Home
- Russian President Vladimir Putin’s newly appointed Internet adviser has links to an illegal torrent website
- Expert evaluation in Russia has found no “gay propaganda” in Apple’s iOS emoji
- Rusnano has teamed up with Chinese corporation Zhongrong International Trust to launch a $500 million nanotech fund
- Russia’s released the 2016 data localization audit plan