Another Monday, another ProCEEd > Newsletter that helps you catch up with the most significant tech news from Central and Eastern Europe.
The past week saw Google losing its anti-monopoly appeal in Russia. Initiated by Yandex, the legal battle has been on for a while, but now it seems to be coming to an end, as Google will most probably have to rewrite its contracts with phone manufacturers and pay a fine.
In other news, ProCEEd > Podcast is back! Check out the new episode, in which I talked to Karoli Hindriks from Jobbatical and Alex Barrera from Tech.eu and Press42 about the tech scene in the Baltic states. Here it is:
Here’s a few highlights of the episode:
01:45 Impressions from TechChill Baltics
04:35 It the Baltics part of the ecosystem of CEE or the Nordics?
10:55 Is it hard to get students to run startups in the Baltics? Do the crisis and the fall of corporations like Nokia help?
15:30 Is technology ruining the world around us?
24:50 Should governments support startup ecosystems by throwing money at entrepreneurs?
Now, without further ado, read on to the headlines of the past week and make sure you haven’t missed anything important.
Enjoy reading and listening, and I’ll talk to you next week!
Google has lost its anti-monopoly appeal in Russia over ‘obligatory’ pre-installation of Android apps
Founders of Ask.fm have invested $1 million in a dating app Mint, launched by a former Ask.fm designer
Startups & Ecosystems
- Russian-rooted funds Almaz Capital, Imi.vc, and Impulse VC have made an exit from AppScotch, which was acquired by App Annie
- Startup Grind Tirana has hosted Mergim Cahani, the founder of Gjirafa.com (video)
- US-based investor and entrepreneur Igor Shoifot will open California in Ukraine, a free acceleration hub in Kyiv
- A Russian video interview service Skillaz hopes to shake up the HR market
- hub:raum Krakow recruits the next batch of startups from CEE
- Polish IT company brings the Chornobyl zone into virtual reality
- Latvian wooden OVI Watches to go into production
Funding Rounds and M&A
- Flint Capital has increased its stake in Latvia-founded Creamfinance
- Russian startup DocLand has raised $500,000 in funding
- Ukrainian-founded ReplyApp has raised $400,000 in funding from Digital Future and WannaBiz
- Founders of Latvia-based Ask.fm have invested $1 million in a dating app Mint, launched by a former Ask.fm web designer
- Ukrainian startup Moggie has raised $70,000 in funding from a Swedish accelerator for a smart collar for cats
- Yandex has led a funding round for chatbot developer Chatfuel
- Estonia’s GlobalReader has raised €165,000 in seed funding
- Latvia’s BranchTrack has raised a €250,000 seed round from Imprimatur Capital, Coffee Ventures and Zbigniew Gulbinowicz
- Uber has been made to limit its Moscow service to licensed cars and share data with the city authorities
- Google has lost its anti-monopoly appeal in Russia over ‘obligatory’ pre-installation of Android apps
- Mail.Ru Group has open sourced the ICQ messenger
- Mail.Ru Group has completed the sale of HeadHunter; Goldman Sachs said to be among new shareholders
Governments and Policy
- 3D-printed Siberian satellite is ready for a space launch
- Latvia has chosen its official hashtag: #StartinLatvia
- Russian state-backed company Roselectronica plans to release a smartphone priced under $200 within the next three years
- Russia’s Ministry of Telecom and Mass Communications will spend some €65 million on supporting local software developers
- TechMinsk Investor Night: Some startups to keep an eye on
- How Russians of varying ages use the Internet: A research for international marketers
- Leaving the past behind: an interview with Skoltech president Alexander Kuleshov
- Five Lessons Lithuania’s Vinted Learnt Whilst Raising €50M in Capital
- Carrier billing in 2016: Central & Eastern Europe market report by Fortumo