ProCEEd #86 > Vector acquired by Fitbit, 500 Startups won’t launch in Russia, Alibaba eyes logistics centre in Bulgaria

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Welcome to today’s edition of the ProCEEd > Newsletter! With seven deals and 13 other news stories, the tech scene of Central and Eastern Europe is taking on a rhythm after the winter holidays. Catch up with the recent news below, and please do share this newsletter with anyone who needs to keep up with what’s going on in the region.

Enjoy reading and have a great week!


Vector Watch, a Romanian-UK startup, has been acquired by Fitbit

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Alibaba considers a European logistics centre in Bulgaria
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Startups & Ecosystems

Funding Rounds and M&A

Bigger Companies

Governments and Policy

  • Moscow-based ZecurionAnalytics security consulting agency has ranked Russia’s ‘state hacking services‘ as one of the five best cyber armies in the world
  • Rusnano in discussions with Asian and Middle-Eastern investors to launch new tech funds

Long Reads


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