ProCEEd #21 (September 14–20, 2015)


Another week, another ProCEEd > newsletter to help you catch up with the tech news from Central and Eastern Europe.

The past week has brought quite a number of news, including Snapchat’s acquisition of Looksery for $150 million, GitLab’s new $4 million funding round, as well as a couple of interesting Kickstarter projects and legal/governmental stories. Don’t forget to check out the long reads at the end, they’re well worth reading.

Enjoy the newsletter, and have a great week!


Snapchat has acquired image processing startup Looksery for alleged $150 million, making it the biggest deal for a Ukrainian tech startup so far


Yota Devices has entered into an agreement with ZTE that will see the Chinese company manufacturing the next generation YotaPhone 3

Startup news

VC news

  • Russian VC fund Maxfield Capital has led a funding round for US-based fintech startup Pave
  • Ukrainian investment firm Digital Future has invested $200,000 in local gamedev studio Missin Games

Bigger companies

Government and law

Long reads

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