Investments into Serbian startups soared more than 600% in 2021

bne IntelliNews June 22, 2022

Serbian startups attracted over $135mn of investments in 2021 – more than six times as much as in the previous year.

Uzbekistan’s IT sector on fire and targeting the vast US market

Ben Aris in Berlin June 18, 2022

One country’s brain drain is another country’s gain. In the competitive business of IT outsourcing, Uzbekistan wants to wind up on the right side of that equation.

EWDN: Yet another Ukrainian-founded unicorn: airSlate raises more than $50mn in the US

East West Digital News in Kyiv June 17, 2022

airSlate (formerly known as pdfFiller), a Boston-based business automation software publisher, announced it secured $51.5mn in a deal that values airSlate at $1.25bn on June 16, East West Digital News reports.

Wargaming opens studios in Belgrade and Warsaw after pulling out of Russia and Belarus

bne IntelliNews June 15, 2022

Wargaming closed its studios in Russia and Belarus following the military invasion of Ukraine, and is now adding new studios in Central and Southeast Europe.

Serbia to deploy drones to follow high-speed trains after stonings

bne IntelliNews June 14, 2022

Minister threatens vandals with eight-year prison sentence and plans to send drones to track high-speed trains on the Belgrade-Novi Sad line.

How Ukraine’s tech companies adapt to wartime after breaking records in funding in 2021

Adrien Henni of East West Digital News in Paris June 7, 2022

AVentures Capital, one of Ukraine’s top venture firms, has just released a new edition of its Dealbook of Ukraine. Each year, this publication offers an overview of the deals and trends involving Ukrainian and Ukrainian-founded tech companies.

Estonia expected to have more than 100,000 e-residents in 2022

bne IntelliNews May 29, 2022

Since Estonia launched its e-residency programme at the end of 2014, it has already attracted more than 92,000 e-residents.

Paysend invests in Serbia with new European tech centre

bne IntelliNews May 27, 2022

UK-based Paysend says it wants to help put Belgrade on the map as the next fintech capital of Europe.

Bulgaria’s Dronamics to launch drone cargo airline

bne IntelliNews May 26, 2022

Dronamics to scale up its operations and run its first commercial flights out of Malta and Italy later this year.

Ukraine's IT hub is thriving in Transcarpathia

bne IntelliNews May 25, 2022

Transcarpathia has become Ukraine’s new IT hub as a cluster of 11 companies has officially begun working in the south-western region, Ukraine Business News reported on May 24.

Iran may be heartbeat away from first unicorn

bne IntelIiNews May 24, 2022

Ride-hailing app Snapp! said to be near to claiming $1bn valuation.

Albania’s notorious ‘TikTok judge’ sacked

bne IntelliNews May 19, 2022

A media storm erupted in Albania when videos on Tik Tok showed Enkelejda Kapedani posing in designer clothes in her office and driving a BMW.

Hungary’s leading IT firm teams up with Rheinmetall to develop digital combat system solutions

bne IntelliNews May 17, 2022

JV with 4iG aims to develop digital combat system solutions as well as ground and flight simulation systems for the provision of the most modern soldier training.