Germany-based Quantum Systems, which sells surveillance drones that are being used by Ukraine, raised €180M, tripling its valuation to €3B since May
the German defense company's valuation rose to €3 billion Cate Lawrence / Tech.eu : Quantum Systems' €180M Series C extension lifts company to €3B+ Vishal Singh / Silicon Canals : Germany's Quantum Sy...
Dealroom: 230+ European defense tech startups have launched since Russia's invasion of Ukraine, driven by interest in drones, as investors foresee a shake-out
Sylvia Pfeifer / Financial Times :
Russia's Ukraine war spurred a new generation of defense tech investors and startups like Helsing, applying a profit-driven model to Europe's military buildup
Patricia Cohen / New York Times :
A profile of Skydio, the US' largest drone maker, after its first batch of drones proved disappointing in Ukraine and it competes with Chinese makers like DJI
Bloomberg :
Nebius Group, previously Yandex NV, says it will resume trading on Nasdaq on October 21, after being halted following Russia's February 2022 invasion of Ukraine
Nebius Group, previously Yandex NV, says it will resume trading on Nasdaq on October 21, after being halted following Russia's February 2022 invasion of Ukraine
Andreessen Horowitz raised $7.2B, including $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4%
I am pleased to announce that we have just raised $7.2B … TechCrunch : Andreessen Horowitz's $7.2B new funds for a ‘new era’ Giuseppe Ciccomascolo / CCN.com : AI Investment from Andreessen Horowitz to...
Elliptic: pro-Ukraine causes received $200M+ in crypto donations in 2022, including $80M+ sent to Ukraine's government; pro-Russian entities got less than $5M
Scott Chipolina / Financial Times :
Elliptic: pro-Ukraine causes received $200M+ in crypto donations in the last year, with $80M+ sent directly to Ukraine's government; Russian entities got ~$5M
Plus updates on all the big names, including Binance and FTX … Crypto's impact on geopolitical issues does not often make for uplifting reading.
A look at Ukraine's thriving tech sector amid war; National Bank of Ukraine: tech firms brought in $3.1B in revenue from January to May 2022, up from $2.5B YoY
David Segal / New York Times : Tweets: @dlepeska and @moatazr Tweets: David Lepeska / @dlepeska : Daryna Hameliak, who generates leads at Avenga, once hastily ended a sales call at her parents' home ...