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It’s been hectic lately with travels and we might have missed some ecosystem rumours you all like to read. But you can help – here is what we want to cover, and TP community is keen to learn about:
- Talent leaving scale-ups and starting something new
- Investors and founders performing (or misbehaving)
- Startup teams showing progress – adding a top hire, breaking into a new market. signing a major customer, launching new product, etc (we do find news in between your press release schedule – don’t hesitate to get in touch even if it’s not a “big enough” update in Sifted / VZ standards)
- Job openings, especially executive level and early stage startup
Work in progress
- Marius Jakulis Jason foundation joins Unicorns.lt initiative to support Teachers Lead Tech – becoming one of the largest investors.
- Harper’s Bazaar on the Knotty Ones – and how they support female artisans in rural Lithuania
- Trafi on achieving carbon neutrality. They also just launched newest multi-city MaaS platform in the Solent Region of the UK, making Trafi the largest provider of MaaS services worldwide
- Industry draws in suppliers – Sorainen want to do legal on every larger deal, Orion will provide free help for equity accounting/stock options.
Rounds and capital
- Contra lands USD 30 m series B investment; and here’s how Gajus arrived to US and co-founded it during pandemic
- Back in September, Azur Games invested $ 2.2 m into Neosus, a mobile app development studio from LT, for a 15% stake. They have released Call Recorder, Translate Me, Scanner PDF, Second Phone Number and other apps. Looks like another HQ moved to Vilnius – very welcome!
- After winning sTARTUp Day, Vsight (based in LT) secures investmentfrom Kristjan Raude, Kristjan Novitski and EstBAN Angel syndicate and others (so what’s the total?)
- Baltic founders are hungry for success. Ampler bikes (EE) secures EUR 7.4 m investment, Latvian Whimsical takes $ 30 m from Accel to accelerate growth (podcast on Pursuit of Scrappiness). You would need another coffee if we list all Baltic rounds weekly.
- Practica Capital reported to raise new fund next year – 1.5x or 2x larger (paywall). Video interview with Donatas Keras (in LT)
- Startup Wise Guys raising up to EUR 52.5m across three funds (paywall)
Founder guides
- European micro-VC funds on a Twitter thread
- New American Dream – from sleeping in a car to $74 m series C – story of getting PMF and first customers with Lambda School
- Fundraising docs – quick summary on what to get ready
- How to waste your career, one comfortable year at a time
- Writing in public, inside your company
Blog posts
Insights
- A new study argues that insufficient infrastructure doomed the first electric cars
- If Paysera built office space, how it would look like? Sorry design is rather subjective
- Big tech recruitment. An eng created a fake CV with Instagram, Zillow, LinkedIn, Microsoft and Berkeley on it, all details being nonsense. Got 60% response rate
- UK Unicorn Companies
Roleplay
- DappRadar – Integrations and Partnerships Executive
- FittyAI – Machine Learning Intern
- Outfunnel – Product Designer (Tallinn)
- Memby – Influencers Marketing/Partnerships Manager
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