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Startup & VC News - Wednesday, June 18, 2025: AI Megadeals and Defense Tech Fuel Venture Market Growth
... corporations, and entrepreneurs to develop technologies.
Despite the difficult environment, individual deals are still happening in the region. For example, the fintech startup Investbanq from Kazakhstan recently attracted about $3 million, and the Russian company ARS Smart Robotics received about 249 million rubles at the pre-IPO stage to expand its business. Although the scale of these rounds is incomparable with the multi-million dollar deals of Silicon Valley, the local venture market is gradually ...