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Startup News

Startup-Weekenders in Wroclaw will enjoy this beautiful Japanese tea garden.

• Webiny, from Croatia, launched its platform for building ecommerce sites, travel sites, and other webapps. Read on GoalEurope or Webiny blog.
• Campalyst announced seed funding. Read on Arctic Startup
• Yet another VC fund announced in Russia, this time an early stage fund Frontier Ventures. Read on GoalEurope
• Lithuanian BusyFlow won 2nd place at London Web Summit. Read on TechCrunch
• iTraff, the technology company behind SaveUp.pl, opened pre-subscription registrations to their image recognition API.
• 14 projects were launched during Garage 48 Tallinn Music Week.
• ActiveGift, a Ukrainian gift suggestion startup, launched this week. Read on GoalEurope
• Mini Seedcamp Tel Aviv took place on Thursday, including teams from Hungary (Antavo), Slovakia (frogfoot), and Latvia (Magazen).

Poland News (by Szymon Szymczyk, our Poland contributor)

Completely coincidently almost all of the news this week are related to NK.pl, the most popular Polish social network (until it was overtaken by Facebook in 2011).

• NK.pl published information about their income. Surprisingly, despite systematically losing users (mainly because of Facebook), it saw increasing revenues. In the last 12 months revenue has increased by 15% and reached 72,16 mln złotych (17,35 mln euro) with net profit 17,3 mln złotych (4,16 mln euro). It was possible thanks to games and other paid content – their share in revenues increased from 36% in 2010 to 47% in 2011.
• On April 2, 2012, a new incubator program will start, supported by NK.pl. It offers know-how, mentoring, advertisement and services (including IT infrastructure).
• Business angel Marcin Pytel, has invested “several hundred thousand złotych” (1 euro = 4,16 złotych) in Picadilla, a social games developer. The company employs 15 people and is located in Wrocław. Its first project, the game “Shoplife”, was made available on September 2011 on NK.pl and so far it was played by almost 500K players. The next step was to publish the game on Russian odnoklassniki (at the end of February 2012) where it was played by 340K players.
• On May 25-27 another Startup Weekend event will be held in Wrocław, in a quite impressive location.

Lots of insight into Russia this week

• Insightful GigaOM interview with Marina Treshchova, CEO of Fast Lane Ventures. Read on GigaOM
• A look at what might be happening with mail.ru. Read on GigaOM
• A great thorough piece on going global by Natasha Starkell. Read on TechCrunch
• Sarah Lacy is on a reporting trip in Russia. Keep an eye on her articles.
• Lots of insight into the daily deals market in Russia. Read on Arctic Startup
• Top 10 hottest Russian internet startups according to Venture Village. Read on Venture Village

Jobs

• Check out new job listings at Piano Media, Workinfield, and LogMeIn in Bratislava and Budapest on Eastist Jobs!