Suite Story launches in London
Three weeks back, Latvian AirBNB for luxury apartments Suite Story launched in New York. From February the service is also available in London. Founded by Dmitrii Beliakov from Latvia, Suite Story is changing the way discerning travelers search and discover luxury suites. Powered by a machine learning algorithm and high-quality content, SuiteStory curates a bespoke booking experience for savvy travelers looking to book more than just a standard room.
The startup is now raising funding and plans to launch in another 19 cities in 2016.
Founder of Reach.ly announces a new startup
One of Latvia's first startups, co-founder of Reach.ly and TechHub Riga coworking space Ernests Stals has called it quits for Reach.ly and launched a new startup. Drawing on experience acquired at Reach.ly and with the team he gathered, Ernests expects the new venture to be better thought-through.
While working on Reach.ly, we noticed that e-commerce analytics process is still very labor-intensive, even where it shouldn't be. Drawing on our intimate experience with e-commerce data, we have builtDripit.io - a solution that tracks hundreds of data points and picks up patterns and trends for e-retailers.
Best investments of the year announced
Latvian Venture Capital Association (LVCA) and Latvian Business Angel Network (LatBAN) hosted the first "Year's investor" ceremony in Latvia this week. Main titles were won by these investments/investors:
4. Legal consultant of the year was awarded to COBALT for several notable acquisition deals, including the sale of Rigas Piensaimnieks.
Find out more here (in Latvian).
Google will now also support TechHub Riga
This week TechCrunch reported that TechHub HQ inUK will expand its partnership with Google and Google for Entrepreneurs program to its three other locations: Latvia, Romania and India. Google has been a TechHub sponsor since 2010 — it teamed up with the organization to open its Campus London facility in 2012 — and now the relationship is extending beyond the UK, Poland and Spain to bring benefits to other TechHub members worldwide.
TechHub members in India (Bangalore), Latvia and Romania now have access to a range of resources offered by Google for Entrepreneurs: including its network of mentors, international demo days, exchange programs, and Google Cloud Platform credit for startups that quality.
Read the full story here.
BitFury supports women in Afghanistan learning to code
World's most funded Bitcoin mining infrastructure provider BitFury, co-founded by Valery Vavilov from Riga is supporting women of Afghanistan in overcoming location, gender and religion stereotypes about coding. Code to Inspire event this week gathered tens of participants, sparking interest in more learning and joining the digital economy workforce.