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Did Russia’s invasion of Ukraine shift digital health funding?
The year in digital health funding started out out in the same way to 2021 but the industry eventually took a tumble. For some, there was a apparent dividing line. “When geopolitical problems arose this 12 months, with Russia attacking Ukraine, a large amount of my [digital health founder] peers truly explained to me that they experienced 100 term sheets pulled the upcoming early morning,” said Adam Pellegrini, CEO and founder of Jasper Overall health, a digital oncology system. “It basically shifted the overall funding dynamic.” Pellegrini said the corporation done a Sequence A spherical in January and has a hard cash runway that will previous up to 30 months.…
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For Russia’s Small Businesses, Instagram Ban Deals a Huge Blow
Woodworking craftsman Roman Golov crafted his business enterprise up from the floor over the past 8 several years. Whittling all the things from rocking horses to Orthodox icons in his backyard in Ivanovo, an industrial city 250 kilometers east of Moscow, the father of two painstakingly grew his company, sometimes slipping back on relaxed safety gigs to pay back his costs. Accruing over 10,000 followers on social media, he was quickly satisfying orders from throughout Russia and from time to time abroad. But at midnight Moscow time on Sunday, it all arrived crashing down. Instagram, the picture and video clip sharing app, was now blocked in Russia, ostensibly for inciting…
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