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Horizon Capital invests in leading Ukrainian e-commerce site Rozetka

July 17, 2015

Yesterday the Emerging Europe Growth Fund II (EEGF II), a mid-cap private equity fund managed by Kyiv (Kiev)-based Horizon Capital, announced the acquisition of a stake in Rozetka, a leading Ukrainian e-commerce company. The financial details of the deal were not disclosed, but speculations appeared in the media that Rozetka’s valuation could amount to anything between $200 and $700 million, …

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Ukrainian startup Preply joins TechStars in Berlin, receives $120,000 to accelerate development

July 14, 2015

Preply, a platform to find foreign language tutors for home or Skype lessons, has entered the acceleration program of TechStars in Berlin, which the US accelerator launched earlier this year. The Ukrainian startup, which has received $120,000 from the accelerator, will move its headquarters to the German capital.

Kyiv event honors Ukrainian student for technology “superior to those in use at Stanford”

July 9, 2015

As part of Pioneers Festival, Europe’s major startup and investor conference, the PioneersKyiv festival took place at M17 Contemporary Art Center on June 27. The winner was Andrey Maranov, a student of Bogomolets National Medical University, whose startup ARanEd suggests a holistic approach to human skeleton research employing augmented reality technology.

Mobile Monday resumes event activity in Ukraine

July 6, 2015

Resuming activities in Ukraine after two years of interruption, Mobile Monday gathered more than 90 industry professionals at Kyiv (Kiev)’s iHUB on June 25. In addition to mobile developers, project managers, top managers and investors, the event hosted industry figures from such companies as Groupon, ABBYY, Lohika Systems, Intersog, 4shared, Ciklum, Luxoft, PaymentWall. Also attending were Ms. Arja Makkonen, Ambassador of …

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Ukrainian business angels invested $1.6 million in 21 deals in H1 2015

July 1, 2015

While celebrating its first anniversary last week, the UAngel association announced that its members have closed no fewer than 60 deals since the association inception in June 2014. Of these deals, 21 took place in the first six month of 2015, totalling more than $1.6 million, reported Ukrainian tech blog AIN.UA.

Ukraine calls PayPal to make service fully available in the country

June 26, 2015

Following a Facebook campaign and intense lobbying from IT activists, the Ukrainian government is putting public pressure on PayPal to make its payment services fully available to Ukrainian residents. Today PayPal offers a limited set of features in the country: Ukrainians may open a PayPal account and use it to send payments — but not …

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Seed Forum Odessa 2015 to showcase the best of Ukrainian and Moldavian startups

June 12, 2015

A part of a series of international investment conferences in more than 45 countries, Seed Forum Odessa 2015 will take place on June 15 in Odessa, a large city in southern Ukraine and a hot spot on the country’s innovation map. The event will present seven startups from Ukraine and neighboring Moldova. Representatives of the investment community, top executive of …

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EcoisMe launches smart energy-management device, over reaches crowdfunding target

June 12, 2015

Ecoisme, a Ukrainian startup which moved its headquarters last year to Poland, has launched its device to “track energy usage of any device, get tips to reduce it and alerts about devices left turned on.” Presented as “the world’s most intelligent home energy monitoring system,” the Ecoisme device is currently available on Indiegogo, where it …

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Two Ukrainian startups join TechStars in Boston, with Kwambio obtaining $650,000

June 11, 2015

Two Ukrainian startups, Kwambio and GVMachines, have entered the 3-month-long summer program at the TechStars accelerator in Boston, joining a class that includes 12 teams from various countries. Ukrainian tech blog AIN.UA has learned that Kwambio has also obtained $650,000 from TechStars and business angels. The amount of investment for GVMachines has not been reported.

Ukrainian smart home-security startup raises $1 million from local fund SMRK

June 8, 2015

After falling by nearly half last year, is the Ukrainian venture market showing some signs of recovery? Just weeks after Clickky, a mobile-marketing app service headquartered in Odessa, raised $2 million, here comes Ajax Systems, maker of smart devices for home security, announcing that they have raised $1 million from SMRK. This injection of capital …

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How Microsoft is helping Ukrainian government and academia with IT amid political and business instability

June 4, 2015

In October 2014 Nadiya Vasylieva was appointed the new head of Microsoft’s Ukrainian division, while Dmitry Shimkiv, who had served as Microsoft’s Ukraine chief since 2009, joined the presidential administration to carry out reforms. In an interview with The Kiyv Post and Ukraine Digital News, Ms. Vasylieva commented on the group’s situation in Ukraine, its cooperation …

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80% of Ukrainian schoolchildren want to study programming or are already studying it – Survey

May 29, 2015

More than 60% of Ukrainian schoolchildren would strongly like to study programming, while another 18.5% of young respondents indicated that they already study it independently. According to the survey of the association “IT Ukraine” among students, only 5% responded that they have no interest in programming. The survey also revealed that an astounding 55.6% of …

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