AVentures Capital, a major Ukrainian investment fund, and Ukraine Digital News, today released “The Deal Book of Ukraine” – the first-ever report on the Ukrainian venture and startup industry. Made available in English, this 120-page study features more than 250 deals that have been made public or identified since 2012 and involved more than one thousand startups. Also …
Odessa-based Kaznachey (Russian for “Treasurer”) has developed a cloud-based processing platform for Internet sites and mobile applications which allows users to purchase goods and services with any legal currency (bank cards, through self-service terminals, or by credit) as well as through sellers to be paid by account or by card. The startup has obtained $50,000 …
Polish incubator Next.Step invests $50,000 in Ukrainian startup Treasurer Read More
Ukrainian Post, the national postal operator, intends to speed connections with the United States and United Kingdom for cross-border e-commerce shipments, the online business publication Delo.ua reported last week. The Post’s general manager Mikhail Pankiv noted increasing interest among Ukrainians towards online purchases from abroad, with shoppers primarily looking towards companies from China, the UAS and …
Ukrainian Post to speed delivery of purchases from the UK and US Read More
Earlier this week Readdle, an Odessa, Ukraine-based startup operating globally, released the app “PDF Office,” a new flagship product, in the AppStore. This app is a mobile PDF editor that enables users to create and edit PDF directly on an iPad. Users can also make annotations, convert files from different formats to PDFs, and to scan …
Ukrainian startup challenges Adobe with app “PDF Office” Read More
Last month, Ukrainian startup QROK, which has developed a mobile app for navigation within buildings and malls, received a capital injection of half a million US dollars from an unnamed Estonian investment company. “The investor will launch its activities officially across the CIS in a few weeks, and it might be a big surprise for …
Business angel practice — a term that covers a variety of individual situations and approaches — has grown slowly but noticeably over the past few years in Ukraine. Not only did the political tumult of this year not stop this development, 2014 even saw the creation of a dedicated association, UAngel, along with that of UVCA, which gathers venture capitalists. UAngel chairman Natalia …
How business angel practice is emerging in Ukraine Read More
A new professional association has emerged in Ukraine in Digital Ukraine, an association of IT systems integrators. Joining the association are 12 IT players which operate in the Ukrainian market. Members of the association include key system integrators, such as AMI, BMS Consulting, Inkom, Integrity Vision, IT-Solutions, KM Ware, ProNET, System Integration Service (SIS), S&T, …
IT systems integrators launch Digital Ukraine Association Read More
Launched in 2010 in Russia, Imperious Group began investing in Ukrainian startups last year. Regardless of the political tumult, the fund’s interest in this market was maintained this year to such an extent that has it has become one of the most active funds in Ukraine with more than $3 million invested so far. This …
International game developer Gameloft is opening a second office in Ukraine. The company has operated in Kharkiv (Kharkov) since 2007, but now announces plans to open a Lviv (Lvov) location. Evgeniy Birenbaum, HR manager at the company’s Kharkov office, said that the company intends to hire 50-100 new employees at the Lviv office, with the …
Game developer Gameloft opens office in Lviv for 50-100 new employees Read More
The European Bank for Reconstruction and Development plans to launch a fund with a volume of $50 million-$60 million early in 2015 to invest in Ukrainian high-tech companies, according to EBRD director for Ukraine Sevki Acuner. As reported by Interfax.ua, the volume of the fund is expected to be around $50 million-$60 million. The structure …
EBRD considers launching tech fund of up to $60 million for Ukrainian companies Read More
GBKSOFT, a team of mobile app developers from Zaporizhia (Zaporozhye), has released a game for iOS devices called Defend Ukraine. The app, which is available i Ukrainian, Russian and English languages, can be purchased in AppStore for $0.99. All money from sales will be sent to Wings Phoenix, a volunteer organization that supports the Ukrainian …
Patriotic game created in Zaporozhye with proceeds to go to the army Read More
In California, Ukrainian developers have launched the startup JetMe, a service which allows users to reserve and pay for flights on private jets to any point around the globe. One of the startup’s founders is Yuriy Romanyukha, an associate for Russia-based fund Imperious Group. Almost immediately after the project launched, JetMe obtained $400,000 in funding …
