Jane Kuhuk - Ukraine Digital News

PrivatBank launches business incubator for first-time entrepreneurs

October 5, 2016

Last month PrivatBank, a major Ukrainian bank, launched a business incubator allowing entrepreneurs from all fields, including high tech, to jump start their business from scratch. The incubator will operate as part of ‘Country of entrepreneurs,’ the bank’s national program for enterprise development and job creation. This program aims to create no less than one …

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Telemedicine makes its first steps in Ukraine

October 4, 2016

Botkin.pro, which claims to be the first telemedicine service in Ukraine, started operating last month, as reported by Ukrainian tech blog AIN.UA. The service offer includes online remote medical consultations by videoconferences with an online appointment booking system. It is now available on desktop computers and Android-powered devices. An iOS app will be launched by the end …

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Robo Wunderkind, a robotics startup with Ukrainian and Kazakhstani roots, raises $500,000 from European investors

September 27, 2016

Last week Robo Wunderkind, whose robot aims to provide kids with an easy way to learn coding and robotics basics, secured $500,000 from an international consortium of investors. The round was led by Warsaw-headquartered Arkley VC with participation from angel investor Juergen Habichler as well as Austria Wirtschaftsservice, an Austrian federal development and financing bank for the …

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Ukrainian-founded Allset secures $2.35 million from Ukrainian and American investors

September 22, 2016

Earlier this week Allset, a mobile app helping restaurants cut dining time in half by allowing customers to pre-order their meals, has secured a $2.35 million seed round. The roud was led by New York-based venture capital firm Metamorphic Ventures with participation from Andreessen Horowitz and FJ Labs as well as previous investors Alexander Chernyak, …

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US government fund WNISEF to invest $5 million in Ukrainian IT startups

September 14, 2016

Western NIS Enterprise Fund (WNISEF), a $150 million regional private equity fund backed by USAID to invest in Ukraine and Moldova, intends to inject at least $5 million in Ukrainian IT startups. “We have been authorized to launch a new fund to support startups in the IT sector,” WNISEF President and CEO Jaroslawa Johnson was …

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Horizon Capital becomes majority shareholder in Ukrainian telecom operator

September 13, 2016

Last week Horizon Capital, a Kyiv (Kiev)-based private equity fund manager, announced that it had increased its stake in Datagroup, a major Ukrainian independent telecom operator, from significant minority to over 70%. Horizon Capital will assume operational control of the company. When contacted by Ukraine Digital News, the fund declined to disclose any further details.

Ukrainian students win Google app challenge

September 13, 2016

On August 30, Ukrainian developer team Turbo Rocket Games won Google’s 2016 AdMob Student App Challenge with its online animal simulator game Dragon Sim Online. The winning team consists of just four members — Vladimir Duchenchuk, Serhii Dotsenko, Yaroslava Girilishena and Iliya Bakurov, — who are students or graduates from National University of Kyiv-Mohyla Academy.

Ukrainian visual effects distinguished at MTV Video Music Awards

September 5, 2016

Ukrainian-made visual effects won the best visual effects nomination at MTV VMA 2016. Designed by Gloria FX, a company based in Dnipro, the winning visual effects were used in Up&Up, a music video by British rock group ColdPlay. The video was shot in Kyiv (Kiev) and New York, reports Ukrainian tech blog AIN.UA.

Online Instagram school opens in Ukraine

September 2, 2016

Instaschool, the first international online Instagram-school in Ukraine, is being launched in the Ukrainian capital by the digital marketing agency Citrine. The project “will teach you how to build a strategy from scratch and achieve real results” to “increase Internet sales or get inspiration inspiration to develop your Instagram business.” With a variety of courses of up to …

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US computer data storage company launches R&D activities in Ukraine

August 17, 2016

Earlier this month Violin Memory, a Silicon Valley-based company based that designs and manufactures computer data storage products, announced a strategic partnership with GlobalLogic, a leader in digital product development services. The GlobalLogic engineering center in Kyiv (Kiev) has already begun working with Violin Memory on software QA. Operations will be expanded to other areas of …

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Playtika acquisition: 600 Ukrainian IT specialists to work for Chinese investors

August 11, 2016

Last month a consortium of Chinese investors led by Shanghai Giant Network Technology Co. agreed to acquire Playtika, the social and mobile gaming branch of Caesars Entertainment Corp., in an all-cash deal of $4,4 billion. Almost half of Playtika’s staff — 600 out of 1,300 employees operating globally — work in Ukraine, noted Ukrainian high tech blog AIN.UA.

Nova Poshta improves e-commerce deliveries from US online stores to Ukraine

August 8, 2016

Last week Nova Poshta, Ukraine’s leading e-commerce shipping company, launched ‘NP Shopping,’ a mail forwarder service allowing Ukrainians to make purchases in more than a hundred US online stores. Ukrainian online shoppers need to enter product reference data on the NP Shopping website. The item will be delivered within just five days.