Last week PrivatBank, Ukraine’s major innovation-friendly bank, announced the launch of Apple Pay, Apple’s mobile payment and digital wallet service, for its cardholders in Ukraine. The service is available to holders of both credit and debit cards, Visa or Mastercard. Presenting the service as “one of the most expected payment innovations in Ukraine,” Dmytro Krepak, Acting Group Country …
U.Ventures, a venture investment fund launched in late 2017 by WNISEF, has just announced a $1.5 million investment in three Ukrainian startups: YouTeam, 3DLook and Pufetto. The terms of the deal have not been disclosed. The funding will be used to improve their products, expand their teams and scale up. YouTeam, a marketplace for hiring remote software …
U.Ventures invests $1.5 million in Ukrainian startups Read More
In theri strive to go global, many startups with Ukrainian take advantage of international acceleration programs situated in advanced tech markets. Thus PromoRepublic, a startup founded in Kiev in 2013, is perhaps the country’s most globalized startups, having joined and completes no less that four acceleration programs from Estonia, to Chile, to Finland and the USA (see case …
Hong Kong, Israeli and US accelerators help Ukrainian startups go global Read More
Nordcurrent, a Vilnius-based game publisher, has acquired Blam! Games Studios, a game development company based in Odessa, Southern Ukraine, the Lithuanian company announced in late April without disclosing the amount of the deal. As part of the deal — which comes after four years of cooperation — Blam! Games will become Nordcurrent’s third studio, coming in addition to Vilnius and …
Lithuanian game publisher acquires Ukrainian game studio Read More
On April 20, the sixth edition of the Ukrainian E-commerce Awards, the annual ceremony to honor top Ukrainian e-commerce players, was held in Kyiv (Kiev). Over 300 Internet projects participated in the contest. The winning companies were chosen by online vote by some 15,000 customers among a list of companies pre-selected by the jury.
Earlier this week AVentures Capital, a major early-stage venture capital fund based in Ukraine, announced an investment from Danish businessman Torben Majgaard, the founder of Ciklum, a major software engineering company operating globally from its main office in Kyiv (Kiev). Neither the form of Majgaard’s participation nor the exact amount of his contribution have been disclosed. …
Ciklum founder backs AVentures Capital to support globally-oriented Ukrainian startups Read More
PatentBot, a Ukrainian-founded startup offering “the first legal chatbot” to check and register a trademark via Facebook messenger, has expanded its service to 28 countries of the European Union. Founded just a year ago by Nataly Vladimirova and Valentin Pivovarov, who was previously involved in two other legaltech startups, this young US-headquartered startup claims over …
Ukrainian-American trademark registering app expands to 28 EU countries Read More
Earlier this month Ukrainian startup DreamTeam, which touts itself as “the world’s first infrastructure platform and payment gateway for eSports and gaming,” announced an investment from Mangrove Capital Partners, a leading Western European venture fund, as part of its ICO. As part of the deal, David Waroquier, partner at Mangrove Capital and a pioneer in investment in …
Ukrainian eSports startup DreamTeam attracts leading Western fund to its ICO Read More
Earlier this month the EBRD announced its intention to provide a seven-year multicurrency loan of up to €9.5 million to Nova Poshta, Ukraine’s largest privately owned postal service provider company with 2,300 branches across the country. The money will be used to build a new, automated cross-docking parcel sorting terminal in Khmelnitskiy, western Ukraine, as …
EBRD lends €9.5 million to improve Ukraine’s postal logistics infrastructure Read More
On Wednesday YouScan, a social media software startup with Ukrainian and Russian roots, announced the acquisition of BrandSpotter, a leading social media monitoring service in Russian-speaking countries. The parties did not specify the amount of the deal, but announced that the BrandSpotter technology and trademark have been transfered to YouScan.
Last month in the US Walmart began selling AR-enhanced books from US publisher Little Hippo with technology provided by Live Animations, a US-Ukrainian augmented reality startup. These books include Little Red Riding Hood, The Three Little Pigs, The Velveteen Rabbit, and Masha and The Three Bears, with 250,000 copies in total.
On February 26, AVentures Capital, a major early-stage venture capital fund based in Ukraine, announced that it acquired a minority stake in CoreValue, a Ukraine-based IT outsourcing company. The amount of the deal has not been disclosed. “We are glad to partner up with the leading salesforce developer in CEE and one of the fastest growing …
AVentures Capital enlarges investment focus, backs IT outsourcing company CoreValue Read More
