The incidence of foodborne illnesses is a growing global problem. Just in the United States, the Center for Disease Control and Prevention (CDC) estimates that annually “1 in 6 Americans (or 48 million people) gets sick, 128,000 are hospitalized, and 3,000 die of foodborne diseases.” A startup headquartered in Kyiv (Kiev), Ukraine, BIOsens, is actively …
Ukraine has come a long way since 2009 when the natural gas crisis with Russia threatened to shut down the nation’s economy and freeze into submission its population of 44 million. Today, the country has greatly decreased its previous direct dependence on Russia for natural gas with its ability to purchase Gazprom’s output from the …
Sirocco Energy develops linear wind turbines to make cities greener Read More
In a business traditionally dominated by the manual processes of freight brokers, digital freight matching seeks to squeeze out longstanding inefficiencies and hidden fees. It is a supply-chain technology that is fairly new and will potentially change the broker-carrier relationship. Stakh Vozniak, the CEO and co-founder of the Ukrainian startup Cargofy, hopes to play a …
From Estonia, to India, to the USA, Ukrainian startup automates freight matching Read More
How will Ukraine, which has been historically known as the “breadbasket of Europe” because of its major production of agricultural products, including especially wheat, seize the opportunities of the revolution occurring today in advanced countries in the field of food technologies? As new startups and innovators are disrupting how food is produced, distributed, sold and …
Lviv business school and New York accelerator aim to promote FoodTech in Ukraine Read More
Village Capital is a Washington, D.C.-based non-profit venture capital firm focused on solving real-world problems. MetLife is a global provider of insurance, employee benefits and financial services. Its non-profit MetLife Foundation utilizes grantmaking to help low-to-moderate income families gain access to safe and affordable financial products and services. The two non-profits will host their first in …
Two US non-profits to support Ukrainian fintech startups Read More
With a staff of 9-10 people in Kyiv and 3 people in London, Vimes is a boutique consultancy that connects British and EU VCs and investors with Ukrainian tech and IT startups. The typical investment in a company is £50,000-£100,000 of seed capital. Dmitriy Gilgur founded the firm in 2012; he began as a solo consultant initially focused …
How a Ukrainian consultant built a bridge between Ukrainian startups and UK investors Read More
According to a 2017 overview of the Ukrainian investment market released in May 2018 by the Ukrainian Venture Capital and Private Equity Association (UVCA) in partnership with Deloitte, a total of $259 million in venture capital investment was made in technology and IT companies from Ukraine or with Ukrainian roots. This was a three-fold increase over …
Two new public-private funds to support tech startup financing in Ukraine Read More
On June 18, five Ukrainian tech startups had the opportunity to pitch their products to a VC and investor group of 60 people in New York City. The event was organized by Razom IT and the US Department of Commerce SABIT Program. The non-profit Razom has provided young Ukrainian entrepreneurs a venue to engage with a New …
Razom IT and SABIT hold VC pitch night New York City for Tech Startups from Ukraine Read More
Competition in the smart-home security field heated up in February 2018 with the Amazon announced acquisition of California-based Ring, an outdoor home-security company founded in 2012 by the entrepreneur James Siminoff. The cost of Amazon’s acquisition is estimated at more than $1 billion. Inc. Magazine reported in January 2017 that home security systems would amount …
Ring Ukraine: The R&D engine powering home-security firm ring Read More
The US Department of Commerce (USDOC) International Trade Administration established the SABIT program in 1990 to promote the economic restructuring of countries from the former Soviet Union. There are several group programs within this initiative including Health Care and IT. The SABIT IT tech startup program recently chose 18 participants for its June 2018 executive …
USDOC SABIT IT 2018 program picks tech startups from former Soviet Union Read More
On April 25 at the iForum in Kyiv, Ukraine, six winners were chosen from 12 semifinalists and 97 initial project submissions in the first MBioS Challenge. This Ukrainian biomedical startup competition was organized by the Ukrainian NGO Innovation House and the venture capital firm Borsch Ventures. The winners were chosen in three categories: projects at …
MBioS Challenge reveals top Ukrainian biomedical startups Read More
The 6th New Ukraine investment conference will be held in Kyiv, Ukraine, on May 15-17. This annual event organized by the investment firm Empire State Capital Partners features panel discussions with members of the international and local business communities as well as government representatives. Industries covered include: agriculture and food; venture capital, technology and blockchain; conventional …
