AI & Big Data

One year after People.ai became a unicorn, its Ukrainian founder helps coordinate donations from Silicon Valley

While some Ukrainian employees feel guilty about leaving their country in wartime, People.ai’s founder Oleg Rogynskyy believes there are several ways to serve Ukraine from abroad. Rogynskyy himself helps coordinate contributions from the Silicon Valley tech community in favour of Ukraine, he said in an interview with Financial Times (see excerpts in TechUkraine.org). With “a gut …

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Ukrainian army starts using US startup’s facial recognition technology

Ukraine’s defense ministry on Saturday began using Clearview AI’s facial recognition technology, the company’s chief executive told Reuters, after the U.S. startup offered to uncover Russian assailants, combat misinformation and identify the dead. Ukraine is receiving free access to Clearview AI’s powerful search engine for faces, letting authorities potentially vet people of interest at checkpoints, …

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Ukrainian-founded startup Grammarly now valued at $13 billion

What is the value of proper writing skills? Grammarly has a precise answer: $13 billion. This now famous Ukrainian-born startup has just raised more than $200 million in Silicon Valley at this astounding valuation. The funding was provided by  Baillie Gifford, an Edinburgh-based investment firm, and funds and accounts managed by BlackRock, among others.  Grammarly was founded in 2009 by Kyiv natives Aleksey Shevchenko and Maksim Litvin. Its AI-powered software …

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Ukrainian-founded startup raises $3 million to “revolutionize” online image editing

Let’s Enhance, an image processing startup born in Ukraine but headquartered in San Francisco, has just secured $3 million from three VC firms and two business angels. The investor pool included San Francisco-based Chamaeleon, which led the round; Hype Ventures, founded by Swedish-Finnish serial entrepreneur Mathias Eklöf; and Acrobator VC, co-founded by Kiev-based Dutch businessman Bas …

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Ukrainian startup ChoiZy uses artificial intelligence for kids’ career guidance

ChoiZy, a Ukrainian career guidance platform founded in 2019, uses artificial intelligence to help school kids get a better understanding of what a given profession entails. ChoiZy claims more than 18,000 users registered on its Ukrainian platform, with 428 professions featured. The edtech startup has agreed a pre-seed investment with a Ukrainian business angel. Neither …

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The Current Wave: New breed of Ukrainian tech entrepreneurs seek success in global markets, Part 5

Ukraine’s roadmap to an artificial intelligence future

In recent years, Ukraine’s world-class artificial intelligence (AI) industry has become something of a calling card for the country’s booming tech sector. Billion dollar Ukrainian startups including Grammarly and GitLab have managed to establish a global presence while maintaining AI offices in Ukraine. Meanwhile, as word has spread, global tech giants such as Samsung, Google, …

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Ukrainian deepfake startup RefaceAI raises $5.5 million from top Silicon Valley investors

Andreessen Horowitz, a top Silicon Valley venture firm, has led a $5.5 million seed round for Ukrainian deep tech entertainment startup Reface. Other participants in the deal include prominent angel investors across the gaming, music, film/content creation and tech industries, TechCrunch reports. Reface has developed a technology for face-swapping, allowing users to turn their selfies into realistic famous video clips …

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Ukrainian EOS team receives €300,000 grant from European Union

Last week, the Ukrainian team of the US company EOS Data Analytics, which specializes in processing and analyzing GIS data in large amounts, was selected to receive a €308,000 grant from the European Commission as part of a Horizon 2020 consortium.  This EU project, dubbed ‘Goldeneye,’ aims to “implement a unique combination of remote sensing …

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Ukrainian-founded startup vanishes after raising millions from top international investors

Sixa, an American startup with Ukrainian founders, has disappeared from all radars, raising suspicious about the reality of its business. After injecting millions of US dollars in the venture, investors now doubt that any team or products have remained of this startup.  As reported by Telegram channel Russian Venture, Sixa founders stopped contacting its investors, citing German Kaplun of TMT Investments. In mid-2016, this London-based fund with Russian connections invested $300,000 in Sixa at …

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Ukraine startup RefaceAI targets global market with new deepfake technology

Face-swapping technology for images and video is not new. Photos altered using the Adobe Photoshop application have been around for quite a while – and several startups made the news over the past few years with new approaches in this field. Thus, Ukrainian startup Looksery – founded in 2013 – developed an application that does …

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Ukrainian AI technology synthesizes Nixon’s voice in artistic deepfake project

A Ukrainian company called Respeecher has been involved in a deepfake artistic project resurrecting Richard Nixon’s voice. The project features an alternate moon landing speech in 1969 by the US president: it is based on a speech actually prepared at that time in case things would have gone horribly wrong in space – but never pronounced since …

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Ukrainian startup develops AI-based landmine detection system

The Kyiv (Kiev)-based firm Zpoken has developed an experimental system, called Minect.ai, to detect landmines and other projectiles utilizing neural networks.  It can process in real-time visual data streams from multiple sources including drones, robots and smartphones to recognize and pinpoint the location of landmines. “We participated in a military and defense exhibition here in Kyiv, …

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