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 …
Ukrainian EOS team receives €300,000 grant from European Union Read More
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 …
Ukrainian-founded startup vanishes after raising millions from top international investors Read More
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 …
Ukraine startup RefaceAI targets global market with new deepfake technology Read More
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 …
Ukrainian AI technology synthesizes Nixon’s voice in artistic deepfake project Read More
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, …
Ukrainian startup develops AI-based landmine detection system Read More
UiPath, one of the fastest-growing and most heavily-funded enterprise software companies in the world today, has acquired StepShot, a Lviv, Ukraine-based startup that specialises in automated process documentation. Terms were not disclosed, but AIN reports that the transaction was part cash, part equity, and that StepShot was hitting almost $500,000 in annual revenue from hundreds of customers. Startup Wise …
UiPath acquires Ukrainian automated process documentation startup StepShot Read More
Just seven months after a previous $30 million Series B, People.ai, a San Francisco-based startup with Ukrainian roots, announced earlier this week it raised twice as much from prestigious Silicon Valley investors. The Series C funding was led by led by ICONIQ Capital with participation by Andreessen Horowitz, Lightspeed Venture Partners, GGV Capital and Y Combinator. ICONIQ …
American-Ukrainian startup People.ai raises $60 million from top Silicon Valley funds Read More
Ring, the much-hyped US startup which develops outdoor home-security solutions and was acquired by Amazon in 2018, is known for having opened an R&D office in Ukraine in 2016. Located in Kiev (Kyiv), this facility integrates computer vision, artificial intelligence and machine learning technologies into the company’s products, as reported a few months ago by Ukraine …
Note: This story has been updated following new elements brought by one of Teleport’s founders Snapchat has hired some of the best developers of Teleport, a startup launched by tech entrepreneurs from Ukraine, Estonia and Russia. The US company is also said to have acquired the processing image technology developed by this company, which claims it …
Snapchat reportedly buys Teleport’s technology, woos its best developers Read More
People.ai, a San Francisco-based startup with Ukrainian roots, announced today it raised $30 million in a Series B funding led by Andreessen Horowitz (a16z). Also participating in the round were Series A investors Lightspeed Venture Partners (lead), GGV Capital, and Y Combinator. The details of the deal have not been disclosed, but the company said it …
On March 10, Lviv, a major city in Western Ukraine, will play host to annual AI&Big Data Day, an international conference about the latest developments in the field of artificial intelligence and Big Data. The event will bring together 40 speakers and nearly 350 data scientists, developers, startup entrepreneurs, researchers, engineers, investors and AI enthusiasts …
Experts from East and West to gather in Lviv to discuss AI and Big Data Read More
Earlier this week Neuromation, a Blockchain and distributed synthetic data platform for deep learning applications, announced that it sold 60 million of its tokens just eight hours after the start of its public sale. This brings the amount raised during both the pre-ICO and ICO campaigns to the total equivalent of $50 million. Contributors from …
Neuromation raises $50 million through ICO “to democratize the AI industry” Read More
