Education & training

New ‘Tech Bridge’ aims to develop Ukrainian tech talent in Japan

Stand with Ukraine Japan, Le Wagon Tokyo, Virtusize and Nextblue have announced the launch of the Japan-Ukraine Tech Bridge initiative, with the purpose of building opportunities for business collaboration and mutual benefit in short- and long-term for Japan’s and Ukraines tech sectors.   As the first step, a Scholarship has been set up with the aim of providing support for …

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Ukrainian VC Genesis backs Estonian edtech startup 99math in $1 million funding round

Ukrainian venture firm Genesis Investments  has led a $1 million round of investment in Estonian edtech gaming startup 99math. The other participants in the round are Estonian VC fund Change Ventures as well as five angel investors from leaders at companies including Bolt, Transferwise, and Pipedrive. Neither the individual contributions of deal participants nor the terms of the …

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

Best Ukrainian startups invited to participate in international survey

RA Capital, a startup and VC research agency, has teamed up with eō Busines Incubators and Ukrainian Startup Fund to track the recent developments of Ukraine’s startup ecosystem and highlight 30 of the country’s most exciting startups. A first-of-its-kind survey aims to “identify potential unicorns” and to “analyze the impact of startup ecosystem development on …

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Innovative science and technology center opens in Kramatorsk with UN and EU support

A new STEAM (Science, Technology, Engineering, Arts, Mathematics) education centre has opened in Kramatorsk, Donetsk oblast, under the UN Recovery and Peacebuilding Programme, partially funded by European Union. The centre will be a unique place for young people interested in technological innovations, and will aid in the professional development of teachers, who will actively apply the principles of …

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Belarusian entrepreneur finds safe harbor in Ukraine, raises $300,000 to develop edtech startup

EduDo, an edtech startup with Belarusian roots, has closed a $300,000 funding round led by the Ukrainian venture firm Adventures Lab with participation from Cyprus-based venture studio Embria and Russian business angel Dmitry Vasiliev.  The deal was reported in late April by Ukrainian tech blog AIN.UA, which cited an exchange with a fund representative. The …

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Ukraine-founded language tutoring marketplace raises $35 million for “blitzscaling”

Last week Preply, an international language learning platform founded by three Ukrainian entrepreneurs, announced the completion of an impressive round of financing.  No fewer than 13 investors were involved in this $35 million Series B round, led by Sillicon Valley VCs Full In Partners and Owl Ventures. The other investors are Point Nine Capital (Germany), …

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German and Ukrainian associations launch “Digital Partnership” (first event on March 10)

Leveraging its assets in the fields of IT and digital solutions, Ukraine offers many opportunities for successful business partnerships. Many emerging startups as well as established companies from this country already operate internationally.  To develop this potential through bilateral exchanges, the German Eastern Business Association, NRW.Global Business (the North Rhine-Westphalia trade and investment agency), and the German-Ukrainian Chamber of …

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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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Genesis Investments invests $5 million in e-learning startup AllRight.io

AllRight.io, an e-learning startup with Ukrainian and Russian roots, has raised a $5 million Series A round led by Ukrainian venture firm Genesis Investments, with participation from TMT Investments, TerraVC and existing investors Misha Lyalin and Flashpoint. The latter, previously known as Buran Venture Capital, invested $1.5 million in the startup in March 2019. Founded …

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Ukraine launches TV classes to provide distance education during quarantine

For years, television was seen as a medium that distracted children from studying. Now, nearly a month after Ukraine shut down all schools to slow the spread of COVID-19, the country is using TV to help kids study remotely. The new project is called the All-Ukrainian Online School. Launched by President Volodymyr Zelensky and implemented …

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Genesis Investments puts $1 million in Russian-founded edtech startup

A Kyiv-based venture fund, Genesis Investments , has just injected $1 million in Russian-founded edtech startup IntellectoKids.  The news was reported earlier this week by Rusbase, which cited exchanges with the startup’s press service. The details of the transaction were not disclosed.  Founded in 2016, IntellectoKids presents itself as a media, entertainment and education platform for …

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Government suggests new approach to IT education and industry taxation

Last week Ukrainian Prime Minister Oleksiy Honcharuk revealed a new approach to support and tax the country’s IT industry. During a meeting with representatives of the export-oriented IT industry in Kyiv on Sept. 4, Honcharuk proposed creating a fund for developing the industry’s human capital. Managed by the IT industry itself, the fund would support …

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