Crowdfunding

Ukrainian startup pre-sells next-gen modem to 2,474 Indiegogo backers

Ukrainian startup Nect Modem, which is developing a ubiquitous LTE connectivity solution, has raised $267,170 from 2,474 Indiegogo backers – nearly nine time as much as the initially $30,000 target. The backers pre-paid a discounted $119 for the modem, which is scheduled for shipping in September 2020. The startup promises “a reliable connection across 208 …

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Ukrainian startup invents world’s first smart food container, crowdfunds $90,000

There may soon be no need for microwaves in office kitchens anymore, because a Ukrainian startup has invented a smart food container which can heat food, boil water, make smoothies and even keep ice cream cold on the go. Called Neoven and founded by Ukrainians in Tel Aviv, this startup has already crowdfunded nearly $90,000 on U.S. …

Ukrainian startup invents world’s first smart food container, crowdfunds $90,000 Read More

2018 Eastern Europe and Central Asia Tech Investment Overview

Tech investment volumes in Eastern Europe and Central Asia were modest last year, if compared with the Chinese, US or Western European markets. However, 2018 was marked by giant corporate deals involving international players while a series of smaller venture transactions illustrated the diversity of the regional startup scene. In this review, which encompasses Russia, …

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Ukrainian entrepreneurs raised over $2 million from crowdfunding in 2018

Over the past few years, Ukrainians have actively made use of crowdfunding platforms to develop their project. Ukrainian tech blog AIN.UA has identified 15 of the most successful crowdfunded projects in 2018. They raised more than $2 million in total, often overreaching their initial crowdfunding targets. These projects were: Feel VR ($500,000 raised); Ugears ($460,000 raised); …

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Delfast e-bikes go the distance

As the old adage goes, “necessity is the mother of invention.”  And nothing could be truer than with the development of the Delfast e-bike. Delfast CEO and founder Daniel Tonkopiy wanted to solve a problem.  He needed a new iPhone immediately and couldn’t get one delivered for three days in Kyiv, Ukraine. And at that …

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Ukrainian-US startup creates smartmount for smartphones, crowdfunds $125,000

A Ukrainian-American startup has created a smartmount for hands-off control of smartphones, and crowdfunded $125,000 on Kickstarter to develop it, while pitching for only $40,000. Called QLYX, the company is developing a contraption that sticks to any surface, and can itself hold a smartphone with a magnet, allowing users hands-off control of the apps on their device.

Beautiful Ukrainian mechanical models attract undreamt amounts via Kickstarter

Ugears, a Ukrainian startup offering wooden 3D puzzles for adults and kids, has raised nearly $300,000 from 2,954 Kickstarter backers – far above its crowdfunding goal of $15,000. The funding will be used to finance Ugears’ new model Hurdy-Gurdy, which is presented as “the world’s first mechanical musical model for self-assembly and play.” In addition, the …

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BrainBasket Foundation launches crowdfunding campaign for educational program

BrainBasket Foundation, a Ukrainian NGO dedicated to IT education, has launched an Indiegogo crowdfunding campaign with a flexible goal to raise $50,000 for its national education program Technology Nation in two months. “We want to demonstrate that Ukraine and its potential in IT is a global matter, as the future developments created by our graduates …

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Finnish-Ukrainian startup crashes Indiegogo’s payment system to make “first-ever crowd-developed computer”

Eve-Tech, a Finnish startup co-founded by a Ukrainian-born entrepreneur, has attracted more than $1.2 million on Indiegogo for its “first-ever crowd-developed computer,” far above its modest crowdfunding goal of $75,000. The crowdfunding activity was so intense that it crashed the Indiegogo payment processing backend, said Eve-Tech to its thousands of backers: “That’s why some of you had troubles making …

Finnish-Ukrainian startup crashes Indiegogo’s payment system to make “first-ever crowd-developed computer” Read More

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