When Volodymyr Zelensky ran for the presidency in 2019, he promised to change the tone of Ukrainian politics, which continued to be mired incorruption and backroom deals. One of his key focuses was on using technology to improve both the reality of day-to-day life and Ukraine’s image abroad under the motto of a “state in …
State in a smartphone: Inside Ukraine’s effort to replace bureaucracy with an app Read More
Scalarr, a Ukrainian-founded startup that uses machine learning to combat ad fraud, has raised $7.5 million in Series A funding, as reported by TechCrunch. Scalarr’s Series A was led by the EBRD with participation from OTB Ventures, SpeedInvest and TMT Investments. The fresh money will be used to expand the company’s business in Asia and …
Ukrainian-American startup raises $7.5 million to fight mobile ad fraud Read More
In late December the Ukrainian venture fund Genesis Investments invested $500,000 in a US mobile subscription startup with Ukrainian roots called Adapty. US accelerator 500 Startups and Russian-connected fund AdFirst.VC also took part in the round. The proceeds will be used to improve Adapty’s A/B testing features for paywalls and unit-economics, and to increase the …
Ukrainian-founded startup Adapty raises $500,000 from Genesis Investments and 500 Startups Read More
A Kyiv-based venture fund, Genesis Investments, has led a $1.5 million seed funding round for Belarusian startup Vochi. No further details of the transaction were disclosed. Vochi has developed an app for creative video editing, leveraging a “unique computer-vision based technology.” Neural networks are used to enable the addition of effects to individual objects in a video on a mobile device – “in real time and …
Genesis Investments leads $1.5 million seed round for Belarusian startup Vochi Read More
Allset, a Ukrainian-founded meal ordering startup now headquartered in Silicon Valley, has just raised a $8.25 million Series B round. The EBRD led the round, joined by Andreessen Horowitz (San Francisco), Greycroft (New York City), SMRK VC Fund (Ukraine) and Inovo Venture Partners (Poland). As reported by Tech Crunch, the startup was hoping to secure as much as …
More than five year after Russia took control of the peninsula, the sovereignty dispute between Russia and Ukraine over Crimea is still sensitive for online service providers. As reported by BBC and Reuters, Apple has complied with Russian demands to show the peninsula as part of Russia in its Maps and Weather apps for Russian users. When using Apple Maps from Russian, …
As Ukraine emerged from the recession of 2016, both regulators and service providers committed to bringing high-speed internet services to more of the population and positioning the country as a seat for innovation. With recent LTE deployments from the mobile operators and fixed broadband providers building out fiber offerings, consumers in Ukraine are experiencing unprecedented …
Report: New LTE deployments in Ukraine are bringing faster speeds Read More
Russia’s biggest mobile phone operator MTS said on Monday it had agreed to sell its Ukrainian business to Azerbaijan’s Bakcell for $734 million. The company also said its board had approved a special dividend of 13.25 rubles ($0.21) per ordinary share, or 26.5 billion rubles ($420 million) in total. “Given the small share of our …
Top Russian mobile operator sells Ukrainian business Read More
The average cost to develop a mobile app in Eastern Europe is $23,000 versus $171,450 in the US, according to SmartBrain, a San Francisco-based marketplace for IT contractors. The company analyzed data from more than 400 deals between Eastern European contractors and international startups and found out that developing a new app in Poland, Romania, Russia, …
Building an app in Eastern Europe is 7 times more cost-effective than in the US Read More
A Ukrainian startup has filed a complaint to the European Union’s competition office against U.S. tech giant Apple, a move that has attracted a lot of media scrutiny over the past two weeks. Tech startup Kidslox accuses Apple of abusing its monopoly and “killing the industry” of the parental-control mobile applications, the bread and butter of …
Ukrainian startup sues Apple over unfair competition Read More
For three years, US startup Uber and its Ukrainian counterpart Uklon ruled the local taxi industry with their mobile apps. But recently a strong challenger has appeared: Estonian startup Bolt. In fact, it has re-appeared. Bolt worked in Ukraine in 2016 under a different brand name: Taxify. But it couldn’t withstand the competition and left …
Estonian tech startup Bolt rivals taxi apps Uber, Uklon in Ukraine Read More
It’s cheap to browse the internet in Ukraine while on the go, according to the ranking published by British consumer telecoms analyst Cable.co.uk earlier this month. Ukraine placed 4th out of 230 countries regarding the price of its mobile internet, with data tariffs being cheaper only in India, Kyrgyzstan and Kazakhstan. To compile the ranking, the telecoms analyst …
