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
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, …
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
In the tech age, the hallmark of a well-organized conference is a branded mobile application for the event, through which conference-goers can chat, swap contacts and information, check out the conference agenda, register for get-togethers, and more. One of Ukraine’s most promising startups offers a customizable mobile app called Attendify to do all of that, …
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
Flawless App, a Ukrainian service which allows “a real-time comparison of expected and implemented design of a mobile app” with the help of iOS simulator, has attracted an investment from Ukrainian entrepreneur Oleksandr Kosovan. The news was announced by the startup’s co-founder Ahmad Sulaiman on Monday.
Last week PrivatBank, Ukraine’s major innovation-friendly bank, announced the launch of Apple Pay, Apple’s mobile payment and digital wallet service, for its cardholders in Ukraine. The service is available to holders of both credit and debit cards, Visa or Mastercard. Presenting the service as “one of the most expected payment innovations in Ukraine,” Dmytro Krepak, Acting Group Country …
