Counter-Strike: Global Offensive is one of the most popular multiplayer first-person shooter games around, and the unofficial CS:GO world title now belongs to Natus Vincere (NAVI), a team based in Kyiv comprising Russian and Ukrainian players. In the final game of the latest Major Championship tournament (held in Stockholm over the past two weeks), NAVI …
Russian-Ukrainian eSports team claims world title in Kyiv Read More
Foreign businesses and investors call Ukraine an inspiring country: Despite years of economic difficulties, it still manages “to create technology that is both scalable and global,” reads StartupBlink’s just released annual report on startup ecosystems. According to the report, Ukraine ranked 34th in the list of 100 startup-friendly countries — it lost five points compared …
Report: Ukraine ranks 34th among world’s best countries for startups Read More
U.S. ride booking company Lyft has confirmed its plans to open a research and development center in Kyiv, Ukrainian tech media Dou.ua reported on May 25. Lyft wants to hire at least 80 local tech specialists, in addition to 20 techies that the company already employs in Ukraine. Lyft’s R&D center in Kyiv will focus on improving …
US taxi service Lyft to open R&D center in Kyiv, hire techies Read More
Earlier this week OVO, a Kyiv-based fruit and vegetable delivery service, received $150,000, a non-negligible amount by local standards. The funding was brought by Ukrainian investment firm TA Ventures and private investor club IClub. Launched during the lockdown in the spring of last year, the startup already generates some $110,000 in monthly turnover, according to …
Kyiv delivery service OVO raises $150,000 from local investors Read More
On December 21 Very Good Security (VGS) a San Francisco startup with substantial activity in Ukraine, raised $60 million in a funding round led by Vertex Ventures US, one of the company’s earliest investors. Other existing investors, including Goldman Sachs (GS Growth) and Andreessen Horowitz (a16z), also took part in this Series C round, Fortune …
Ukrainian marketing agency Fedoriv Group has invested in fruit and vegetable delivery service OVO. Neither the amount nor the terms of the investment, which was reported by the local media in late October, were disclosed. OVO expects Fedoriv Group to help them develop a new brand style and launch a large-scale advertising campaign. Fedoriv Group …
Bolt, an Estonian transportation service startup with global traction, has just launched its food delivery service in downtown Kyiv (Kiev). ‘Bolt Food’ offers meal delivery from over 150 restaurants, from fast food chains to small restaurants. Bolt’s country manager in Ukraine Taras Potichniy said the company’s couriers will start delivering to additional districts of the capital in …
Estonian Bolt launches food delivery service in Ukraine Read More
The European Investment Bank (EIB), a major financial institution of the European Union, has agreed to lend €50 million to UNIT.City, Ukraine’s leading innovation park, to finance an innovation campus. The funds are allocated for nine years through up to 10 tranches with a “very competitive annual interest rate for Ukraine,” as stated by the EIB. The total cost …
Ukraine’s capital Kyiv has been revealed as emerging Europe’s best start-up ecosystem in a new report carried out by Startup Blink, a start-up mapping an research centre. As part of research which looked at 1,000 cities across the globe, Kyiv was named as the 32nd best ecosystem in the world, the eighth best in Europe …
Report: With abundant tech talents, Kyiv startup ecosystem is the best in emerging Europe Read More
Preply, a Ukraine-born private language tutoring platform, is pursuing its international development path with a $10 million round of funding closed in January. According to CrunchBase, the investment consortium was led by London-based venture capital firm Hoxton Ventures with participation from a variety of investors mostly from Western Europe: Point Nine Capital (Germany), Educapital (France), The Family …
Ukraine-born tutoring platform Preply secures $10 million from Western European investors Read More
Reddit, one of the world’s most popular discussion platforms, has opened an R&D office in Kyiv (Kiev), reports local tech blog AIN.UA. The company plans to hire up to 10 people by the end of the year. “Our team can be compared with a startup,” said Pavlo Grozian, a Reddit senior user experience designer based …
The Japanese tech firm Rakuten, which owns the popular messaging app Viber, plans to open a second research and development center in Ukraine, Ukraine’s Digital Transformation Ministry announced late on Feb. 4. The new office will open in Kyiv, expanding on the company’s first location in Odesa, the Black Sea city some 600 kilometers south of Kyiv …
