Startups

Ukrainian entrepreneurs and investor want to disrupt UK’s car finance industry

Last week a Ukrainian co-founded, UK-based fintech announced the completion of its £15.5 million Series A round. A bevy of top venture funds were involved, including Jaguar Land Rover’s investment arm InMotion Ventures, US-based fintech specialists QED Investors, Athens-based VentureFriends and Kyiv-based u.ventures. Co-founded in 2021 by Ukrainian and UK entrepreneurs (Igor Gordiichuk, Amy McKechnie, Aidan Rushby …

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US-based, Ukrainian-founded AI startup raises $3 million three months after launch

AiSDR, a US startup founded by two Ukrainian entrepreneurs in August 2023, has just raised $3 million to develop its AI-powered sales support solution.  “Just like a human SDR, AiSDR will reach out to your prospects on your behalf and engage them in personalized conversations with the goal of booking a meeting for you,” claims …

US-based, Ukrainian-founded AI startup raises $3 million three months after launch Read More

u.ventures teams up with Dutch investor to back global print-on-demand major Cloudprinter

Cloudprinter, “the leading global print[-on-demand] platform,” partly based in Ukraine, has just secured a round of funding with hopes of becoming a unicorn.  The fresh funding is coming from u.ventures — a fund launched in 2017 by WNISEF with the support of USAID to back startups in Ukraine and Moldova, — Dutch investor Brabant Development Company, …

u.ventures teams up with Dutch investor to back global print-on-demand major Cloudprinter Read More

After two decades of US attraction, Europe is becoming a new haven for Ukrainian startups

Is the focus of internationally-oriented Ukrainian startups switching from the USA to the European Union? This could be an unexpected result of Russia’s war on Ukraine, which started in Feb. 2022.  Traditionally, the better part of globally-oriented Eastern European startups moved their headquarters and a substantial portion of their activities to the USA. California was their main …

After two decades of US attraction, Europe is becoming a new haven for Ukrainian startups Read More

Ukrainian DeFi startup secures $3.5 million from international investors

In spite of the recent market downturn, investors have not lost their faith in the future of decentralized finance (DeFi). Illustrating this, Stroom, a Kyiv-based startup developing a liquid staking protocol, has just raised $3.5 million from international investors.  Stroom’s protocol bridges the Bitcoin Lightning Network (LN) with Ethereum Virtual Machine (EVM)-compatible blockchains. According to the …

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US market leader acquires Ukrainian-founded HR performance software startup

Earlier this month Peoplelogic, a leading US platform for “organizational success in the future of work,” announced the acquisition of Plai, a Ukrainian-founded startup headquartered in Los Angeles. Neither the amount nor other details of the transaction were disclosed. Founded in 2019 by Ukrainian entrepreneurs Andrii Bas, Sasha Chepurnoi and Oleh Kryvytskyi, Plai has developed a people …

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Ukrainian AI startup gets $500,000 from Andreessen Horowitz to “Accelerate Games x Tech”

A Kyiv-based startup called Zibra AI is among the 32 participants — out of 1,600 applicants — in the first batch of Speedrun. Launched recently by Andreessen Horowitz (a16z), this accelerator aims to stimulate entrepreneur-led innovation in the gaming industry, which is often dominated by large companies. The Silicon Valley venture firm has committed up …

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Live language learning platform Preply secures $70 million to bring AI to human teaching

The US-headquartered online tutoring platform Preply — one of the most famous Ukrainian tech success stories — has raised $70 million from top investors. This is an extension of Preply’s $50 million Series C of last year, combining equity and debt (60% and 40%, the company told TechCrunch).  The round was led by Horizon Capital, the Ukrainian PE/VC giant through its new fund HCGF IV, …

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After raising $550,000, this Ukrainian startup wants to bring drones to US farmers

FarmFleet is developing a “Robotics-as-a-Service” marketplace for farmers and their service providers. This will create new opportunities to perform or manage a variety of field operations involving drones and robots, optimize and adapt them to “changing weather conditions, limited resources and seasonal peak periods.” FarmFleet’s platform initially focuses on the use of spraying drones. The …

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European Commission allocates €20 million to integrate Ukrainian startups to EU ecosystem

Nearly one year after initial announcements, an EU-backed €20 million program to support Ukrainian high-tech startups is starting to take shape.  Earlier this week, the European Commission announced the winner of its competitive call. A “pan-European network of startup associations, enterprise support centres, incubators and accelerators” will be formed to help Ukrainian innovators integrate into …

European Commission allocates €20 million to integrate Ukrainian startups to EU ecosystem Read More

Ukrainian startup secures $1 million to counter online disinformation

Ukrainian VC firm SMRK has injected $1 million in Osavul, a company launched last year “to protect society from disinformation and manipulations from malicious actors.” “The world has faced a powerful wave of propaganda and narratives discrediting Ukrainians and its struggle. New technologies — such as large language models like ChatGPT — make it easier …

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Ukrainian-founded neobank company raises $22 million in the UK

The Ukrainian-founded, UK-based neobank company Fintech Farm has completed a $22 million Series B round, AIN.Capital reported last week — the second capital injection in a bit more than one year, following a $7.4 million round in early 2022.  The new round was led by UK fund Nordstar with participation from Chrome Capital, whose General Partner, …

Ukrainian-founded neobank company raises $22 million in the UK Read More

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