Startups

Ukrainian programmers raise $100,000 from Deutsche Telekom for energy saving solutions

Krakow-based Ecois.me, a provider of hardware and software for energy saving, has snagged $100,000 in seed investment from T-Venture, an innovation fund of Germany’s Deutsche Telekom. Run by a team of Ukrainian programmers, the startup intends to monetize energy consumption reduction. Ecois.me plans to sell specially designed sensors to customers who keep track of their household power consumption, …

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15 Ukrainian startups selected at Dublin’s Web Summit – but come back home without prizes

Every year the tech world gathers in Dublin at the Web Summit to meet and learn from the people changing the world, faster and further than any generation in history. The conference is Europe’s largest tech event with Internet technology as its primary topic. This year it brought together 22,000 attendees, including companies from the Fortune …

15 Ukrainian startups selected at Dublin’s Web Summit – but come back home without prizes Read More

Ukraine’s energy tech start-ups blooming in the fields

Ukraine’s inefficient energy sector leaves it vulnerable to being stretched over a barrel – literally – by Russia. Roman Zinchenko says the answer lies in start-ups. “We don’t believe only presidents and prime ministers can solve this. Let’s treat the problem of this country as a start-up – and invite people to hack solutions for this.” He has begun a …

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Russia’s Imperious Group injects $250,000 in Ukrainian startup Multitest to conquer Western markets

In a new illustration of the maintained interest of several Russian funds in Ukrainian startups, Imperious Group has invested $250,000 in Multitest, a Kiyv (Kiev) -based startup that helps Internet users choose their ISP. The funds will be used to redesign the platform and penetrate new markets. The startup’s founder Artem Beloded is considering, in …

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How American VC Bill Reichert inspired a Ukrainian startup’s rap-style investor pitch

Dating service WishDates read out a rap to a potential investor and published it on YouTube. The team is looking for as much as $1.5 million. Last year, the startup claimed to have attracted millions of users and started generating revenues with zero advertising budget. However, the service needed investors and not stingy ones. “We …

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Looksery founder Victor Shaburov: “Our technology is the future of video communication”

Last week Looksery, a startup originated from Odessa, Ukraine, with offices in San Francisco, released its first mobile app, which has already gained popularity in Mexico, Ukraine, Greece, Russia, Brazil, Chile and some other countries. Designed for iOS devices, the application enables users to simulate their appearance for a photo or video chat in real-time. You can make the face thinner, change …

Looksery founder Victor Shaburov: “Our technology is the future of video communication” Read More

Ukrainian startup Petcube delays shipment of product again, hires new head of marketing

Perhaps the most famous Ukrainian hardware startup, Petcube says the release of its remote laser pointing pet-playing device is now at least six months behind schedule. Selling at a pre-order price of $179 on crowdfunding platform Kickstarter, the group said the latest delay – deliveries are scheduled now for the end of November, – was …

Ukrainian startup Petcube delays shipment of product again, hires new head of marketing Read More

Ukrainian VCs invest in spying drones, energy analysis and “the art of dreaming”

Last week, Kyiv (Kiev) Polytechnic Institute (KPI) hosted the final of Sikorsky Challenge 2014, a contest that attracted innovative projects working in the startup incubator and the science park at the institute. Investors have developed an interest in many of the finalists, to the point that deals or intentions to invest were announced during the competition. …

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Alexander Olshansky launches military startup incubator

Prominent Ukrainian entrepreneur Alexander Olshansky and partners have opened a business incubator in Ukraine called Voenkubator, which can be translated as “Armincubator.” The project is planned exclusively to develop startups that show promise for the military and intelligence fields, Ukrainian tech blog AIN.UA reports. Voenkubator targets startups that develop information processing and retrieval, image processing, monitoring …

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Maidan revolutionary releases app for creating video-maps of the world

Ukrainian developers have released VideoMap, a free mobile app that allows owners of Android smartphones and tablets to create their own maps and add photos and videos, reports tech blog AIN.UA. On the map, these photos and videos are identified with special icons, which will allow the user to see what was shot in a particular …

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