Last week at the IDCEE international tech conference in Kyiv (Kiev) the Global Technology Foundation (GTF) awarded hardware startup Petcube a grant of 240,000 hryvnias (approximately $18,500). The Foundation’s jury believes Petcube is the best Ukrainian startup, due to the fact that it is now well-known in Europe and the US and that it has …
Amid political turmoil, Russian investors have been involved in four of the five largest investment deals on the Ukrainian startup scene since early 2014. This trend was revealed by an analysis provided by Yevgen Sysoyev of AVentures Capital, a Kyiv (Kiev) based international fund. A $3 million deal involving Gillbus, a bus-ticket software developer, took place in June. Investors included …
Russians still actively invest in Ukrainian startups; Western VCs eye the market, too Read More
In a new illustration of investor interest in Ukrainian e-commerce, Prom.ua, a major B2B and B2C marketplace owned by Poland’s Allegro Group, has aquired Zakupki-online.com, a platform that helps companies organize sales and purchases online without middlemen. The news was reported last week by the Ukrainian online edition of Forbes magazine, which estimates the transaction …
Allegro Group acquires B2B trading platform Zakupki-online Read More
AmazingHiring, a Moscow-based service for finding IT professionals, has attracted $500,000 in a second seed round, with equal contributions brought in by SMRK, a Kyiv (Kiev) based venture fund, and Altair, the seed-stage fund backed by Russo-Austrian serial investor Igor Ryabenkiy. The startup is developing a search engine and browser plug-in for Chrome that recruiters can use …
Kyiv City State Administration is working with Igor Shoifot, chairman of Ukrainian Happy Farm incubator and the U.S. representative of TMT Investments, to open a co-working space in Kyiv, where startup teams will be able to work on their projects free of charge. Existing spaces in the Ukrainian capital charge anywhere from $70 to $200 per …
Kyiv authorities work with American investor to open a free co-working space for startups Read More
Last week Zakaz.ua, a major Ukrainan e-commerce site, secured $2.5 million from Chernovetskyi Investment Group (CIG), an investment company backed by businessman and former Kiyv (Kiev) mayor Leonid Chernovetskyi. A groceries delivery company serving the inhabitants of Kyiv (Kiev), Zakaz.ua was launched in 2010 by Yegor Anchishkin – whose first startup, Viewdle, was acquired by …
E-commerce site Zakaz.ua secures $2.5 million from giant investment firm CIG Read More
After testing its interactive surfaces in restaurants in Cyprus, Dubai and Abu-Dhabi, Ukrainian technology company Interactive Restaurant Technology is set to start working in the United States. The startup, which is a brainchild of another Ukrainian company, Kodisoft, is planning to build three “interactive venues” in San Antonio, Texas, and launch a manufacturing line in …
The out-staffing software development company Ciklum with headquarters in Denmark and seven offices in Ukraine employing more than 2,400 people will soon launch a startup-in-residence program. The company’s CEO and founder Torben Majgaard announced the plan at the UTGem conference in San Francisco on Sept. 18. “We’re going to be offering Ukrainian startups to move into our offices. …
Ciklum to launch a startup-in-residence program in Ukraine Read More
Earlier this month Zaporizhia (Zaporozhye), a city of 770,000 inhabitants in southeastern Ukraine, hosted the first edition of the IT Forum tech conference. Despite being held only 300 kilometers from war-torn Donbass, the atmosphere at the event was peaceful and business-oriented. The convention stood apart with its rich program and the youthful makeup of its attendees. …
Zaporizhia plays host to nationwide tech conference Read More
Ukrainian entrepreneur Oleksii Vitchenko has launched Digital Future, a new investment company which analyses the Ukrainian startup landscape, seeks out the best new projects and takes them to the global market. Digital Future invests in startups at various stages of development, focusing on e-commerce, digital marketing and mobile technology. The company usually looks to invest from …
Oleksii Vitchenko launches seed-stage startup investment fund Read More
This past Thursday, the Ukrainian investment fund Fison announced the winners of its startup contest. In addition to potentially receiving funding from Fison, the four winners will take part in UT GEM, a tech event dedicated to building and tightening ties between Ukraine and the USA. This event will take place on Sept. 18 in …
Fison to push four Ukrainian startups on US market Read More
To stand out among a crowd of budding technology companies, three Ukrainian companies first had to loom above a field of one in five applicants. Three did. Hopeful startups, Izzly, Publicfast, and Settle had their exhibition fees waived to attend a conference in Dublin on Nov. 4-6 where 20,000 entrepreneurs, journalists, and venture fund managers …
Ukrainian startups chosen for Web Summit in Dublin Read More
