Ukraine Digital News - The international resource on Ukrainian tech industries

New fund to turn Ukraine’s e-commerce potential into scalable reality

November 15, 2013

Earlier this month, the Moscow-based management company Flint Management launched a venture fund dedicating to developing e-commerce in Ukraine. This move comes just weeks after the company announced the creation of Flint Capital, a $35 million fund with a large high tech investment focus in Russia and Ukraine. Christened ‘Bull Ventures,’ the new fund has …

New fund to turn Ukraine’s e-commerce potential into scalable reality Read More

Divan.TV launches worldwide for 300-million Russian and Ukrainian language audience

October 23, 2013

Divan.TV, a Ukrainian developer of OTT middleware and pay TV channels with 125,000 users in Ukraine, has made its programs available worldwide, targeting Russian- and Ukrainian speaking audiences. According to the company, this audience reaches about 80 million households in total, including 16 million in Ukraine, 32 million in Russia and more than 30 million …

Divan.TV launches worldwide for 300-million Russian and Ukrainian language audience Read More

Online education, e-commerce and entrepreneurship discussed in Kiev by investors and startups from all over the world

October 23, 2013

As in the previous years, the 2013 IDCEE conference attracted to Kiev, Ukraine earlier this month an impressive number of investors, startup entrepreneurs and IT professionals from over 45 countries (see videos). The core topics of this year’s conference were online education, e-commerce, and entrepreneurship in Brazil. The event – which took place in a huge …

Online education, e-commerce and entrepreneurship discussed in Kiev by investors and startups from all over the world Read More

TA Venture Managing Director and IDCEE organizer Viktoriya Tigipko: “Kiev is an entry point for international VCs for Central and Eastern Europe”

October 4, 2013

Not only is Mrs Tigipko one of these exquisitely educated and beautiful ladies one can meet in Kiev, she also is an inexhaustible source of ideas and energy when it comes to innovation and venture activity. In a mere three years, she has transformed a Kiev event, IDCEE, into the international face of the East-European startup and venture scene. …

TA Venture Managing Director and IDCEE organizer Viktoriya Tigipko: “Kiev is an entry point for international VCs for Central and Eastern Europe” Read More

IDCEE 2013: Kiev meeting point for US tech veterans, Eastern European startups, global VCs – and Brazilian guitar players

September 24, 2013

Since its inception in 2010, Kiev’s IDCEE has asserted itself as the leading tech event for Central and Eastern Europe’s investors and startups (see last year’s report by East-West Digital News). A rare phenomenon in such events, investors – coming from all parts of Europe and from as far away as the USA and India …

IDCEE 2013: Kiev meeting point for US tech veterans, Eastern European startups, global VCs – and Brazilian guitar players Read More

$100 million Russian fund Maxfield Capital invests in Java application hosting platform Jelastic

September 10, 2013

Last week Palo Alto, California-based startup Jelastic, which offers a cloud-based hosting platform for Java application developers, announced that it has secured an investment from Maxfield Capital, a $100 million Russian venture fund that focuses on the IT and Internet segments. The startup, which has Ukrainian and Russian roots, also announced the appointment of Silicon …

$100 million Russian fund Maxfield Capital invests in Java application hosting platform Jelastic Read More

Google shuts down Quickoffice’s offices in Russia and Ukraine

May 16, 2013

Google has cancelled its contract with Doctor Mobile, the developer of the mobile applications for the Quickoffice service. Google acquired Quickoffice, which is headquartered in Dallas, Texas, in June last year for an undisclosed sum. Now, less than a year later, Google is shutting down two of its offices, namely in Saint Petersburg (Russia) and Kharkiv (Ukraine), where more than …

Google shuts down Quickoffice’s offices in Russia and Ukraine Read More

Almaz, Runa and TA Venture team up to establish Ukraine’s first IT-focused grant fund

April 17, 2013

Three major venture capital funds, Moscow-based Runa Capital and Almaz Capital as well as Kiev-based TA Venture, in conjunction with BIONIC Hill innovation park, Ukraine’s first innovation park, are joining forces to establish the Global Technology Foundation (GTF). Ukraine’s first grant fund specifically devoted to IT, the foundation will provide pre-seed stage grants and support for promising …

Almaz, Runa and TA Venture team up to establish Ukraine’s first IT-focused grant fund Read More

Smart bank card provider IQcard raises $2.5 million from Russian and Ukrainian funds

March 13, 2013

IQcard, a Moscow-based startup offering multifunction bank cards, has raised “more than $2.5 million” in a Series A round from Paradigm Investments and TA Venture, as well as from existing investors Fastlane Ventures and Direct Group. Neither the exact amount of investment nor the startup’s valuation were disclosed. Launched in March 2012, IQcard offers a prepaid bank …

Smart bank card provider IQcard raises $2.5 million from Russian and Ukrainian funds Read More