Global contest Seedstars to showcase Ukraine’s best startups

A variety of Ukrainian startups will take part in Seedstars Ukraine, a nationwide competition, which will be held subsequently in Lviv (Lvov) (September 29-30), Odessa (October 7) and Kyiv (Kiev) (October 13).

The final race for regional winners (four best startups per city) will be held on December 7 in Kyiv (Kiev).

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Solve.care acquires Ukrainian company to develop global healthcare platform on Blockchain

The Estonia-based company Solve.Care Foundation is launching today an ICO to develop “a global platform on Blockchain for decentralized administration of benefits and coordination of healthcare in the US and globally.”

To develop this project, Solve.Care Foundation acquired last month Ukrsoft, a software company with Ukrainian roots but serving essentially US clients. The Ukrainian company had already implemented a number of projects for US-based healthcare providers, which may be involved in the Blockchain platform.

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US-Ukrainian startup raises $5.3 million to automate SMB back-office finance operations

Last week YayPay, a San Francisco-based fintech startup with Ukrainian roots, announced the completion of a $5.3 million round of funding.

The round was led by QED Investors along with co-investors Birchmere and Fifth Third Capital, the direct equity investment subsidiary of Fifth Third Bancorp, with support from 500 Fintech Fund, Aspect Ventures, Gaingels, Techstars, 408 Ventures and Zelkova.

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EU and EBRD start €1 million program to support Ukrainian clean energy projects

Six Ukrainian companies have been chosen as recipients of Climate Innovation Vouchers (CIVs), a new mechanism aimed at the development and improvement of technologies reducing greenhouse gas (GHG) emissions and improving energy consumption in Ukraine.

Businesses and consultancies from Kiev, Dnipro and Lviv will receive vouchers worth €160,000 in total for innovations ranging from the introduction of new construction materials to the application of modern billing systems.

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This Ukrainian startup wants to help you eat healthy

Some cool food startups are now emerging from Ukraine – a country which has been traditionally known as the farming superpower of Eastern Europe.

Recently we reported on AgriEye and Drone.ua. The previous offers a full-cycle land farming solution; the latter is an integrator of unmanned technologies which aims to become the largest provider of drone services for agriculture in the country.

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German development fund backs Ukrainian SMBs

Last month, DEG, the German Investment and Development Corporation, announced that it will provide a total of $10 million to the Emerging Europe Growth Fund III (EEGF III) to support Ukrainian SMBs.

The EEGF III fund – whose target size in $150 million – invests into export-oriented industries, in particular in the fields information technology, light manufacturing and food.

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Mastercard launches incubation program for fintech startups in Ukraine

Mastercard has teamed up with 1991 Open Data Incubator, Ukraine’s first incubator for Open Data projects launched in early 2016, and National Bank of Ukraine (the central bank, or NBU) to launch a free incubation program for fintech startups. The program kicks off in October and will last till January 2018.

Dubbed ‘Fintech Master,’ the initiative aims to develop innovative fintech solutions based on open data provided by a variety of financial institutions, including the NBU, and Mastercard’s technological solutions.

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Google rolls out flight booking search service in Ukraine

Google has rolled out its web service for searching for and booking airline flights in Ukraine. Called Google Flights, the service was available to Ukrainians before on Google’s main site, but starting from Sept. 6 the U.S. tech giant launched it on the Ukrainian domain “.com.ua” offering an interface in Ukrainian and prices in hryvnias, the country’s national currency.

The online flight booking search service supports the purchase of airline tickets through third-party suppliers.

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Local and international players to discuss blockchain technology in Kyiv (October 12)

On October 12, the Ukrainian capital will host the fourth edition of the international Blockchain & Bitcoin Conference Kiev, a leading industry event. Some 1,000 attendees from Ukraine and neighboring countries, as well as from Europe and the USA, are expected.

The conference will bring together local and international experts, developers, investors and blockchain startup founders.

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Ukrainian-US startup creates smartmount for smartphones, crowdfunds $125,000

A Ukrainian-American startup has created a smartmount for hands-off control of smartphones, and crowdfunded $125,000 on Kickstarter to develop it, while pitching for only $40,000.

Called QLYX, the company is developing a contraption that sticks to any surface, and can itself hold a smartphone with a magnet, allowing users hands-off control of the apps on their device.

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