TMT Investments invests $300,000 in US-Ukrainian cloud computing startup

Yesterday TMT Investments announced a $300,000 capital injection in Sixa, a San Francisco-based company founded last year by Ukrainian entrepreneurs Mykola Minchenko and Ievgen Nechaiev. 

Sixa has developed a “personal computer in the cloud” intended for developers, designers and gamers, “capable of running the most demanding applications.”

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American Councils

American Councils invites Ukrainian startups to international edtech accelerator (deadline: Sept. 16)

American Councils for International Education is pleased to announce the opening of our application for global education technology startups interested in exploring collaborations and accessing U.S. innovation networks.

American Councils welcomes applications from Ukrainian startups. This organization has a history of implementing successful programs with participating startups from Eastern Europe in the field of education technology, biomedical technology, and engineering.

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NBU simplifies settlements for purchases of services and IP rights

The National Bank of Ukraine (NBU) has abolished the requirement for Ukrainian residents to obtain a price evaluation act to make cross-border payments for the purchase of services and IP rights from foreign residents in the amount exceeding €50,000. The central bank’s decision took effect on August 19, 2016.

Previously, such price evaluations were delivered by the State Research and Information Centre for Monitoring International Commodity Markets (Derzhzovnishinform).

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“Innovating Justice Boostcamp” to showcase Ukraine’s most innovative legal and justice ventures (Sept. 28)

The Ukrainian tech and legal communities are cordially invited to the Innovating Justice Boostcamp, an event organized by the Hague Institute for Innovation of Law (HiiL) in Kyiv (Kiev) on September 28.

This event will highlight the Ukrainian semi-finalists of HiiL Justice Accelerator. It will feature pitches by the eight most innovative legal and justice ventures in Ukraine, carefully selected from more than 40 applicants.

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Russian ad tech provider GetIntent enters Ukrainian market

GetIntent, an international programmatic technology solution provider with Russian roots, is coming to Ukraine, Russian tech blog Firrma reported last week. The company will offer its solutions on the Ukrainian market via a local partner, Programmatic Media.

Founded in 2013 by Russian mathematicians George Levin and Vladimir Klimontovich, the company moved its headquarters to New York city one year later, while keeping its development center in Moscow.

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Violin Memory

US computer data storage company launches R&D activities in Ukraine

Earlier this month Violin Memory, a Silicon Valley-based company based that designs and manufactures computer data storage products, announced a strategic partnership with GlobalLogic, a leader in digital product development services.

The GlobalLogic engineering center in Kyiv (Kiev) has already begun working with Violin Memory on software QA. Operations will be expanded to other areas of product development starting from this month, according to Violin Memory’s press release.

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Ukrainian railways

Ukrainian railways company to sell tickets via smartphone app

Ukraine’s state railway network administrator, Ukrzaliznytsia, plans to develop its own mobile application to sell train tickets, its chief executive officer has announced.

CEO Wojciech Balczun said during an Aug. 10 meeting with representatives of the American Chamber of Commerce that Ukrzaliznytsia plans to launch an Android app to selling railway tickets by the end of 2016, Interfax-Ukraine reports.

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Playtika acquisition: 600 Ukrainian IT specialists to work for Chinese investors

Last month a consortium of Chinese investors led by Shanghai Giant Network Technology Co. agreed to acquire Playtika, the social and mobile gaming branch of Caesars Entertainment Corp., in an all-cash deal of $4,4 billion.

Almost half of Playtika’s staff — 600 out of 1,300 employees operating globally — work in Ukraine, noted Ukrainian high tech blog AIN.UA.

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HP Ukraine

Hewlett-Packard’s corporate venture fund eyes Ukrainian startups

Last month HP Tech Ventures, the venture arm of the US computer company launched in May, joined the Ukrainian Venture Capital and Private Equity Association (UVCA).

The fund has not opened an office in Ukraine, but has appointed Vitaliy Golomb to represent its interests in the country. The fund is “delighted to support the growing startup ecosystem of Ukraine,” stated Golomb.

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Nova Poshta

Nova Poshta improves e-commerce deliveries from US online stores to Ukraine

Last week Nova Poshta, Ukraine’s leading e-commerce shipping company, launched ‘NP Shopping,’ a mail forwarder service allowing Ukrainians to make purchases in more than a hundred US online stores.

Ukrainian online shoppers need to enter product reference data on the NP Shopping website. The item will be delivered within just five days.

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