The European Bank for Reconstruction and Development (EBRD) has announced that it will allocate €1 million to Ukrainian businesses developing or adopting eco-friendly technologies in 2017 and 2018.
The funding will be provided in the framework of the Finance and Technology Transfer Centre for Climate Change” (FINTECC), a technology transfer program which the EBRD is launching in Ukraine.
CallPage, a Polish startup with Ukrainian roots, has attracted €1 million in yet another round of investment from Polish venture fund bValue. The news was reported by Ukrainian tech blog AIN.UA last week.
The investment will be used primarily to develop services in Poland and Western Europe, says the fund in its press release.
Senstone, a Ukrainian-designed AI-powered wearable voice recorder, reached its fundraising goal of $50,000 just 36 hours after the launch of its campaign on Kickstarter. It has even been listed among the top 20 most popular projects in all categories.
As of today, Senstone has attracted nearly $63,000 from 677 backers.
Earlier this week Luxoft, a NYSE-listed provider of software development services and innovative solutions and a part of Russia’s IBS Group, announced the acquisition of IntroPro. The details of the transaction have not been disclosed.
Established in 2008, IntroPro is an engineering consultancy that employs development teams in Ukraine to serve essentially clients in North America. Its expertise covers consulting, architectural design, development as well as quality assurance services for enterprise systems and embedded systems (devices) software development.
BrainBasket Foundation, a Ukrainian NGO dedicated to IT education, has launched an Indiegogo crowdfunding campaign with a flexible goal to raise $50,000 for its national education program Technology Nation in two months.
“We want to demonstrate that Ukraine and its potential in IT is a global matter, as the future developments created by our graduates can benefit anyone in the world,” BrainBasket’s PR manager Andrii Petrunia told Ukraine Digital News.
Earlier this month SoftServe, a major IT outsourcing company headquartered in Lviv (Lvov), Western Ukraine, announced that it has acquired Coders Center, a privately-held enterprise technology firm headquartered in Poland. The terms of the deal remain undisclosed.
“Coders Center brings valuable experience in the implementation of enterprise content management systems, and this acquisition supports SoftServe’s strategy to strengthen our platform and cross-vertical industry expertise,” said Brian Borack, SoftServe’s COO.
Last week Sixa, a San Francisco-based startup which has developed developed a “personal computer in the cloud,” closed a $3.5 million round of seed funding.
According to the company’s press service, the round was led by Californian fund Tandem Capital with participation from Ukrainian funds Digital Future and Horizon Capital, Gagarin Capital, a fund with Russian roots, as well as Social Capital, Presence Capital, Rising Tide Fund, and other unnamed investors.
Founded in 2015 by three students from Odessa, Southern Ukraine, Mevics has developed a wearable gadget to “control your posture and take care of your health” and ultimately open “the new age of healthcare.”
Ukrainian company Polyteda Cloud has attracted €1.2 million in funding from Horizon 2020, the EU’s biggest research and innovation program, which has nearly 80 billion euros of funding available over seven years until 2020.
Polyteda will use the funding to roll the product onto the European market and promote itself on it.
Finnish-Ukrainian startup crashes Indiegogo’s payment system to make “first-ever crowd-developed computer”
Eve-Tech, a Finnish startup co-founded by a Ukrainian-born entrepreneur, has attracted more than $1.2 million on Indiegogo for its “first-ever crowd-developed computer,” far above its modest crowdfunding goal of $75,000.
The crowdfunding activity was so intense that it crashed the Indiegogo payment processing backend, said Eve-Tech to its thousands of backers: “That’s why some of you had troubles making payment.”