Games Category: Games

Ukrainian startup raises over $10 million through ICO to “match the virtual and real economies”

The Ukrainian startup DMarket, which presents itself as the first global marketplace for in-game content, raised almost $11 million, bonus tokens excluded, in just four days through an ICO (Initial Coin Offering) launched in mid-August.

The first million was secured just 17 minutes after the launch of the public token sale, reports Ukrainian tech blog AIN.UA based on its exchanges with the startup.

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Ukraine’s first eSports business conference to be held in Kyiv (Feb. 22)

eSPORTconf UAH, which presents itself as Ukraine’s first eSports business conference, will be held on February 22 in Kyiv (Kiev). The event will bring together entrepreneurs and investors, as well as representatives of the gaming and gambling industry in Ukraine and other Russian-speaking countries.

Ukraine is among the top six countries with the most developed eSports industry. This market grows by 50% every year, according to Smile Expo, the organizer of the event.

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Gaming analytics startup Mobalytics secures $2.6 million

Mobalytics, a startup founded by Ukrainian entrepreneur Bogdan Suchyk, raised a seed round of $2.6 million from Almaz CapitalFounders FundGeneral Catalyst and GGV Capital. The news was reported today by TechCrunch.

The funding comes just two months after Mobalytics won the ‘Startup Battlefield’ of this year’s TechCrunch Disrupt, one of the most important contests in the global startup scene. Mobalytics walked away with $50,000 and the coveted Disrupt Cup.

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Ukrainian game analytics startup Mobalytics wins TechCrunch Disrupt

Mobalytics, a startup founded by Ukrainian entrepreneur Bogdan Suchyk, has just won the ‘Startup Battlefield’ of this year’s TechCrunch Disrupt, one of the most important contests in the global startup scene. Mobalytics has walked away with $50,000 and the coveted Disrupt Cup.

Mobalytics defines itself as “the first personal performance analytics and improvement tools for competitive gamers.” The platform analyzes players’ in-game, physical and mental performance, helps them define their weaknesses and strengths, and provides them with personalized advice to improve their game.

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Ukrainian students win Google app challenge

On August 30, Ukrainian developer team Turbo Rocket Games won Google’s 2016 AdMob Student App Challenge with its online animal simulator game Dragon Sim Online.

The winning team consists of just four members — Vladimir Duchenchuk, Serhii Dotsenko, Yaroslava Girilishena and Iliya Bakurov, — who are students or graduates from National University of Kyiv-Mohyla Academy.

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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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Finnish-Ukrainian startup Madberry secures $1 million from SMRK and Viewster

Madberry, a startup offering advanced advertising solutions for game companies, has raised $1 million from Ukrainian investment fund SMRK and Swedish company Viewster, a global video-on-demand service.

Madberry’s aims to “help mobile game advertisers in acquisition and retention of loyal and paying users on a performance basis.” Its approach combines in-game behaviour patterns knowledge with high-performance media buying technology.

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Ukrainian web-based 3D holiday game gets recognition in international contests  

Earlier this month Eleks, a global software development company with head office in Lviv (Lvov), Ukraine, saw one of its recent digital projects, a multi-device WebGL virtual reality game, honored as People’s Champ at the 10th annual Pixel Awards.

Based on the votes of a digital savvy audience, Back2Pack led the Experimental category. Developed as the company’s interactive greeting for the holiday season, the game is a mix of gameplay with an ingenious technical solution, using a smartphone and with Google Cardboard serving as its screen, and a second smartphone used as the game controller.

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Odessa startup makes computer games more realistic

With the latest innovation, invented by a Ukrainian company from Odessa, gamers get a real jolt if they bump into a virtual wall while driving a virtual racing car.

The company, MMOne, has created the world’s first three-axis virtual reality simulator, in the form of chair attached to an industrial robot-like arm that moves in response to the action in a video game. MMOne hopes the invention takes the global gaming industry in some entirely new directions.

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Madberry CEO Dmitry Sverdlik: “Like Israel, Ukraine may build a fantastic tech sector in spite of external threats”

Helsinki-based Madberry offers a global automated advertising system specially designed for the needs of game companies. The company does not outsource its research and development works; yet it has launched an R&D center in Kyiv (Kiev) in partnership with Ukrainain IT firm Innovecs.

Dmitry Sverdlik, Madberry’s co-founder and CEO, explains the strategy behind this offshore center and speaks frankly about the Ukrainian high tech and business environment.

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