The Ukrainian Venture Capital and Private Equity Association (UVCA) and the Western NIS Enterprise Fund (WNISEF) are announcing the UVCA Challenge: CES Edition 2018, which will be held in September 2018 in Kyiv (Kiev).
The ten best startups, up from eight teams last year, will receive the opportunity to exhibit for free at the Ukrainian Expo of the International Consumer Electronic Show in Las Vegas in early January 2018.
Petcube, a Ukrainian-American startup which has developed a pioneering connected pet device, today announced the acquisition of PetBot, a Canadian startup operating in the same field. The amount of the deal has not been disclosed, but Petcube indicated that the company’s intellectual property and assets are being acquired.
PetBot presents its Indiegogo-funded device as “the only pet monitor that lets you interact with your pet from anywhere,” allowing you to give treats to your pet, see what they’re up to, get selfies sent to your mobile device.
The collection features 40 Mac computers from each generation which not so long ago belonged to a legendary Manhattan-based repair shop Tekserve. The shop used to be so famous that it was even featured in the series “Sex and the City” as an illustration of the Manhattan lifestyle.
One of China’s largest manufacturers of smartphones and tablets, Huawei, will open an R&D center in Kyiv (Kiev). The news was reported earlier this month by Ukrainian online publication Liga Business which referred to Haojie Zhou, director at Huawei Ukraine.
So far, Huawei employs more than 450 people in Ukraine, according to Zhou.
Thanks to this app, iPhone users can now broadcast their pets live on Facebook. Petcube is the first HD pet camera to do so, says the company. The Android-powered app will be upgraded soon.
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.
Ukraine was represented by 20 startups at the CES this year, which was held Jan. 5 – Jan. 8 in Las Vegas.
“Ukrainian startups are very competitive,” Olga Afanasyeva, the UVCA executive director, told the Kyiv Post. “We weren’t anyhow ashamed by their level.”
However, the fact that there were 20 projects from Ukraine and 200 from France shows the difference in scale, a startup enterpreneur present in Las Vegas told the Kyiv Post.
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.”