Grammarly, a San Francisco-based startup with Ukrainian roots, has just raised $110 million in growth equity funding at an undisclosed valuation. The round was led by General Catalyst with participation from Breyer Capital, IVP, SignalFire, and Spark Capital.
The company was founded in 2009 by Kyiv natives Aleksey Shevchenko and Maksim Litvin. Its AI-powered software helps people improve writing, monitoring errors in grammar and syntax, as well as incorrect speech constructions in real time.
A team from Dnipro, a city of Central Ukraine formerly known as Dnipropetrovsk, has created “first global booking platform for sport facilities and sport teams.”
Dubbed Smartsport, the platform covers a variety of disciplines (including swimming, water polo, weightlifting, gymnastics, martial arts, tennis, and football), with 500 sport facilities made available in almost 20 countries, mostly in Europe.
ProZorro, a public e-procurement system made in Ukraine, has been launched in Moldova by local Ministry of Finance with support from European Bank for Reconstruction and Development (EBRD).
After operating in a test mode for two months, M-Tender has processed 13 e-tenders and saved the state 97,000 Moldovian lei (almost $23,000 at the current exchange rate).
Newcastle-based Poptop.fm has secured £100,000 from the Finance for Business North East Proof of Concept Fund, which is managed by Northstar Ventures. An additional £20,000 came from an undisclosed angel investor.
Presenting itself as “an international event concierge service,” the startup offers a range of services including “music entertainment, catering, decoration, photography and event planning,” to name a few.
Almost simultaneously earlier this month, Uber and its Russian competitor Yandex.Taxi announced their expansion to Odessa, a major city in southern Ukraine.
Both companies offer their services at the same minimum price of 14 hryvnias (roughly 50 cents at the current exchange rate). However, unlike Uber, which supports both cash and cashless payments, Yandex.Taxi accepts only cash payments.