Startups Category: Startups

PassivDom 3D prints smart homes that run off-grid on solar power

Imagine being able to buy a house, have it built on any piece of land you have access to, and then moving in — all in one day. The house generates its own power from solar panels on the roof, comes with in-built, off-the-grid sewage and plumbing, has its own climate control system that keeps it at just the right temperature year-round, and it’s built of non-corrosive, recyclable materials guaranteed to last at least 40 years.

On top of all that — many of the parts of the house are created by a 3D printer.

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Kyivstar displays its “innovative DNA” with 2nd startup acceleration program

Telecom-accelerator 2.0, a joint project by Ukrainian technological cluster Radar Tech and major telco Kyivstar, announced the start of its second acceleration program for Ukrainian startups earlier this month.

Eleven startups have been selected out of 34 applications to participate in the project.

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Ukrainian-American Kitcast raises $500,000 to create “the data-driven future
 of digital signage”

Kitcast, a US-based startup with Ukrainian roots, has just secured $500,000 from Ukrainian investment fund SMRK, as confirmed to Ukraine Digital News by the company’s CEO Egor Belenkov.

Kitcast’s digital signage application for AppleTV uses machine learning algorithms to help its users “create and deliver smart content to any screen” with no need to use bulky and expensive hardware. The app makes sure that the right content is shown to the right people, which “increases your sales, brand awareness, and customer engagement,” the startup claims on its website.

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Ukrainian Eda.ua merges with Baltic Foodout: The Eastern-European food delivery leader consolidates

Last week Chernovetskyi Investment Group (CIG), a Ukrainian investment company, announced that its portfolio company Eda.ua has merged with Foodout, a major food delivery player operating in Baltics.

The deal between CIG and Foodout’s investor, the Gold Fish fund, has resulted in the creation of Foodout Group.

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Fintech startup born in Ukraine and raised in Singapore closes series A round

Fintech startup Turnkey Lender has raised an undisclosed amount from  Palo Alto-based Vertex Ventures, reports TechinAsia. Turnkey Lender gives financial services providers a cloud-based solution for managing the loans that they give to their clients and customers. It uses machine learning technology to analyze and assess loan applicants.

Launched in Ukraine by Elena Ionenko and co-founder Dmitry Voronenko back in September 2013, the startup later moved its headquarters to Brussels and secured a client base from across Europe.

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Connected pet startup Petcube acquires Canadian pet monitor maker PetBot

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.

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PromoRepublic raises $1.2 million for AI which creates social media for small businesses

As AI slowly seeps into various sectors, it was fairly inevitable that we would start to see the “AI for X” startups begin to appear. Thus “AI for small business social media” is now a thing, in the shape of PromoRepublic, a US/Finnish/Ukrainian startup which has now raised a $1.2M investment round.

More specifically, they bill themselves as a “WIX for a small business’s social presence”. So what does that mean? Effectively it’s a simple way to grow a small business with social media content.

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SendPulse acquires Turkish email marketing service provider

SendPulse, an AI-powered email marketing service provider, announced it had acquired its Turkish counterpart Mailto in late May. Although the amount of the transaction has not been disclosed, SendPulse’s co-founder and CEO Constantine Makarov told Ukraine Digital News that Mailto has been valued at $300,000.

“As we are focused on the emerging and fast-growing markets, Turkey is a key market for SendPulse. We are planning to enter Mexico and China soon,” commented Makarov.

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International investors back Ukrainian drone maker to modernize agriculture

Earlier this month DroneUA, a Ukrainian integrator of unmanned technologies, attracted an undisclosed amount of funding from several individual investors from the UK, Poland and Moldova. The investment went through Agricultural Systems Studio, a Kiev-based agritech software integrator which represented the investor pool.

The funding will be used to create what the investors hope will become the largest provider of unmanned technology services for agriculture in the country.

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American-Ukrainian startup People.ai secures $7 million to automate sales operations

People.ai, a startup which has developed an AI-based predictive tool for sales managers, has raised $7 million in Series A funding led by Lightspeed Venture Partners, TechCrunch reports. The startup will use the funding to scale out its product and sales teams, and engage in more enterprise-focused R&D.

Index Ventures and Shasta Ventures also participated in the round, alongside existing investors Y Combinator and SV Angel.

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