Startups Category: Startups

Ukrainian smart voice-recording pendant overreaches its crowdfunding goal in just 36 hours

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.

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How Ukrainian startups attracted global attention at CES 2017

Earlier this month, the International Consumer Electronic Show (СES-2017) attracted more than 200,000 visitors to Las Vegas. This year, for the first time, Ukraine had organized a dedicated exhibition area to show eight of its brightest startups and products.

This ‘UaTech Expo Zone’ was The Ukrainian Expo was organized  jointly by the Ukrainian Venture Capital and Private Equity Association (UVCA) and Western NIS Enterprise Fund (WNISEF), a USAID-funded organization. It was located in the Eureka Park among seven national exhibition areas, including those of  France, Holland, Israel and the Czech Republic.

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Ukrainian teams invited to apply to leading European B2B startup acclerator and receive €20,000 (deadline: Jan 31)

Early stage B2B startups from Ukraine and other Eastern European countries are invited to apply for a three-month Startup Wise Guys acceleration program, which will take place this spring in Tallinn.

Twenty-five pre-selected teams will participate in three-day finals on February 20-22 in Tallinn. The program will include more than 20 one-on-one mentor and investor meetings, as well as business training.

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Twenty Ukrainian startups in Las Vegas to compete at CES 2017

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.

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Top 10 Ukrainian startups in 2016

At the end of each year AIN.UA, the leading Ukrainian tech blog, offers its ranking of the country’s most successful startups. The ranking, based on a survey among local business angels and venture investors, features projects which were created or pivoted, over the past three years. Although they were created by Ukrainian teams, some of these companies have established their headquarters in another country.

This year’s ranking includes 10 startups, to which Ukraine Digital News is adding an additional list of companies which have drawn particular attention on the global high tech scene.

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Ukrainian startup Ecoisme to reduce energy consumption in Dubai households

Ecoisme, a Ukrainian startup which has developed a connected device for energy management, has agreed with the Dubai Electricity and Water Authority (DEWA) an eight-month pilot project to improve energy efficiency in the emirate. The agreement, signed in late November, came as a result of Ecoisme’s participation in a three-month acceleration program in Dubai Future Accelerators.

Supported by the Dubai Future Foundation and the Dubai government, the program aims to identify emergent technologies and businesses with the potential to “address the world’s most pressing challenges and opportunities,” and to support them in developing solutions and prototypes for rapid deployment across Dubai.

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US-Ukrainian cloud computing startup secures $3.5 million from international investor consortium

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.

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Ukrainian startup secures $500,000 in the UK to combat pains from bad posture

Ukrainian startup Mevics has attracted $500,000 from UB Tower, a UK-based investment consulting company backing projects from Central and Eastern Europe.

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.”

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Ukrainian-British startup helps parents control kids’ mobile device use in 140 countries

Kidslox, a Ukrainian-British startup which helps parents “control kids’ mobile device time,” won the Startup Battle held in late November in Cherkassy, a city in central Ukraine. The contest was organized by Startup.Network as part of a series of industry events.

The purpose of this app is to put parents in control of their children’s screen time by setting time limits and establishing boundaries for their mobile and tablet device use.

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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.”

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