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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Mobile marketing professionals from 29 countries meet on Black Sea beach

Last month Mobile Beach Conference, which presents itself as Europe’s biggest mobile marketing event, held its third edition in Odessa, southern Ukraine.

Some 1,000 attendees from 29 countries participated in the event, which targeted marketers, app developers, startupers, investors, advertisers and publishers.

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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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Ukrainian Post teams up with Citroën to develop e-car deliveries

Earlier this month Igor Smelyansky, the CEO of Ukrainian Post, announced that the national postal operator started testing Berlingo Electric, Citroën’s electric vehicle, for its delivery fleet.

As announced at the beginning of the year, Ukrainian Post expects electric cars to deliver up to 15% of parcels in Kyiv (Kiev) by 2018 and roughly 40% of parcels across Ukraine by 2021.

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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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From Manhattan with love: Mac computer museum opens in Kyiv

Last month MacPaw, a Kyiv (Kiev)-based company that develop software products for Mac users, announced the launch of a one-of-a-kind exhibition of Apple hardware at its office last month.

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.

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New report sheds light on the Ukrainian venture market in 2016

The Ukrainian Venture Capital and Private Equity Association (UVCA) has just released its venture capital and private equity overview, a report that features data about angel, venture and private equity investment deals involving companies in Ukraine, or with strong Ukrainian roots, in 2016.

According to the study, 2016 saw the highest number of investment deals since 2010. There were 87 deals in total, which is 32% more than the previous year.

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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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Yandex’s Ukrainian offices searched by security service

Two weeks after the Ukrainian authorities banned leading Russian Internet sites as part of sanctions affecting 468 Russian legal entities, Yandex announced that the Ukrainian Security Service (SBU) conducted searches at the company’s offices in Kiev and Odessa.

Yandex.Ukraine management and employees are accused of having gathered personal data of Ukrainian users and transmitted them to Russian security services.

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Ukrainians love to buy mobile phones online

More than one in four Ukrainian online shoppers bought smartphones and mobiles phones in the first quarter of this year, the Ukrainian Retail Association reported, citing a research released by local e-commerce platform Price.ua.

With nearly 5% of online consumers buying them, car tyres were the second most popular category. TV sets (4%), tablets (2%) and laptops (2%) completed the list.

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