In a huge Soviet-style building of a former clothing factory in the north-west part of Kyiv, about hundred workers develop an alarm system, which, according to its inventor Aleksandr Konotopskyi, is “the first step to the automatization” of Ukrainian households.
It has taken Konotopskyi four years to build his wireless security system startup, which has since attracted $1 million in funding from venture capital firm SMRK, hired more than 100 people, and conquered about 30 percent of the Ukrainian market for wireless alarms.
Five Ukrainians have won places on the New Europe 100 list of 100 of the “brightest and best people” in Central and Eastern Europe.
The third annual list, which was organized by U.K. business daily Financial Times, the Visegrad Fund, Google and Polish journal Res Publica, includes 100 business and social leaders, creative inventors and go-getting entrepreneurs from Europe. The list was released on Nov. 15.
Mobalytics, a startup founded by Ukrainian entrepreneur Bogdan Suchyk, raised a seed round of $2.6 million from Almaz Capital, Founders Fund, General Catalyst and GGV Capital. The news was reported today by TechCrunch.
The funding comes just two months after Mobalytics won the ‘Startup Battlefield’ of this year’s TechCrunch Disrupt, one of the most important contests in the global startup scene. Mobalytics walked away with $50,000 and the coveted Disrupt Cup.
Launched in 2010, the service covers Russian cities Moscow, Saint Petersburg and Kazan. Following the extension to Kyiv (Kiev), The Locals is planning launch in Warsaw and Tel Aviv “in a couple of months or so,” co-founder Eugene Luchinin told Ukraine Digital News.
In late October Yandex, the Russian search giant, launched taxi booking service Yandex.Taxi in Ukraine. The service – which operates exclusively in partnership with taxi companies – is available exclusively in Kiev (Kyiv), but Yandex plans to expand it beyond the Ukrainian capital.
“Our next targets are Odessa, Kharkiv (Kharkov) and Dnipro [previously known as Dnipropetrovsk],” said Elina Staviskaya, Head of PR projects at Yandex.Taxi, in an exchange with East-West Digital News.
Only a few Belgium technology companies currently have offices in Ukraine. But hundreds of Ukrainians work for the sector in Belgium, either by moving there or working remotely. In fact, according to a survey conducted by popular developer forum Stackoverflow, 31 percent of Ukrainian developers are teleworkers.
“So far there has been lots of interest from Belgium. They come here often to talk with people,” Tatiana Korotitch, the Trade Envoy at Belgium’s Embassy in Kyiv, told the Kyiv Post.
A group of Silicon Valley-based engineers from Ukraine have launched UA Internships, a non-profit initiative to help Ukrainian students get an internship at US technology giants. The news was reported earlier this week by Ukrainian tech blog AIN.UA.
Internships may take place in either the European or the American offices of these companies.
Earlier this week the Verkhovna Rada, Ukraine’s parliament, approved amendments to the Ukrainian export legislation, which may facilitate the export of services. The new legislation will apply to all exporting companies, including service providers and freelancers from the IT industry.
The new legislation lifts the obligation to sign a paper contract, use a rubber stamp, provide a report of completion and translate documents from English to Ukrainian when delivering services to a client from outside the country.
Last week Corezoid, a cloud process engine that allows companies to create their own digital core, won the second prize and $5,000 at the Money20/20 hackathon in Las Vegas, for their application Share.CreditCard.
Corezoid is a California-based company which is owned by PrivatBank, a major Ukrainian bank, according to the bank’s press service.