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Ukrainian Startup DreamTeam Raised $5 Million From Mangrove Capital Partners in a Seed-round

Ukrainian Startup DreamTeam Raised $5 Million From Mangrove Capital Partners in a Seed-round

Ukrainian startup DreamTeam raised a seed-round from the leading European fund Mangrove Capital Partners. The amount of the deal made $5 million. It is the second investment from this fund, raised by the project. “Seed-round, amounting to $5 million, is a very unusual situation for a Ukrainian startup. As a rule, our projects keep within [...]

Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years

As reported by Bitcoin.com, the government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the [...]
Ukraine Launches Free School for White Hackers

Ukraine Launches Free School for White Hackers

Earlier this month Cyber School, a cyber-security school which claims to offer “the most difficult program in Eastern Europe,” announced its launch in Kyiv (Kiev). It is hosted by UNIT.City, an innovation park funded by the Ukrainian serial entrepreneur and philanthropist Vasyl Khmelnytsky.Kicking off in late November, the English-only program starts with a four-week crash [...]
Three Ukrainian Startups Totally Raised $1.15 Million From U.Ventures Fund

Three Ukrainian Startups Totally Raised $1.15 Million From U.Ventures Fund

U.Ventures investment fund, founded by Western NIS Enterprise Fund, invested $1.15 million at one stroke in three Ukrainian startups: YouTeam, 3DLook and Pufetto. Representatives of U.Ventures informed the editorial team of AIN.UA about this fact. The investment raised will help startups to develop their products, create new jobs and enter new markets. However, they did [...]
The Outsourcing Industry Contributed 4.8% to Bulgaria’s GDP. More than 67 000 Bulgarian Employees Work in the Outsourcing Field

The Outsourcing Industry Contributed 4.8% to Bulgaria’s GDP. More than 67 000 Bulgarian Employees Work in the Outsourcing Field

In 2017, outsourcing contributed 4.8% to Bulgaria’s GDP, or EUR 2.1 bln. This is identified by the data in the Annual Report of the Bulgarian Outsourcing Association (BOA) for the development of the outsourcing industry in the country. The industry is growing substantially faster than the national economy in 2017. Last year, outsourcing contributed 4.8% [...]
Ukraine’s Largest Telecom Carrier Helps Police Find Missing Children

Ukraine’s Largest Telecom Carrier Helps Police Find Missing Children

Officially, every day at least 10 kids go missing in Ukraine. Longing to bring every one of them back to their parents, Ukraine’s largest mobile operator Kyivstar has been helping police search for those missing children with the help of its telecom resources. Called Kid Search, the service provided by the carrier uses a technology [...]
EU and EBRD Back 6 Ukrainian-Founded Clean Energy Projects

EU and EBRD Back 6 Ukrainian-Founded Clean Energy Projects

Just four months after five Ukrainian green startups received Climate Innovation Vouchers (CIVs), another six eco-friendly startups founded by Ukrainians have been awarded the CIVs. The vouchers were offered earlier this month by the EBRD and Greencubator, a local non profit which promotes green entrepreneurship in Ukraine. The amounts have not been disclosed, but the [...]
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