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Ukrainian-founded 3D Body Scanning Startup Attracts $1 Million From International Investors

Ukrainian-founded 3D Body Scanning Startup Attracts $1 Million From International Investors

Ukrainian-founded startup 3DLook, presented as “the most advanced instant human body scanning and measuring technology for mobile device,” has attracted $1 million from U.Ventures, 500 Startups and several business angels. As reported by Retail TouchPoints last week, the funding will be used to introduce a new technology, SAIA 3D, “which captures up to 29 body measurements and [...]
After Apple Store Success, Ukrainian Gadget-Maker Concepter Switches to Consulting

After Apple Store Success, Ukrainian Gadget-Maker Concepter Switches to Consulting

Have an idea and want to make hardware devices that can be sold globally? Ukrainian startup Concepter can give you some advice. For around five years, Concepter has been successfully producing its own hardware, such as two generations of its gadget iBlazr, a wireless flash that affixes to a smartphone to snap better-lit photos. The [...]
Ukraine’s Biggest Tech Employer EPAM Has Thousands of Jobs for Local Talent

Ukraine’s Biggest Tech Employer EPAM Has Thousands of Jobs for Local Talent

U.S. publicly-traded tech company EPAM has been operating in Ukraine for the last 13 years. In this time, it has grown to become the country’s largest tech employer, with a staff of now 5,500 people. It’s a reflection of the company’s growth worldwide. Founded in 1993 by two Belarus natives, EPAM since then has become [...]
Two New Public-Private Funds To support Tech Startup Financing in Ukraine

Two New Public-Private Funds To support Tech Startup Financing in Ukraine

According to a 2017 overview of the Ukrainian investment market released in May 2018 by the Ukrainian Venture Capital and Private Equity Association (UVCA) in partnership with Deloitte, a total of $259 million in venture capital investment was made in technology and IT companies from Ukraine or with Ukrainian roots. This was a three-fold increase over [...]
Ukrainian eSports Team Wins $125,000 at International Contest

Ukrainian eSports Team Wins $125,000 at International Contest

NAVI.GG.BET, the team of the Ukraine-based e-sports club Natus Vincere walked away with a $125,000 prize for the victory at ESL One Cologne 2018, the international tournament for the fans of Counter-Strike: Global Offensive. The contest was held on July 6-8 in Germany. This year, the fifth edition of the event brought together 15,000 attendees [...]
Purchased by Amazon for $1 Billion, Startup Ring Relies on Ukrainian Experts

Purchased by Amazon for $1 Billion, Startup Ring Relies on Ukrainian Experts

U.S. tech giant Amazon acquired Ring for an impressive $1 billion this February. But the startup, which is developing smart home security systems, still has its largest R&D center in Ukraine and it isn’t planning to leave anytime soon. Ring has hired 500 Ukrainians and is aiming to double that in the near future to [...]
Swedish Government Provides $1.7 Million to Open IT Schools Across Ukraine

Swedish Government Provides $1.7 Million to Open IT Schools Across Ukraine

Sweden has partnered with Swedish-Ukrainian non-profit Beetroot Academy to spread information technology schools across Ukraine, according to the Embassy of Sweden in Kyiv. The agreement foresees a three-year program to foster Beetroot Academy to double their current number of IT schools to a total of 20 locations across the country, which will “help the development [...]