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Survey: 12% of Ukrainian startups shut down, 30% moved abroad at least partially during the war

Survey: 12% of Ukrainian startups shut down, 30% moved abroad at least partially during the war

Teaming up with the Ukrainian Startup Fund, the Polish-Ukrainian Startup Bridge conducted a survey about Ukrainian tech sector amid the war. Answers from 84 Ukrainian startup founders were received and analyzed in a report that has just been released. In addition to understanding the impact of the war on startups, the study also aimed to [...]
January 5, 2023 | more

Ukrainian Unicorn Grammarly Invests in an American Startup

Ukrainian unicorn Grammarly, which creates an AI-powered writing assistant, has invested in the American startup Docugami‘s seed funding round. This is Grammarly’s first investment in another company. Docugami is not disclosing its valuation. Startup Docugami was founded in 2018 by former Microsoft team member Jean Paoli. He is also one of the inventors of XML. [...]
July 29, 2020 | more
Ukrainian Startup Meredot Raises 50k Euros from the European Commission

Ukrainian Startup Meredot Raises 50k Euros from the European Commission

Ukrainian startup Meredot, developing wireless power transmission technology and chargers, raised 50k euros from the European Commission in the first phase of the Horizon 2020 SME program. Meredot notes that their technology resolves the problems with existing wireless chargers, i.e. low energy efficiency, low transmitted power and statics of gadgets. “The team’s developments made it [...]
August 24, 2019 | more
Ukrainian SolarGaps Launches Own Green Tech Factory Propelled by Renewable Energy

Ukrainian SolarGaps Launches Own Green Tech Factory Propelled by Renewable Energy

Ukrainian SolarGaps announced the opening of its own factory, which will produce startup’s flagship product —“smart” blinds, as well as custom solar panels for other “green” technologies. Factory’s output will reach 15 megawatts per year, informs SolarGaps. At the same time, the factory is claimed to be “green”, i.e. such that has zero emissions of [...]
August 2, 2019 | more
The Humanity of Technology: IT Arena 2019

The Humanity of Technology: IT Arena 2019

 IT Arena is a tech event with a global outlook and scale, which takes place in Lviv, Ukraine on the last weekend of September. Productive networking, business matchmaking and festival spirit are IT Arena trademarks. Three intensive conference days catalyze exponential growth and inspire new solutions and business ideas. IT Arena expands the limits, uniting global tech in Ukraine! [...]
July 2, 2019 | more
Finnish-Ukrainian Startup PromoRepublic Raises 2M EUR

Finnish-Ukrainian Startup PromoRepublic Raises 2M EUR

Finnish-Ukrainian startup PromoRepublic raised 2 million euros, informs its co-founder Max Pecherskyy. Investors are a number of business angels and Finnish Public Fund. It was a late seed round for the startup. By the end of 2019, the company plans to double its size and tap into North America’s market. What does PromoRepublic do? The [...]
June 22, 2019 | more
Estonian Tech Startup Bolt Rivals Taxi Apps Uber, Uklon in Ukraine

Estonian Tech Startup Bolt Rivals Taxi Apps Uber, Uklon in Ukraine

For three years, U.S. startup Uber and its Ukrainian counterpart Uklon ruled the local taxi industry with their mobile apps. But recently a strong challenger has appeared: Estonian startup Bolt. In fact, it has re-appeared. Bolt worked in Ukraine in 2016 under a different brand name: Taxify. But it couldn’t withstand the competition and left [...]
May 10, 2019 | more
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