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Ukraine’s E-commerce Giants Rozetka, EVO Group Plan to Merge

Ukraine’s E-commerce Giants Rozetka, EVO Group Plan to Merge

Ukraine’s largest e-commerce firms Rozetka and EVO Group are to merge in order to develop an “ecosystem for local internet buyers and sellers,” the companies announced on Aug. 9. The agreement between the two foresees Rozetka buying shares of EVO Group from Naspers, the multinational internet and media group that also owns 95 percent of [...]
August 12, 2018 | more
How a Ukrainian Consultant Built a Bridge Between Ukrainian Startups and UK Investors

How a Ukrainian Consultant Built a Bridge Between Ukrainian Startups and UK Investors

With a staff of 9-10 people in Kyiv and 3 people in London, Vimes is a boutique consultancy that connects British and EU VCs and investors with Ukrainian tech and IT startups. The typical investment in a company is £50,000-£100,000 of seed capital. Dmitriy Gilgur founded the firm in 2012; he began as a solo consultant initially focused [...]
August 10, 2018 | more
Ukrainian Online Tutoring Platform Preply Raises $4 Million

Ukrainian Online Tutoring Platform Preply Raises $4 Million

Ukrainian online language tutoring platform Preply has attracted $4 million in early investments to grow its German office branch and launch a range of new products, the company announced on July 24. The Ukrainian startup is funded by seven different investors: Point Nine Capital, RTAVentures VC, SMRK, Diligent Capital Partners as well as three private [...]
July 29, 2018 | more
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 [...]
July 27, 2018 | more
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 [...]
July 25, 2018 | more
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 [...]
July 23, 2018 | more
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 [...]
July 22, 2018 | more
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