The Ukrainian-founded company Esper Bionics has raised $5 million in investment led by YZR Capital with co-financing from the EBRD and U.Ventures. The money will be used to scale and develop the bionic system. Esper Bionics plans to ramp up production of its flagship product, the AI-embedded self-learning Esper Hand. The prosthesis costs $22,000 and … Read more
Creatio, the developer of a no-code platform for business process automation and CRM, has raised $200 million in a fresh round at a valuation of $1.2 billion. Following the investment, Creatio becomes the sixth unicorn with Ukrainian roots after GitLab, People.ai, Grammarly, Unstoppable Domains, and airSlate. The minority round was led by Sapphire Ventures with … Read more
Twenty percent of Ukrainian IT specialists work abroad, while the total number of IT specialists in Ukraine increased to 307,000 from 285,000 in 2022, but the industry still faces many challenges. The information comes from the AI ecosystem report of Ukraine, covering talents, companies, and education research, prepared by the non-profit organization AI House and … Read more
Over the past ten years, the number of AI/ML specialists in Ukraine has grown fivefold, reaching 5,200 professionals as of January 2024. Despite the ongoing war, Ukraine ranks second in the number of AI companies in Central and Eastern Europe. This is evidenced by the results of a joint research by the Ministry of Digital … Read more
Ukrainian mental health startup Rozmova (in the international market — Clearly) will receive $100,000 in funding from the Google for Startups Ukraine Support Fund. The financing aims to expand its presence in foreign markets (Poland, Spain, and Latin America). We managed not only to launch in Poland, but also to completely rewrite the product, adapting … Read more
Google has announced the first 2024 recipients of the fund to support Ukrainian startups in Ukraine, which provides a total of $10 million in funding. In addition to grants of up to $100,000, selected startups receive Google Cloud credits, as well as mentoring support from Google. The first startups that will receive grants in 2024: … Read more
The Ukrainian defense tech startup Buntar Aerospace has raised $200,000 in investments from the co-founders of Uklon — Dmytro Dubrovskyi, Serhiy Smus, Viktoriia Dubrovska, and Vitaliy Diatlenko. The fund’s first investment was in Buntar Aerospace, a Ukrainian startup developing reconnaissance UAVs with vertical take-off and landing capabilities. Founded in August 2023, by Ivan Kaunov, Kateryna … Read more
Double Tap Investments, a Finnish-Ukrainian investment company, has decided to shift its investment focus towards Ukrainian defense technology startups. Double Tap starts operations in Finland on June 7. The start will be at the DEFINE ecosystem event. The fund explained that the decision based on Ukraine’s rapid development in defense innovation. Ukrainian startups are developing … Read more
The investment fund called Angels for Ukraine has been launched aiming to Ukrainian startups in the early stages of their development: pre-seed and seed. This was announced by the co-founder of the initiative Olena Kleiner. The fund is also chaired by Rui Falcao, co-founder of COREangels, a global community of angel investors, startup mentors, entrepreneurs … Read more
Odesa-based IT company Digis has announced a merger with the outsourcing firm Scalamandra under the name Digis Group, according to Forbes. The deal is estimated between $500,000 and $1 million. This decision was driven by personal investments made by the Digis founder Mykyta Nagatkin in the company in 2023. The main goal of the partnership … Read more