This month online service Grammarly has raised 110 million dollars. It is the biggest record level of investment for the Ukrainian company and a sign that Ukrainian projects continue to conquer the global tech world. According to the recent report “Ukraine Dealbook,“ the total venture investments in Ukrainian startups increased 237% year-over-year from 2014-2015, after ... Read More
Petcube and Branto aren’t the only Ukrainian gadgets. This article will tell you more about a window blind with solar batteries, a key to all lockers, a voice mask that allows to speak in private, lucid dreams generator and a lot of other amazing inventions waiting in the wings. Cardiomo Roman Bielkin invented a device capable ... Read More
Ukraine’s state-owned JSC Ukrzaliznytsia railways operator has presented its five-year development strategy for 2017-21, which includes investment of UAH 130 billion to UAH 150 billion, and the formation of five business sectors: freight transport and logistics, passenger transport, infrastructure, traction services, manufacturing and services, according to the Railway Gazette. In the freight sector, Ukrzaliznytsia plans ... Read More
Last month saw the launch of the Innovations Development Platform (IDP), Ukraine’s first agency dedicated to the incubation and development of innovative defense projects. Inspired by Israel’s Chief Scientist’s Office, this public-private partnership initiative aims to bring together developers, experts and investors “to develop innovations for the Ukrainian army and foreign partners in transparent commercial conditions.” Developers with the ... Read More
IT company with Ukrainian roots Grammarly as part of the funding round conducted by venture investors General Catalyst jointly with IVP and Spark Capital has raised $110 million of investment, the company has said in a press release. Jointly with the investors the company will work on speeding up the company’s growth, expansion of the ... Read More
Ukraine is hosting the Eurovision Song Contest for the second time after Jamala won the competition last year in Stockholm, Sweden. What does hosting the contest mean to Ukrainians? Rehearsals are underway in Kyiv ahead of the live broadcasts of the Eurovision Song Contest. This is Ukraine’s second time that it has hosted the competition ... Read More
Huawei began as a small operation when it was founded in 1987 by Ren Zhengfei, a former engineer in China’s People’s Liberation Army. It has since then grown into a global multinational headquartered in Shenzhen, in China’s Guangdong Province. At first manufacturing for industry, it gradually expanded into telecommunications and consumer electronics, releasing its first ... Read More
Ukrainian start-up Passivdom can build a house measuring a little over 35 square metres in around eight hours. This feat is primarily due to the use of a 3D printer, which prints out the roof, the floor and walls 20 centimetres thick in next to no time. Three models of ready-made houses Layer after layer, ... Read More
Grain, steel and sunflower oil have been recognized as the most famous goods of Ukrainian exports for centuries, but recently Ukraine’s reputation in the international arena has been growing thanks to outstanding achievements in information technology, high fashion, aviation, architecture and design. 1. Unmanned aerial vehicles. The Kiev company Drone.ua produces drones, which are sold ... Read More
For so long mired in corruption and bureaucratic red tape, in the past three years Ukraine has enacted numerous reforms to improve the climate for doing business. Now, writes Natasha Turak, the battle is on to convince investors that the conflict-affected country is a safe bet. The story is familiar by now: for decades a ... Read More
