Weekly TechUkraine Digest 2021

What has happened in the Ukrainian tech market on 15-19 of March 2021?

Venture capital and startups: 

Ukrainian 3DLOOK, an AI-first technology company that uses its patented mobile body scanning technology to turn online customers into fit data for fashion and it’s supply chain, raised a $6.5M Series A round led by Almaz Capital, TMT Investments PLC, Zubr Capital – read

Ukrainian delivery service of vegetables and fruits OVO raised $150 000 by VC fund TAVentures and several ICLUB’s investors. Previously in July 2020, Ukrainian Fedoriv Group invested in the startup, when OVO operated under its initial name ‘Kyiv Vegetables’ – read

Ecosystem news:

Ukrainian VC fund Genesis Investments will invest $100 000 in Ukrainian and Belorussian startups which will become Y Combinator residentsread

An educational and scientific laboratory of technologies of artificial intelligence was opened in Lviv based on the Lviv National University. Among the main tasks of the laboratory is the analysis and implementation of new artificial intelligence technologies – read

The first Ukrainian innovation park UNIT.City opened a new location Nest in Kyiv. During the event CEO of UNIT.city Dominique Piotet announced the list of the selected startups – participants of the NEST incubation program: StudyDive, Nuwork, Revision, Agrotec, Ophtas, Caer Sidi, MaoMoy – read

Farmak, one of Ukraine’s top pharmaceutical companies, has created a state-of-the-art PCR test to detect new variants of the novel coronavirus. The product also detects the new UK variant of coronavirus. Reference trials of the PCR test kit are carried out in both private and public laboratories in Ukraine (Kharkiv, Dnipro, Zaporizhia, Vinnytsia), confirming its accuracy – read

A Ukrainian startup Kurs Orbital, co-founded by the former head of Ukraine’s space agency Volodymyr Usov, is building an in-orbit servicing vehicle using space docking technology developed decades ago by the former Soviet Union and raising $6.5 million in its first investment round this summer – read

The technology of 3D metal printing is unique worldwide, but one of the largest, the xBeam 3D metal printer, is located in Ukraine and developed by the Chervona Khvylia (Red Wave) company with CEP Ukraine support – read

The Ministry of Digital Transformation wants to propose SpaceX launch pilot projects of high-speed internet service Starlink in Ukraineread

The Prime Minister of Ukraine Denys Shmyhal and the Minister of Transport of the Federal State of North Rhine-Westphalia (NRW) Hendrik Wüst signed the Memorandum on Ukrainian-German partnership in the digitalization sector. The parties considered economic cooperation, partnership in the field of digitalization, and launching joint investment projects in Ukraine – read

Reports:

Ukraine: the Home of Great Devs 2021 Tech Market Report 2021 by Beetroot – read

Via TechUkraine, AIN, SpaceNews, Vector, USAID, Suspilne

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