In early 2024, Ukraine will take part in the world’s largest electronic conference, the Consumer Electronic Show, held annually in Las Vegas, USA.
CES is an international technology exhibition that has been showcasing the world’s leading developments in the tech sector since 1967. At the CES conference the first CD, optical disk, video card, plasma panel, Xbox game console, tablet, netbook as well as the latest technological innovations were presented.
The startups that have passed the national selection and are part of the Ukrainian delegation will present their developments to the entire global tech community. Ukrainian startups are rich in innovative solutions in many sectors, be it edtech or fintech. But today, we’re going to tell you about the visionaries of agri-tech and logistics – meet FarmFleet and MyBro.
FarmFleet
FarmFleet is an innovative online service and ERP system that combines traditional and new requirements of agricultural activities with technological solutions of 2023, which are equally applicable to farmers, small and medium-sized enterprises (SMEs), and multinational corporations (MNCs).
The choice of a niche was an evolutionary step in the development and systematization of the drone sprayer outsourcing market. The rapid growth in the number of service teams providing agrodrones services and the growing demand among agricultural producers for these services in 2020-2021 proved that the market will continue to grow. And this market needs tools to systematize work both within the service business (resource management, customer service) and, in general, the ability to quickly find contractors for agricultural producers.
The first release of the startup to the domestic market took place in June 2022. And a year later, FarmFleet, a domestic innovative enterprise for optimizing agribusiness and developing unmanned technologies in agriculture, announced the successful completion of the first round of financing. FarmFleet has attracted the first investment of USD 550,000. At an estimated value of $3.7 million, FarmFleet has raised its first investment. THE COMPANY HAS RAISED AN OVERALL ESTIMATED VALUE OF $3.7 MILLION.
This marks the beginning of the company’s expansion into the US market.
«FarmFleet’s entry into the U.S. market is an important milestone in the company’s global expansion strategy, and we already have some good results to show for it. FarmFleet is committed to using Ukrainian innovations and expertise to improve global food security. The U.S. market is an opportunity to make a statement about Ukrainian solutions, become the first to offer such solutions for agribusiness, and “win the hearts” of local farmers,» — the startup’s founders say.
MyBro
MyBro is an electric bike production start-up. Startup will bring electric scooters for courier services of supermarket chains and postal companies of its own production to CES 2024.
Electric transportation market is growing exponentially every year. The capitalization of the delivery scooter market in the USA alone is more than 32 billion dollars and it is growing every year by leaps and bounds. «It deserves the name of a gold mine. Whoever realizes it now and is willing to take the risk – definitely has a chance to make history», — the founder of MyBro, Denys Dimov, believes.
«I’m a lawyer by major education. My second is economics. I devoted part of my life (almost five years) to public service. However, I wanted to take risks and exploit my soul. The best place for this is entrepreneurship. Having decided so, in 2013 I opened my online store. It was my second experience in entrepreneurship and the first successful one. This business is related to the trade of household goods. As part of this business was created the trademark «Hrabr», under which I now produce various household goods and sell online. However, there was money in the trade, but not the obsession that motorcycles can give. When this realization became obvious and unbearable, then the first Ukrainian electric motorcycle brand MYBRO electric motorcycles was born. The date of foundation is 2017. We had ups and downs. We stumbled but every time we got up and went further forward and up. Because the core of it is not money, but the obsession to become an outstanding electric motorcycle brand. And it looks like we’re on the right track,» — Denys comments.
We wish Ukrainian innovators great success, new customers and strengthening of Ukraine’s reputation as a tech country at the Consumer Electronic Show 2024!
The trade mission is organized by the Ministry of Digital Transformation of Ukraine together with the Ukrainian Startup Fund and UVCA – Ukrainian Venture Capital and Private Equity Association. The Ukrainian delegation will participate in the event with the support of the USAID Competitive Economy Program.
