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Ukrainian startup Effa raises $500K at a 3.5M valuation. It produces disposable eco-friendly products

Effa, a Ukrainian startup that develops green products, has raised a $500,000 round from an angel investor. Effa told AIN.UA that the startup’s valuation was $3.5 million. The startup will spend the investment on its product line, team growth, and

BlaBlaCar to build engineering hub for 50+ people in Ukraine

BlaBlaCar, an online marketplace for carpooling, will open a large engineering hub in Ukraine. Ukrainian developers will work on the development and scaling of the marketplace, as reported to AIN.UA by the press service of the company. Currently, the engineering

AMCU suspects Uber, Bolt, and Uklon of collusion. Pricing under scrutiny

The Antimonopoly Committee of Ukraine has initiated a check of cab services pricing in Kyiv, as stated by the chairman of the Kyiv territorial branch of the AMCU, Aleksey Khmelnitskyy, on his Facebook page. Officials have suspected ride-hailing services, including Uber, Bolt,

Walnut raises $3.6M seed round with participation from Ukrainian TA Ventures

Walnut, a US healthcare startup, has raised a $3.6 million seed round from investors including Gradient Ventures, Afore Capital, 2048 Ventures, Supernode Ventures, Polymath Capital, Tack Ventures, Awesome People Ventures, Newark Ventures, NKM Capital, and the Ukrainian venture fund TA

Reface and Flawless App: Ukrainians on Forbes 30 under 30 list

Forbes publishes the sixth Forbes 30 Under 30 Europe list featuring the brightest talents of European business, arts, finance, entertainment, and marketing, who are under 30 years old. In 2021, Ukrainian co-founders of startups made it to the Technology category.

Poland-based BGK grants €81.5 for Lviv Innovation District IT Park project

The Innovation District IT Park project in Lviv has received financing to continue construction. Bank Gospodarstwa Krajowego (BGK), Poland’s largest state-owned bank, has granted a loan of 81.5 million euros. Representatives of the Lviv IT Cluster, which is the project

Top 5 Ukrainian officials by the reported amount of cryptocurrency. Public servants declare holdings of over $26B in Bitcoin

Take a look at Top 5 Ukrainian officials by the reported amount of cryptocurrency in 2020 on AIN.UA. In 2020, Ukrainian deputies declared 46,351 bitcoins. As of April 7, 2021, that is UAH 74.2 billion. Among the 791,872 officials who

Remove image background in one click – new free tool from Depositphotos

Depositphotos has added a free tool to automatically remove the background of images. The company’s press service told AIN.UA. How it works To access the tool, you need to create a Depositphotos account. Then, on the background removal page, upload

Ukrainian Tech Market Overview 2021: 5,000 IT companies, 200,000 tech specialists, low rates

The Ukrainian office of the tech company Beetroot has published a big Ukrainian Tech Market Overview. The research and analysis are based on Beetroot’s corporate data and the insights collected by numerous organizations, including the Ministry of Digital Transformation, IT Ukraine

App Store kicks out Ukrainian app, customer sues developer

Rooki.net, a Lviv-based food and medicine delivery service for elderly people, ordered the development of a mobile application for iOS. The finished application was not allowed on the App Store, and the customer filed a lawsuit against the developer. In