Tech1. Startups - page 4

The total value of Ukrainian startups is estimated at €23.3B

The total value of all Ukrainian startups is estimated at €23.3 billion as of November 2022. This is €4 billion less than in 2021, as stated in the Global Innovation Development Strategy from the Ministry of Digital Transformation of Ukraine.

Startup of the Day: Bulgarian-founded company Eilla AI

Eilla AI was co-founded by Nikola Lazarov, Petar Petrov, and Nikolay Babulkov. The company provides an AI platform powering the M&A, VC, and PE deal workflow. It helps to automate mundane tasks and support complex decision-making through the aggregation and

Startup of the Day: Blindspot Technologies, Czech cybersecurity company  

Established in 2023 by David Cermak, Blindspot provides a cybersecurity solution that specializes in providing DDoS protection, along with Web Application and API security, tailored specifically for the B2B segment. Recently, the startup announced a €1.4 million finding round led by Presto Ventures.

Startup of the Day: Readmio, Czech app with fairy tales for children

Readmio was founded by Jozef Šimko, Ilya Novodvorskiy, Radoslav Rajčan, Erik Nota in Prague. The startup develops an app full of stories and tales for children. In January 2023, it has raised €1 million for international expansion led by Zero Gravity

Startup of the Day: Deskree, Ukrainian-founded no-code cloud infrastructure tool

Toronto-based Deskree was founded by Dmytro Grechko in 2021 as an internal project of Deskree Studio, aiming to address the struggles in finding a cost-effective and efficient solution for backend infrastructure. The number of Deskree users has grown from 300 to 10,000 developers

Growth, hiring, and compensation trends in European tech — Ravio report

2023 has been a turbulent year for European tech. Startups have had to shift away from “growth at all costs” to a tricky balancing act. They must be agile but also stable, growing yet profitable. People and reward leaders’ priorities

“Drones are sexy, but logistics, medical care, software, and communications are crucial.” Interview with Mathias Eklöf, investor in Ukraine’s startups

Ukrainian and European defense tech ecosystem is currently on the rise. In the past two years, a lot of great defense or dual-use-oriented startups have sprung up, however, they still lack structure and organization. Furthermore, the ecosystem right now is

Startup of the Day: Zibra AI, Ukrainian deeptech

Co-founded by Alex Petrenko, Vladyslav Zavadskyi, and Den Dmytrenko in 2021, Zibra AI is a company that builds a platform for creating AI-generated assets for any virtual world and experience. Currently, Zibra AI’s tools are used by more than 100,000

$4.2B in funding raised by AI startups since 2021 — The Recursive State of AI in CEE report

As of today, there are over 900 AI startups in the Central and Eastern Europe region. $4.2 billion in funding for CEE AI companies in the past three years, showcasing a growing interest from top-tier international investors. Bulgarian tech media