Defence startups have attracted the attention of the whole world – innovators in Ukraine created over 1600 defence projects that received grants from the government totalling $3.2 million. So we start our May news with Defence Tech.
Defence Builder starts acceleration program
Starting May 1, startup teams begin the acceleration program of Defence Builder, which we supported together with toer-1 Ukrainian companies. Intensive 4 months of education, 100 hours of online lectures, 1:1 meetings with mentors, and a Demo Day with dedicated investors. Click here to know more.
$10M from Google for Startups Ukraine Support Fund
Ukrainian startups can receive up to $100,000 and up to $350,000 in Cloud credits to restore war-damaged businesses, scale up, or create new products. Priority will be given to companies using AI, and applications for the grant will be accepted until June 5.
Ukrainian startup BUKI included in TIME’s ranking of the best EdTech companies
BUKI is an EdTech startup with a marketplace of more than 110,000 teachers and tutors. The company ranked sixth on the list and was the only one from Ukraine. Read startup story.
Ukrainian startup Haiqu – among the most promising quantum startups according to Sifted
In 2023, investments in quantum startups in Europe increased by 3% and reached $781 million. Backed by SID Venture Partners, Haiqu closed a $4 million pre-seed round of funding last year and now is among the 11 quantum companies that are attracting the attention of VCs in Europe. Read here about quantum startups here.
Our Investment Director Daria Yaniieva judges Startup Battle at the IT Meets event
8 startups competed for $3,000 and a place at the Startup Track at IT Arena 2024. Grainmole – product, helping preserve grain crops, is the winner. Dive into the backstage.
Founders of Labs’ portfolio – Legal Nodes, in the European Forbes’ 30 Under 30
Max Maliuk and Margarita Sivakova have been featured in the European Forbes’ 30 Under 30 list. Their legal tech startup raised $475,000 in pre-seed funding in 2021. Discover great team.
As you see, the startups we’re talking about have different ideas and domains, but all of them are working hard to become Unicorns one day. Stay inspired so that one day you will be featured in the global startup news as well.
