Welcome to our digest for August and early September! In recent weeks, Ukrainian startups have made incredible progress: from competing for a place at the global round of Startup World Cup 2024 to receiving key grants and preparing for Web Summit 2024. Read more in the news here.
UA startup Spendbase will compete in San Francisco for $1 million in investment. The startup was chosen at the regional competition of Startup World Cup, organized by Sigma Software Labs with EIT Community RIS Hub Ukraine and the Ministry of Digital Transformation.
As part of the Ukrainian Startup Fund’s Seeds of Bravery program, 59 Ukrainian founders received grants for project development, including Haiqu, a Ukrainian high-tech startup aiming to change the quantum computing ecosystem in Europe, backed by SID Venture Partners. And the program plans to allocate an additional $10 million.
More than 100 participants took part in the UNICORN program with top mentors from Revolut, Netflix, Uklon, Mono, and others. 48 teams were selected to presented their ideas at the Demo Day. The 1st place with a prize of $3,000 was awarded to PEONY, a startup developing disposable eco-pads that dissolve in water when flushed down the toilet.
Every year, Web Summit Lisbon attracts more than 70,000 visitors, over 1,000 investors, and 3,000 of the most promising startups worldwide. So, don’t miss your chance to be a part of it. The application deadline is September 15, 2024; details can be found here.
Brave1 — governmental-backed Defence Technology Cluster increases funding for Ukrainian defence tech developers. Already issued 299 grants since 2023, and with x2 to potential maximum grant amount in upcoming periods. Find out how to apply:
Deus Robotics, which develops and produces robots for logistics, has secured key partnerships and investment during its UK expansion. Selected by DPD UK from 100 companies and finalists in two Robotics & Automation Awards and the Logistics UK awards, the team is making waves in the robotics sector.
Let’s keep the momentum going! Our creativity and hard work drive success. Stay inspired, keep pushing forward, and let’s make the future brighter together.