Lisa Palchynska

How to grow and exit a business after 186 investor rejections: case of Honest Health, a startup with Ukrainian-British founders

Honest Health is a startup with Ukrainian-British founders, developing an online medical platform that specializes in providing hair-loss-related treatments. It was founded in 2019 by Pavlo Maherovsky and Sam Gluck. In the early days, Honest Health was turned down by

Game developer Virtuos merges Kyiv studio Volmi Games

Virtuos, a leading global game development company, has acquired Volmi Games, a Kyiv-based 2D & 3D art studio. The financial details of the deal have not been disclosed. Volmi Games is the first company from Eastern Europe to join Virtuos.

GR Capital participates in the largest B2B Series B round in Austria

PlanRadar, a cloud-based SaaS data sharing and document management solution for construction and real estate projects, has raised a $69 million funding round, GR Capital told AIN.UA. The round was led by Insight Partners and Quadrille Capital. This is the

UK’s Koto becomes The Credit Thing

In December 2021, the fintech startup Koto, launched in London by the co-founders of the Ukrainian service monobank, has rebranded and relaunched its product. It is now called The Credit Thing and looks even more like mono. Koto is a mobile banking

Identomat nabs $3.2M. It is the largest seed round raised by Georgian-founded startup

Identomat, a provider of AI-powered KYC and identity verification solutions, has closed a $3.2 seed round — the largest seed round in the history of Georgian-founded startups. It was fully funded by US-based institutional investors that, among other areas, focus

Lithuania will get $1.2B from Taiwan for joint business projects. High tech is the priority

Taiwan announced a launch of a $1 billion credit program to help fund joint business projects between Lithuanian and Taiwanese companies. The initiative came a week after Taiwan declared its plans to set up a $200 million fund to invest

Georgian innovative startups to follow in 2022

Caucasus Business Week has created a selection of innovative Georgia-based startups that began operating in 2021 and showed good results despite the pandemic. AIN.UA publishes the short list of them. Payze Tbilisi-based fintech PAYZE develops an online payment system for

Ukrainian tech company Vymex raises over $1M funding

Vymex, a Ukrainian product IT company developing a mobile application for managing businesses, their resources, and processes, has raised more than $1 million from 20 private investors. Among them is Igor Fostenko, the founder of EnjoyTheWood, reported to AIN.UA by

Apartment rental app, bird, launches in London

bird, an iOS app for long-term apartment rentals in Kyiv, has launched in London. There, it works under the name birb. As representatives of the startup told AIN.UA, the launch in the British capital was timed to coincide with its 3rd