Glovo Ukraine Startup Lab organizers selected 3 startups to receive 35 thousand euros

Kyiv, May 17, 2023 – On May 16, Kyiv hosted the final of the Glovo Ukraine Startup Lab competition, organized by Glovo and the Ukrainian Startup Fund. During the event, 20 teams presented their projects, from which the jury selected three winners.

In total, the organizers received more than 70 applications from early-stage startups (pre-seed or seed) working in the areas of mobility, logistics, food technology, fintech, and lifestyle.

“Ukraine has a huge potential to become a regional tech center, as it has a unique combination of talent and startup culture. At Glovo, we strive not only to create innovative solutions that connect couriers, users, and establishments, but also to empower local tech ecosystems. That’s why we launched Glovo Ukraine Startup Lab to support Ukrainian startups that want to raise funds and go global. This will become a regular initiative”

Sasha Michaud, co-founder of Glovo

3 STARTUPS BECAME WINNERS:

• The first place went to the team that developed Revisior, a comprehensive feedback and NPS service that helps companies quickly identify and solve customer problems using artificial intelligence and machine learning. They will receive 20,000 euros and an internship in Barcelona.
• The second place goes to DEEPLOYALTY, a startup that has developed a digital platform for leading retailers and banks that allows them to issue loyalty cards and display receipts in transaction details. They will receive €10,000 and an internship in Barcelona.
• The third place goes to the team that developed Spendbase, a platform for optimizing the cost of SaaS subscriptions, and virtual bank cards for companies. They will receive 5,000 euros and online mentoring from the Glovo team.

“We are very inspired by the partnership with the world-famous international brand Glovo and the results of the first joint project, as it opens up more opportunities for Ukrainian startups in the foodtech, agrotech, logistics, and fintech sectors. Our innovators are already proving that they are capable of creating cool solutions that are interesting in global markets. We are convinced that systematic cooperation with Glovo will help to open the world to a galaxy of Ukrainian teams with breakthrough ideas and technologies. We thank the team and colleagues, and continue to work to make Ukraine a leader among startup nations!”

Pavlo Kartashov, CEO of the Ukrainian Startup Fund

In addition, the initiative’s partner GR Capital will provide the winners with 1-year mentorship and help with worldwide connections.

The winners were selected by a jury consisting of Sasha Michaud, co-founder of Glovo, Maryna Pavliuk, CEO of Glovo in Ukraine, Kyrylo Bondar, partner at UNIT.City innovation park, and Sergiy Kravets, partner at GR Capital.

ABOUT GLOVO:

Glovo is a technology platform that allows you to buy, deliver, transfer any item or product within the city. The Barcelona-based company currently operates in over 2000 cities in 25 countries across Europe, Central Asia, and Africa. Every month, more than 5 million active customers use the Glovo platform worldwide, with more than 80 thousand couriers delivering orders and the number of associated partners reaching 180 thousand.

In Ukraine, Glovo was launched in October 2018 and is currently available in 35 cities. For a detailed list of cities where Glovo is available, please follow the link: https://glovoapp.com/ua/uk/map/mista/.

For more information about Glovo, please follow the link: http://about.glovoapp.com/en/.

ABOUT THE UKRAINIAN STARTUP FUND:

The Ukrainian Startup Fund is a one-of-a-kind state institution that helps innovative projects and technology startups raise funds at the early stages and launch their own projects. The Fund promotes the development of the startup ecosystem, provides conditions for the growth of the sector, forms a positive investment image of the Ukrainian tech industry abroad, and represents Ukrainian innovative solutions around the world.