On February 5 and March 5 the Ukrainian Startup Fund hold respectively the 21st and 22nd Pitch Days to select startups for state financing. 22 teams presented their ideas. We are pleased to announce that at the USF Supervisory Board meeting was decided to finance 11 of them for a total amount of $350 thousand, namely:
The startups on a pre-seed stage ($ 25,000 grant):
- VR Inn. A VR-tech company focused on enterprise training solutions to deliver, manage, and control training of employees. Mission is to rebuild existing training methodologies such as video training, printed instructions, and shadowing, and deliver VR trainings that provide up to 90% of training effectiveness.
- V-Art. An ArtTech startup, an online platform to exhibit, sell and collect digital art.
- HoldYou. An online psychological aid service. Our project is for people who want to get help from psychologist whenever and wherever, no matter where they are at the moment.
- Symptomatical. A SaaS application that can help organizations track the health of their members (employees, students, etc.) and ensure the overall operational health of the organization preventing epidemic outbreaks.
- Checki. Smart service of electronic receipts. Customers do not need to save cash receipts anymore. Business can lower charges on paper and fiscal registers and can get additional marketing tool.
- Biobetter. A virtual assistant that provides blood tests-based recommendations and allows them to increase productivity, slow down the aging process, and prevent diseases.
- My1stJob. Youth job-resource, where candidates and companies instantly find each other by target Soft Skills, a system of filters and comparisons.
- Mobiform. A platform that unites buyers, sellers and furniture manufacturers. Automates marketing, production and allows you to build furniture yourself using an online VR designer.
The startups on a seed stage ($ 50,000 grant):
- Tradomatic. Agri marketplace. Helps farmers earn more and spend less. Unites all players of the agri market within a single messenger bot in Viber and Telegram.
- GIOS Mobile. A mobile application for learning Math and developing critical thinking of schoolchildren. EdTech solution based on AI and machine learning technologies that makes the learning process more flexible and adaptive.
- Dots Platform. A digital cloud-based platform for launching a professional food delivery service in 2 weeks. Website and mobile apps for ordering, software for kitchen, couriers and back office. Provided as SaaS, without capital investments at the start, with payment upon use.
Who is the jury made up of?
Note: marks 21 and 22 to understand who was present on which Pitch Day.
- Kateryna Degtyar. Chapter director at Startup Grind Kyiv (22).
- Olena Mazhuga. Investment manager at Genesis Investments (21).
- Olesya Malovana. Chapter director at Startup Grind Dnipro (21).
- Igor Rusnak. Strategic and Development Officer at OTP Bank (22).
- Mykhailo Khaletskyi. Senior Investment Analyst at Simpact VC (21).
- Arkadiy Vershebenyuk. Partner at BeeVentures (21, 22).
- Oleksandr Riabtsev. Founder of StartupInUA (21, 22).
- Maksym Beshleul. Founder and CEO at MedicalLife (22).
- Yurii Sereshchenko. Managing partner at Quarter Partners (22).
- Andrii Gulyi. Head of analytics at INDAX (21).
- Sergii Dovgopolyy. Managing partner at FeelGoodLabs businesses accelerator (21, 22).
The main criteria for evaluating projects are: team, market, idea (for pre-seed stage)\product (for seed stage), feasibility of financing, strategy.
As a reminder: the USF constantly accepts and evaluates applications from Ukrainian startups, which can be submitted on the official website at the link.
Besides pre-seed/seed grants startups also have an opportunity to receive grants for acceleration programs of well-known Ukrainian and international accelerators. The USF Grant Acceleration Program aims to increase the number of successful startups, enhance the professional competence and improve skills related to business development and beyond. More details you can find on our website by this link.