Ukraine

Google has allocated funding for 30 Ukrainian startups

Google announced the names of 30 Ukrainian startups that entered the third wave of the Google for Startups Ukraine Support Fund financial support program. About this it is said in the company’s official blog.

This time, priority is given to projects working in the fields of artificial intelligence, quantum technologies, education, health care and cyber security. The new cohort included 30 startups. Each of them will receive funding of up to $100,000, access to mentoring support from Google, the opportunity to use the company’s products, and the chance to receive up to $350,000 in cloud credits on the Google Cloud platform.

This year’s winners include health monitoring solutions, accounting platforms, educational applications, tools for creating music, special effects, warehouse logistics robotics, and more.

The results of the previous stages of the program have already shown the effectiveness of the initiative: in particular, the startup Clearly entered international markets, and LetsData attracted $1.6 million in investment. The program is implemented by 1991 Accelerator — the first and largest accelerator in Ukraine. Google’s initiative is aimed at supporting Ukrainian entrepreneurs in wartime conditions and laying the foundations for future economic recovery.

33 startups, which last year entered the June and September cohorts of the Google Support Fund for startups in Ukraine, successfully used the provided funding and support to scale their business and achieve noticeable results.

 

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