Ukrainian Startup Fund held tenth Pitch Day

31.08.2020

On August 28, the Ukrainian Startup Fund held the tenth Pitch Day. The event took place in an offline format on the territory of the UNIT.City innovation park. Nine startups made presentations (pitch). All of them are at the seed stage (applying for state grant funding of $ 50,000 each).

The event began with a solemn congratulation via online communication from the British politician and co-founder of the Ukrainian British City Club John Grogan:

“There are 3 things I want to tell you today:

First, what do Burger King, Uber, and CNN have in common? All of them started their activity during economic crises. Like the one in which we find ourselves today. It’s exciting to be a startup in times of crisis. It may sound absurd, but it is. People need innovation more than ever, and many are out of work. So do not be afraid, even though the world is going through difficult times. This can be a great opportunity to show yourself.

Second, this week Ukraine celebrates its twenty-ninth Independence Day. I was lucky to travel to this beautiful country. It seems to me that in cities such as Kyiv, Kharkiv, Odesa, 50% of the economy is based on IT and innovation. Many universities, higher educational institutions – all this gives hope for a bright future for Ukraine, which I sincerely believe.

Third: Yes, today you are competing. Compete for funding from the Fund. But remember that you should not forget about the cooperation opportunities that this event gives. Team up for the best results! I wish you not only to start here in Ukraine, but also to grow”.

On August 28, in addition to the jubilee pitch, the Fund marks another date – the anniversary of the start of operations. Lesya Sevruk, Chairman of the Fund’s Supervisory Board, spoke about the results of work and successes:

“Thanks to everyone who joined our anniversary! Special thanks to our experts who work pro bono and spend their time to find, highlight and evaluate promising startups. Our Supervisory Board constantly debates and argues to find the best practices and methods for implementing the Fund’s activities To date, more than 2000 applications from startups have been submitted, about 40 million hryvnias have already been issued in the form of grants, and we plan to issue another 35 to 70 million hryvnias by the end of the year. And this is less than a year of work! The Foundation’s team continues to work despite the current political, economic and epidemiological state. Comparing the level of preparation of startups at the first pitch with what we see now, the quality has improved significantly. We are glad that startups have responded positively to our government initiative”.

The solemn part was completed by the Director of the Fund Pavlo Kartashov, awarding the winners of the ninth Pitch Day:

“All those present are real lucky ones, because today for the Foundation is a double celebration: the anniversary of the work coincided with the anniversary pitch. This is a special and, without exaggeration, a unique atmosphere. After the teams go on stage, there will be an opportunity to prove that you are the best. climb it, you have to overcome a furious path, so this is already a victory!”.

Who evaluated?

Andriy Guly. Chief Analyst at Indax.
Felix Litvinsky. Managing Director of Blackstone LaunchPad.
Olexiy Orap. CEO Youscan.
Yuri Kozik. Entrepreneur, startup adviser and chairman of the NGO Evolv. A former graduate of the Finnish accelerator Startup Sauna.
Maxym Beshleul. Founder and CEO of MedicalLife.
Vadym Rogovsky. Head and founder of Startup School Online.
Stanislav Podyachev. Managing Partner, Blockchain Lab.

The main criteria for evaluating projects at the seed stage are: team, market, technology, product, strategy. In each category, the maximum is 5 points (total maximum of 25). The passing score for recommendation to the Supervisory Board for a grant is 15 points.

Results

Based on the results of the assessments of the Competition Commission, the following rating list of startups was formed (from the highest score to the lowest):

Kray Technologies. The world’s first automatic plant protection and fertilizing drones for field crops with industrial production (up to 470 ha/day), which reduce application costs by 90% to $ 2 / ha (US market). They allow the farmer to get rid of crop losses associated with the application, and apply new technologies of frequent feeding, which promise an increase in yields of 20-40%.
TenniRobo. An innovative compact table tennis robot that is effectively a professional coach controlled by a mobile app. The device connects to a mobile phone via Bluetooth and allows the user to control any parameters of the shot. The robot is able to create really realistic ball behavior – as it creates a real person in the game, this is a great advantage for athletes. The mobile app allows you to create your own shots and combine them into personal training programs With TenniRobo, players do not have to set up their training schedule, do not depend on a partner or coach, and can save up to $ 80 per week on independent training. In addition, it is a very useful assistant for every coach, because the robot helps to significantly accelerate the professional growth of an athlete and diversify training.
RE-leaf PAPER. A new, patented technology, with the help of which fallen leaves serve as a source of cellulose fiber for the production of paper, cardboard, molded containers (egg trays, fruit trays, booties for berries), it is also a new alternative raw material in the pulp and paper industry.
Adducate Ukraine. Quokka puzzles are designed in collaboration with teachers and moms to maximize their learning value. Children learn twice as much with our puzzles. Modern, unique designs make learning interactive, effective and fun. Our innovative manufacturing approach allows us to make Puzzles detailed and robust in a way that competitors cannot. And focusing on online selling makes product prices affordable by reducing the value chain.
Медікіт. Online consultation with a doctor. The patient describes the complaints, the profile doctor connects within 5 minutes. The service works 24/7. More than 200 doctors and more than 70 specializations.
ІНДЕКС СИСТЕМС. The index system allows the client to identify information threats, the likelihood of manipulation and fakes. The service uses Big Data technologies, a set of patented analytical algorithms, and tools for collecting and visualizing data. We use open sources, monitoring databases and data sets from online media and social networks. The development of the existing Attack Index service includes elements of forecasting, visualization of information dissemination and provision of scenario recommendations.
QRSmarty. Inventory accounting service. Allows you to track the life cycle of each inventory, minimize theft, conduct a quick and effective inventory. Consists of a mobile application, a server part of a web panel and marking tools. Solves problems: theft and loss; downtime of equipment and tools; additional costs for the purchase of inventory items; lack of up-to-date information about assets. Where are they, who is responsible.
DocDream. A complex of integrated computer programs and web applications designed to manage a full cycle of medical services, both for clinics and for patients. The main elements of our platform are: medical facility management software (PMS or MIS) electronic medical records (EMR) online appointment. Our ultimate goal is to provide comprehensive support to both patients and medical institutions in the process of finding and providing medical care and related services.
Payris. An ecosystem that reimagines e-commerce and digital marketing. It is based on a person, his desires and the process of their objectification and actualization in order to find the best way to realize them. Payris gives a person control over their own data and the ability to capitalize on it in the process of satisfying needs. Payris rewards users for providing various data. On the other hand, businesses (suppliers, global and local enterprises) and Payris provide access to warm qualified leads and a tool for personalizing marketing and product, radically increasing the effectiveness of marketing communications.