Ukrainian Startup Fund held twelfth Pitch day

29.09.2020

On September 25, the Ukrainian Startup Fund held the twelfth Pitch Day. The event took place in an offline format on the territory of the UNIT.City innovation park. 12 startups made presentations (pitch). All of them are at the pre-seed stage (applying for state grant funding of $ 25,000 each).

The event began with a greeting from the Minister of Finance of Ukraine 2018-2020 Oksana Markarova:

“I am very pleased to be here already at the twelfth pitch. I remember the days when we just walked through the corridors of the Cabinet of Ministers and tried to convince everyone that such an initiative is really needed and not once there, but directly here and now. Although the foundation is a state I always noted that experts, the supervisory board and other managers cannot be state ones. For six months now I have not been a minister and looking back it is pleasant to admit that everything was done correctly and the corporate model justified itself. I wish success to those teams that speak and conclude my speech with a quote Albert Einstein “The problem can never be solved at the level at which it was created. To do this, you always need to rise to a level higher”.

The teams were supported by Feras Muzilli, Managing Partner of Lloyd & Mousilli and a former corporate lawyer for Apple and Dell:

“It is an honor and joy to be here with you now as a representative of the Silicon Valley community. I was invited to this event six months ago, in San Francisco, where I met with Pavel and his team and I was familiar with the vision of the Ukrainian Startup Fund. I thank all for your efforts! Your rapid development reminds me of the beginning of the creation of Silicon Valley, which now unites the community. The only way a startup ecosystem grows and develops is when people from different areas come together. Here at UNIT.City, just such : representatives of the financial sector, industrial, legal, IT professionals … What I see goes beyond IT, this is the transformation of the country, the development of the intellectual property sphere. It’s nice to be a part of this process. I wish good luck to the fund and the teams of the 12th pitch !”

The solemn part was completed by the Director of Innovation at DTEK Emanuele Volpe, who, together with the Director of the Fund Pavlo Kartashev, signed a memorandum of cooperation:

“Today, DTEK is like a cruiser in restless waters, looking for a beacon that will point it in the right direction. And small, but fast and maneuverable frigates that are able to pick up our large cruiser and help it moor in the desired bay will help it in this. This is where the Innovation DTEK story began two years ago and the first acceleration program for startups was launched with our team of only five people to create a different approach from corporations to communicate with the innovation ecosystem. stakeholders, among whom the first place belonged and still belongs to startups. Their approaches to business are very different from large corporations, they are different. That is why, observing their numerous successes that break the old rules, we began to closely monitor them and moreover, we began to study in them. Fund is becoming an increasingly important player in promoting innovative business every day, and that is why I am pleased with the beginning of our already official cooperation, which will certainly help the development of the Ukrainian startup ecosystem. The unification of such powerful partners will definitely not go unnoticed”.

Who evaluated?

Kateryna Degtyar. Director of the Startup Grind Kyiv division.
Olesya Drawn. Director of Division Startup Grind Dnipro.
Mikhailo Khaletsky. Senior Investment Analyst Simpact VC.
Roman Kirigetov. Co-founder and CEO of FlashBeats, founder of Kabanchik.ua and Crafta.
Olexandr Yatsenko. Managing Partner at BRISE Capital.
Vadym Rogovsky. Head and founder of Startup School Online.
Valeriy Dobrovolsky. Expert of the USAID program “Competitive Economy of Ukraine”.

The main criteria for evaluating projects at the pre-seed stage are: team, market, idea, the expediency of financing, 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 12 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):

Portal. Operations management optimization platform for remote teams.
Organization.GG. A platform for gamers streamers that allows you to earn by interacting with fans.
Djooky. A music trading platform that gives artists access to a global investor community and investors the ability to trade a new asset class. It is a bridge between the world of music and finance.
Abrakadabra. Service for creating text and images using artificial intelligence, allows you to create high-quality text for social networks of business.
iBeauty. Online service for booking services in the field of beauty and cosmetology, in the Internet version and in the mobile application on IOS and Android platforms.
VAR Energy. Power grid support with distributed energy.
Next Generation. Virtual reality platform for exhibitions and forums.
SPOKK. Smartphone Insurance with affordable micro-insurance products and full online services. Users can purchase a policy in a few clicks, file a claim online at a loss, find out the solution to an insured event almost instantly and reimburse directly to a payment card.
Advisera. A solution for startup founders to receive business advice from international experts.
ZooZy. “All in one”app for pet lovers.
Rechild. Mobile application for millions of parents from all over the world for convenient and reliable storage of records with the brightest moments of children’s lives – the first words, first steps, growth and leisure. With Rechild, all your posts will be in one place, conveniently categorized and synchronized within the same family profile. Parents no longer have to worry about children’s photos, videos and audio being lost or lost over time – Rechild saves them securely to the cloud. The application makes parents’ life comfortable and saves them time thanks to the elements of machine learning: automation of tagging records, identifying a child on a record, sorting by child’s age and location, automatic sharing within the family.
Лікей. An innovative educational platform for easy knowledge sharing.