The European Innovation Council (EIC) announced its intention to issue € 20 million in grants to at least 200 Ukrainian deep tech startups. The EIC is looking for a consortium of Ukrainian and European organizations to manage the grant funds.
Quality data provides the basis for a business’s success, creating a need for data collection automation for many industries. Ukrainian startup datuum.ai came up with an innovative way of solving this pressing issue. So how effective is this innovation?
According to the Ukrainian Center for Medical Statistics, an average of 97.5 thousand Ukrainians suffer from musculoskeletal injuries annually. Startup Raccoon now offers users a variety of interactive programs to manage their back pain, such as posture correction and pain relief.
The present situation differs radically from the recent past. However, the business continues to exist and receive investments. So how should startups attract funding? What trends have emerged in this area?