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Top related persons:
Kirill Bigai - 1 Dmytro Voloshyn - 1 Serge Lukianov - 1 Preply - 1 Preply's - 1 Max Lytvyn - 1 Alex Shevchenko - 1 Dmitriy Zaporozhets - 1
Top related locs:
Ukraine U.S GroupM Ukrainian Preply Russia Moscow
Top related orgs:
CNBC - 1 Horizon Capital - 1 Reach Capital - 1 Hoxton Ventures - 1 Bain - 1 Horizon - 1 Google - 1 Samsung - 1

Search resuls for: "Max Lytvyn"


3 mentions found


☆ Ukrainian-founded Duolingo rival Preply banks $70 million to push into A.I.
  + stars: | 2023-07-19 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
Preply, a language learning platform connecting people with tutors, raised $70 million of fresh capital to ramp up its use of artificial intelligence, the company told CNBC exclusively. The equity portion was led by Horizon Capital, a venture capital firm focused on investing in emerging entrepreneurs, particularly Ukrainians. The funding adds to a $50 million Series C funding round Preply raised last year, and takes its total funding raised to over $170 million. It comes as Duolingo, a competitor to Preply, has been incorporating OpenAI's GPT language processing software to enhance its app's personalization to users. Horizon Capital raised $125 million for a startup fund aimed at backing Ukrainian founders.
Persons: Kirill Bigai, Dmytro Voloshyn, Serge Lukianov, Preply, Preply's, Max Lytvyn, Alex Shevchenko, Dmitriy Zaporozhets Organizations: CNBC, Horizon Capital, Reach Capital, Hoxton Ventures, Bain, Horizon, Google, Samsung, Amazon Locations: Ukraine, U.S, GroupM, Ukrainian, Preply, Russia, Moscow
☆ In recent years, investors have poured billions into the burgeoning region of central and eastern Europe. Here's why they're so excited about this startup hotbed.
  + stars: | 2022-12-30 | by ( Stephanie Palazzolo | ) www.businessinsider.com   time to read: +4 min
VCs have flocked to central and eastern European startups for their efficiency and technical talent. Central and eastern Europe includes countries like the Czech Republic, Hungary, Slovenia, Romania, Russia, and Ukraine, according to the World Atlas. The promise of central and eastern Europe starts with a surplus of strong engineering talent, Vaswani said. "Eastern Europe is the former Communist Bloc, and during communism, one of the dangerous things for the communist regimes were humanistic subjects," Bartos said. Additionally, central and eastern European startups are often more capital-efficient due to lower personnel and living costs, an advantage that founders like Jendruszak have leveraged firsthand.
☆ Ukraine looks to technology to help rebuild its economy amid Russia’s onslaught
  + stars: | 2022-11-07 | by ( Ryan Browne | ) www.cnbc.com   time to read: +7 min
An attendee passes by the Ukraine stand at the Web Summit 2022 tech conference in Lisbon, Portugal. Ukraine had a notable presence at Web Summit, where it sought support from the global tech community to bolster its fight against Russia. In 2021, Ukraine had a small booth at Web Summit, Krasovsky said. Ukraine Vice Prime Minister Mykhailo Fedorov (right) and First Lady Olena Zelenska (center) attend the Ukraine booth at Web Summit 2022. SID Venture Partners, a venture fund set up by Sigma and fellow Ukrainian tech firms Ideasoft and Datrics, has so far invested in 10 startups with Ukrainian founders, Krasovsky said.
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