1991 Ventures is the brainchild of Ukrainian brothers Denis and Viktor Gursky, who are better known for running incubation and accelerator programs inside Ukraine.
The Gursky brothers previously backed over 200 startups between 2016 and 2024, via their incubator Social Boost and their 1991 Accelerator.
Startups backed to date include LegalTech startup AXDRAFT; European toll payment app eTolls; and cybersecurity company Osavul.
Finally, TA Ventures is perhaps the best known and most active Ukrainian VC internationally, headed up by the almost-ubiquitous Viktoriya Tigipko.
Of course, many of the tech companies Ukraine will produce in the forthcoming years are likely to be either ‘dual-use’ or related to defence.
Twitter’s former head of trust and safety Yoel Roth announced today that he is joining Match Group, the parent company of several popular dating apps, including Tinder and Hinge.
Yoel, who shared the move on LinkedIn, is now the company’s Vice President of Trust and Safety.
I swiped right on Match Group,” Roth said in his announcement post.
Roth is now taking his trust and safety expertise to Match’s family of dating apps, which includes Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, OurTime, and more.
Although dating apps have built-in features to keep users safe, there is still a lot of toxic behavior on these apps, and not everyone trusts them.
Since the company’s earliest days as an MIT spinoff, Boston Dynamics’ systems have always provided entertainment value.
The Nashville-based firm has created theme park and exhibition animatronics for some of Hollywood’s biggest franchises, including Avatar, Jurassic Park, Marvel and Harry Potter.
A huge benefit for Neon/Animax is Boston Dynamics’ ability to produce robust and untethered autonomous systems at scale.
The world of theme park robots has transformed in recent years, with experiences like Disneyland’s Star Wars Galaxy’s Edge exhibiting robots that intermingle with park goers.
“We are thrilled about the collaboration with Neon and Animax for the development of fully untethered entertainment robots,” Boston Dynamics Chief Strategy Officerf Marc Theermann notes in a release.
Kenyan e-commerce and fintech platform for mass market consumers Copia Global has appointed John Lazar, the ex-CEO of Metaswitch, a Microsoft subsidiary, to its board off the back of $20 million in new funding.
Without the capital to get it all the way to profitability, it made sense to hold off there.
Both companies have encountered headwinds that question the sustainability of B2C e-commerce in Africa even though they operate different e-commerce models.
However, both platforms are confronted with distinct objectives: Copia strives to achieve profitability in a single market, Kenya, while Jumia has to battle it out across 11 markets.
The founder and chairman noted that once the e-commerce company achieves profitability in the East African market, it plans to extend operations to 14 other countries it has strategically mapped out.
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