KYIV. Dec 13 (Interfax-Ukraine) – Ukrainian company Sixa, which has developed an application for access to a high-performance virtual computer in the “cloud,” has raised $3.5 million from U.S.-based Tandem Capital fund, as well as the investment companies Horizon Capital and Digital Future.
“Sixa is a very valuable company for Digital Future’s portfolio. Fight among investors for the opportunity to finance this startup to a certain extent was aggressive. You be the judge: the project, which boasts rapidly growing sales without the help of marketing, whose customers subscribe for software upgrade,” Digital Future partner and founder Oleksiy Vitchenko told Interfax-Ukraine.
The investment company has not disclosed the amount of investment.
Sixa is a service that allows users to obtain their own virtual high-performance computer in the “cloud,” using which one can perform the most complicated tasks. The service is available for Windows, Mac OS X, Android. Users pay on an hourly basis for the service.
Sixa focuses primarily on developers, designers and gamers.
KYIV. Dec 13 (Interfax-Ukraine) – Ukraine’s Mevics has raised $500,000 from Britain’s UBTower consulting company.
The company has not presented other details of the deal.
The Mevics team has created a gadget, which controls your posture and synchronizes it with your smartphone using Bluetooth.
According to tentative data, the price of the gadget would vary from $80 to $100.
The team is designing the brand, working on the new website and accounts in Instagram and Twitter. The company is also working on designing new electronics and prototypes.
Mevics CEO Viktor Laushtan said that soon the company intends to launch a campaign at Kickstarter and bring the product to the market.
“First shipments of the product are scheduled for August 2017. Then the company will enter the U.S. and European markets,” Mevics said.
KHARKIV. Dec 13 (Interfax-Ukraine) – EU Ambassador to Ukraine Hugues Mingarelli supports the broadening of the EU’s cooperation with the Kharkiv region. He said this during a meeting with head of the Kharkiv Regional State Administration Yulia Svitlychna as part of his first regional visit to Kharkiv.
Mingarelli said following the meeting at a press briefing on Tuesday that the European Union seeks closer cooperation with the Kharkiv region. The ambassador said that we are all Europeans, we share the same values and we must work together to improve the lives of people who live in the region.
He noted that the EU, in particular, is ready to promote the integration of internally displaced persons living in the region with the help of humanitarian and economic development programs, as well as share their experience in conducting reforms.
The diplomat said that now, thanks to the opening of the EU markets, Kharkiv companies were able to increase exports to the EU markets.
According to Mingarelli, the EU is also interested in developing cooperation with the Kharkiv scientific research centers and educational institutions.
KYIV. Dec 13 (Interfax-Ukraine) – ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has started building the second continuous-casting machine and a ladle furnace with an annual capacity of 1.4 million tonnes of steel investing over $100 million.
ArcelorMittal Kryvyi Rih CEO Paramjit Kahlon said at a press conference at Interfax-Ukraine last week the company has not yet selected the supplier of the equipment.
The enterprise intends to finish the project in Q2 2018.
He added that the enterprise continues modernizing other facilities, particularly the converter shop, investing in rolling mills and building other new facilities.
“We have built one coke-oven battery. We will build another one. Only we in Ukraine are building coke-oven batteries. Total investment is $170 million,” Kahlon said.
“We are doing our best to finish modernization as soon as possible,” the top manager said.
He said that there is a lack of skilled staff, in particular, contractors do not have them. This slows the implementation of investment projects. Kahlon urges the state to pay attention to training of employees and not to strangle business. Otherwise nothing positive would be seen, he said.
