Press Release:
Hosted online from Ukraine, the first-ever European Startup Conference connected 2,314 attendees and highlighted Ukrainian Startups.
“Ukraine is here to do business!” was the central message coming from panel discussions, interviews, and startup pitches featured in The European Startup Conference 2022. Either illustrated directly or proven through examples, the business leaders and speakers at the Conference shone a light on the various ways Ukraine’s tech startup ecosystem remains competent and resilient, even during this challenging period of war.
On December 7th 2022, The European Startup Conference 2022 took place online, hosted live from Ukraine. The non-profit event was co-organized by Startup Network Europe, Startup Wise Guys, Brella, Ukrainian Tech Ecosystem, Ukrainian PR Army, and Unit.City. The event’s primary aim was to connect Ukrainian Startups with European and other International Venture Capitalists, Angel Investors, and business partners, to help the Ukrainian tech ecosystem grow and develop.
This goal was certainly achieved — The Conference’s Speakers Program attracted over 900 unique viewers during the livestream, and the Online Networking Program attracted over 2,300 participants, with close to 600 individual meetings scheduled between attendees on the Brella event platform. Furthermore, 6.1% of attendees were based in Ukraine, while many more were Ukrainians who moved abroad after the war began.
Why Ukraine?
According to the event’s co-host Adam Fulham, Founder of Startup Network Europe, this event was hosted online from Ukraine for two reasons:
“First, Ukraine has an amazing track record when it comes to Startups. Ukrainians have founded companies like Grammarly, PayPal, and even WhatsApp. The country is also home to at least 1,800 Startups and 252,000 Tech Experts.
Second, Ukraine is a democracy, and democracy is the most beautiful thing in the world. As Europeans, we should do everything we can to help a European Democracy that has been invaded by a European Dictatorship.”
Speakers: European Startup Leaders
During the European Startup Leaders Panel, Startup Ecosystem Leaders from seven European Countries shared their experiences and advice on the various challenges startups might be facing in 2022. Some of the topics covered included how early-stage startups should approach fundraising, how startups should manage stock options for employees, how startups should seek support for legal & other bureaucratic issues, and more.
Notably, commenting on the current startup environment, Lucien Burm, Chair of Dutch Startup Association, pointed out that times of crisis might have some positive implications for startups since startups can be more flexible and faster at tackling key societal challenges than larger corporate competitors.
In terms of how the current crisis has impacted the investment world, there is now greater attention moving toward earlier & seed-stage investment. According to Burm, this is partially due to the consideration that early-stage startups are likely to have a life span which would last beyond the current crisis, and can be “lifted up” in the economic upturn afterwards.
Later in the event, there were speakers from the Ukrainian Startup Ecosystem, including the leaders of TechUkraine, Ukrainian Startup Fund and The Ukrainian Venture Capital and Private Equity Association. International Investors and Founders of Ukrainian Scaleups also took part as speakers.
Fireside Chat with Steve Wozniak
Apple Co-Founder Steve Wozniak has Ukrainian ancestry. After visiting Kyiv in 2017, Wozniak said: “In my life, I’ve planned to do four things, and one of them is to visit Kyiv”.
It was a special moment to have ‘The Woz’ join the Conference virtually, and connect with the live audience. During the Fireside chat, Wozniak answered a number of questions from the event hosts in Ukraine, covering topics ranging from his journey with Apple to his views on the current tech industry.
Ukrainian Startup Pitches
The European Startup Conference 2022 also included a pitch competition for outstanding Ukrainian startups to showcase their business. The selection process was moderated by Startup Wise Guys, the biggest early-stage investor in Ukraine.
37 companies applied to the pitch competition, and 13 companies pitched in the pre-selection pitch days. Finally, on December 7th, five companies were selected to pitch live in front of the jury and the international audience. The companies selected were the following:
- Releaf Paper is the world’s first manufacturer of sustainably made paper from fallen leaves!
- Cardiolyse provides Medical grade AI analytics for heart health.
- Party.Space is a B2B metaverse events platform for remote teams and online communities.
- i3 Engineering home automation system makes homes smart without smart devices.
- Fintellect is a no-code finance automation tool helping IT teams stay profitable with the power of open banking.
Furthermore, 27 startups have been invited to Startup Wise Guys’ free Online Pre-Revenue program for Ukrainian startups, which will take place in Q1 2023.
List of Partners and Speakers
Hosts & Partners:
- Startup Network Europe
- Startup Wise Guys
- Brella
- Ukrainian Tech Ecosystem
- Ukrainian PR Army
- Unit.City
Agenda (London Time):
5.00pm-5.05pm: Introduction
- Adam Fulham, Founder of Startup Network Europe
- Mariia Tintul, Head Of Business Development at Startup Wise Guys
5.05pm-5.30pm: Rapid Fire Talks with European Startup Leaders
- Lucien Burm, Chair of Dutch Startup Association
- Roberta Rudokienė, Head of Startup Lithuania
- Martina Fitzgerald, CEO of Scale Ireland
- Tomek Snażyk, CEO of Startup Poland
- Olga Barreto Goncalves, CEO of startin.lv – The Latvian Startup Association
- Hannah Wundsam, Managing Director of AustrianStartups
- Cristina Angelillo, President of InnovUp
5.30pm-5.40pm: Founder Q&A
- Steve Wozniak, Co-Founder of Apple
5.40pm-5.45pm: Address from The Deputy Minister of Digital Transformation of Ukraine
- Alex Bornyakov, The Deputy Minister of Digital Transformation of Ukraine
5.45pm-5.55pm: Investors Panel
- Ihar Mahaniok, Managing Partner at Geek Ventures
- Valery Krasovsky, General Partner at SID Venture Partners; CEO & Co-Founder of Sigma Software Group
- Eugene Malobrodsky, Managing Partner at One Way Ventures
5.55pm-6.10pm: A Panel with Ukrainian Startup Leaders
- Nataly Veremeeva, Director at TechUkraine
- Pavlo Kartashov, CEO of Ukrainian Startup Fund
- Dmytro Kuzmenko, CEO of The Ukrainian Venture Capital and Private Equity Association (UVCA)
6.05pm-6.25pm: Rapid Fire Talks with Ukrainian Scaleup Founders
- Dmytro Dvurechenskyi, CEO of openGeeksLab
- Daniel Tonkopi, Founder & CEO of Delfast Bikes
- Yaroslav Azhnyuk, Co-Founder & CEO of Petcube
6.25pm-6.30pm: “Why Invest in Ukraine?” Presentation
- Cristobal Alonso, CEO of Startup Wise Guys
6.30pm-7.00pm: “Invest in Ukraine” Pitches from Ukrainian Startups
- Judges:
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- Mike Butcher MBE, Editor-at-large at TechCrunch
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- Karina Lapina, Head of Scouting at Startup Wise Guys
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- Oleksandr Yatsenko, Managing Partner of BRISE Capital; Chief Business Development Officer at Finmap.online
- Finalist Startups:
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- Releaf Paper is the world’s first producer of sustainable packaging from fallen leaves by own patented technology.
- Speaker: Alexander Sobolenko, Co-Founder & CEO
- Cardiolyse provides Medical grade AI analytics for heart health.
- Speaker: Anna Starynska, Founder & CEO
- Party.Space is a B2B metaverse events platform for remote teams and online communities.
- Speaker: Yurii Filipchuk, Founder & CEO
- i3 Engineering home automation system makes home smart without smart devices.
- Speaker: Mykhailo Vorko, Chief Marketing Officer
- Fintellect is a no-code finance automation tool helping IT-teams stay profitable with the power of open banking.
- Speaker: Yegor Walowski, Co-Founder & CEO
- Releaf Paper is the world’s first producer of sustainable packaging from fallen leaves by own patented technology.