The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand

The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand

25.03.2016 News

The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousandUntil quite recently, the Petcube took the lead position in the Ukrainian niche of gadgets for pets. But a startup team of the Moggie project proved their importance. The company is developing a smart collar for cats and mobile application, which in pairs or individually will allow owners to monitor the health of their pets, and to understand them better in general.

With its product the company has managed to get into the Swedish accelerator The Springfield project, go through the incubation and attract investments in the amount of approximately $ 70 000 (investments were in krones) estimated at $ 890 000. The investments went for the development of the product.

The prototype is not ready yet: the team has been working on the electronic part of the collar and is currently working in industrial design.  The application for iOS is in development, the release is scheduled for late spring.

Six people are working in a startup who came from AdPro, Fedoriv, ​​P & G. Besides engineers and marketers in Moggie there is a veterinarian from Spain and an employee from  India, the other members of the team are the Ukrainians. One part of the team works from Ukraine, and another –  from Sweden. “Stockholm is one of the best ecosystems in Europe, while Ukraine is rich in IT-specialists”, – explained the CEO of the project, who lives in Sweden.

Meanwhile, another Ukrainian startup – Petcube – continues to go to success confidently. In February this year, the team raised $ 2.6 million venture capital investments.

Source: ain.ua

Other articles

  • Visa and JPMorgan Chase are launching apps for contactless payment system for sellers
    News

    Visa and JPMorgan Chase are launching apps for contactless payment system for sellers

    On Tuesday, JPMorgan Chase announced the launch of its mobile payment service QuickAccept, and on Wednesday, Visa launched its application called Tap to Phone. The purpose of both programs is to offer sellers an easy way to accept contactless payments from customers via a smartphone or tablet. According to Visa, in the context of the […]

  • AT&T’s quarterly revenues exceeded estimates after adding 645,000 new telephone subscribers
    News

    AT&T’s quarterly revenues exceeded estimates after adding 645,000 new telephone subscribers

    Shares of AT&T, which have lost 27.6% of value since the beginning of the year, rose up to 5.8% on Thursday after the publication of better-than-expected Wall Street analysts, earnings for the 3rd quarter, which ended on September 30. AT&T reported earnings per share of $ 0.76, which is 19% below last year’s value, but […]

  • Tesla began supplying Model 3 Chinese sedans to Europe
    News

    Tesla began supplying Model 3 Chinese sedans to Europe

    Tesla Inc. of Elon Musk will export Model 3 electric cars made in China to Europe. This was reported by the Interfax-Ukraine news agency with reference to the company’s statement. The first batch of 7,000 cars will be shipped from the port of Shanghai on October 27. They are expected to reach the Belgian port […]

  • Australia will build the world’s largest power plant
    News

    Australia will build the world’s largest power plant

    The Guardian reported that Sun Cable has announced the construction of the world’s largest solar panel power plant worth $ 20 billion. It will be located between the Australian cities of Darwin and Alice Springs, and its capacity will be 10 GW. The project plan has already been submitted to the Environmental Protection Office of […]

  • Alibaba will acquire part of the shares during the IPO of the Ant Group
    News

    Alibaba will acquire part of the shares during the IPO of the Ant Group

    Chinese Internet company Alibaba will buy more than a fifth of the shares of its division, specifically of a fin-tech company Ant Group, as part of its future IPO on the stock exchanges of Hong Kong and Shanghai, Alibaba said in a release. “Alibaba has agreed to subscribe for 730 million shares of the initial […]

  • Adidas may sell Reebok
    News

    Adidas may sell Reebok

    According to Bloomberg, a source familiar with the situation, German manufacturer of sportswear and accessories Adidas AG is considering the possibility of selling its brand Reebok. “In the coming months, the company will decide whether to start the sale process,” the source said. According to the interlocutor of the agency, the internal assessment of sales […]

  • Tesla is recalling 50,000 vehicles
    News

    Tesla is recalling 50,000 vehicles

    Tesla is recalling about 50,000 Model S and Model X cars manufactured in the United States in different years and imported to China due to the identified suspension problems. This was reported on its website by the Chinese State Administration of Market Regulation. According to the statement of the Chinese regulator, almost 30 thousand Model […]

  • Coca-Cola’s net profit for 9 months decreased by 9%
    News

    Coca-Cola’s net profit for 9 months decreased by 9%

    The net profit of the world’s largest producer of soft drinks Coca-Cola, which falls on the company’s shareholders, in the first nine months of the year decreased by 9% year on year and amounted to 6.291 billion dollars, according to company reports. Adjusted earnings per share were $ 1.46 against $ 1.6 a year earlier. […]

Read also

The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

NBU declared Avant-Bank bankrupt

National Bank of Ukraine (NBU) classified Avant-Bank (Kyiv) as insolvent. The decision approved by the Decree №44 of January 29, 2016, presses the service of the National Bank. NBU explained the decision as the shareholders of the bank have no “clear plans for the replenishment of the bank’s liquidity and default of customers’ operations within […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Halliburton’s net loss in January-September was $ 2.7 billion

The net loss of the American oil service company Halliburton Inc., attributable to the main company, in January-September amounted to 2.71 billion dollars against the profit of 522 million a year earlier, according to the company reports. Halliburton’s diluted loss per share in the reporting period was $ 3.08 against earnings of $ 0.6 a […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Adobe demonstrated the best third quarter in its history

Shares of Adobe Systems, which rose to 76% over the past 12 months, increased by 2.8% after the announcement of a strong 3rd quarter, traditionally considered seasonally weak. “Adobe has demonstrated the best third quarter in our history,” said Shantanu Narayen, president and CEO of Adobe. “We are confident that our leadership in digital services […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Facebook has decided to combine Instagram and Messenger

Facebook has begun merging Messenger and Instagram chats into a single correspondence system. The Verge writes about it. Reportedly, till August 14, many users of both iOS and Android devices in the Instagram mobile application began to receive notifications about the possibility of correspondence with friends who use Facebook. After the update, the usual Direct […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Nataliya Osadchaya: “Engaged in prevention of raiding at a stage of entry into the project, because treatment can not salvage”

The subject of raiding remains urgent and at the same time very painful for Ukraine, especially for foreign investors. It isn’t accepted to speak about it openly. The  victims of similar captures in rare instances make public the fact of their entities occupation. Syutkin & Partners Law Firm together with USUBC, the Ministry of Justice […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

The largest financial investor EBRD provided “Ukrainian Agrarian Investments” with $ 20 million

European Bank for Reconstruction and Development (EBRD) provides a revolving credit facility for $ 20 million for working capital of the “Ukrainian Agrarian Investments” company, that has more than 70 farms in northern and western Ukraine. This loan replaces the previous funding of $ 13 million, which was granted to “Ukrainian Agrarian Investments” in 2014. […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Apple may launch its subscription service package «Apple One» in October with the iPhone 12

Many analysts have been predicting for about a year that Apple will merge and sell its services in packages, and today the news agency Bloomberg, citing anonymous sources, said it would happen in October, at the same time as the release of the new iPhone 12. Apple shares have responded to rumors of growth, although […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

The EU will allocate 1.6 million for improve the air legislation of Ukraine

National Aviation Service will implement a project – Twinning, which provides technical and financial assistance of the EU, with the aim to bring Ukrainian aviation standards to the European ones. This was told by Alexander Bilchuk, chairman of the State Aviation Service of Ukraine. “The signing of the working agreement between the State Aviation Service and […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Daimler will pay $ 1.5 billion under a settlement agreement in the United States

German automaker Daimler AG and its US subsidiary Mercedes-Benz have agreed to pay $ 1.5 billion to the US government and California regulators as part of a friendly settlement of a dispute over the manipulation of data on the content of a harmful substances in the exhaust gases of the company’s diesel engines. This stated […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

IFC has invested in the construction of “Yuzhnyi” grain terminal

On January 9, 2017 IFC’s international financial institution, which is a part of the World Bank, has approved the allocation of funds in the amount of $ 37 million for the construction of a grain terminal in the merchant sea port “Yuzhnyi” in Odessa region. At the moment, the parties are waiting for the signing […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Tencent has offered $ 1.5 billion for video game developer Leyou Technologies

Chinese internet giant Tencent Holdings has made an offer to buy Leyou Technologies Holdings, which estimates this video game developer at 11.61 billion Hong Kong dollars ($ 1.5 billion), writes The Wall Street Journal. Tencent plans to pay for the full transaction with money, without attracting outside funding, and is willing to pay $ 3.3219 […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

State part of Cherkassyoblenergo to sell in one package

The government committee has approved the sale of 71% of shares of PJSC Cherkassyoblenergo by one package.According to Delo.ua web-site, Igor Bilous, the head of the State Property Fund (FGI) reported about it. He says: “The decision on the merge of share blocks has been made, concerning Cherkassyoblenergo. We will sell the integrated packet of […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

The largest producer of chicken meat received $8 million losses

As Interfax-Ukraine reported, Mironivsky Hliboproduct Agricultural holding   finished the third quarter 2016 with the net loss of $8 million against $24 million a net profit last year. Following the results of nine months the net profit of the company  is constituted $86 million The Mironivsky Hliboproduct Agricultural holding (MHA)  has received 8 million dollars […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
News

Association of telecom providers USTelecom will appear in federal court in the case of “net neutrality”

The Major Trade Organization USTelecom, which represents the telecommunication companies in the United States, will speak at the court with a lawsuit, demanding for releasing it from the new “net neutrality” rules in the Internet. The new rules of the FCC equate Internet to conventional telecommunication channels and oblige providers equally apply to any traffic […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
Analytics

How clinching the association with the EU influenced on Ukrainian business

The President of Ukraine signed the agreement on association with the EU on September 16, 2014. It was what all country has aimed and waited for so long. However, what we have today ?Are the expectations met? We decided to talk about it within the weekly Analytics from LDaily heading this time. First of all, it will […]

Next
The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand
Analytics

SWISS 2017

2017 was marked by many interesting and significant events for Switzerland. They relate to science, culture, and the social life of the country, and have become important and notable for both Switzerland and for Ukraine. 1. We celebrate the 25th anniversary of the establishment of Ukraine-Switzerland diplomatic relations in 2017. Both sides undoubtedly appreciate well-established […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com