Ukrainian startup has received more than a million euros from the EU

Украинский стартап получил более миллиона евро от ЕС

Ukrainian company offers its product as the microelectronics manufacturers and developers of schemes on the model of pay-per-use.

Ukrainian company Polyteda Cloud became one of the winners of the programme research and innovation European Commission Horizon 2020 SME Instrument, writes ain.ua.

Startup developing software to test integrated circuits prior to their manufacture, will receive from the European Commission €1 220 888 for a two-year project.

It involves the development and commercialization of its output to the European market. The result should be the integration of product Polyteda Cloud system at least three European factories of semiconductors.

The aim of the Horizon 2020 programme is the search for potentially disruptive businesses that will operate on the EU market.

In the second phase of the program Demonstration, replication in the market, R&D, the European Commission received applications from 1 378 projects. Of them were selected to 51 companies. Each will receive from 0.5 to 2.5 million euros. In total, funding for this area will amount to €80 million.

Ukrainian startup was the only winner from the country this year.

Украинский стартап получил более миллиона евро от ЕС

 

Ukrainian company offers its product as the microelectronics manufacturers and developers of schemes on the model of pay-per-use. Customers need to pay by the hour for direct work in the cloud with the product.

Earlier, the Ukrainian service TripMyDream recognized as the best travel startup at the international competition Seedstars World

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