Despite the ongoing political conflict in the region, Ukraine has a thriving startup industry. At a recent investor conference, 19 Ukrainian startups were awarded top honours across the board, and venture capital firms are investing heavily in the region. And Yevgen Sysoyev of AVentures told Greg Satell at Forbes he believes Ukraine has the potential to unseat tech industry behemoths such as San Francisco. During a recent investor conference, Ukrainian startups were awarded top honours across the board, and venture capital firms are investing heavily in the region. This includes Odessa-based app Looksery (pictured) that uses technology to change the user's face live on the screen, during a call, or when taking a photo
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During the Investor Day Central and Eastern Europe conference, 19 Ukrainian startups were awarded top honours
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Startups include Petcube, Looksery and booking service GoodHotels
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Ukraine exports $2 billion (£1.27 billion) in software service each year
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This figure us expected to grow by 85 per cent by 2020
@placeholder, is a small cube fitted with a web camera and laser that lets pet owners play with their animals remotely.