Las Vegas (AP) — The past year has been difficult for startups everywhere, but running a company in Ukraine during the Russian invasion comes with a whole different set of challenges.
Clinical psychologist Ivan Osadchyy brought his medical device, called Knopka, to this year’s CES show in Las Vegas in hopes of getting it into U.S. hospitals.
Financial Post Top Stories
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300
His is one of a dozen Ukrainian startups backed by a government fund that are at CES this year to show their technology to the world.
“Two of our hospitals we operated before are ruined already and one is still occupied. So this is the biggest challenge,” Osadchyy said.
“The second challenge is for production and our team because they are shelling our electricity system and people are hard to work without lights, without heating in their flats,” he said.
He came up with the device after spending a year with his own grandmother in the hospital and finding that he had to track down nurses when she needed something.
The system works by notifying nurses when a patient has an abnormal heart rate, is due for treatment or otherwise needs help. The nurse can’t turn off their button until they’ve dealt with the issue.
“We are still working and operating because hospitals are open and we need to support them and provide efficiency and safety for patients as well,” he said.
Karina Kudriavtseva of the government-backed Ukrainian Startup Fund, says that, like Knopka, all of the country’s startups have kept going since Russia’s invasion almost a year ago.
“The times have changed, their conditions have changed, but it can only make them stronger because all of the startups are working on the thing that to save the company, save the team, save the business, and save their lives, of course,” she said.
The invasion forced Valentyn Frechka to relocate to France, but he says his Releaf paper company has never stopped production.
When he was 16, Frechka decided to study alternative sources of cellulose in order to decrease deforestation. He’s now developed a technology that uses fallen leaves and recycled fibre to make paper.
The company’s main product is paper shopping bags, but they also make food packaging, egg trays and corrugated boxes.
Frechka says the conflict has forced the company to become more flexible and more open to opportunities.
“When this conflict happened and we located our company to France, we have found a lot of new partners and we have raised fundraising. We have raised the money for our needs,” he says. “So it really makes us more open for the world.”
For more coverage of the Consumer Electronics show, visit: https://apnews.com/hub/technology