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You're reading: EU invests 1.2 million euros into Ukraine’s e-design automation startup
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The European Union is investing into a Ukrainian tech startup to help it break into the European market with its software for circuit verification.

Ukrainian company Polyteda Cloud has attracted 1.2 million euros in funding from Horizon 2020, the EU’s biggest research and innovation program, which has nearly 80 billion euros of funding available over seven years until 2020.

Polyteda will use the funding to roll the product onto the European market and promote itself on it.

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