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The Ukrainian startup Object Control, which develops AI products to prevent fraud, received $25,000 in funding

The Ukrainian startup Object Control, which develops AI products to prevent fraud, received $25,000 in funding
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The Ukrainian ML&AI/SaaS company Object Control won the Challenger Accelerator AI 3.0 competition and received a $25,000 grant from the Ukraine-Moldova American Enterprise Fund, as well as $25,000 in AWS cloud credits from the Ukrainian Startup Fund.

This was announced by Object Control on their LinkedIn.

“We effectively selected business and technology mentors, organized peer sessions, networking events, startup-investor meetings, and pitching opportunities at the IT Meets AI event. These elements made the program truly valuable for us,” the startup noted.

 

Object Control was founded by Mykola Korolenko (CEO) and Andriy Huliy. The team also includes Andriy Fadeyev (CPO) and Kostyantyn Kalinin (full-stack developer), reports Scroll.media.

The startup developed fraud prevention algorithms that allow embedding anti-fraud tools into various products (sales and service) of financial and other companies. The AI tools are used in banking, insurance, real estate, rental, logistics, agriculture, defense, and other sectors.

“Object Control focuses on developing computer vision technology with artificial intelligence. With a constantly growing database of 1.5 million real photographs, we can continuously train and improve our AI models. By tracking customer behavior, we can make our AI tools and agents more user-friendly and understandable for our clients,” the startup states.

 

Object Control reports that their products are used by 24 companies, including those within large European financial groups.

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