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Ukraine and UK sign “historic” digital trade deal

March 21, 2023 March 29, 2023

Yesterday the UK and Ukraine signed a digital trade agreement (DTA) to support Ukraine’s National Recovery Plan while “greatly enhancing the UK-Ukraine trade and investment relationship.” UK businesses will be “mobilised to engage in future reconstruction projects in Ukraine,” the UK government stated. The agreement was inked in the framework of the ‘Road to Ukraine …

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Ukrainian-born serial entrepreneur Max Polyakov sells performance marketing company to US adtech major

March 9, 2023 March 16, 2023

Earlier this week Digital Media Solutions, a major US provider of high-tech digital advertising solutions, announced the acquisition of the ClickDealer’s media and technology assets, including the HomeQuote marketplace. ClickDealer was founded back in 2012 by three Ukrainian entrepreneurs: Max Polyakov, Tetiana Serediuk, and Dmytro Atamaniuk. Initially an affiliate network covering several niche verticals, the company …

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The Current Wave: New breed of Ukrainian tech entrepreneurs seek success in global markets, Part 5

From Kyiv, to Warsaw, to London, Ukrainian startups continue growing and raising funds

February 28, 2023 February 28, 2023

In yet another sign of resilience amid the war, at least five funding deals involving Ukrainian or Ukrainian-founded startups were reported in the course of February. Finmap landed €1 million in a round led by Polish-American venture fund Smok Ventures, a Warsaw, Poland-based fund. Launched in 2018 by Ukrainian entrepreneurs Ivan Kaunov and Oleksandr Solovei, Finmap is …

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How Ukrainian startups survive “amid bombs, blackouts and evacuations” (podcast)

February 20, 2023 February 21, 2023

Recently Sifted, a major tech news outlet in Europe, met the founders of “some of the continent’s most resilient startups.” These Ukrainians are the heroes of a special podcast that appeared last week on the Sifted website. The program shows how these entrepreneurs, their teams and investors, sometimes “trapped in basements with Russian troops on …

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Kyiv-based startup raises $2 million to help blockchain transaction originators keep their profit

February 16, 2023 March 6, 2023

Ukrainian DeFi startup Kolibrio has announced its first round of funding, having raised $2 million from a consortium of Web3 investors. Jump Crypto led the round, with participation from Delta Fund and Everstake Capital alongside unnamed individual investors. The company is developing a solution to help blockchain transaction originators “get ownership of the order flow they …

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Ukrainian video service Megogo launches in Poland

February 7, 2023 February 10, 2023

Megogo, a Ukrainian video service with leading positions in Eastern Europe and Central Asia, is launching on the Polish market. The local service in Poland includes a library of on-demand movies and series as well as pay-TV packages with news, sports, entertainment, kids and educational content, industry media reported. Artur Patsula, who heads the head the …

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Ukraine IT firm Intellias opens development center in India

February 3, 2023 February 3, 2023

In spite of the war, Ukraine continues asserting itself as a global software development powerhouse. Intellias, one of the country’s major IT service firms, yesterday announced a new development center in Pune, India. Founded two decades ago, the firm now has a global presence with 15 offices in Europe — from Kyiv, to Berlin, to Malaga, …

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At $7.3 billion, Ukraine’s IT service export reached an all-time record in 2022

January 31, 2023 February 3, 2023

The resilience of Ukraine’s IT industry amid the war last year, which struck observers, has just been confirmed by official data. While the country’s GDP fell by some 30%, IT service export reached a record $7.34 billion, up $400 million from 2021, according to central bank statistics cited by the IT Ukraine association. “Such positive industry indicators …

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French and US businessmen announce €50 million new fund for Ukrainian startups

January 24, 2023 February 1, 2023

A team of French and US industry veterans is in the process of raising €50 million to support Ukrainian startups. Dubbed ‘Ukrainian Phoenix Fund,’ the new venture fund plans to invest in around 150 startups at the pre-seed and seed stages, said co-founder Dominique Piotet in an exchange with Ukraine Digital News. Funding in its …

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Australian firm opens office in Kyiv to train cyber warriors

January 17, 2023 January 19, 2023

Internet 2.0, an internationally-renowned Australian cybersecurity company, will train Ukrainian war veterans to ward off hackers as part of the nation’s defense efforts. Visiting Ukraine in December 2022, the company’s CEO Robert Potter signed an MoU with the ministry of digital transformation, according to media reports. He announced the opening of an office in Kyiv, aiming to support …

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CES 2022: Twelve Ukrainian startups showcase their inventions for the home, cafés, hospitals

January 12, 2023 January 17, 2023

Last week a dozen Ukrainian startups were featured at CES, the premier consumer electronics gathering in Las Vegas. “I think it takes a lot of courage for our Ukrainian friends to be here. They have proven how they are protecting themselves against Russia; but they’re also very entrepreneurial,” AFP quoted as saying Gary Shapiro, President of …

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A year in review: How Ukrainian tech resisted the war in 2022

January 4, 2023 January 5, 2023

Amid the destructions caused by the war, the Ukrainian tech industry demonstrated remarkable resilience. Most IT companies and startups managed to survive by moving their staff to a safer location inside the country or, more rarely, abroad. Many initiatives emerged to offer them assistance in both humanitarian and business terms. Meanwhile, on the digital front, …

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