In a blog post published by Atlantic Council, Ukraine’s Digital Transformation minister analyzes the progress of digitalization in his country amid the war and its significance. In spite of the horrors of the invasion, “Ukrainians continue to open new businesses, get married, pay taxes, and apply for financial assistance from the state.” To a large …
In spite of the war, the EBRD has launched a new edition of its Climate Innovation Vouchers program in Ukraine. Operated by Greencubator, a Ukrainian non-profit for sustainable entrepreneurship, this €1.5 million program has provided grants of up to €50,000 to more than 35 startups so far. The program targets innovative SMBs develop or implement technologies that reduce greenhouse gas …
EBRD and Greencubator launch new edition of green grant program for Ukrainian SMBs Read More
In spite of the recent market downturn, investors have not lost their faith in the future of decentralized finance (DeFi). Illustrating this, Stroom, a Kyiv-based startup developing a liquid staking protocol, has just raised $3.5 million from international investors. Stroom’s protocol bridges the Bitcoin Lightning Network (LN) with Ethereum Virtual Machine (EVM)-compatible blockchains. According to the …
Ukrainian DeFi startup secures $3.5 million from international investors Read More
Earlier this month Peoplelogic, a leading US platform for “organizational success in the future of work,” announced the acquisition of Plai, a Ukrainian-founded startup headquartered in Los Angeles. Neither the amount nor other details of the transaction were disclosed. Founded in 2019 by Ukrainian entrepreneurs Andrii Bas, Sasha Chepurnoi and Oleh Kryvytskyi, Plai has developed a people …
US market leader acquires Ukrainian-founded HR performance software startup Read More
A Kyiv-based startup called Zibra AI is among the 32 participants — out of 1,600 applicants — in the first batch of Speedrun. Launched recently by Andreessen Horowitz (a16z), this accelerator aims to stimulate entrepreneur-led innovation in the gaming industry, which is often dominated by large companies. The Silicon Valley venture firm has committed up …
Ukrainian AI startup gets $500,000 from Andreessen Horowitz to “Accelerate Games x Tech” Read More
In a blog post published by Atlantic Council, Ukraine’s Digital Transformation minister analyzes the progress of digitalization in his country amid the war and its significance. In spite of the horrors of the invasion, “Ukrainians continue to open new businesses, get married, pay taxes, and apply for financial assistance from the state.” To a large …
The US-headquartered online tutoring platform Preply — one of the most famous Ukrainian tech success stories — has raised $70 million from top investors. This is an extension of Preply’s $50 million Series C of last year, combining equity and debt (60% and 40%, the company told TechCrunch). The round was led by Horizon Capital, the Ukrainian PE/VC giant through its new fund HCGF IV, …
Live language learning platform Preply secures $70 million to bring AI to human teaching Read More
The International Finance Corporation (IFC) is considering investing some $1.5 billion in Ukraine’s banking sector, agribusiness and infrastructure, reports Reuters, citing a senior official of the World Bank’s affiliate. The IFC has already provided nearly $400 million in support since the war broke out in February 2022, Alfonso Garcia Mora said on Friday in Kyiv as the …
Since Russian invaded the country in Feb. 2022, a variety of new military technologies have been tested in Ukraine. Advanced technologies have made the difference on the ground — as exemplified by US software used by Ukrainian officers to create detailed digital maps of battlefields. Meanwhile, Ukrainians have been developing their own innovation capabilities. Recent …
How Ukraine has become a testing ground for new military technologies Read More
FarmFleet is developing a “Robotics-as-a-Service” marketplace for farmers and their service providers. This will create new opportunities to perform or manage a variety of field operations involving drones and robots, optimize and adapt them to “changing weather conditions, limited resources and seasonal peak periods.” FarmFleet’s platform initially focuses on the use of spraying drones. The …
After raising $550,000, this Ukrainian startup wants to bring drones to US farmers Read More
The first edition of ‘Atlas,’ Sequoia’s guide to Europe’s technical talent, includes an article about the resilience of Ukraine IT workforce. “While data regarding the Ukrainian tech scene amid the ongoing war is sparse and subject to fluctuations, a few undeniable facts illustrate the remarkable resilience of the country’s tech industry and its workforce,” write the …
Will a more digital and cleaner Ukraine be a legacy of the current war? This is what the nation is aiming to, if judging by president Zelensky’s statements at the Ukrainian Recovery Conference (URC), which just took place in London. Technology and ecology are central to his vision for reconstruction — soon after the destruction of …
An “Anti-Shahed Drone Hackathon” will be held for Ukrainian teams this week-end (June 24-25). The initiative was announced by the ministry of Digital Transformation earlier this month as part of the ‘Drone Army’ project. The authorities expect to bring together talented developers, engineers, cyberspecialists and volunteers in order to create advanced systems and technologies for detecting, tracking …
Ukraine to offer $1 million reward at anti-drone hackathon Read More
