Last year saw the international triumph of a range of Ukrainian-founded tech companies. While Grammarly and GitLab became decacorns, other Ukrainian entrepreneurs raised dozens of million US dollars to boost their projects. The domestic scene was marked by good and bad news — from notable moves on the path to sustainable development, to persisting cyber threats and crypto scams. Ukraine Digital News covered these news all along the year.
Two Ukrainian decacorns
- Grammarly now valued at $13 billion (Nov. 19)
- GitLab lands on Nasdaq at $11 billion valuation (Oct. 14)
Top VC and M&A deals
- Globalized Eastern European startup founders are the darlings of a new wave of funds
- People.ai secures $100 million at $1.1 billion valuation (Aug. 13)
- airSlate nabs $90 million to assert its “no-code innovation leadership” (Jan. 13, Feb. 26)
- VistaPrint acquires Ukrainian Depositphotos for $85 million (Oct. 28)
- Leading low-code platform Creatio raises $68 million to fuel global growth (Feb. 26)
- Language tutoring marketplace Preply raises $35 million for “blitzscaling” (March 17)
- Revenue Grid raises $20 million “to revolutionize revenue intelligence” (Sept. 10)
Country woes
- Ukraine and Eastern Europe plagued by crypto scams
- Tackling cyberthreats: How Ukraine cooperates with Western agencies
- Mapping the routes of the Internet for geopolitics: The case of Eastern Ukraine
Among the year’s good news
- EU and EBRD help Ukrainian innovators combat climate change (Sept. 30)
- IT company shows the way to “sustainable software development” (July 7)
- Ukrainian digital ID cards and passports legally equated to ordinary ones (April 9)