Ukraine Digital News

Established in 2014, Ukraine Digital News (UADN.NET) is the first English language international information platform dedicated to the Ukrainian digital and IT industries. As a free resource, it provides news, market data, business analysis and updates pertaining to the Internet, e-commerce, IT services, software development, hardware and other innovation in the country as well as to related investment activity and the legal environment. UADN also conducts or participates in research activities that provide local and international audiences with in-depth analysis and quality data on these industries. UADN is published by Belgian company International Digital News.

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New East Tech Awards highlights Kyiv-based ‘brand health assessment’ startup

On Dec. 22 New East Tech Awards highlighted 11 startups from Eastern Europe operating in a variety of fields. Kyiv-based Looqme won the ‘Martech’ award. Founded in 2017, this startup offers a suite of products to “assess brand health with a focus on increasing business results.” These solutions include ‘LOOQME Hub’ (tracking and analysis of …

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Ukrainian IT companies team up to launch smart money startup fund

Three Ukrainian IT service companies — Sigma Software, Ideasoft and Datrics — have teamed to launch a venture fund to back Ukrainian founders from pre-seed to Series A. The three partners plan to invest “up to $1.5 million,” Sigma Software’s press service told Ukraine Digital News, expecting the fund to reach $15 million with additional LPs.  …

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New East Tech Awards: Highlighting the region’s best startups and investors (deadline: Dec. 17)

New East Tech Awards — for both startups and investors — aims to highlight the strongest players in the VC market and provide them exceptional collaboration opportunities, networking and resources.  Startups from the ‘New East’ (Eastern Europe, Central Asia and the Balkans) as well as VC funds, business angels and accelerators investing in the region are invited …

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New ‘Investors’ Book’ highlights 3,000 companies of Ukrainian tech ecosystem

The Ukrainian Venture Capital and Private Equity Association (UVCA) announces today the publication of its ‘Investors’ Book 2021.’ The book reflects the contributions of more than 150 market players to map and navigate the country’s tech ecosystem. Some 90 investors from 14 countries and more than 3,000 portfolio companies are mentioned. This publication also received the …

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Revolut co-founder Vladyslav Yatsenko: “We’re going to create 100 new IT jobs in Ukraine”

This past September Revolut, the UK-headquartered fintech giant, registered a legal entity in Ukraine. Local tech blog AIN.UA, which reported the news, interviewed Revolut co-founder Vlad Yatsenko — a Ukrainian native — about their new office and their strategy for the Ukrainian market. Yatsenko said he feels “proud of fact that Ukraine has so many …

Revolut co-founder Vladyslav Yatsenko: “We’re going to create 100 new IT jobs in Ukraine” Read More

Cutting through the paper chain: EU opens the digital path to trade in Ukraine

Endless paperwork, delays and the risk of data loss – these are common challenges faced by Ukrainian businesses involved in international trade. The paper chain not only uses up human resources, but ensuing delays can result in late payments and lost revenues, while insecure data can put an entire business at risk. However, there is good …

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Venture Camp in Dubai: A breathtaking business and leisure experience!

This VC Camp in the UAE will uniquely combine networking, learning, and adventure. Reserved for tech investors, this event offers a rare opportunity to find partners, discuss deals, learn from each other — and have loads of fun!  Camp features include:  Interactive masterclasses and group discussions Desert survival and best practices Sand buggies and 4×4 ride through sand dunes …

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Belarusian-founded Narrative BI raises $1.2 million in the US from Eastern European investors

Narrative BI, a software startup headquartered in San Francisco, has raised $1.2 million in a pre-seed funding round from a consortium of Eastern European investors. These include, in particular, Adventures Lab and Digital Future, two Ukrainian VC firms; Joint Journey, a Cyprus-registered vehicle of top Russian business angel Sergey Dashkov; and Elysium Venture Capital, a …

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Ukrainian-founded startup Grammarly now valued at $13 billion

What is the value of proper writing skills? Grammarly has a precise answer: $13 billion. This now famous Ukrainian-born startup has just raised more than $200 million in Silicon Valley at this astounding valuation. The funding was provided by  Baillie Gifford, an Edinburgh-based investment firm, and funds and accounts managed by BlackRock, among others.  Grammarly was founded in 2009 by Kyiv natives Aleksey Shevchenko and Maksim Litvin. Its AI-powered software …

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Ukraine’s first pavilion at Web Summit attracts 15,000 visitors in three days

This year, for the first time, Ukrainian had its booth at Web Summit. This huge tech conference took place in an offline format for the first time this year since before the pandemic.  The Ukrainian pavilion turned out to be “a huge success,” according to its organizers. Some 15,000 people visited it, which accounts from …

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Ukrainian crypto regtech startup inks $3.5 million “strategic M&A partnership” with Swiss company

Earlier this month Ukrainian startup Global Ledger announced a “strategic M&A partnership” with Swiss fintech Promethiem AG.  Founded in 2018 by Alex Fisun, Andrey Lazorenko and German Stogniiev, Global Legder is a blockchain forensic startup that allows banks, fintech companies and crypto startups to follow obligatory AML/CTF compliance rules for crypto assets. It “disrupts money laundering and cybercrime,” allowing banks …

Ukrainian crypto regtech startup inks $3.5 million “strategic M&A partnership” with Swiss company Read More

Russian-Ukrainian eSports team claims world title in Kyiv

Counter-Strike: Global Offensive is one of the most popular multiplayer first-person shooter games around, and the unofficial CS:GO world title now belongs to Natus Vincere (NAVI), a team based in Kyiv comprising Russian and Ukrainian players. In the final game of the latest Major Championship tournament (held in Stockholm over the past two weeks), NAVI …

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