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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Ukraine unveils roadmap to integrate cryptocurrencies by 2024

As a country where cryptocurrencies have enjoyed a growing popularity, Ukraine now also has a strategy to develop its virtual asset market within the next three years. The plan has been presented by officials from the Ministry of Digital Transformation, other government institutions and representatives of the private sector, Forklog reported. The roadmap envisages various regulatory, …

Ukraine unveils roadmap to integrate cryptocurrencies by 2024 Read More

Ukrainian VCs back Belarusian creative video editing startup Vochi

The Ukrainian venture capital firm TA Ventures and private investor club ICLUB have participated in the latest funding round of Vochi, reports AIN.UA. The Belarusian start-up raised $2.4 million in total in this late-stage round. Other investors include Angelsdeck, A.Partners, Startup Wise Guys and Kolos VC. Vochi has developed an app for creative video editing, leveraging a “unique computer-vision based technology.” Neural networks are …

Ukrainian VCs back Belarusian creative video editing startup Vochi Read More

Cloud platform Onlizer raises $500,000 to develop business automation

Onlizer, has raised $500,000 from QPDigital, a Ukrainian VC firm launched last year, in a pre-seed funding round. Founded in 2017, Onlizer provides a “new vision of service integration and business solution development,” helping companies “easily and efficiently automate processes and empower integration professionals with endless possibilities to scale their knowledge and skills.” Originating from …

Cloud platform Onlizer raises $500,000 to develop business automation Read More

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

Best Ukrainian startups invited to participate in international survey

RA Capital, a startup and VC research agency, has teamed up with eō Busines Incubators and Ukrainian Startup Fund to track the recent developments of Ukraine’s startup ecosystem and highlight 30 of the country’s most exciting startups. A first-of-its-kind survey aims to “identify potential unicorns” and to “analyze the impact of startup ecosystem development on …

Best Ukrainian startups invited to participate in international survey Read More

Globalized Eastern European startup founders are the darlings of a new wave of funds

Several venture funds emerged over the past few months with a specific focus on Eastern-European tech entrepreneurs operating across the world — offering new opportunities for Ukrainian tech entrepreneurs to develop their projects internationally. Thus The Untitled, an established Russian venture firm, has raised €100 million for a new, London-based vehicle that will typically invest in startups with Russian, …

Globalized Eastern European startup founders are the darlings of a new wave of funds Read More

Zerion secures $8.2 million to make decentralized finance accessible to all

Last week Zerion, a Californian decentralized finance (DeFi) startup with Russian and Ukrainian founders,announcedthe completion of a $8.2 million round. Led by Mosaic Ventures, the deal also involved Placeholder, Lightspeed, Blockchain.com Ventures and organizations — as well as a dozen of individual investors from the crypto community. Zerion touts its investing app as “the simplest …

Zerion secures $8.2 million to make decentralized finance accessible to all Read More

Ukrainian startup backed by local and foreign investors to prepare “the future of rehabilitation”

Last month ComeBack Mobility, a Ukrainian startup that develops smart crutch tips, raised $1 million in seed funding. The investor consortium included Fison, a Ukrainian fund  founded by Dmitry Tomchuk; Farmak Group, a Ukrainian pharmaceutical major, as well as several individual investors including Peter Chernyshov, the former CEO of top mobile operator Kyivstar, and French Frédéric Delfosse. Founded in 2020 and …

Ukrainian startup backed by local and foreign investors to prepare “the future of rehabilitation” Read More

Swedish-Ukrainian IT company shows the way to “sustainable software development”

Beetroot, a Swedish IT service company that builds teams of tech experts in Ukraine, has just released a report on the “critical role” of sustainability in its operations — offering an example of how an IT company may put sustainable development principles into practice. The report identifies some of the ways the company has contributed …

Swedish-Ukrainian IT company shows the way to “sustainable software development” Read More

Innovative science and technology center opens in Kramatorsk with UN and EU support

A new STEAM (Science, Technology, Engineering, Arts, Mathematics) education centre has opened in Kramatorsk, Donetsk oblast, under the UN Recovery and Peacebuilding Programme, partially funded by European Union. The centre will be a unique place for young people interested in technological innovations, and will aid in the professional development of teachers, who will actively apply the principles of …

Innovative science and technology center opens in Kramatorsk with UN and EU support Read More

Yuliya Sychikova of AVentures Capital: “Almost all Ukrainian venture deals are made with entities registered in other jurisdictions”

The US-Ukraine Foundation (USUF) offers a new episode of its On the Digital Frontier webcast series, with Mike Buryk discussing with AVentures Capital Director Yuliya Sychikova and UADN Chief Editor Adrien Henni the country’s current venture trends. The discussion stems from the key findings of ‘The Dealbook of Ukraine 2021,’ an industry report released in …

Yuliya Sychikova of AVentures Capital: “Almost all Ukrainian venture deals are made with entities registered in other jurisdictions” Read More

State in a smartphone: Inside Ukraine’s effort to replace bureaucracy with an app

When Volodymyr Zelensky ran for the presidency in 2019, he promised to change the tone of Ukrainian politics, which continued to be mired incorruption and backroom deals. One of his key focuses was on using technology to improve both the reality of day-to-day life and Ukraine’s image abroad under the motto of a “state in …

State in a smartphone: Inside Ukraine’s effort to replace bureaucracy with an app Read More

Datagroup acquires Volia with EBRD support to consolidate Ukrainian fixed telecom market

Last week Datagroup, a leading national fibre infrastructure and digital services provider in Ukraine, announced the acquisition of Volia, the country’s leading pay-TV and cable broadband service provider in the retail segment.  The details of the transaction were not disclosed. As reported in April, the European Bank for Reconstruction and Development (EBRD) supported the deal by providing $65 million in financing. …

Datagroup acquires Volia with EBRD support to consolidate Ukrainian fixed telecom market Read More

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