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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Ukrainian-founded digital transformation major Grid Dynamics acquires e-commerce solution provider

Grid Dynamics, a Ukrainian-founded, NASDAQ-listed digital transformation consultancy and solution provider, has acquired Tacit Knowledge, a major provider and integrator of digital commerce solutions.  “We are pleased to welcome Tacit Knowledge to the Grid Dynamics family. [This company] excels at consulting for top global brands, differentiate through a focus on digital transformation, and consistently deliver the highest …

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Ukrainian Startup Fund rewards 13 promising startups

Earlier this month, the state-backed Ukrainian Startup Fund (USF) announced the winners of the 23th and 24th editions of its Pitch Day. The jury selected 13 startups among 24 applicants. Winners received $25,000 and $50,000 grants totalling $425,000.  Nine companies at the pre-seed stage received $25,000 grants: Geron, for its product ‘GeronCore – A living heart,’ which are …

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Mapping the routes of the Internet for geopolitics: The case of Eastern Ukraine

A team of French and US researchers has just published a paper about the geopolitical significance of data routing, through the analysis of Eastern Ukraine. Their paper proposes “new methodologies to understand and represent the new forms of power rivalries and imbalances that occur within the lower layers of cyberspace.” “We [selected] Eastern Ukraine as …

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Belarusian entrepreneur finds safe harbor in Ukraine, raises $300,000 to develop edtech startup

EduDo, an edtech startup with Belarusian roots, has closed a $300,000 funding round led by the Ukrainian venture firm Adventures Lab with participation from Cyprus-based venture studio Embria and Russian business angel Dmitry Vasiliev.  The deal was reported in late April by Ukrainian tech blog AIN.UA, which cited an exchange with a fund representative. The …

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‘Ukraine in Washington:’ Policy makers and industry leaders discuss bilateral developments and tech innovation (May 11-13)

On May 11-13 the US-Ukraine Foundation (USUF) will hold a three-day online conference, gathering a bevy of high-level government officials, policy experts and business leaders. A special emphasis will be placed on startups and innovation. One of the hallmarks of the event will be a virtual expo hall, where participants will be able to view and interact with …

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Ukrainian entrepreneur launches mental health support platform in the USA

A figure of the Ukrainian tech and venture scene, Oleksii (Alexey) Vitchenko, has launched and funded an online mental health support platform in the USA.  Founded in early 2021, Calmerry has set for itself the mission of “making therapy affordable and accessible to anyone.”  Subscription plans start from just $42 a week, allowing people with …

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Eastern Europe quarterly review: Major Ukrainian deals secured abroad, Belarusian startups adapt to political turmoil

Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends from Eastern Europe. The last column by EWDN Chief Editor Adrien Henni highlights the most notable industry facts and trends in the first quarter of 2021.  Almost no major local deals took place in this period, but Eastern European tech …

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EU program backs video-conferencing platforms for Ukrainian researchers and educators

The URAN Association, the national research and education network (NREN) of Ukraine, supports remote communications services to researchers and educators. These services include eduMEET, which was deployed with EU support as part of the EU4Digital program.  A web-based, secure online video-conferencing service, eduMEET was developed by the NREN community in the EU-funded GÉANT project GN4-3. In …

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How German and Ukrainian innovators tap the potential of robotics and automation (online event, April 27)

Leveraging its assets in the fields of IT and digital solutions, Ukraine offers many opportunities for successful business partnerships. Many emerging startups as well as established companies from this country already operate internationally.  To develop this potential through bilateral exchanges, the German Eastern Business Association, NRW.Global Business (the North Rhine-Westphalia trade and investment agency), and the German-Ukrainian Chamber of …

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At 1.8% of net salary, Ukraine ranks 16th in Europe for broadband Internet expense

AddictiveTips.com, an online resource on apps, phone and the web, has calculated the cost of broadband Internet relative to users’ income across 37 European countries. Price data came from Cable.co.uk and salary data from Numbeo.  Ukraine ranks 16th as the average broadband expense in this country (€64.66 per year) accounts for 1.8% of Ukrainians’ net salary (€3.580 per year).  Albania features the highest …

At 1.8% of net salary, Ukraine ranks 16th in Europe for broadband Internet expense Read More

‘Ukraine in Washington:’ Top policy makers and industry leaders discuss bilateral developments and tech innovation (May 11-13)

On May 11-13 the US-Ukraine Foundation (USUF) will hold a three-day online conference, gathering a bevy of high-level government officials, policy experts and business leaders. Speakers will share their views on the current state of the US-Ukraine strategic partnership and discuss opportunities for advancing business and other prospects. Among the topics covered will be the first steps …

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EBRD provides $65 million loan to Ukrainian telecommunications leader

The EBRD has provided a $65 million loan to Datagroup, a leading national fibre infrastructure and digital services provider in Ukraine, to back the the acquisition of Volia, the country’s leading pay-TV and cable broadband service provider in the retail segment.  The aim of the acquisition is “to build a stronger, more competitive telecommunications operator with improved …

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