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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At $7.3 billion, Ukraine’s IT service export reached an all-time record in 2022

The resilience of Ukraine’s IT industry amid the war last year, which struck observers, has just been confirmed by official data. While the country’s GDP fell by some 30%, IT service export reached a record $7.34 billion, up $400 million from 2021, according to central bank statistics cited by the IT Ukraine association.  “Such positive industry indicators …

At $7.3 billion, Ukraine’s IT service export reached an all-time record in 2022 Read More

French and US businessmen announce €50 million new fund for Ukrainian startups

A team of French and US industry veterans is in the process of raising €50 million to  support Ukrainian startups. Dubbed ‘Ukrainian Phoenix Fund,’ the new venture fund plans to invest in around 150 startups at the pre-seed and seed stages, said co-founder Dominique Piotet in an exchange with Ukraine Digital News.  Funding in its …

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Australian firm opens office in Kyiv to train cyber warriors

Internet 2.0, an internationally-renowned Australian cybersecurity company, will train Ukrainian war veterans to ward off hackers as part of the nation’s defense efforts. Visiting Ukraine in December 2022, the company’s CEO Robert Potter signed an MoU with the ministry of digital transformation, according to media reports. He announced the opening of an office in Kyiv, aiming to support …

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CES 2022: Twelve Ukrainian startups showcase their inventions for the home, cafés, hospitals

Last week a dozen Ukrainian startups were featured at CES, the premier consumer electronics gathering in Las Vegas.  “I think it takes a lot of courage for our Ukrainian friends to be here. They have proven how they are protecting themselves against Russia; but they’re also very entrepreneurial,” AFP quoted as saying Gary Shapiro, President of …

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A year in review: How Ukrainian tech resisted the war in 2022

Amid the destructions caused by the war, the Ukrainian tech industry demonstrated remarkable resilience. Most IT companies and startups managed to survive by moving their staff to a safer location inside the country or, more rarely, abroad. Many initiatives emerged to offer them assistance in both humanitarian and business terms. Meanwhile, on the digital front, …

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Survey: 12% of Ukrainian startups shut down, 30% moved abroad at least partially during the war

Much has been said about the “resilience” of the Ukrainian tech sector amid the war (example), but what do entrepreneurs themselves say about the challenges they have faced since Feb. 2022?  Teaming up with the Ukrainian Startup Fund, the Polish-Ukrainian Startup Bridge conducted a survey about these “challenges that no entrepreneur can predict and which …

Survey: 12% of Ukrainian startups shut down, 30% moved abroad at least partially during the war Read More

From Kyiv, to Kharkiv, to Kherson: How US-made algorithmic warfare systems make the difference on Ukraine’s battlefields

The Washington Post has met Ukrainian military officers using software provided by US tech company Palantir to create detailed digital maps of Ukrainian battlefields. The technology takes advantage of “ubiquitous, unstoppable sensors that surround every potential battlefield,” with data coming from a variety of sources — from the most secret intelligence tools to commercial satellite imagery. …

From Kyiv, to Kharkiv, to Kherson: How US-made algorithmic warfare systems make the difference on Ukraine’s battlefields Read More

EBRD offers €500,000 to Ukrainian green tech companies

In spite of the war, as previously reported by Ukraine Digital News, the EBRD resumed this year its Climate Innovation Vouchers program in Ukraine. As much as €500,000 of new grants will soon be awarded to 13 innovative Ukraine-based companies. As reported by TechUkraine.org, these companies include Advansys, AEV Charging Factor, Carbominer, Ecofactor Charge, Frendt, Gardarica Tress, Input Soft, Konoplyany Technologii, Meredot, PDM Engineering, ReCon, Releaf Technology, S.Lab and …

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A crypto exchange with Ukrainian and Russian co-founders raises $5 million from US and Ukrainian funds

Tallinn-headquartered  crypto exchange Utorg raised $5 million in a round led by US fund Dragon Fly with participation from Hypra and TA Ventures, two funds with Ukrainian roots.   Completed in September but publicly announced only recently, the deal valued the startup at $50 million, Forbes Ukraine heard from an unnamed source. Founded in October 2020, …

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Ukrainian green tech startup wins €2.5 million grant to “revolutionize the paper industry”

Releaf Paper, a Ukrainian startup that transforms fallen leaves into paper products, will receive €2.5 million in grant money from EU Commission-backed EIC Accelerator.  The startup “beat out more than 6,500 competing companies,” said its co-founder Valentyn Frechka, a 21-year old biotechnologist, in an exchange with Tech.eu. Not only does Releaf Paper avoid cutting trees to produce …

Ukrainian green tech startup wins €2.5 million grant to “revolutionize the paper industry” Read More

Warsaw Industry Week connects Poland to Ukraine and the Balkans

A trade mission to Poland took place last month (Nov. 6-10), involving industry representatives from Ukraine, Albania and North Macedonia.  Carried out under the Machinery and Devices Industry Promotion Program, the mission aimed to promote the Polish industry while stimulating exchanges with international partners.  The program included a variety of B2B meetings with Polish companies, …

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Top French officials and businessmen pledge to support Ukraine’s digital sovereignty and development

On December 13 the French capital played host to the “Bilateral Conference for the resilience and reconstruction of Ukraine.” Touted as an initiative from the French president Emmanuel Macron and his Ukrainian counterpart Volodymyr Zelensky, the conference aimed to “outline [Ukraine’s] needs to ensure its economic resilience during the war and its medium-term reconstruction, as well as to encourage …

Top French officials and businessmen pledge to support Ukraine’s digital sovereignty and development Read More

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