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 Web3 startups raised $1 billion in four years

While Ukraine ranks third worldwide in the 2022 Global Crypto Adoption Index, Web3 startups with roots in this country raised nearly $1 billion in investments over the past four years. This and other interesting facts and numbers are contained in a report just published by Hypra, a Lisbon-based Web3 fund with a Ukrainian team.  According to this …

Ukrainian-founded Web3 startups raised $1 billion in four years Read More

Major Swiss company acquires Ukrainian-founded proptech startup

Earlier this month Ringier, an established Swiss media and technology company, announced the full acquisition of Homsters, a leading SaaS-provider for new property developments.  The two companies had developed a “successful strategic partnership since 2019 providing state-of-the-art technology to Ringier’s leading property portals in Switzerland and Poland,” says Ringier. Founded in Kyiv in 2015 by Ukrainian …

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Time magazine features Ukrainian bionic hand prosthesis among world’s best inventions

The Ukrainian maker of a next-gen hand prosthesis is making the cover of Time magazine, which has featured it this year among “200 innovations changing how we live.” With its five separate movable fingers, this lightweight prosthesis combines low-power electronics and light movable machinery design to articulate 288 metal, plastic or silicon components.  But not …

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Ukraine looks to technology to help rebuild its economy amid Russia’s onslaught

Ukraine had a notable presence at Web Summit, where it sought support from the global tech community to bolster its fight against Russia. Ukrainian officials and entrepreneurs said tech would be key to helping the country rebuild after Russia’s invasion. Some companies are ramping up hiring in Ukraine in a bet that the country’s tech industry will emerge …

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

As war rages, Ukrainian startups spread message of hope

LISBON – Ukrainian entrepreneurs brought a message of hope to this week’s Web Summit in Lisbon, Europe’s largest tech gathering that ended on Friday: the war has made them more resilient than ever. Standing next to her company’s stand, Olga Shapovalova, who works at education technology company Headway, said Russia’s invasion on Feb. 24 changed everything. …

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Ukrainian hacker group Hdr0: “We aim to destroy Russian supply lines so that Russians can feel the war for themselves”

In mid-September, the Ukrainian hacker group Hdr0 attacked the website of Mosoblenergo, a Russian state energy service provider. The hackers put on the home page a picture of Oleksiy Danilov, a high-ranking Ukrainian defense official, walking on the Red Square while the Kremlin was on fire. The hackers also obtained the database of company employees.  …

Ukrainian hacker group Hdr0: “We aim to destroy Russian supply lines so that Russians can feel the war for themselves” Read More

New angel fund aims to “invest in Ukrainian founders with a global mindset”

The UCU Foundation of the Ukrainian Catholic University has established an angel venture fund called Angel One Fund. It will “invest in Ukrainian founders with a global mindset,” says Angel One Fund’s website, covering such fields as edtech, fintech, SaaS and AI/ML The average ticket size will range from $50,000 to $200,000 per startup at the …

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Report: War spurs crypto activity in Ukraine

Since late February 2022, the Russian invasion of Ukraine affected all aspects of life in the two nations. Their populations have felt the war’s economic impact, including on cryptocurrency, as analysed in a recent report by Chainalysis.  Shortly after the war began, cryptocurrency transfers increased in Ukraine and steadily rose through June. In March, right after the war …

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Ukraine to hold national pavilion at WebSummit (Lisbon, Nov. 1-4)

Touting itself as “the capital of freedom,” Ukraine will welcome “dreamers, innovators and creators” to its national pavilion at WebSummit. This famous event will take place in Lisbon from Nov. 1 to Nov. 4 this year.  “Prominent startups, VC funds, IT service companies, government institutions, and ecosystem organizations of Ukraine are gathering together to present the biggest …

Ukraine to hold national pavilion at WebSummit (Lisbon, Nov. 1-4) Read More

In Western Ukraine, far from the front, new IT cluster gathers 100 companies

A new IT cluster has emerged in Western Ukraine’s Transcarpathia, a region that hosts a number of refugees from other regions of the countries that are torn or threatened by war.  Some 30,000 tech professionals were based in the region as of early September, up from just 2,000 before the war, according to Zhanna Kapitsa, …

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Ukrainian Roosh invests in US and UK AI companies

Last week Roosh, a Kyiv-headquartered company that develops international AI technologies, announced an investment in Neurons Lab.  This UK company provides research, development and consulting services for SMBs to create solutions in the field of artificial intelligence — typically in health tech, energy tech and other segments. Neurons Lab claims to develop up to ten projects per …

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