Data & reports - Ukraine Digital News

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

December 13, 2021 December 14, 2021

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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Report: Ukraine and Eastern Europe plagued by crypto scams

September 3, 2021 November 28, 2021

Earlier this week Chainalyis published the key findings of their 2021 Geography of Cryptocurrency report. According to this research, Eastern Europe is severely affected by illicit cryptocurrency-related activity. In relative terms, the region is second after Africa in terms of exposure — but its overall crypto economy is much larger than that of Africa. Ukraine accounted for “most of …

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Report: Cost is no longer the only trademark of CEE IT service industry

August 25, 2021 August 25, 2021

Cost is no longer the only trademark of the CEE region, shows a whitepaper just released by Daxx, a software development and technology consulting service provider with development centers in Ukraine. The time for mere business processes outsourcing to countries like Ukraine just for the sake lowering costs is gone for good. As Central and …

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

July 7, 2021 July 14, 2021

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 …

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

Report: Ukraine ranks 34th among world’s best countries for startups

June 25, 2021 July 12, 2021

Foreign businesses and investors call Ukraine an inspiring country: Despite years of economic difficulties, it still manages “to create technology that is both scalable and global,” reads StartupBlink’s just released annual report on startup ecosystems. According to the report, Ukraine ranked 34th in the list of 100 startup-friendly countries — it lost five points compared …

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

June 22, 2021 June 22, 2021

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 …

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

April 21, 2021 April 20, 2021

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 …

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Investment in Ukrainian-founded startups reached record high $571 million in 2020

April 5, 2021 April 7, 2021

In 2020, the total VC and PE investment volume in Ukrainian or Ukrainian-founded tech companies reached a record high $571 million. This data is provided by AVentures Capital, a major local VC firm, in its authoritative VC report published last month. The volume of seed deals more than doubled year-on-year to $42 million. Meanwhile, the volume of …

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Report: Ukraine’s IT export exceeded $5 billion in 2020

March 3, 2021 March 3, 2021

Last month the Ukrainian online tech resource TechUkraine has released its annual report on the country’s tech sectors. “While 2020 has been a year of groundbreaking changes, the Ukrainian tech sector has demonstrated its proactivity, flexibility, continued job creation, great kicks off, and investment deals,” believe the authors of the report. These achievements came as the country …

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2020 in Eastern Europe: Resilience in Ukraine, revolution in Belarus; battle of titans in Russia

January 26, 2021 January 26, 2021

Crunchbase and East-West Digital News — the publisher of UADN.NET — are teaming up to cover key tech and venture trends from Russia and other countries of the former Soviet Union. The latest column, by EWDN chief editor Adrien Henni, highlights the most notable industry facts and trends of the past year. These include, in particular: The strong appeal …

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Ukraine tops global cryptocurrency adoption ranking

September 10, 2020 September 13, 2020

Ukraine is leading an international country ranking for cryptocurrency adoption, coming ahead of Russia, China, South Africa, Nigeria, Kenya, and the US. The 2020 Global Crypto Adoption Index, compiled by blockchain data analytics firm Chainalysis, offers a review of 154 countries. This crypto adoption index is made up of four metrics, calculated by “estimating total …

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Report: With abundant tech talents, Kyiv startup ecosystem is the best in emerging Europe

June 11, 2020 June 14, 2020

Ukraine’s capital Kyiv has been revealed as emerging Europe’s best start-up ecosystem in a new report carried out by Startup Blink, a start-up mapping an research centre. As part of research which looked at 1,000 cities across the globe, Kyiv was named as the 32nd best ecosystem in the world, the eighth best in Europe …

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