After the rise of “low-code” and “no-code” development, now is the time of “Extreme No-Code,” according to Ukrainian-founded startup Platma, which has recently secured $2 million from international investors. No-code development has already gained traction as a method that allows users with little to no programming skills to quickly create applications, websites or modules that …
Is a new David emerging on the AI battlefields to challenge the tech Goliaths? Founded by Ukrainian entrepreneurs Nik Havryliak and Dmytro Dimenko and based in Cambridge, UK, Assisterr.ai has just raised $1.7 million to develop its “network of community-owned SLMs [Small Language Models].” The startup views AI as “a global threat” if it falls …
Demonstrating its commitment to “supporting Ukraine’s resilience and recovery with strategic investments,” Swedish development finance institution Swedfund is opening an investment office in Kyiv. Since the war broke out, the organization has supported Ukrainian SMEs in the IT/technology sector, among other sectors. SMEs are key to “boost job creation and increase access to essential goods …
Swedfund supports Ukrainian IT SMEs, opens investment office in Kyiv Read More
Ukrainian-founded, Boston-based enterprise software publisher Creatio has just secured $200 million in funding, valuing the company at $1.2 billion. This investment elevates Creatio to unicorn status, joining the ranks of other Ukrainian-rooted companies such as airSlate, GitLab, Grammarly, People.ai and Unstoppable Domains. Founded in 2013, Creatio has developed an “AI-powered no-code platform” to “automate CRM …
Boston-based Creatio raises $200 million, joins the ranks of Ukrainian-founded unicorns Read More
Last month, the Ukrainian Venture Capital and Private Equity Association (UVCA) achieved a significant milestone in establishing a fund-of-funds to support Ukrainian startup entrepreneurship. The “Ukrainian Fund of Funds” is now formally established with a legal entity registered in Luxembourg. The vehicle is managed by an experienced fund-of-funds manager, Ertan Can. “We are now starting …
Angel One, an angel venture fund established in 2022 by Ukrainian Catholic University, has facilitated syndicated investment deals of up to $300,000, involving six Ukrainian defense and dual-use technology startups. Among these startups is Buntar Aerospace, founded last year, which develops a reconnaissance air defense system. Another is Mantis Analytics, which provides AI technologies to counteract information warfare, while Swarmer offers …
Ukrainian Catholic University’s angel fund supports defense tech startups Read More
The Ukrainian-founded, UK-based neobank company Fintech Farm has completed an extension of its Series B round, one year after after an initial $22 million capital injection. The fintech secured $32 million in total in this round, which was co-led by Nordstar, a UK fund, and Bank of Georgia, a major, LSE-listed Georgian financial group. The previous …
Ukrainian-founded neobank company completes Series B round to enter Indian market Read More
Last month Ukrainian syndicate Toloka announced a €1 million investment in FINN, a Munich-based car service company. This capital injection complements a €100 million Series C round completed in January this year. Established just a year ago, Toloka already boasts six startups in its portfolio, the syndicate’s COO Anna Bilyk told Ukraine Digital News. Notable …
In recent weeks, Ukraine has witnessed a surge in defense tech innovation initiatives, signaling progress in this crucial sector. Among the news was the launch of Defence Builder, a startup accelerator aimed at fostering collaboration between Ukraine’s military, business and startup communities to develop technologies requested by the army. Defence Builder’s four-month program, tailored each time …
Could this Californian startup, founded four years ago by a Ukrainian entrepreneur, be a potential future legtech leader? OneNotary has developed an on-demand notarization solution, aiming to revolutionize what its founder Ivan Zinkov calls the “terrible and outdated” traditional experience of notarizing documents. The startup enables notaries and their clients, spanning both individuals and businesses, …
Ukrainian-founded legtech startup raises $5 million, inks partnership with DocuSign Read More
A new fund, ‘1991 Ventures,’ has been launched in London to support Ukrainian startup entrepreneurs, both within and beyond their war-affected nation, along with other Central and Eastern European (CEE) startup talents. The name ‘1991’ pays homage to the year of Ukraine’s independence amid the dismantlement of the Soviet Union. With an initial endowment of …
London-based new fund plans to invest £15 million in Ukrainian and CEE startup talent Read More
Kurs Orbital, a Turin-based startup founded by Ukrainian space industry veterans, has closed a €3.7 million seed funding round to accelerate the commercialization of its satellite servicing technology. The round was led by OTB Ventures, a prominent European DeepTech investor with a focus on Central and Eastern Europe. Other participants in the round include Czech Credo Ventures, Italian …
Ukrainian-founded startup in Italy aims to revolutionalize satellite servicing technology Read More
