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

From Kyiv, to Warsaw, to London, Ukrainian startups continue growing and raising funds

February 28, 2023

In yet another sign of resilience amid the war, at least five funding deals involving Ukrainian or Ukrainian-founded startups were reported in the course of February. Finmap landed €1 million in a round led by Polish-American venture fund Smok Ventures, a Warsaw, Poland-based fund. Launched in 2018 by Ukrainian entrepreneurs Ivan Kaunov and Oleksandr Solovei, Finmap is …

From Kyiv, to Warsaw, to London, Ukrainian startups continue growing and raising funds Read More

Kyiv-based startup raises $2 million to help blockchain transaction originators keep their profit

March 6, 2023

Ukrainian DeFi startup Kolibrio has announced its first round of funding, having raised $2 million from a consortium of Web3 investors.  Jump Crypto led the round, with participation from Delta Fund and Everstake Capital alongside unnamed individual investors. The company is developing a solution to help blockchain transaction originators “get ownership of the order flow they …

Kyiv-based startup raises $2 million to help blockchain transaction originators keep their profit Read More

Ukrainian video service Megogo launches in Poland

February 10, 2023

Megogo, a Ukrainian video service with leading positions in Eastern Europe and Central Asia, is launching on the Polish market. The local service in Poland includes a library of on-demand movies and series as well as pay-TV packages with news, sports, entertainment, kids and educational content, industry media reported.  Artur Patsula, who heads the head the …

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Ukraine IT firm Intellias opens development center in India

February 3, 2023

In spite of the war, Ukraine continues asserting itself as a global software development powerhouse. Intellias, one of the country’s major IT service firms, yesterday announced a new development center in Pune, India.  Founded two decades ago, the firm now has a global presence with 15 offices in Europe — from Kyiv, to Berlin, to Malaga, …

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

February 1, 2023

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

January 17, 2023

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

December 27, 2022

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

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

March 6, 2023

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

December 19, 2022

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

Google for Start-Ups announces latest batch of Ukraine Support Fund recipients

December 14, 2022

In March, Google announced a five million US dollars Google for Start-ups Ukraine Support Fund to allocate equity-free cash awards to back Ukrainian-founded tech companies so they can continue to strengthen their community and build a foundation for post-war economic recovery. Additionally, it provided Ukrainian start-ups with mentoring, networking and technical support, and a workspace within the …

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“Renaissance. Technology. Future”: Ukraine presents bid for 2030 World Expo to take place in Odesa

December 6, 2022

Odesa, Ukraine is among the cities shortlisted to host the World EXPO at the end of this decade. In the opinion of the organisers, the World Expo is an opportunity for nations to create “fleeting miniature worlds”, buzzing with future tech, arts and displays that foster a cultural dialogue with international peers. Odesa’s EXPO 2030 bid …

“Renaissance. Technology. Future”: Ukraine presents bid for 2030 World Expo to take place in Odesa Read More

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