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Zelensky announces ‘digital lend-lease’ for Ukraine

Ukraine’s president Volodymyr Zelenskyy addressed The Next Web conference in Zaandam via augmented reality on Thursday, announcing a programme of ‘digital lend-lease’ in which Ukraine could be used to develop new technologies in return for financial and technological support. The scheme envisions tech firms developing new technologies in Ukraine to build a ‘new Ukraine together, …

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European angel investors have bussed more than 7,500 Ukrainians to safety

Brooks Newmark, an angel investor in the U.K. and former senior partner at Apollo Global Management, was in Kharkiv, Ukraine, yesterday—where he has been trying to evacuate approximately 180 disabled children and their caregivers to safety. “In a quiet garden listening to bombs dropping in the distance,” he told me via email, shortly before our second …

European angel investors have bussed more than 7,500 Ukrainians to safety Read More

Meta takes down deepfake of Ukraine’s President Zelensky surrendering

Meta removed an altered video falsely depicting Ukrainian President Volodymyr Zelensky ordering troops to surrender Wednesday. The video is the latest alarming milestone in the parallel information war accompanying Russia’s brutal invasion of neighboring Ukraine, but it was a moment that Ukraine’s government and social media companies appear to have been prepared for. Meta Head …

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How is the war in Ukraine affecting the country’s tech workers?

In normal times, Vadim Lobarev would spend his day sifting through job candidates’ CVs, filtering out the best from the worst. Today he’s stationed at a Ukrainian military checkpoint, rifle in hand, trying to filter out harmless, civilian passers by from Russian informants who might be sending intelligence to the country’s invaders. The 41-year-old is …

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Revolut co-founder Vladyslav Yatsenko: “We’re going to create 100 new IT jobs in Ukraine”

This past September Revolut, the UK-headquartered fintech giant, registered a legal entity in Ukraine. Local tech blog AIN.UA, which reported the news, interviewed Revolut co-founder Vlad Yatsenko — a Ukrainian native — about their new office and their strategy for the Ukrainian market. Yatsenko said he feels “proud of fact that Ukraine has so many …

Revolut co-founder Vladyslav Yatsenko: “We’re going to create 100 new IT jobs in Ukraine” Read More

Facebook sues Ukrainian hacker for selling user information from 178 million accounts

Facebook is suing a Ukrainian national suspected of scraping and selling information from 178 million users on the platform in 2018-2019, according to American publication Insider. According to the court documents, Ukrainian hacker Alexander Solonchenko exploited a feature in Facebook Messenger called ‘contact importer,’ which allows users to sync their phone address books and view which of …

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

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 …

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

Ukrainian entrepreneur launches mental health support platform in the USA

A figure of the Ukrainian tech and venture scene, Oleksii (Alexey) Vitchenko, has launched and funded an online mental health support platform in the USA.  Founded in early 2021, Calmerry has set for itself the mission of “making therapy affordable and accessible to anyone.”  Subscription plans start from just $42 a week, allowing people with …

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Dutch businessman roots for local IT talent but corruption remains shocking

When Dutch investor Theo Schnitfink made it to Ukraine some 12 years ago to open an office of his software development firm Symphony Solutions, he was amazed with the level of skill of Ukrainian software engineers. Corruption in the country didn’t scare Schnitfink away, but he admits he was shocked when he faced it himself. …

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Ukrainian-founded startup vanishes after raising millions from top international investors

Sixa, an American startup with Ukrainian founders, has disappeared from all radars, raising suspicious about the reality of its business. After injecting millions of US dollars in the venture, investors now doubt that any team or products have remained of this startup.  As reported by Telegram channel Russian Venture, Sixa founders stopped contacting its investors, citing German Kaplun of TMT Investments. In mid-2016, this London-based fund with Russian connections invested $300,000 in Sixa at …

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Alibaba founder Jack Ma praises Ukraine in Kyiv event

Flamboyant Chinese billionaire Jack Ma has come to Ukraine to praise its “intelligent” people, young government and willingness to change. It is Ma’s first visit to Ukraine. Ma, a co-founder of tech behemoth Alibaba and one of the world’s wealthiest people, came to Kyiv on Nov. 8 to give a pep talk to the business community. Talking …

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