Startups - Ukraine Digital News

Major Swiss company acquires Ukrainian-founded proptech startup

November 16, 2022 November 21, 2022

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

November 11, 2022 November 15, 2022

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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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

November 5, 2022 November 7, 2022

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 Roosh invests in US and UK AI companies

October 3, 2022 October 4, 2022

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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Newly launched Ukrainian startup “leverages the power of NFTs for charities”

September 21, 2022 September 21, 2022

3×4, a Ukrainian-founded Web3 fundraising platform for non-profits, is launching its first campaign to support Children of Heroes. Teaming up with artists, this charity helps children who lost one or both parents during the war in Ukraine. It claims to have already supported 725 children as of Sept. 15, 2022. 3×4 is now raising funds …

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While Ukrainian startups demonstrate their resilience, VCs keep investing in Central and Eastern Europe

August 29, 2022 August 28, 2022

“Despite the ongoing conflict in the region, international VCs are more interested than ever in CEE startups,” notes Sifted, an online publication covering the European startup scene. The war has not stopped the surge of investment that the region has seen for the past two years. On the contrary: “while experts have predicted that the …

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One year after People.ai became a unicorn, its Ukrainian founder helps coordinate donations from Silicon Valley

August 23, 2022 August 28, 2022

While some Ukrainian employees feel guilty about leaving their country in wartime, People.ai’s founder Oleg Rogynskyy believes there are several ways to serve Ukraine from abroad. Rogynskyy himself helps coordinate contributions from the Silicon Valley tech community in favour of Ukraine, he said in an interview with Financial Times (see excerpts in TechUkraine.org). With “a gut …

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Ukraine’s start-up scene remains resilient, but needs support

August 16, 2022 August 17, 2022

Ukraine’s start-up scene continues to show remarkable resilience despite the ongoing Russian invasion of the country, although almost half now admit to having real concerns about their ability to continue operations at their current level without revenue, new investment, or financial support. In a major new survey carried out by Emerging Europe and Tech Emerging …

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Stuck in Kyiv, Ukrainian co-founder sees his company Unstoppable Domains become a unicorn in Silicon Valley

August 3, 2022 August 3, 2022

Last week Unstoppable Domains, a San Francisco-headquartered company incepted four years ago, announced the completion of a $65 million funding round involving 19 investors and bringing its valuation to more than $1 billion. The new unicorn specializes in “domains secured by blockchains”with such extensions as .crypto, .nft, .x, .wallet, .blockchain, etc. These domains are “more than …

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DressX creates digital clothes for Meta and operates first-of-its-kind NFT marketplace

August 2, 2022 August 3, 2022

DressX, a digital fashion launched in 2020 in California by Ukrainian Natalia Modenova and Daria Shapovalova, provides Meta with clothes for its Avatar Store. The first collection was made available on July 19, report Vogue Business and AIN Capital. “What we do is all about people expressing themselves and connecting, and a huge part of that is what …

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Belarus-founded startup Peech attracts $550,000 from Ukrainian Flyer One Ventures

July 26, 2022 August 3, 2022

In his native Belarus, 30-year-old tech entrepreneur Andrey Poznyak was once a political prisoner. He spent six months behind bars for protesting Belarusian dictator Alexander Lukashenko’s brutal crackdown on civil society following fraudulent elections in 2020. Poznyak later made his way to Ukraine, along with thousands of fellow techies, and in the fall of 2021 …

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Ukrainian-founded Preply, “the world’s leading brand in live language classes,” raises $50 million

July 19, 2022 July 21, 2022

Preply, a Ukrainian-founded online tutoring platform headquartered in Brookline, Massachusetts, has raised $50 million its Series C. The round was led Owl Ventures, a prominent edtech investor based in Silicon Valley, with participation from Preply’s previous investors Diligent Capital (Ukraine), Hoxton Ventures, Educapital, Evli Growth Partners as well as Grupa Pracuj co-founder Przemyslaw Gacek, alongside new …

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