Ukrainian AI startup gets $500,000 from Andreessen Horowitz to “Accelerate Games x Tech”

A Kyiv-based startup called Zibra AI is among the 32 participants — out of 1,600 applicants — in the first batch of Speedrun. Launched recently by Andreessen Horowitz (a16z), this accelerator aims to stimulate entrepreneur-led innovation in the gaming industry, which is often dominated by large companies. The Silicon Valley venture firm has committed up …

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Mykhailo Fedorov: Ukraine can inspire governments worldwide as they will eventually go digital

In a blog post published by Atlantic Council, Ukraine’s Digital Transformation minister analyzes the progress of digitalization in his country amid the war and its significance. In spite of the horrors of the invasion, “Ukrainians continue to open new businesses, get married, pay taxes, and apply for financial assistance from the state.” To a large …

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Live language learning platform Preply secures $70 million to bring AI to human teaching

The US-headquartered online tutoring platform Preply — one of the most famous Ukrainian tech success stories — has raised $70 million from top investors. This is an extension of Preply’s $50 million Series C of last year, combining equity and debt (60% and 40%, the company told TechCrunch).  The round was led by Horizon Capital, the Ukrainian PE/VC giant through its new fund HCGF IV, …

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IFC invests in Miratech, announces further massive support of Ukraine’s IT-driven reconstruction 

The International Finance Corporation (IFC) is considering investing some $1.5 billion in Ukraine’s banking sector, agribusiness and infrastructure, reports Reuters, citing a senior official of the World Bank’s affiliate.  The IFC has already provided nearly $400 million in support since the war broke out in February 2022, Alfonso Garcia Mora said on Friday in Kyiv as the …

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How Ukraine has become a testing ground for new military technologies

Since Russian invaded the country in Feb. 2022, a variety of new military technologies have been tested in Ukraine. Advanced technologies have made the difference on the ground — as exemplified by US software used by Ukrainian officers to create detailed digital maps of battlefields.  Meanwhile, Ukrainians have been developing their own innovation capabilities. Recent …

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After raising $550,000, this Ukrainian startup wants to bring drones to US farmers

FarmFleet is developing a “Robotics-as-a-Service” marketplace for farmers and their service providers. This will create new opportunities to perform or manage a variety of field operations involving drones and robots, optimize and adapt them to “changing weather conditions, limited resources and seasonal peak periods.” FarmFleet’s platform initially focuses on the use of spraying drones. The …

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Sequoia: “Ukrainian talent proves resilient”

The first edition of ‘Atlas,’ Sequoia’s guide to Europe’s technical talent, includes an article about the resilience of Ukraine IT workforce.  “While data regarding the Ukrainian tech scene amid the ongoing war is sparse and subject to fluctuations, a few undeniable facts illustrate the remarkable resilience of the country’s tech industry and its workforce,” write the …

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Ukraine to offer $1 million reward at anti-drone hackathon

 An “Anti-Shahed Drone Hackathon” will be held for Ukrainian teams this week-end (June 24-25). The initiative was announced by the ministry of Digital Transformation earlier this month as part of the ‘Drone Army’ project.  The authorities expect to bring together talented developers, engineers, cyberspecialists and volunteers in order to create advanced systems and technologies for detecting, tracking …

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Ukraine, Estonia, Lithuania and Luxembourg launch “IT coalition” to bring Ukraine closer to NATO

Ukraine, Estonia and Luxembourg have launched an “IT coalition” as part of the coordinated defense effort against Russia, Oleksii Reznikov announced on June 15 during a Ramstein meeting in Brussels  The Ukrainian minister of defense tweeted: “Today, at a UDCG [Ukraine Defense Contact Group] meeting, my colleagues, François Bausch [Luxembourg’s defense minister] and Hanno Pevkur [Estonia’s defense …

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European Commission allocates €20 million to integrate Ukrainian startups to EU ecosystem

Nearly one year after initial announcements, an EU-backed €20 million program to support Ukrainian high-tech startups is starting to take shape.  Earlier this week, the European Commission announced the winner of its competitive call. A “pan-European network of startup associations, enterprise support centres, incubators and accelerators” will be formed to help Ukrainian innovators integrate into …

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