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Report: How Ukraine’s Tech Companies Adapt to War Time After Breaking Records in Funding in 2021

Report: How Ukraine’s Tech Companies Adapt to War Time After Breaking Records in Funding in 2021

AVentures Capital, one of Ukraine’s top venture firms, has just released a new edition of its Dealbook of Ukraine. Each year, this publication offers an overview of the deals and trends involving Ukrainian and Ukrainian-founded tech companies. A “record high VC and PE volume” is reported for 2021, with more than $830 million invested in such [...]

Eleven Ukrainian Tech Companies iIncluded in the Top 100 Outsourcing Companies in the World

The International Association of Outsourcing Professionals (IAOP) has published its annual ranking of the world’s best outsourcing companies. It includes 11 Ukrainian IT companies as well as international outsourcers with large R&D offices in Ukraine. The association annually selects the best companies based on four criteria: reviews of customers certifications and awards innovativeness of solutions [...]
Hackers Who Stole $2.5 Billion from European Banks Exposed in Ukraine

Hackers Who Stole $2.5 Billion from European Banks Exposed in Ukraine

The Cyber Police has exposed a transnational hacker group, which had been spreading the computer virus EMOTET. According to the statement by the Ministry of Internal Affairs’ (MIA) press office, this virus has caused $2.5 billion in damage to American and European banks and financial institutions. How the scheme worked As reported by the Attorney General’s Office, since 2014, [...]
Ukrainian Unicorn Grammarly Invests in an American Startup

Ukrainian Unicorn Grammarly Invests in an American Startup

Ukrainian unicorn Grammarly, which creates an AI-powered writing assistant, has invested in the American startup Docugami‘s seed funding round. This is Grammarly’s first investment in another company. Docugami is not disclosing its valuation. Startup Docugami was founded in 2018 by former Microsoft team member Jean Paoli. He is also one of the inventors of XML. [...]
Marketplace for Ukrainian Objects of Art Kicks Off in Uanet

Marketplace for Ukrainian Objects of Art Kicks Off in Uanet

Ukrainians Roman Kirdanov and Aleksey Rozenkov launched intellectual property marketplace UNI.UA (Ukrainian National Intellect). This is a marketplace of objects of Ukrainian art and national heritage. On the website, anyone can buy the rights for commercial use of digitalized copies of paintings, videos and other objects of intellectual property. Therefore, owners of objects of art [...]
Ukrainian Startup Meredot Raises 50k Euros from the European Commission

Ukrainian Startup Meredot Raises 50k Euros from the European Commission

Ukrainian startup Meredot, developing wireless power transmission technology and chargers, raised 50k euros from the European Commission in the first phase of the Horizon 2020 SME program. Meredot notes that their technology resolves the problems with existing wireless chargers, i.e. low energy efficiency, low transmitted power and statics of gadgets. “The team’s developments made it [...]
Ukrainian Company PDFfiller Raises Millions in Investment and Changes Its Name

Ukrainian Company PDFfiller Raises Millions in Investment and Changes Its Name

Ukrainian company PDFfiller raised millions in investment. The investors are two major funds: Ukrainian and a foreign one. Investments amounted to approximately $30M, according to several sources on the market. Investments The foreign investor is the investment company General Catalyst. It became the lead investor in the transaction with an alleged investment of up to [...]
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