The volume of export of IT services from Ukraine for April 2024 fell by 3% and amounted to $545 million, according to the report of the National Bank of Ukraine. The value of IT exports of Ukraine decreased by $20 million (approximately 3%) compared to March 2024 ($565 million), but this is $27 million more … Read more
The first Ukrainian fund Ruta.vc, which will invest in the sport tech sector, was launched in Ukraine. The fund will focus on software and hardware projects at the pre-seed and seed stages. The future check amounts are yet undisclosed. The fund’s team includes two people: Dmytro Bondarenko, the general partner of Ruta.vc, who is also … Read more
The Ukrainian platform for finding tutors BUKI was included in TIME’s recent ranking of the best EdTech “rising stars” companies of 2024. In this rating, the company took the sixth place, being the only one from Ukraine overall. This year, TIME, together with Statista, an international provider of market and consumer data and rankings, for … Read more
Ukrainian u.ventures with its head office in Kyiv became an investor in the Ukrainian startup Competera which develops an intelligent price optimization platform for retailers. u.ventures is the latest investor in the company during its seed+ round. It is a capital fund established by WNISEF dedicated to supporting early-stage Ukrainian and Moldovan technology startups that … Read more
Ukraine-founded recruitment startup JobCannon officially announces its acquisition of Ukrainian startup Adsme. JobCannon uses AI to simplify job searches and talent acquisition, connecting job seekers with their dream roles and helping employers find their ideal candidates. Adsme’s technology allows for real-time forecasting of over 20 million results in visual and textual advertising on Meta Ads (Facebook, Instagram) and … Read more
Kurs Orbital, a Turin-based startup founded by Ukrainian space industry veterans, has closed a €3.7 million seed funding round to accelerate the commercialization of its satellite servicing technology. The round was led by OTB Ventures, and joined by Credo Ventures, Galaxia, and Inovo.vc, TechCrunch reports. “Currently, there are no off-the-shelf rendezvous and docking technologies available, so any … Read more
The Ukrainian team, together with American partners, have announced the launch of MITS, Military Innovation Technology Solutions. According to the press release, the program is intended to help Ukrainian defense technology startups find partners, scale up, and offer the best defense technology products to the Armed Forces of Ukraine. An investment of $200,000: $100,000 in … Read more
Carbominer, a Kyiv-based modular direct air capture technology provider, has secured a €1.5 million grant from the EIC Accelerator Fund. Following this grant, Carbominer plans to raise an additional €7.5 million in equity in the future. The startup was previously funded by Ukrainian fund SMRK VC and in 2023 raised additional funding from Swiss Business Angel. Carbominer … Read more
Ukrainian and American companies in the field of leading defense technologies have launched a program to support Ukrainian technology startups in the defense field called MITS (“Power”). The program aims to help young technology companies find the best partners and to scale, and it allows the Ukraine’s military to gain access to the best defense … Read more
Ukrainian startup HOMErs has raised €500,000 in a fresh funding from a personal network of angel investors. The startup is building fully furnished modular homes for Ukrainians who lost their dwellings, Sifted reports. HOMErs was founded in 2022 as the response to housing shortage just after Russia’s full scale invasion of Ukraine. The company is … Read more