Olha Karpenko

US-based Veeam halts sales in Russia but seems to still be operating there

At the beginning of March 2022, Veeam, an IT company founded by Russian businessmen and based in the US, publically stated that it condemned the military aggression against Ukraine and put all sales in Russia on pause. But according to AIN.Capital data,

“Inglorious Basterds” on Ukrainian cyber front: how white hackers are fighting against Russia

Since the beginning of the full-scale Russian invasion of Ukraine, many cybersecurity experts have joined the Ukrainian cyber front. They carry out DDoS attacks on Russian resources, defacing Russian sites, taking their popular services offline, and even more drastic operations. One of

New investment firm 7 Wings invests $300k in six Ukrainian startups

At the beginning of April 2022, Ukrainian entrepreneur Denis Dovgopoliy announced the creation of a new investment company for Ukrainian startups. As AIN.Capital found out, on May 16, 7 Wings named the first six projects that received grants of $50,000. 7 Wings

“We believe in Ukraine, so we invest in Ukraine”: Lithuanian business invests in Ukraine’s Mebelok

The Lithuanian online furniture store Furniture1.eu has announced an investment in a similar Ukrainian project, the online store Mebelok. Pijus Makarevicius, CEO of Furniture1.eu, wrote about it on Linkedin. This is Furniture1.eu’s first investment in the Ukrainian market. The financial

Dealbook 2022: The volume of deals in the Ukrainian venture capital market reached $832M

The investment firm AVentures Capital has published a study of Ukraine’s venture capital and IT market for last year, Dealbook 2022. AIN.Capital shares the key figures. Most of the data for the report has been collected before the war. But the study

Valve stops paying Ukrainian game developers

Valve Corporation, an American video game developer, has stopped making payments for games to Russian, Belarusian, and Ukrainian developers. While the halt of payments to users from Russia and Belarus can be explained by the war and sanctions, the decision

Tweeting #ArmUkraineNow hashtag to make governments send weapons to Ukraine: how to participate

A group of Ukrainian activists has been trying to get the hashtag #ArmUkraineNow trending on Twitter. That would help persuade governments of other countries to provide Ukraine with heavy arms so that it could counter Russian aggression. To do this,

New VC firm hi5 Ventures launches in Ukraine

Adventures Lab Managing Partner Andrew Kryvorchuk has left the investment firm and plans to launch a new one called hi5 Ventures. He told AIN.Capital how the new firm will work and how startups can apply. “On the one hand, the war has slowed down (but

Ukrainians develop a Street Fighter-style game where Musk kicks Putin’s ass

Ukrainian game developers have written a Street Fighter-style browser game where Elon Musk’s character fight against Russian officials, in particular, Ramzan Kadyrov and Russian President Vladimir Putin. Also, after the game, a player can donate to the Palianytsia (Паляниця) foundation,