Countries. Ukraine - page 5

Ukraine-founded 1991 Ventures launches a $18.8M fund

UK-based VC firm with Ukrainian roots 1991 Ventures has launched a $18.8 million fund (£15 million fund) to invest in Ukrainian and CEE startups. The VC firm aims to support over 40 companies and will build on the Gurskys’ incubation and accelerator

International investments in Ukraine amounted to $1.7B over two years

Over the two years of the full-scale war with russia, the total volume of international investments in Ukraine reached $1.7 billion, of which $1.2 billion were invested in 2023 alone. The head of the KSE Institute, Nataliya Shapoval stated the

Ukrainian drone startup Buntar Aerospace raises $1M. Interview with the team

In the summer of 2023, Ivan Kaunov, co-founder of Finmap and ex-founder of Pix Backpack, created a new defense tech company. He was inspired by Star Wars and named it Buntar Aerospace (Бунтар means Rebell in Ukrainian). He and other co-founders, Kateryna Bezsudna and

Embracer exits russia, selling Ukrainian studios Fractured Byte and, likely, 4A Games to russians

Swedish video game holding company Embracer Group has announced today that it is exiting the russian market and selling its “daughter” Saber Interactive for $247 million. The Ukrainian game developer Fractured Byte will be transferred to a buyer with russian

Ukrainian e-government application Diia is now an open source

The Ukrainian Government has made the decision to make the base code of the e-governement Diia application an open source, according to Mykhailo Fedorov, the Digital Transformation Minister. This will allow other countries to import the code and launch their

20 Days in Mariupol wins the first OSCARS for Ukraine

On the night of March 11, the 96th Academy Awards ceremony took place in Los Angeles. Christopher Nolan’s biopic Oppenheimer collected the highest number of awards this year. The documentary 20 Days in Mariupol by Ukrainian journalist Mstyslav Chernov received

Grammarly co-founders’ net worth drops to $1.9B — Forbes

Forbes has updated the net worth of Grammarly co-founders Oleksiy Shevchenko and Maksym Lytvyn. According to Real Time Billionaires, their shares in the company have fallen by nearly 14%, and each now owns $1.9 billion in assets. Grammarly was founded

Ukrainian startup Awesomic opens a new office in San Francisco

Ukrainian startup Awesomic, creating a platform for hiring designers, has opened its first office in the USA. Now, in addition to Kyiv, the workspace will be in San Francisco, California. The company’s founder and CEO Roman Sevastyanov announced the news

MITS launched in Ukraine to support defense tech startups – investing up to $200k

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