The amount of investment in Ukrainian technology companies amounted to $ 571 million in 2020
Most of the investment in Ukrainian startups came from global companies that see Ukraine as a country for R&D offices. The report notes that out of the total amount of investments in the seed round, Ukrainian startups received $ 42 million, and at the stage of round A – $ 119 million.
Interestingly, four companies attracted 62% of all investments in companies with Ukrainian roots in 2020: GitLab, Creatio, Restream and Airslate. The fastest growing Ukrainian startup in 2020 was Reface.io with 70 million downloads of the application since the beginning of 2020.
Mostly foreign venture funds invested in Ukrainian startups: in the seed round their share was 66% compared to 34% of Ukrainian capital, and in round A foreign investors invested even more – 89%.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]
In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]
Malaysian companies can become participants in the management of the airports of Ukraine, Najib Razak (Najib Tun Razak) said Malaysian Prime Minister after talks with President of Ukraine Petro Poroshenko at a joint news conference in Malaysia. Julia Kovalev, First Deputy Minister of Economic Development and Trade of Ukraine explained, that here is we are […]
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Next year, Ukraine may face a number of macroeconomic risks that will greatly affect economic growth. The Ministry of Finance listed these risks. In particular, Ukraine may lose 0.6-0.8 percentage points of GDP growth due to too low grain yields, due to which the budget will not receive UAH 8.5 billion. At the same time, […]
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The commercial court of Kiev had arrested UAH 380,712 million of Creative PJSC, which is one of the largest domestic producers of oil and fat products and part of the Creative industrial group as security in the case of VTB Bank. According to the report, in January 2016, VTB Bank appealed to the court to […]
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In 2021, Russia’s Gazprom supplied 20.3 billion cubic meters of gas to Turkey, which is the maximum figure in less than nine months. This was reported by the company’s press service following a meeting of its chairman Alexei Miller with Turkish Minister of Energy and Natural Resources Fatih Donmez on Monday, September 20. At the […]
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Amazon, an online retailer, has received permission from the US Federal Aviation Administration (FAA) to use drones to deliver parcels to customers. The permit was issued for the Prime Air service. Bloomberg writes that now Amazon will be able to start delivering their orders to customers on a commercial basis. The company and its competitors […]
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Ukraine can start production of small modular reactors (MMR). Negotiations are underway between the Ministry of Energy and the Czech concern Witkowitz, according to the press service of the agency on Facebook. So far, the parties have agreed to exchange information and set up a working group to further work on the issue. Deputy Minister […]
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Good news from products company Lantmannen AXA was not long in coming! Company asked consumers: “What ingredients do you add most often to granola?” One of the most popular answers is nuts. We launched Super nuts Granola! The design has acquired the corporate style of the AXA Granola line. In combination with oatmeal, crispy honey […]
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The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]
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Mriya Agro Holding has received a proposal for the financing of working capital in the amount of $ 50 million to finish the season in 2016, reports the press-service of the company. According to the report, the Mriya company has received an offer from a consortium of current bondholders and from the international investors about […]
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The current management of the state company Ukrzaliznytsia does not intend to implement the initiative of the previous management to involve representatives of the German company Deutsche Bahn in the management of the Ukrainian railways. This was stated by the head of the board of the UZ Volodymyr Zhmak in the interview with the edition […]
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The National Commission for Energy and Utilities has revoked the license of Donetskoblgaz, Ukrinform reports. “To revoke the license of PJSC Donetskoblgaz for the right to conduct economic activity in the distribution of natural, oil and gas (methane) coal deposits, issued in accordance with the resolution of the National Electricity Regulatory Commission of Ukraine,” the […]
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During the last working week, the National Bank of Ukraine bought $ 20 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. The press service of the NBU announced this on Friday, October 1. Thus, the National Bank continued to buy currency […]
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Shares of Zoom Video Communications, which rose 716% over the past 12 months, rose 5.8% during trading on Monday, but closed with an increase of 1.23%. This is very different from the general decline in the market on Monday – major US stock indexes closed lower: the S&P 500 by 1.86%, the Dow Jones by […]
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Right away three the U.S. agencies announced on Tuesday, Sept. 29, to reach the agreement with JPMorgan Chase for the end of the criminal prosecution of the bank in exchange for the payment of multimillion fines. In total, the company must pay the US government more than $ 920 million. Statement from the Freight Exchange […]
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The company plans to raise $ 2.1 billion of investments in a new round of funding. All the necessary documents have been drawn up and passed in Delaware. The world’s largest taxi service Uber, which head office is based in San Francisco, plans to spend the funds on its expansion, service development in Asia and […]
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Ukrainian media notified again about the arrest of accounts of the shopping center Gulliver. The repeat arrest . It was publicized en masse, invoking the statement by the press service of the prosecutor’s office of Kyiv. According to the media, in a statement of the Metropolitan Prosecutor’s it is talking about the fact that “in […]
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