News

Kyivstar TV’s revenue exceeded UAH 1 billion in 2024

The Ukrainian streaming service Kyivstar TV showed a 64% increase in revenue to UAH 1.02 billion in 2024. In 2023, the revenue figure was UAH 652 million. This was reported...

The Ministry of Defense has created a Space Policy Department. The goal is to have our own satellites for defense

The Space Policy Directorate has been established at the Ministry of Defense. This was announced during the Space For Ukraine forum. The main goal of the new structure is to...

American-Ukrainian Regrow Ag has raised a new round of investment

The American-Ukrainian company Regrow Ag has attracted new investments from SE Ventures. Financial details of the deal are not disclosed. Scroll.media tells what is known. Regrow Ag works in the...

Ukrainian Deus Robotics Among the World’s Top 50 Logistics Robotics Companies

Ukrainian company Deus Robotics has been ranked among the world’s 50 best logistics robotics companies by F6S, securing an impressive third place. “This recognition is more than just a number...

MacPaw Named One of Fast Company’s Most Innovative Companies

The American business magazine Fast Company has released its list of the most innovative companies across Europe, the Middle East, and Africa — and Ukrainian tech company MacPaw has made...

Ukrainians launch ID Accelerator for startups – free of charge

Ukrainian tech startups at the idea or pre-seed stage are invited to join the first-ever ID Accelerator program. Applications are now open, and the program kicks off on April 1....

Ukrainian Defense Tech Startup M-FLY Raises $1.3M

Ukrainian startup M-FLY has secured $1.3 million in funding from angel investors and four venture funds, according to AIN.UA. Funding details The investment round included backing from Resist.ua, MITS Capital,...

DTEK’s IT Subsidiary Modus X Generated UAH 1.8B in Revenue in 2024. What’s Next?

Forbes recently published an interview with Modus X CEO Dmytro Osyka. Modus X, formerly the IT division of DTEK, was spun off as a separate company in September 2022 and...

TRMNL4 and Snap Inc. Launch Traction Builder for Startups

Ukrainian project TRMNL4 and U.S. tech giant Snap Inc. have teamed up to launch Traction Builder, a new accelerator program for startups. Unlike traditional accelerators, this one is equity-free. The...

$59M Invested in Defence Tech in 2024

Ukrainian venture fund AVentures Capital has released its annual DealBook of Ukraine report. One of the report’s focus areas is defence tech funding in 2024. According to the report, a...

USAID Shutdown Will Not Affect Starlink Operations in Ukraine

Following statements from Donald Trump and his team about suspending USAID's operations for 90 days due to audits, reports emerged suggesting that Ukraine might face issues with Starlink terminals. It...

Ukrainian Startup ChoiceQR Secures €1M Investment from Smartlink Partners

Ukrainian startup ChoiceQR, which develops automation services for restaurants, has raised €1 million in funding, Forbes reports. The investment, provided by Polish fund Smartlink Partners, comes in the form of...

NBU: Revolut Must Obtain a License in Ukraine

The National Bank of Ukraine (NBU) has stressed the need for Revolut to obtain a license to operate in the Ukrainian market. What happened “As of now, Revolut Bank UAB...

Ukrainian F1V Portfolio Company Exits for $160M

Publicly traded company Triumph Financial has acquired US-based AI startup Greenscreens.ai in a deal worth $160 million — $140 million in cash and an additional $20 million in TFIN shares....

Sigma Software Group Takes Over American A Society in a Deal Valued at Over $5M

Swedish-Ukrainian IT company Sigma Software Group has announced a new acquisition: the company is taking over A Society Group, a U.S. consulting firm operating in the IT and engineering sectors....

Oppenheimer Acceleration Invests in Ukrainian Startup PanoptesAI

Ukrainian-American fund Oppenheimer Acceleration has invested in the Ukrainian startup PanoptesAI, as reported by Forbes. PanoptesAI is developing an AI system that integrates stationary, mobile, and airborne optoelectronic stations, as...

Ukrainian Headway Joins the Global Endeavor Community

In the fall of 2024, Endeavor, a global network of high-impact entrepreneurs, officially launched its presence in Ukraine — making it the 46th country to join the organization. The first...

50 Largest IT Companies in Ukraine: Ajax Systems and Nova Digital Among Growth Leaders

DOU has released its winter ranking of the largest IT companies in Ukraine by number of specialists. The ranking includes IT professionals currently in Ukraine as well as those who...

CourtAvenue Acquires Ukrainian Company BotsCrew

U.S.-based CourtAvenue, listed in the Inc. 5000, has announced the acquisition of BotsCrew, a Ukrainian AI company specialising in chatbot development for corporations. The news was shared by CourtAvenue and...

How Defense Startup Frontline Aims to “Robotize” the Battlefield

On January 23, Frontline announced a new round of funding from Nezlamni, an investment firm backed by the founders of Uklon. It marked the startup’s third investment in just two...
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