News

Diia to Become an AI Agent and Spin Off into an Independent State-Owned Company

Ukraine’s Diia platform is set for a major transformation: it will soon evolve into a full-fledged AI agent and be spun off into an independent, state-owned company. The announcement was...
Diia to Become an AI Agent and Spin Off into an Independent State-Owned Company

Hetmantsev: Ukraine Can Export €30B in Weapons Annually With Legal Changes

Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation, and Customs Policy, has unveiled plans for new regulations that would open the door for Ukrainian weapons exports. “To...
Hetmantsev: Ukraine Can Export €30B in Weapons Annually With Legal Changes

Nova Poshta Launches 400 m² Fulfillment Center in Poland

Nova Poshta, a Ukrainian logistics company, has announced opening its own fulfillment center in Poland. Photo credit: Nova Poshta The center, located in Warsaw, covers an area of 400 m²...
Nova Poshta Launches 400 m² Fulfillment Center in Poland

Fireworks AI Soars from $552M to $4B Valuation — Two Ukrainians Among Founders

The American startup Fireworks AI is preparing for a Series C funding round that could boost its valuation to a staggering $4 billion, up from its current $552 million. The...
Fireworks AI Soars from $552M to $4B Valuation — Two Ukrainians Among Founders

Seven Ukrainian Startups to Represent Ukraine at Web Summit

Seven Ukrainian startups will represent Ukraine at the Web Summit in Vancouver, according to the Ministry of Digital Transformation. Web Summit is one of the largest technology conferences in the...
Seven Ukrainian Startups to Represent Ukraine at Web Summit

DIU Unveils New Magura Naval Drones That Destroyed $500M in Russian Military Equipment

On May 14 in Kyiv, Ukraine’s Defence Intelligence Directorate (DIU), led by Kyrylo Budanov, officially unveiled its Magura series of strike maritime drones. According to a DIU press release, this...
DIU Unveils New Magura Naval Drones That Destroyed $500M in Russian Military Equipment

IT Layoffs 2025: 72% are Middle and Senior, 38% Dismissed Without Notice

Over the past two years, the share of laid-off IT professionals has increased from 16% to 19%, while the number of specialists on the bench has halved compared to 2023....
IT Layoffs 2025: 72% are Middle and Senior, 38% Dismissed Without Notice

Crypto Legalization in Ukraine Delayed: Bill Still Not Submitted to Parliament

The draft law aimed at regulating the virtual asset market in Ukraine is ready for consideration, but it is still not on the Verkhovna Rada’s agenda. According to MP Yaroslav...
Crypto Legalization in Ukraine Delayed: Bill Still Not Submitted to Parliament

Tekever, With Office in Ukraine, Secures New Investment at $1.25B+ Valuation

Tekever, a Portuguese developer of AI-powered autonomous systems, has announced a new funding round, bringing its valuation to over £1 billion (~$1.25 billion). The announcement was published on the company’s...
Tekever, With Office in Ukraine, Secures New Investment at $1.25B+ Valuation

“In 2025, We’ll Operate More in Stealth Mode”: A Quick Q&A With Nezlamni VC Firm

The investment firm Nezlamni was launched by the founders of Uklon to invest in defense tech in Ukraine. Following the sale of Uklon to Kyivstar, the team plans to continue...
“In 2025, We’ll Operate More in Stealth Mode”: A Quick Q&A With Nezlamni VC Firm

Quantum Systems Raises €160 Million, Reaches Unicorn Status — and Has an Office in Ukraine

Quantum Systems, a German defense technology company specializing in AI-powered aerial reconnaissance systems, has raised €160 million in a new funding round. With this round, the company’s total funding has...
Quantum Systems Raises €160 Million, Reaches Unicorn Status — and Has an Office in Ukraine

Two Ukrainians Elected to the U.S. National Academy of Sciences

According to an official press release, Ukrainians Maryna Viazovska and Svitlana Krakovska have been elected to the U.S. National Academy of Sciences. They are among 120 new members recognized for...
Two Ukrainians Elected to the U.S. National Academy of Sciences

Chinese Fashion Giant Shein Enters Ukraine

Chinese e-commerce giant Shein has begun appearing in the Ukrainian segment of Facebook and Google’s advertising ecosystem, according to the marketing agency Promodo. This suggests the company may be gradually...
Chinese Fashion Giant Shein Enters Ukraine

$65 Million in Investments, 9 Exits, 2,500+ Business Angels: How ICLUB Works

Today, several investment syndicates in Ukraine offer opportunities for anyone to begin their journey as an angel investor. One of the oldest and most prominent is ICLUB by TA Ventures,...
$65 Million in Investments, 9 Exits, 2,500+ Business Angels: How ICLUB Works

Investments from DCH Are an Opportunity for Kasta: What We Know About the Deal

On the first day of May, it was revealed that the Antimonopoly Committee of Ukraine had granted permission for the DCH holding, owned by Ukrainian entrepreneur Oleksandr Yaroslavsky, to acquire...
Investments from DCH Are an Opportunity for Kasta: What We Know About the Deal

Top 10 Richest Esports Players in Ukraine: 6 are Dollar Millionaires

Esports Charts has compiled a ranking of the richest esports players from Ukraine as of April 2025. Among them, six players are dollar millionaires — the youngest is just 22...
Top 10 Richest Esports Players in Ukraine: 6 are Dollar Millionaires

Fintech Farm Joins the Endeavor Community

Fintech Farm, founded by Dmytro Dubilet and Nick Bezkrovnyy, has officially joined the global Endeavor community. It’s the second Ukrainian company to become part of Endeavor — the first was...
Fintech Farm Joins the Endeavor Community

Fintech Band’s Ownership Structure Changes: Gorokhovskyi and Rogalskiy Increase Their Stakes

Oleg Gorokhovskyi and Mykhailo Rogalskiy have expanded their ownership in Fintech Band, the company behind the monobank project, which was developed in collaboration with Universal Bank. Gorokhovskyi shared the news...
Fintech Band’s Ownership Structure Changes: Gorokhovskyi and Rogalskiy Increase Their Stakes

1991 Ventures Marks First Year, Plans to Invest $5M in 10+ Startups in 2025

At the end of March 2024, Denis and Viktor Gursky announced the launch of 1991 Ventures, a London-based VC firm with £15 million under management. With this capital, the firm...
1991 Ventures Marks First Year, Plans to Invest $5M in 10+ Startups in 2025

Ukraine Develops Drone to Intercept Russian Shaheds – Already Downed 20 UAVs

The Ukrainian military-industrial complex has unveiled a new drone designed to intercept Russian Shahed drones, according to Militarnyi. According to its developers, this drone has destroyed more than 20 Shahed...
Ukraine Develops Drone to Intercept Russian Shaheds – Already Downed 20 UAVs