News

Ukrainian SalesTech Startup Big Sister AI Receives $100,000 at Texas AI Challenge

Ukrainian SalesTech startup Big Sister AI has taken first place among AI startups at the Texas AI Challenge, securing a $100,000 prize, as announced by founder Valentyn Yaromenko. The Texas...

10 Most Profitable IT Companies in Ukraine (H1 2025 Results)

DOU has published the top 10 Ukrainian IT companies by revenue for the first half of 2025 and analyzed how their performance has evolved since 2022. Together, these companies generated...

Kyivstar’s Market Cap Surpasses $3.5B on Nasdaq

Kyivstar Group (for simplicity referred to here as Kyivstar) began trading on the Nasdaq stock exchange on August 15. Since its debut, the company’s market capitalization has already grown by...

Fintech Farm Launches Neobank in Uzbekistan. Why This Market?

Ukrainian company Fintech Farm has entered the Uzbek market with the launch of Tezbank, a digital bank built in partnership with local commercial lender Hamkorbank. Uzbekistan marks Fintech Farm’s fifth...

Two Investors in Yaroslav Azhnyuk’s The Fourth Law Revealed: 1991 Ventures and DTI

In July, Ukrainian defense tech company The Fourth Law (TFL) announced that it had secured investment. Until now, neither the amount of funding nor the investors had been disclosed, as some...

Ukrainian AI Startup Contera.ai Joins Techstars Tokyo, Secures $120K Investment

Ukrainian startup Contera.ai, which automates marketing using AI, has successfully completed the Techstars Tokyo acceleration program and secured a $120,000 investment. According to the founder Emin Aliekpierov, Contera.ai is the...

Danish-Ukrainian Dropla Tech Raises €2.4M for Autonomous Mine-Clearing Systems

Danish-Ukrainian startup Dropla Tech has raised €2.4 million in pre-seed funding from Maj Invest Holding, the Danish Export Investment Fund (EIFO), and Final Frontier, the company announced. According to InVenture,...

13 Ukrainian Startups Receive $475,000 in Grants from USF

Thirteen Ukrainian startups have secured a total of $475,000 in funding from the Ukrainian Startup Fund (USF), the organization reported. The final pitch days of the Ukrainian Startup Fund (USF)...

Netpeak Becomes FRACTAL

Artem Borodatiuk, founder of Netpeak Group, announced that the company’s umbrella brand is now officially called FRACTAL. Borodatiuk joked on podcasts and Q&A sessions that this is likely the most...

Ukrainian-American StackBooster Raises $100K from ZAS Ventures

Ukrainian-American startup StackBooster, which develops tools to optimize cloud infrastructure and applications, has secured $100,000 from venture capital firm ZAS Ventures. The funding is part of the company’s ongoing pre-seed...

Grammarly Launches New AI Agents for Students and Professionals

Grammarly, the Ukraine-based company known for its AI-powered communication tools, has unveiled eight specialized AI agents designed to support both students and professionals. The agents aim to streamline writing tasks...

Ukraine Launches Zbroya Platform for Arms Makers

Ukraine’s Ministry of Defense has unveiled Zbroya, a new online platform that centralizes key government services and opportunities for weapon and military equipment manufacturers. “Our task is to simplify interaction...

Ukrainian Deftech Startup MaXon Secures $350k to Fight Drone Threats

Ukrainian defense tech startup MaXon has closed its first investment round, raising $350,000 from venture capital firms Freedom Fund and Defender Ventures, DOU reports. MaXon is part of the Brave1...

Kyivstar Raises $178M in Nasdaq Debut

Kyivstar Group has raised $178 million after going public on the Nasdaq stock exchange in the United States. The company’s initial forecast had projected proceeds between $50 million and $200...

Beyond Outsourcing: Alcor’s Turnkey R&D Centers Are Winning Over US and EU Tech Firms

In mid-2020, Dmytro Ovcharenko, founder of Alcor, was deep in talks with two recruitment agencies. He wasn’t looking to hire them — he wanted to acquire them and bring their...

MITS Capital Invests Millions in Ukrainian Defence Tech: How It Works

The meeting with Denys Gurak, co-founder of MITS Capital, had been arranged in advance. His schedule is tight. Even with an hour at our disposal, there was far too much...

Ajax Systems Unveils Hybrid Illumination Cameras for Full-Color Night Surveillance

Ajax Systems has launched three new video surveillance cameras with hybrid illumination designed to solve one of the most common security challenges — capturing critical details in full color at...

Ukrainian Uspacy Raises €420k in Pre-Seed Funding at €5M Valuation

Ukrainian SaaS startup Uspacy has successfully closed a pre-seed funding round of €420,000, valuing the company at €5 million. The news was shared with Scroll.media by Uspacy’s co-founder, Dmytro Suslov....

Fintech Farm to Expand into Two Countries, Adds 40+ New Roles

Ukrainian-born fintech company Fintech Farm, which builds neobanks across four countries, plans to break into two new markets by the end of this year, according to co-founder Dmytro Dubilet. To...

The World’s Most Valuable Private Companies in 2025 — Featuring a Ukrainian Entrepreneur

The US remains the epicenter of private giants, hosting 31 of the 50 most valuable companies globally. China is steadily catching up, with a dozen companies making the top 50....