News

Simply Contact Wins Big for Customer Experience and AI Innovation

Simply Contact is a global company with Ukrainian roots specializing in customer support services. Its 700+ specialists work across six countries in Europe, handling more than 10 million requests each...

USF Grant Program Supported by UMAEF Wraps Up: 57 Startups Receive $2 Million

The Ukrainian Startup Fund (USF), with support from the Ukraine-Moldova American Enterprise Fund (UMAEF), has completed its grant program for Ukrainian civil startups at the pre-seed and seed stages. The...

Dnipro VC Closes 18 Deals Backing Ukrainian Founders Worldwide

Over the past six months, the young venture firm Dnipro VC has been making headlines. It participated in Liki24’s $9 million round, previously joined a $5.4 million deal with PeopleForce,...

YEP Launches New Startup Acceleration Program, Promising Investments of Up to $25K

Ukrainian accelerator YEP has announced a new call for applications from startups at the MVP or finished product stage, as the Ukrainian Startup Fund (USF) reports. Applications are open until...

27 AI Models Tested on Ukraine: Which Ones Spread Propaganda?

Texty.org.ua and the San Francisco–based research organization OpenBabylon have analyzed 27 open large language models (LLMs) from various providers. Among them are Microsoft, Google, DeepSeek, Cohere, Alibaba Cloud, Mistral, and Meta....

Revolut’s Valuation Soars to $75 Billion

Revolut, co-founded by Ukrainian entrepreneur Vlad Yatsenko, has launched a secondary share sale, allowing employees to cash in on their stock options. Based on the share sale, Revolut is now...

“Responsibility Has Increased”: Kyivstar CEO on Going Public During Wartime

On August 29, Kyivstar marked its entry to Nasdaq with a bell ringing ceremony in New York. Traditionally, founders or CEOs press the button to signal the start of trading....

In July 2025, Ukraine’s IT Services Exports Hit $555M

In July, Ukraine’s IT exports grew by 5.5% to reach $555 million, bringing the economy an additional $29 million compared to June, according to data from the National Bank of...

Ukrainian Arms Manufacturers Could Generate €4B in 2025 — Study

Revenue from Tech Force in UA participants, an association of more than 80 Ukrainian arms manufacturers, is projected to hit €4 billion in 2025, representing growth of more than 218%...

More Than 10 European Startups Became Unicorns in 2025. Who Made the List?

TechCrunch has compiled a list of 12 European startups that crossed the $1 billion valuation mark in the first half of 2025. The cohort spans biotech, defense tech, space, energy,...

Russia Strikes Bayraktar Drone Plant

On the night of August 28, during a large-scale Russian attack, the Bayraktar drone plant in Kyiv was hit, according to Lviv City Council member Ihor Zinkevych. He reported two...

Nova Poshta Sorting Depot Hit in Russian Strike

On the night of August 28, 2025, Russia launched a missile strike on civilian logistics infrastructure in Kyiv, hitting a Nova Poshta sorting depot, the company reported. The missile landed...

“The Damage Is Very Serious.” LIFT99 Kyiv Hub Suffers in Russian Attack

During Russia’s overnight assault on Kyiv on August 28, the coworking space LIFT99 Kyiv Hub, a well-known home for startups and tech entrepreneurs, sustained heavy damage. The news was first...

Spendbase Secures Investment from Dnipro VC

Ukrainian startup Spendbase, which builds a SaaS platform for expense management, has raised investment from California-based Dnipro VC. The amount, closing date, and other terms of the deal have not...

Grammarly Becomes a Multi-Product Company, Prepares New Brand Identity

Grammarly’s new CEO, Shishir Mehrotra, founder of Coda, is leading a bold transformation — turning the company from a single-product success story into a multi-product AI powerhouse. In an interview...

Poland Invests in ICEYE — Company Behind Ukraine’s “People’s Satellite”

ICEYE is well known to Ukrainians: in August 2022, a satellite from the Finnish company was purchased after a fundraising campaign by Serhii Prytula and his foundation. Nicknamed the “people’s...

FRACTAL Group Launches Its Own Coworking Space in Kyiv (Photo)

FRACTAL Group (formerly Netpeak Group) has officially launched its own coworking space, FRACTAL HUB, in Kyiv. The news was announced by founder Artem Borodatiuk, who described it as “not a...

Poland to Continue Paying for Starlink in Ukraine

Poland and Germany are the two European countries covering subscription fees for about 50,000 Starlink terminals in Ukraine, ensuring reliable satellite internet access across the country. Each year, both governments...

Jakub Karoń to Lead Nova Post

Nova Post has appointed Jakub Karoń as CEO of its Polish operations — the company’s first time bringing in a local executive to a top leadership role. The decision marks...

Ukraine Produces 3,000 Long-Range FP-1 Drones Monthly — Cheaper Than Shaheds

Ukraine’s new long-range FP-1 drone is being manufactured at a rate of 3,000 units per month, roughly 100 per day — on par with Russia’s production of Shahed drones, but...