News

Ukrposhta Launches Parcel Lockers Made by Ukrainian Manufacturer Modern Expo

The first Ukrposhta parcel lockers will soon appear in Kyiv and Odesa. According to the head of the national postal operator, Igor Smelyansky, the company has already signed an agreement...

Four Startups with Ukrainian Founders Make It into the Sifted 250 Ranking

Four startups founded by Ukrainians have been included in the Sifted 250, a list of Europe’s 250 fastest-growing startups. The companies are ATLANT 3D, Carmoola, HOLYWATER, and Spendbase. Here’s a...

Indeema Acquires Perfsol, Expanding Its Global Footprint in AI and Software Engineering

Indeema, a global IoT and engineering company, today announced the acquisition of Perfsol — a software development firm recognized for its expertise in AI-powered solutions. Photo: Indeema Software The acquisition...

GigRadar Acquires Ukrainian AI Startup Upsky

Ukrainian-founded IT company GigRadar has acquired the Ukrainian startup Upsky, both of which offer tools and services for freelancers working on Upwork, dev.ua reports. The financial details of the deal...

Verkhovna Rada Approves Creation of Cyber Forces in Ukraine

On October 9, the Verkhovna Rada of Ukraine voted in favor of draft law No. 12349, establishing the Cyber Forces of the Armed Forces of Ukraine. The bill passed with...

FRACTAL Invests $1 Million in Ukrainian Fintech Startup Finerd

The Ukrainian group FRACTAL (formerly Netpeak Group) has invested $1 million in the fintech startup Finerd, according to FRACTAL founder Artem Borodatiuk. Finerd is an AI-powered platform for managing personal...

Ukrainian Visify Ranks Among Top Apps in the US App Store

The Visify app, developed by the Guru Apps team, part of the Ukrainian Universe Group, was launched in December 2024. Visify is No.1 in the Photo & Video category in...

US MilTech Startup Neros Expands Its Kyiv Office — Here’s Who They’re Hiring

American military tech startup Neros is expanding its presence in Kyiv and looking to fill two senior-level positions. The company has posted openings for Country Manager and Business Development Manager...

Ukrainian Investor Launches Startup to Help Hire Migrant Workers in Canada

Ukrainian investor and IT entrepreneur Oleksii Vitchenko, together with Andrii Malienkov, have launched a new startup called WorkUgo. This platform designed to help employers in developed countries find qualified workers...

Firefly Aerospace Acquires US Defense Tech Company SciTec for $855 Million

Firefly Aerospace has announced its first merger and acquisition deal since going public — the $855 million purchase of US defense contractor SciTec. The transaction, expected to close by the...

HIMERA Fulfills State Order from the Ministry of Defense of a NATO Member State

HIMERA, a Ukrainian manufacturer of electronic warfare-resistant communications equipment, has announced the successful completion of a state order for a European NATO member country. The customer was the country’s Ministry...

Fintech-IT Group Becomes Ukraine’s First Fintech Unicorn After UMAEF Investment

Fintech-IT Group, the developer behind monobank, has become a unicorn, reaching a valuation of over $1 billion after attracting investments from the Ukraine-Moldova American Enterprise Fund (UMAEF) and a consortium...

DeepL Prepares $5B IPO, Early Investors Include Ukraine’s TA Ventures

German translation service DeepL, a major competitor to Google Translate, is preparing for a US IPO, according to Bloomberg. The IPO is planned for early next year, with DeepL’s valuation...

Three Ukrainian DeepTech Startups Share €30,000 in Grants

At Deep Tech Pitch Night in Lviv, organized by EU4Innovation East and EIT Community Hub Ukraine on the eve of IT Arena, three Ukrainian startups were awarded grants totaling €30,000:...

Vyriy Bets Big on Ukraine’s Defense Tech, Targeting $4M in Q4 Acquisitions

Ukrainian UAV manufacturer Vyriy plans to invest more than $4 million in other defense tech companies in the fourth quarter of 2025. The investment will cover not only share purchases...

Three Military Innovations Receive $22,000 in Grants at Lviv Showcase

On September 25, a closed-door event called the Combat-Driven Innovation Showcase took place in Lviv, where the Ukrainian military presented innovative solutions developed and tested on the battlefield. Out of...

Ford Sinclair and Relevant Software Launched Digital Awards Platform

Ford Sinclair, a family-owned company based in Essex and the organizer of the AIM Awards, PLC Awards, UK Tech Awards, European Mediscience Awards, and Private Business Awards, has replaced its...

Ukraine’s IT Exports Hit $540M in August

Ukraine’s IT services exports totaled $540 million in August 2025, according to data from the National Bank of Ukraine (NBU) cited by the Lviv IT Cluster. The figure represents a...

Flyer One Ventures Raises Half of Its New €50M Fund

Ukrainian venture capital firm Flyer One Ventures (F1V) announced the launch of a new €50 million fund in early July. At the time, the firm revealed that it had already...

Conversational Commerce: How AI is Rewriting the Rules of Online Shopping

ChatGPT is still far less popular than Google Search, but it’s already changing the rules of the game, including in e-commerce. A growing share of shoppers goes straight to AI...