News

Quantum Systems Raises €180M, Valuation Hits €B

German defense technology startup Quantum Systems is raising a new round of funding, with its valuation set to triple, according to Bloomberg. The latest round raised €180 million, bringing the...

Ukrainian Liki24 Launches Global Platform Liki24.global

Ukrainian medicine marketplace Liki24 has gone global. The company announced the launch of Liki24.global, a platform that enables users in 50 countries to compare prices and order medicines in a...

How Fintech-IT Group Works — A Mono Developer with a $1B+ Valuation

monobank is, without exaggeration, a one-of-a-kind project. In just eight years, Ukraine’s first mobile-first bank has attracted 10 million customers, built an entire ecosystem of products and services, and recently...

Spotoria Startup Receives ₴1M Through the PERSH1 Program

The Ukrainian YEP Accelerator has wrapped up its PERSH1 incubation program and announced the winner: Spotoria. The startup was awarded UAH 1 million in grant funding to support its development....

Ukrainian-Founded Coliving Platform Outpost Merges With Competitor

Outpost, a New York–based platform for finding coliving spaces, has announced a merger with June Homes to form the largest coliving operator in the United States. The company revealed the...

Day4Defenders: Ukrainian IT Companies Raise Nearly ₴10M for the Armed Forces in a Single Workday

Donating to the Armed Forces has become a daily norm — a foundation we all rely on. On October 1st, for the fourth year in a row, the Ukrainian IT...

The Valley Is Turning Toward Defense: How the Network VC Group Operates and Invests

The American-Ukrainian Network VC has been a regular investor in Silicon Valley, and, more recently, in Ukrainian defense technology. The group of funds and syndicates was founded by Oleksandr Soroka,...

Ukraine’s Luminar Mobile Wins Google Play Best of 2025 Award

Luminar Mobile, an AI-powered image-editing app, has been named “Best Multi-Device App” at the Google Play Best of 2025 Awards. Skylum, the company behind the app, confirmed the news to...

Ukrainian IT Company inVerita Opens Office in Latin America

inVerita, an international provider of technology solutions and software development services, is opening a new office in Medellín, Colombia. This marks the company’s first presence in Latin America; until now,...

Ajax Systems Presented 55 New Products

On November 21, the Ukrainian company Ajax Systems held its 7th Special Event presentation, which became a record-breaker in both scale and the number of new gadgets unveiled. The presentation...

SOC Prime Raises Investment from u.ventures

SOC Prime has announced a new investment round, with the funding set to help the company scale its business. The amount raised and the company’s new valuation have not been...
SOC Prime

Plarium in Ukraine Is Downsizing: What Is Known

Plarium’s Ukrainian office is facing a new round of downsizing, GameDev DOU reports. The company has not disclosed how many specialists will be affected, but it is known that the...

ZAS Ventures Invests €1.1M in German-Ukrainian Startup Every Health

Investment company ZAS Ventures, founded by Ukrainians Andriy Zinchuk and Artem Volkhonskyi, has invested $100,000 in Every Health, a health-tech startup that is building Europe’s first virtual sexual health clinic...

Respeecher to Teach AI Chatbots to Speak Natural Ukrainian

Ukrainian AI startup Respeecher plans to teach artificial intelligence to speak Ukrainian — not only in standard form but also in regional dialects and surzhyk, a widely used mixed form...

Ukraine’s Burny Games Becomes a Publisher. Its First Partner Is Portugal’s Infinity Games

Burny Games, a Ukrainian game development company known for creating mobile puzzle games, is launching a publishing division. The company told Scroll.media that in its new role, Burny Games has...

FRACTAL Acquires Fintech Company fint8. The Group Now Offers Financial Consulting

FRACTAL, a Ukrainian group of companies, has acquired fint8, a fintech company that provides financial consulting for businesses. The deal was announced by FRACTAL founder Artem Borodatiuk and fint8 co-founder...

NVIDIA to Help Build Ukraine’s LLM and AI Infrastructure

The Ministry of Digital Transformation has partnered with NVIDIA to develop both infrastructure and human capital for artificial intelligence, with the goal of making Ukraine an “agentive state.” The first...

Star’s Kyiv Office Damaged in Russian Attack

Star’s office in Kyiv was damaged during a Russian attack on the city on November 14. Debris from the strike fell onto the roof of the business center, damaging the...

“Ukraine has been the R&D lab for AI in a military context”: Palantir’s UK Head, Louis Mosley

Louis Mosley, head of Palantir in the UK, says Ukraine is currently one of the world’s leading hubs for artificial intelligence development in the defense sector. He shared his insights...

Ukrainian-American IT Businesses Generate $23.2B in Revenue and 130K Jobs in the US — Research

American companies founded by Ukrainian immigrants generate nearly $60 billion in annual revenue in the US and create about 300,000 jobs. Roughly 40% of that revenue comes from the IT...