News

11 Startups Secure Over $2.8M at IT Arena 2025

On September 27, during the IT Arena 2025 conference in Lviv, it was announced that 11 startups raised about $3 million in investments. Most of the backed companies are in...

Indeema’s Use of IoT in Drones: From Theory to Practice

Not all drones are built smart. Many operate as isolated devices — flying, capturing footage, or performing simple tasks with no real-time communication or data processing. But as drone technology...

Ukraine Phoenix Tech Fund Launches With €50M to Back Early-Stage Startups

On September 27 in Lviv, the launch of the Ukraine Phoenix Tech Fund (UPTF) was announced — an early-stage venture fund with €50 million in capital. The Scroll.media editor attended...

USF Launches €1M Grant Program – Startup EDGE

The Ukrainian Startup Fund has launched a new grant program, Startup EDGE, targeted at early-stage startups, with a total budget of €1 million. The initiative was announced at IT Arena...

NBU Bans Trustee from Providing Financial Services in Ukraine

On September 9, the National Bank of Ukraine (NBU) issued a decision regarding Trustee Global UAB’s operations in Ukraine. The regulator concluded that, through its Trustee Plus app, the foreign...

Toloka Syndicate: $20M in Deals, 18 Investments, and a Bet on Scale AI

The Toloka syndicate team has closed over $20 million in deals in just two years. In 2025, they also became part of a major success story: Meta invested in Scale...

Ukrainian Valley Launches in Silicon Valley, Uniting Global Talent

A new community called Ukrainian Valley has officially launched in Silicon Valley, aiming to bring together Ukrainians across the US and worldwide. One of the project’s initiators, Network VC founder...

MITS Capital Launches MITS Industries to Drive Defense-Tech Growth

Ukrainian-American investment group MITS Capital has announced the launch of MITS Industries, a new Danish-incorporated company aimed at transforming Ukraine’s defense technology market and strengthening European security. According to a...

Ukrainian Vibecoding Startup Metatable Raises $100,000

Ukrainian startup Metatable has secured $100,000 in funding from an angel investor, according to YEP Accelerator, whose program the company previously joined. The investor’s name has not been disclosed. What’s...

Swarmer Raises $15 Million. We Spoke to the Company’s Co-Founder About It

Ukrainian startup Swarmer, which builds AI systems for managing drone swarms, has closed a $15 million round, the largest publicly announced raise in a Ukrainian defense-tech project so far. Scroll.media...

Swarmer raises $15M — Record for Ukrainian Defense Tech

Ukrainian-founded startup Swarmer, which develops AI solutions for managing drone swarms, has raised $15 million in Series A funding. This marks the largest investment in a Ukrainian defense technology company...

Via Debuts on NYSE With $3.6 Billion IPO; TA Ventures Among Investors

Via Transportation, a leading player in the mobility sector, has officially gone public on the New York Stock Exchange. On its first day of trading, the company reached a market...

Simply Contact Launches Advisory Board of Global CX Leaders

Simply Contact, a leading European customer service outsourcing provider, has announced the launch of its advisory board. The initiative reflects the company’s commitment to combining strong internal capabilities with external...

RED Driver Training and Relevant Software Introduce a Modern Digital Product for UK Learners

RED Driver Training, the UK's most well-known driving school brand, has taken a major step in modernising its digital services with the launch of a new learner app, developed in...

Indeema and Vakoms Merge to Form a Stronger Global IoT Technology Powerhouse

September 16, 2025 — Indeema Software and Vakoms, two established leaders in technology innovation and the IoT domain, today announced their merger under the Indeema brand, creating a global engineering...

Vyriy and The Fourth Law Launch Mass Production of Autonomous Drones

Vyriy, one of Ukraine’s largest drone manufacturers, together with The Fourth Law, a leading Ukrainian developer of autonomous systems, has announced the start of mass production of drones equipped with...

Microsoft Signs $17B Deal with Nebius, the Company Founded by Yandex Co-Founder

In early September, Microsoft signed a major contract with Nebius, agreeing to pay $17 billion for services through 2031, with the potential to increase funding to $19.4 billion. For Nebius,...

Ukrainian Defense Startup Hard Cat Drones Attracts Investment from DTI

Finnish-Ukrainian investment company Double Tap Investments (DTI) has made a strategic investment in Ukrainian river drone manufacturer Hard Cat Drones. The two parties first connected at IT Arena 2024, where...

IT Arena Startup Competition 2025 Investment Fund Reaches $12.5 Million

The IT Arena Startup Competition 2025 investment fund has already hit $12.5 million — a record-breaking milestone for the competition, with more funding still coming in. Representatives of the Startup...

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...