Weekly TechUkraine Digest 2021

What has happened in the Ukrainian tech market during the 19-23 of July 2021?

R&D, new offices in Ukraine

Pharmaceutical company Farmak is investing EUR 30 million in the construction of an innovative research R&D center in Kyiv. It is planned to continue working in three main areas: finished dosage forms, proprietary active pharmaceutical ingredients, as well as biotechnological active pharmaceutical ingredients – read

London-based gamedev studio Product Madness opened the second R&D office in Lviv. The company will double the number of employees in Lviv – up to 200 – read

Venture capital and startups: 

An American FoodTech startup founded by Ukrainians Allset, raised a new round of investment from Genesis Investments, the Garage Syndicate LLC, and Andreessen Horowitz. The amount is undisclosed – read

A no-code platform for analytics and machine learning startup Datrics.AI raised a new round of investment from a Kyiv-based venture capital fund ICU. The terms of the investment are not disclosed – read

The winners of the Innovating Justice Challenge 2021 by HiiL that received € 10,000 each: Consultant, Cality app, Legal Design – read

Ecosystem news:

Ukrainian world’s leading esports club Natus Vincere won the IEM Cologne 2021, an offline German tournament organized by ESL, with prize pool of $400,000, and became the world championread

NV magazine named Top-30 Female Leaders Who Inspire. Among them ladies from tech sector: Lenna Koszarny (Horizon Capital), Viktoriya Tigipko (TAVentures), Inga Andreieva (Mastercard), Vira Platonova (Visa), Katherine Kostereva (Creatio/Terrasoft Ukraine), Victoria Repa (BetterMe), and others – read

upSWOT and GoSolo. Better Business Banking was awarded at the UK-Ukraine Fintech Summit that took place in London 15th of July. The best 10 Ukrainian fintech startups pitched their products during the event: Datrics.AI, FINMAP.online, upSWOT, BackCash (by Startup Monkey), Yotta Pay, GoSolo. Better Business Banking, Corefy, nect, KYC PAY, Global Ledger – read

Ukrainian tech giant SoftServe announced it passed the record of employing over 10000 professionals in the Ukrainian team and became the second largest local tech company after EPAM – read

Ukrainian MedTech startup Cardio.AI by XOresearch announced the release of the device in Ukrainian medical centersread

Ukrainian investment company Concorde Capital launched online platform KupiPai that unites the owners of land, investors and agroholdingread

The Digital Transformation Ministry of Ukraine will cooperate with Amazon Web Services to accelerate the development of cloud technologies in the country, digital transformation and innovation – read

The Ukrainian parliament voted in the first reading for a bill that allows foreign tech specialists to register businesses and pay taxes in Ukraine online. The so-called e-residency is expected to bring $1.5 million to the state budget annually, according to Ukraine’s Minister of Digital Transformation Mykhailo Fedorov – read

The Government supported the decision to start the process of establishing Industry Centers 4.0 in the regions. Such centers will be created on the basis of industrial and science parks as well as universities. The main task of Industry Centers 4.0 is to coordinate the process of implementation and development of advanced technologies, training of specialists, forming links between the business that develops modern technologies and manufacturing enterprises – read

Reports:

Salaries of Ukrainian testers (summer 2021) by DOU – read

Via TechUkraine, Interfax, NV, KyivPost, AIN, dev.ua

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