Weekly TechUkraine Digest 2022

What has happened in the Ukrainian tech market on 1-14 of January 2022?

R&D and new offices in Ukraine and globally

SoftServe opens R&D centers in South America: Mexico, Columbia, and Chile. The first office will launch in Guadalajara, Mexico. The next – Bogota and Medelina, Columbia, and Santiago in Chile – read

Venture capital and startups: 

Cofounded by Ukrainian Illya Polosuhin, Near Protocol raised $150 MLN from Three Arrows Capital, Dragonfly Capital, a16z, Mechanism Capital. NEAR Protocol, scalable blockchain designed to provide the performance and user experience necessary to bridge the gap to mainstream adoption of decentralized applications,  listed as the 3rd fastest-growing crypto ecosystem for developers in 2021 by Forbes – read

Cofounded by Ukrainian Pavlo Eremenko Universal Hydrogen, the company leading the fight to decarbonize aviation through the adoption of hydrogen as a universal fuel, raised $62 MLN by Mitsubishi Motors HC Capital, Tencent, Stratos, GE Aviation and others – read

Ukrainian Fintech Farm, a newly launched fintech startup based in the U.K. that creates digital banks in emerging markets, has raised $7.4 million in seed funding led by Flyer One Ventures and Solid with participating TA Ventures, Jiji.ng, u.ventures and AVentures Capital – read

BGV Trident Capital, founded by Illia Ponomarev and Hennadiy Butkevych (the co-owner of ATB), has invested $5 million in the robot manufacturing startup Deus Robots, created by Pavlo Pikulin in 2018 – read

Ukrainian cross-chain bridge Allbridge raised $2 MLN from Race Capital and Chris McCann. Founded by Andriy Velykyy in summer 2021, the company supported chains including Solana, Avalanche, Fantom, Celo, Polygon, Ethereum, BSC and Terra – read

The Ukrainian online notarization platform OneNotary, working in the US market, has raised a $1.75 million investment round co-led by Adventures Lab VC, Digital Future VC, uventures, TMT Investments PLC, and GoodPaper Venture – read

The Ukrainian venture capital firm TAVentures increased the size of its fund — from $50 million to $75 million. The firm will use the additional $25 million to invest in a new direction — Web3, blockchain, and a metaverse = read

Ukrainian pharmaceutical company Farmak has invested more than $1.2 million in projects and startups in the MedTech and HealthCare industries: ComeBack Mobility, DrugCard, Cambrian Biopharma – read

JKR Investment Group invested in TRIONIKA, a Ukraine-based global IT company. The amount of the deal is not disclosed – read

Ecosystem news:

Sich-2-30, Ukraine’s fourth satellite, was launched on 13th of January. Elon Musk’s SpaceX launched it into orbit with a Falcon 9 rocket from Cape Canaveral Space Force Station in Florida. The satellite was designed, assembled and tested in Dnipro, Ukraine, at the Pivdenne Design Bureau – read

9 Ukrainian tech companies were shortlisted in the rating the Best 50 employers in Ukraine by Forbes Ukraine and Work.ua: Intellias, SoftServe, ELEKS, EPAM Ukraine, Ciklum, DataArt,  N-iX, Gismart, Luxoft – read

Ukrainian Delfast Inc. is among the best all-terrain electric bike globally according to Insiderread

Ukrainian effa, 100% recyclable and renewable paper travel amenities startup, showcases via CES 2022 and features at TechCrunchread

Ukrainian Mosqitter is featured in line with global tech giants among the top picks from the CES 2022 at the category Appliances & Cleaning by Reviewedread

Our partners EASE, European association of software engineering, launched the production of the documentary “The first code”. The film will tell the history of the Ukrainian tech ecosystem at a glance – read

The Ukrainian drug delivery service Liki24, has reached the mark of 1 M customers. The company operates in Ukraine, Poland, Romania, and Hungary – read

Greencubator announced the open call for the Climate Innovation Voucher grant for Ukrainian SMEs up to EUR 50,000 to develop climate innovation, environmental technologies that reduce greenhouse gas emissions and increase energy efficiency – read

Binance has announced the appointment of the General Manager in Ukraine Kyrylo Khomiakov who will be responsible for strengthening the company’s positions in the local market, implementation of the global marketing strategy, and GR – read

Ukrainian UFuture holding company, which develops the Bila Tserkva industrial park, announces changes in its configuration and the finish of the first phase of development: relocate production capacities of the Plank Electrotechnic to partners, and place the German manufacturer of automotive components in its place – read

Key facts and figures of Ukraine’s Tech industry read

Dominique Piotet’s interview for podcast #1 in Ukraine listen

The Ministry of Digital Transformation is now encouraging people from all over the world to use the digital literacy educational series available in English on the web portal Diia.Digital education – read

The immigration permit procedure is simplified for foreign IT specialists. The Cabinet of Ministers has approved a bill that would improve the mechanisms for granting immigration permits, to simplify the process for giving immigration permits to foreign highly qualified IT specialists. According to the government, consideration of applications for immigration permits is reduced from one year to 6 months – read


Migration map of IT specialists in Ukraine by DOU – read

The Best 50 employers in Ukraine by Forbes Ukraine and Work.ua – read

PitchBook Benchmarks (as of Q2 2021) by PitchBook – read

State Of Venture 2021 Report by CBInsights – read

Global VC funding report by Crunchbase – read

The French Tech Ecosystem 2021 report by Eurazeo – read

Electric Capital Developer Report 2021 – read

Via TechUkraine, TechCrunch, Forbes, Coindesk, Blockworks, DOU, dev.ua, SPEKA, AIN, UBN, The Kyiv Independent

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