What has happened in the Ukrainian tech market on 14-20 of February 2022?

R&D and new offices in Ukraine and globally

Global outsourcer Sii Group registered the legal entity in Ukraine and is scaling countrywide. The company has already opened an office in Odesa and plans to enter Kyiv, Lviv, Dnipro and Kharkiv – read

Sigma Software Group has launched a development office in Uzbekistan and started large-scale hiring with an option to work in a new office in Tashkent or remotely from any other location in the country – read

PropTech startup Flatfy by Ukrainian LUN will be launching in Paris in 2022. In December, Kyiv-based LUN team presented the apartment rental app Bird in London, UK – read

Venture capital and startups:

Wirex, FinTech company based in the UK, with an R&D center in Kyiv and offices around the world (Atlanta, Toronto, Tokyo and Singapore), raised $15 MLN. The company expects to close the round B of $60-80 MLN by the end of 2022 – read

Ukrainian Sustainable Laboratory S.Lab raised 80 000 euro by accelerator Startup Wise Guys – read

The Tallinn-based tech investor Specialist VC (formerly United Angels VC) has announced the first close of a new €50 million fund and plans to invest also in Ukrainian startups – read

Ecosystem news:

AEROPRAKT aircraft company presented the first Ukrainian electro plane Aeroprakt 20e designed by Yuriy Yakovlev – read

Ukrainian Anastasia Volkova, startup founder of FluroSat (now Regrow Ag), has come in at number one in The Australian newspaper’s inaugural edition of The List: 100 Innovators – read

12 Ukrainian companies are listed on the TOP by IAOP: Eleks, Infopulsу, Ciklum, Sigma Software, Intellias, Computools, Innovecs, Intetics, Miratech, Softengi, N-iX, NIX – read

On 3rd of March, Tech Emerging Europe Advocates in cooperation with TechUkraine will launch Ukraine Community – read

TechUkraine represents the consortium of media promoting Ukrainian tech and innovative business in Ukraine and worldwide. Our aim is to build the platform of trusted and reliable media that create and aggregate the best content for (re)presenting Ukraine to the global audience – read

A stable connection with the Ukrainian satellite Sich-2-30 has been established. On January 3, the American company SpaceX successfully launched a Falcon 9 rocket, which then launched the Ukrainian optical satellite Sich-2-30 into orbit – read

The capitalization of “Cyclone-4M” will increase to $530M. The Canadian company MaritimeLaunchServices (MLS), which is implementing a project to launch Ukrainian Cyclone-4M rockets, is in talks with CeresAcquisitionCorp to increase the project’s capitalization to more than half a billion USD – read

The founder of Firefly Aerospace and Noosphera Ventures Ukrainian Max Polyakov left the Firefly space project and sold 58% of the company for $1 – read

Lviv ІТ Cluster is expanding the IT Research project, and becoming a large all-Ukrainian study, covering 24 regions of the country – read

Kök Projekt and key Ukrainian stakeholders presented the Ukraine Agri-Food Ecosystem Map – read

Over 50 IT companies joined Ukraine’s ‘special tax regime’ Diia City in the first three days. With Diia City, a special legal and tax system for IT businesses, the government wants to raise the share of the IT sector in the country’s gross domestic product to 10% from the current 4% – read

Ukrainian Bridge presented the Ukrainian delegation to Collision Conf 2022, which will be held in June in Toronto, Canada. For the first time, Ukraine will be represented with a single booth and a separate delegation – read

Craig Turp-Balazs, editor of Emerging Europe, wrote an article about the Ukrainian business environment where said: “Emerging Europe will be travelling to Kyiv on February 28 ahead of the launch of the Ukraine chapter of Tech Emerging Europe Advocates (TEEA) on March 3.” – read

The interview with Igor Mazepa, CEO and Founder of Concorde Capital,initiator of an annual award for investors in the field of innovation the Mazepa Awards – read

The New York Times article about Ukrainian entrepreneurs running business in Ukraine amid the looming treats – read

How Ukrainian IT clusters tackled the looming treats: Lviv IT Cluster, Ternopil and Chernivtsi IT Clustres – read

Insightful list of the #MadeInUkraine PR solutions for international communication teams by Julia Petryk, PR Lead at MacPaw and curator of the course Global PR at Projector – read

How Ukrainian team using Big Data and ML to analyze the impact of Russia propaganda in Europe and globally – read

Mayak Innovatsia: Dominique Piotet’s podcast with Nik Gowing from Thinking the Unthinkable – read

GMEM, powered by Ukrainian Genesis, launched sport portal SportsBrief.com a month ago in Africa and became the TOP publisher on Facebook – read

Government & Parliament news

The Verkhovna Rada has adopted, taking into account presidential amendments, the law on virtual assets, which refers this market to the regulation of the National Securities and Stock Market Commission and the National Bank of Ukraine (NBU). Foreign and Ukrainian crypto companies can operate legally, and Ukrainians will have convenient and secure access to the global market for virtual assets – read

Ministry of Digital Transformation: The number of administrative services access points is approaching 3,000 – read

Reports

State Of Banking Report 2021 by CBInsights – read

State of Food & Meal Delivery 2021 Report by CBInsights – read

Via TechUkraine, NYT, Emerging Europe, Tech.eu, CBInsights, DOU, Liga, dev.ua, SPEKA, AIN, UBN, The Kyiv Independent

What has happened in the Ukrainian tech market on 14-20 of February 2022?