What has happened in the Ukrainian tech market in December 2020 (22-30.12)?

What has happened in the Ukrainian tech market in December 2020 (22-30.12)?

December Tech News

Available at: TechUkraine

Venture capital and startups: 

Recognize Partners, a global technology investment platform, has made a significant strategic investment in Ciklum, a global digital transformation and digital services company serving the Fortune 500 and other fast-growing enterprises, with clients across 30+ countries, with 3,500+ engineers operating in digital custom software development centers across Ukraine, Belarus, Spain, Poland, and Pakistan.  – read

Mobile subscription startup Adapty received $500,000 in Seed funding from 500 Startups, AdFirst.VC, Ukrainian Genesis Investments, and other investors. Proceeds from the round will be used to improve Adapty’s A/B testing features for paywalls and unit-economics, and to increase the quality of analytics provided to clients. – read

Ukrainian ABM Cloud, the software company that provides the development and integration of cloud-based solutions for improving business productivity, raised a $640,000 Series A round from venture capital firm QPDigital – read

Ukrainian Startup Fund announced 7 winners of 18 and 19 Pitch Days. Pre-seed $ 25,000 grant received BDiary, Custle. Seed stage $ 50,000 grant received SEMCS by Mosquito Control, Amperia, SameKey, Apiway, Creative Practice. – read

Ecosystem news: 

Ministry of Digital Transformation has launched a platform with data on the Ukrainian IT ecosystem- 360 Tech Ecosystem Overview: an online portal for finding business information about IT companies, people, investors and the entire technology ecosystem of Ukraine. The collected information includes data on the current development of IT companies, information on founders and executives from the administrative staff, classification of companies by industry, investment and financing, mergers and acquisitions, company news and industry trends. – read

Ministry of Digital Transformation announced 100 achievements of 2020. The highlights: Diia app and Portal, open data, nationwide digital education program, e-services Diia.City, IT-nation program, etc – read

Ukrainian delivery service Raketa became an international company Rocket and launching the first spot in Nikosia, Cyprus. The next step is the Netherlands in 2021 and other countries. For already two years Raketa operates regular flights in 25 cities of Ukraine; a team of 200+ people; with partners are more than 3000 cafes, restaurants, bars, and shops – read

TOP INVESTMENT NEWS IN UKRAINE | 2020 – Venture capital and startups by “InVenture” – read. There were already signs of a drop off in global dealmaking and in Ukraine: Inventure featured 7 M&A deals in 2020 in the IT and telecommunications sphere, first of all in GameDev and outsourcing. The total amount of $59 mln, it’s the double decreases by 2019 – read

The best IT employer 2020 in Ukraine according to Developers.Org.Ua: Genesis – the category «1500 specialists and above»; Innovecs – the category «800-1500 specialists»; Terrasoft – the category «200-800 specialists»; Codemotion – the category «81-200 specialists» – read

The story by Aleksandr Konotopskyi, CEO of Ukrainian Ajax Systems, the most awarded wireless security system in Europe, for LIGA.net about conquering the world, innovation technology of Ajax’s security systems and production in Ukraine – read

The interview with Ukrainian young entrepreneur Valentyn Frechka, founder and CEO RE-leaf PAPER, production of pulp and paper from fallen leaves. This is a new, patented technology that will save forests from deforestation and enable the transition to alternative raw materials in the pulp and paper industry. Recently the project received investments by Ukrainian Startup Fund – read

IT industry shows its resilience as coronavirus attacks others. In 2019, the industry secured over $4 billion in exports and paid $588 million in taxes. Every year the local information technology sector grows by 30% and keeps charging ahead even during the pandemic. – read

Reports:

IT Research 5.0 by Lviv ІТ Cluster and Fama – Custom Research Agency  – read

M&A Ukraine 2018-2020 by InVenture – read

The best IT employer 2020 in Ukraine by DOU – read

Via AIN, TechUkraine, USF, Mind, Liga, KyivPost, DOU, Ciklum