What has happened in the Ukrainian tech market in February 2021?
Available at: TechUkraine
R&D and new offices in Ukraine
An American company based in New-York Seafair, an online platform connecting shipping companies with seafarers, will open an office in Ukraine, and now already registered a limited liability company – read
The Ministry of Digital Transformation of Ukraine has launched cooperation with INTELMAX Management Consulting (UAE), which is developing a platform for the exchange of intellectual property based on the Fantom blockchain, plans to open a representative office in Ukraine – read
Venture capital and startups:
NASA has awarded Firefly Aerospace of Cedar Park, Texas, approximately $93.3 million to deliver a suite of 10 science investigations and technology demonstrations to the Moon in 2023. The delivery, planned for Mare Crisium, a low-lying basin on the Moon’s near side, will investigate a variety of lunar surface conditions and resources. Such investigations will help prepare for human missions to the lunar surface – read
Creatio Company, a global software company that provides a leading low-code platform for process management and CRM (Terrasoft Ukraine is a part of it), announced a $68M capital raise led by Volition Capital, a US-based growth equity firm investing in high growth companies, with participation from Horizon Capital, a private equity firm investing in Europe – read
Ukrainian airSlate (ex-PDFiller), a leader in no-code business automation solutions, announced it has received $50 million in debt financing from Silicon Valley Bank for a total of $130 million in capital raised to date – read
Ukrainian television manufacture company headquartered in Kyiv KIVI raises $13 million from Shenzhen MTC in China to develop a new smart TV rang – read
Ukrainian cybersecurity project ELECTRON (rEsilient and seLf-healed EleCTRical pOwer Nanogrid) was selected and won $10 mln by Grant Management Services of the European Commission within the contest “Cybersecurity in the Electrical Power and Energy System (EPES): an armour against cyber and privacy attacks and data breaches” – read
Ukrainian startup Scalarr, a startup that uses machine learning to combat ad fraud, has raised $7.5 million in Series A funding led by the European Bank for Reconstruction and Development (EBRD), with participation from TMT Investments, OTB Ventures, and Speedinvest – read
Augmented Pixels, a Ukrainian company that develops a proprietary simultaneous localization and 3D mapping technology, has closed a $2 million funding, a total of $7 million in investments since 2015. The company plans to use the funds raised for the expansion of the team based in the United States and for innovative researches and developments – read
American startup Simporter, an AI tool that predicts sales for products before they enter the market, with an office in Kyiv raised $600K by Startup Wise Guys and angel investor Mitch Barns – read
Online community for crafters with office in Ukraine raises €18.2M to expand into new craft categories, geographies. It has over 1m customers in 200 countries; 140 staff in London, Kyiv and New York – read
Ukrainian AdTech startup Choizy, a career guidance app with artificial intelligence for both generation Z and Y, raised investments from Ukrainian business-angel. The amount of the deal is not disclosed – read
Ajax Systems, a smart security systems developer, has acquired the engineering team of Concepter, a design and product development studio. The Concepter developers will become members of various R&D teams at Ajax Systems and will work on new devices – read
Firefly Aerospace Inc, a US rocket and space company, with deep Ukrainian roots, plans to raise $350 million to scale up production and work on a medium-class launch vehicle– read
Ecosystem news:
According to the BRDO Report, based on NBU data, Ukraine’s export of IT services exceeded $5 billion for the first time, as well as exports of transport services and mineral products according to the NBU data on external accounts and foreign trade. IT industry exports increased by $853 million, or more than 20% per year. Thus, the share of computer services in total exports reached 8.3% – read
According to the DOU’s report TOP 50 Ukrainian IT companies, winter 2021, for the first time Ukrainian company EPAM reached 10K team members. TOP 50 grew up to 8K tech specialists for the last 6 months to 76.3K – read
TechUkraine in partnership with UNIT.City and the Ministry of Digital Transformation of Ukraine are launching a survey on “How to pitch Ukrainian Tech Industry?” – read and participate
11 tech firms in Ukraine among the world’s top outsourcers according to the 2020 Global Outsourcing 100 by IAOP: Ciklum, Eleks, Infopulse, Innovecs, Intellias, Miratech, Nix, N-iX, Program-Ace, and Sigma Software. These firms have offices in the country’s biggest cities — Kyiv, Lviv, Kharkiv, and Dnipro – read
Developers.Org.Ua represented the rating of the most comfortable Ukrainian cities for IT specialists. TOP 10 cities: Ivano-Frankivsk, Lviv, Vinnytsya, Kharkiv, Ternopil, Khmelnytsky, Kyiv, Rivne, Chernigiv, Odesa – read
Ukrainian SpaceTech team based in Dnipro FireWay has received the NASA – National Aeronautics and Space Administration’s award and nomination the Best Use of Technology – the solution that exemplifies the most innovative use of technology – read
СЕО Support Your App Daria Leshchenko became the first Ukrainian who won the nomination Woman of the Year in Customer Service by 15th annual international business The Stevie Awards – read
Ukrainian company Murka is among the top 30 EMEA headquartered publishers by App Annie. After joining the US investment giant Blackstone Group in 2019, Murka is now one of the top 10 global leaders in the social casino games genre – read
The Ukrainian pharmaceutical company Farmak plans to develop an R&D cluster project in Kyiv to build up scientific and technical potential – read
Lviv R&D center develops screens for Tesla and USB-ports for Apple. The story of Lviv based R&D center founded by the scientist of the Lviv Polytechnic National University Viktor Kremen after he had won the contest developing the device on the Cypress Semiconductor – read
Tech StartUp School, Lviv Polytechnic, several private corporations – SoftServe, Gal-Kat with the support of public authorities launched the SID City – the Global Innovation Center of Eastern Europe, a place where there is every opportunity for the creation of innovative, scientific, and business projects – read
The US space agency NASA uses the solution of a Ukrainian developer Vladimir Agafonkin for the interactive map which lets tracking its new Perseverance Mars rover. This interactive map shows the landing site for NASA’s Perseverance rover within Jezero Crater. It is available online – read
Ukraine has preliminarily selected the American company SpaceX of Elon Musk to launch the Sich 2-30 (2-1). It requires final analysis and operational checks of technical readiness for launch,” he explained – read
Deputy Prime Minister – Minister of Digital Transformation Mykhailo Fedorov announced the launch of 94 digital transformation projects in the fields of education, healthcare, justice, economics and trade, energy, infrastructure, etc. The list of projects approved by the government will be implemented within three years and will contribute to the development of a digital state – read
From September 1, public authorities will not have the right to require paper documents for the provision of services, if this information is already included in the register announced Mykhailo Fedorov. Currently, the Ministry is carrying out a global reform in this area – working on the development of electronic service to change the place of registration on the portal and in the Diia application – read
The Verkhovna Rada of Ukraine supported the amendments to the Law of Ukraine “On Road Traffic” which allows the use of digital driver’s license, vehicle registration certificate, and car insurance in Diia (Action) app along with paper documents – read
Reports:
Tech M&A report 2020 by Capital Times – read
European M&A Report by PitchBook – read
Ukrainian Tech M&A report 2020 by Capital Times – read
Nasdaq Decodes: Tech Trends 2021 – read
Guideline on IP for Ukrainian IT companies by UNIT.City, TISC, Ukrpatent – read
Analysis of IT education in Ukrainian universities by BRDO – read
IT exports in Ukraine 2020 by BRDO – read
Salaries of Ukrainian IT specialists by AIN – read
TOP 50 Ukrainian IT companies, winter 2021 by DOU – read
HR brand of Ukrainian IT companies by Djinni – read
TOP 50 Ukrainian IT companies, winter 2021 by DOU – read
Via TechUkraine, Dealroom, NASA, Atlantic Council, TechCrunch, Silicon Canals, AIN, DOU, KyivPost, USF, Liga, Vector, Interfax, Segodnya, BRDO
