What has happened in the Ukrainian tech market in February 2021 (16-23.02)?

What has happened in the Ukrainian tech market in February 2021 (16-23.02)?

Ukrainian Tech market

Available at: TechUkraine

Venture capital and startups: 

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 software company ABM Cloud, provides the development and integration of cloud-based solutions for improving business productivity, attracted a new round of investments by QPDigital. The amount was not disclosed – 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

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

The Ukrainian pharmaceutical company Farmak plans to develop an R&D cluster project in Kyiv to build up scientific and technical potential – 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

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

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:

IT exports in Ukraine 2020 by BRDO – read

TOP 50 Ukrainian IT companies, winter 2021 by DOU – read

Salaries of Ukrainian IT specialists by AIN – read

HR brand of Ukrainian IT companies by Djinni – read

Guideline on IP for Ukrainian IT companies by UNIT.City, TISC, Ukrpatent – read