Ukrainian weapons startups are finally seeing an inflow of funds from Western investors who have long been intrigued by the Ukraine's defense tech sector but have so far kept their money out of the war-torn country. Financial analysis firm Pitchbook provided the Kyiv Independent with data showing a four-fold rise
CourtAvenue, an American artificial intelligence solutions company ranked among the fastest-growing private companies in the U.S., has acquired a controlling stake in BotsCrew, a Ukrainian company that develops chatbots for business, BotsCrew announced in a press release on Feb. 11.
Ukraine has become a war lab for the future since the onset of Russia’s full-scale invasion. Driven by necessity, it has had no choice but to rely on rapid innovations to fight back. As a result, Ukraine is at the forefront of military technology, leveraging robotics and automation to
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
Putin told the government and state-owned Sberbank to "ensure further cooperation with the People's Republic of China in technological research and development in the field of artificial intelligence."
Editor’s Note: This story was sponsored by the United Nations Development Programme (UNDP) in Ukraine. When a sapper with the call sign "Boroda" asked his friends, the founders of the Rovertech company, to create something for demining, and provided them with his own sketch, they seized on the idea.
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
Editor’s note: In accordance with the security protocols of the Ukrainian military, most soldiers featured in this story are identified by first names or callsigns only. One soldier is mentioned by first and last name as he is permitted to use his full name with the press. Ihor was
More than two years after Russia’s full-scale invasion delayed its release and upended its developers’ lives, Ukraine’s "S.T.A.L.K.E.R. 2" — one of the most anticipated video games of the year — was released on Nov. 20. Employees of GSC Game World, the Ukrainian company
The German government is reportedly funding a contract concluded in September between tech defense firm Helsing and Ukraine for the supply of attack 4,000 drones.
The memorandum of understanding will establish over 100 industrial parks across Ukraine, impacting the lives of 2.5 million citizens, and helping create “hyper-modern” cities.
Metro Awakening, the fourth video game in the popular post-apocalyptic survival franchise set in Russia’s underground subway, was released on Nov. 7 by the virtual reality (VR) company Vertigo Games.
The locations of military sites in Ukraine are no longer displayed on Google Maps, said Andrii Kovalenko, head of the Counter-Disinformation Center under Ukraine's National Security and Defense Council, on Nov. 7.
"These satellite images were taken more than a year ago and come from publicly available sources — we deliberately do not publish the latest images of war zones," Google said.
Russia will launch two Iranian satellites, Kowsar and Hodhod, into orbit on Nov. 5 using a Soyuz launcher, Iranian Ambassador to Russia Kazem Jalali said on Nov. 4.
"This is one of the key steps towards the full launch of 5G in Ukraine, which we plan to complete by 2030," Digital Transformation Minister Mykhailo Fedorov said on Nov. 1.
The New York-based global entrepreneur network Endeavor has opened its first office in Ukraine, signaling confidence in the country’s business potential.
For more than two decades, Time editors have annually spotlighted the most influential new products and ideas in their Best Inventions issue.
Speaking at the Future Investment Initiative conference in Saudi Arabia, Eric Schmidt said that Russia's war in Ukraine showed how a "$5,000 drone can destroy a $5 million tank."
The following is the Oct. 1, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukraine launched an e-residency program this past week, giving some foreigners remote access to services in the country,
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
Ukraine has launched uResidency, a program enabling foreigners to start a business in the country remotely, Digital Transformation Minister Mykhailo Fedorov announced on Sept. 27 at the Lviv IT Arena, according to a Kyiv Independent journalist reporting from the event. The program offers foreign entrepreneurs favorable conditions for conducting business,
Ukraine’s fight for survival with a bigger and better-equipped enemy is forcing the country’s army to swiftly seek innovations. The latest modern solution being used to substitute bureaucratic Soviet army operations is the recently launched Army+ app, which aims to make the armed forces “paperless.” Presented with fanfare
In March 2023, I noticed a disturbing silence about the messaging platform Telegram’s ties to the Kremlin, despite Russia’s ongoing war against Ukraine. It was like a Trojan horse – right in the pockets of 70% of Ukrainians. I quickly compiled years of notes on its founder Pavel Durov,
Just as the West has been forced into confrontation with Russia and China, military conflicts have revealed major systemic weaknesses in the U.S. and European militaries and their defense-industrial bases. These problems stem from fundamental technology trends. In Ukraine, expensive manned systems such as tanks, combat aircraft, and warships
Although Russian authorities linked the problems to a cyberattack, the news follows a string of cases of the Russian government restricting the Signal messaging app and reportedly targeting YouTube.
Ukraine has launched Army+, a new online application aimed at freeing the country's military from its notoriously heavy paper-based bureaucracy.
Widespread YouTube outages have already been reported across Russia starting earlier in August.
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
Investors have mostly stayed away from Ukraine since the start of the full-scale invasion, but the tides are turning, according to a new report from KPMG Ukraine, an accounting organization based in Kyiv. The first half of 2024 saw 25 mergers and acquisitions (M&As) bringing in $510 million, up
Russia will deliberately slow YouTube loading speeds by up to 70% by the end of next week, in response to Google's refusal to comply with the demands of the Russian authorities, Russian lawmaker Alexander Khinshtein said on July 25.
