Business
Ukrainian-founded drone maker UForce raises $700 million at $6 billion valuation
The investment will help UForce expand production for Ukraine and supply allied countries with systems suited to modern warfare, the company said.
Business news
Created in collaboration between Kyiv Independent and KPMG Ukraine Gateway
An investor’s guide to
UKRAINE
More from Business
News Feed
Sunday, November 15
'Fantastic female warrior' – Drone operator Rayana killed fighting Russian forces
Rayana joined the army voluntarily in 2024, becoming the first woman in the Chechen Sheikh Mansur Volunteer Battalion.
Ukraine's embassy blames Russia for Warsaw monument graffiti, calls it bid to ‘sow hostility’ between Ukrainians, Poles
Inscriptions reading "Slava UPA" ("Glory to the Ukrainian Insurgent Army"), painted in red, appeared on two monuments in Warsaw, Polish broadcaster TVN24 reported on Nov. 14.
Ukraine strikes Russian military airfield in Astrakhan Oblast, drone launch site in Oryol Oblast, General Staff says
In Astrakhan Oblast, drones targeted the Akhtubinsk airfield, which hosts Russia's 929th State Flight Test Center, one of the country's main facilities for testing new military aircraft and weapons.
Starshield restrictions hamper Ukraine's ability to defend energy infrastructure from Russian drones, Zelensky says
"Russian forces are targeting substations with Shahed drones. And many of these strikes get through precisely because speed restrictions remain in place for Starshield terminals along the front line and in temporarily occupied territories," Zelensky said
Ukraine strikes major Russian petrochemical and oil refining plants, helicopter manufacturer, military confirms
"Every day these plants are idle means fewer tires for the vehicles transporting ammunition to the front, fewer rubber parts for armored vehicles and aircraft, fewer raw materials for the missile industry, and less fuel for the Russian military," the General Staff said.
EU forces board suspected Russian shadow fleet tanker in Mediterranean, Kallas says
"The EU will keep disrupting Russia's shadow fleet at sea and through diplomatic means," Kaja Kallas said.
About Business
The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.
Most Popular
1.
Luo Haizhou had once asked to be referred to only by his call sign "Brunko," but his reticence has since gone. Luo recruits fellow Chinese volunteers for Ukraine's military, despite warnings from Chinese state security officers to his family back home. He knows that returning to his native Shenzhen is now impossible. "For the few dozen Chinese who have joined Ukraine's military, the choice may have cost them the option of ever returning home." Luo met with the Kyiv Independent a day before
