21.09.23 Tech Investments Saldo Apps (Netpeak Group) raises up to $700,000 from hi5 Ventures (updated) The Ukrainian startup from the Netpeak Group’s ecosystem — Saldo Apps — has raised a Pre-Seed round from a group of investors led by hi5 Ventures. The company does not disclose the amount of the financing. However, according to Forbes’ information
15.09.23 Pop Science Space Firefly Aerospace rocket successfully launches a spacecraft commissioned by the US Space Force On September 13, 2023, the aerospace company Firefly Aerospace, founded by Ukrainian entrepreneur Max Polyakov in 2017, successfully launched its Alpha rocket as part of the Victus Nox mission commissioned by the US Space Force (USSF). This is stated on
12.09.23 Countries Ukraine Founders of Ukrainian legal-tech Axdraft start a new generative AI service — AiSDR The brothers Yuriy and Oleg Zaremba, who founded the legal-tech startup Axdraft in 2017, have announced that they are leaving the company and launching a new project, AiSDR. As Yuriy Zaremba said in his post, AISDR is a service for sales automation
08.09.23 Countries War in Ukraine In 2022, Elon Musk deliberately shut down Starlink to thwart a Ukrainian attack on Sevastopol In 2022, Elon Musk deliberately ordered the shutdown of Starlink satellite communications near the Crimean coast to disrupt Ukraine’s attack on the Russian navy in Sevastopol. According to CNN, citing an unreleased biography of Musk written by American journalist and
29.08.23 Countries War in Ukraine China supplies 67% of critical components for making UAVs to Russia The main supplier of critical components for Russian UAVs production is China, which accounts for 67%, with Turkey and the United Arab Emirates accounting for another 7%. This conclusion was reached by an International Task Force working on sanctions against
14.08.23 Tech Investments BRAVE1 defense technology development cluster awarded $225,000 in grants At the end of April 2023, Ukraine established a singular coordination platform in the defense tech industry, BRAVE1, aimed at adopting and transferring advanced Ukrainian technological solutions to the frontline. According to Mykhailo Fedorov, Minister of Digital Transformation, 15 projects
11.08.23 Countries Ukraine Ukrainian company VILNO raises over $100k in 2 weeks on Kickstarter for its innovative footrest VILNO, a Ukrainan company founded by brothers Danylo and Nazar Ozhho, launched a Kickstarter for an innovative footrest that helps alleviate discomfort and improve posture when sitting at a computer for long periods of time. According to the founders, their
21.07.23 Countries Ukraine Edible Brands to pay off fired Ukrainians, but only if they will delete their complaints Back in November 2022, the Edible Arrangements (Edible Brands) company fired more than 50 employees of its Ukrainian team without any warning. In May 2023, it was noted that the company had not paid off with its former employees. According
17.07.23 Countries Ukraine Insight into Whaleapp gamedev company: $80M in profit, layoffs, and the war’s impact After selling Plarium for $500 million to the Australian company Aristocrat, Ilya Turpiashvili founded the gaming company Whaleapp in 2018, raising approximately $50 million. The company is now one of the ten largest gamedev companies in Ukraine. CTech has written a general overview of Whaleapp’s business, which
12.07.23 Tech Investments Ukrainian startup Workee raises $900k at a valuation of $9-$12M Ukrainian startup Workee that develops an online business management system for freelancers has raised $900,000 in funding. According to Forbes, the investors included international funds and Google’s special fund. Workee’s post-money valuation, according to founder Ihor Bauman, reaches $9-12 million.
