Ukraine has become a hotbed of defense innovation, as Russia’s deadly invasion fuels a rapid development of new battlefield technologies. Kyiv now aims to become a global leader in the defense sector, but with its economy drained by the war, it needs foreign investment to accomplish its goal. Ukraine
Ukraine’s low-budget tech wizardry has stunned Western audiences since the war’s outset. Soldiers operating out of front-line garages have modified donated artillery, rehabbed captured weapons, amped up off-the-shelf drones, and coded software to streamline it all. Given all the attention, a number of enterprising Ukrainians have turned their
It was the night before Alyona Mysko’s birthday when she got the word from her financial manager. The founder of software company Fuel that provides financial planning for startups, Mysko was, she says, still working at home in Kyiv well into the night of July 22 when she learned
A New York-based firm FF Venture Capital launched a $30 million fund to support Ukrainian-founded startups. The Blue & Yellow Heritage fund is reportedly the first Western venture capital fund focused exclusively on the Ukrainian startup market. Over the next five to 10 years, the fund will invest in 15-20 early-stage
Ukrainian-Swiss startup Blocksport has raised $6 million in an initial coin offering, the company’s co-founder Volodymyr Liulka announced on Dec. 7. Investors included Chinese digital asset manager FBG Capital, the Dubai-based venture fund NewTribe VC, Mexican crypto platform MEXC, and Australian investors LVT Capital, among others. Initial coin offerings
