Ukraine will present its resilient tech ecosystem at the Web Summit 2022 in Lisbon.
The Ukrainian Startup Fund, together with GIST, is organizing the largest delegation of startups in history, including 24 Ukrainian startups. Despite the unprovoked and brutal Russian aggression, which shocked the entire world at the end of February, the Ukrainian IT sector has shown incredible resilience and determination even during the country’s darkest hours. It remains the only industry in Ukraine that has shown growth during the war. According to the Sigma Software press release, the computer services export volume for the first half of 2022 reached $3.74B, which is 23% more than for the same period in 2021. Despite the war, Ukrainian start-ups and tech companies raised almost $350M in the first six months of 2022.