Thursday, November 11

Ukrainian-based startup Matter Labs raised $ 50 mln.

 Founded by Ukrainian Oleksiy Hlukhivsky, startup Matter Labs is developing an Ethereum blockchain scaling protocol that reduces traffic in the main chain of Ethereum blocks. This solution allows developers to reap the benefits of fast and cheap transactions without losing the security of the Ethereum ecosystem (Matter Labs website).

Previous post

The First Ukrainian International Bank (FUIB) in negotiations to purchase Idea Bank.

Next post

The Ukrainian President signed a law on the development of biomethane production.

Previous Main Topics

The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment