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Ukraine’s Startup Scene Continues to Thrive: A TechCrunch Update

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Ukraine's startups keep building | TechCrunch

Ukrainian Startups Thrive Amidst Conflict: A Story of Resilience

In a remarkable display of resilience, Ukrainian startups have not just survived but thrived in the four years since Russia’s invasion of their country. One such success story is edtech company Preply, which recently achieved unicorn status. Despite the ongoing war, employees in its Kyiv office celebrated this milestone with cake, highlighting the unwavering spirit of the Ukrainian tech community.

Preply’s success is emblematic of a broader trend in Ukraine, where startups continue to innovate and grow amidst adversity. The country’s engineering talent and ingenuity have become key drivers of progress, contributing to various sectors beyond defense tech. For instance, Aspichi, a startup founded in the U.S. in 2021, pivoted its focus to develop Luminify, a mixed-reality platform for mental health care, in response to the war. This innovative solution has provided much-needed support to Ukrainians coping with wartime trauma, showcasing the transformative power of technology in times of crisis.

While the conflict has taken a toll on the mental health of Ukrainians, it has also spurred innovation and collaboration within the tech community. Startups like Aspichi have partnered with military units and healthcare facilities to address the psychological impact of the war, demonstrating the industry’s commitment to supporting the country in its time of need.

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Despite facing near-daily attacks on essential infrastructure like the power grid, Ukrainians have adapted to the harsh conditions with resilience. In Kyiv, locals have resorted to using high-capacity power banks, gasoline stoves, and diesel generators to cope with power cuts. Offices have become refuges from the cold, equipped with generators to ensure uninterrupted electricity and warmth for employees.

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For smaller startups, coworking spaces like LIFT99 Kyiv Hub have become essential havens. Despite being affected by a Russian strike last August, LIFT99 has seen a surge in membership since reopening, underscoring the community’s determination to persevere and rebuild amidst adversity.

While Kyiv remains Ukraine’s primary startup hub, cities like Lviv in western Ukraine have also emerged as thriving tech ecosystems. Displaced Ukrainians, including tech workers, have flocked to Lviv, drawn by its vibrant community and proximity to the Polish border. Creative spaces like LEM Station symbolize Lviv’s growing tech scene, which has attracted attention from both local and international investors.

Despite the challenges posed by the ongoing conflict, Ukrainian tech entrepreneurs continue to showcase their innovation and resilience on the global stage. Tech conferences like IT Arena 2025 in Lviv have welcomed participants from over 40 countries, highlighting the industry’s enduring appeal and potential for growth. Venture capital firms like 1991, Flyer One Ventures, and SMRK remain active in Ukraine, signaling confidence in the country’s tech ecosystem.

Despite the hardships faced by Ukrainians, their unwavering spirit and determination shine through in their pursuit of tech excellence. Delegations from Ukraine continue to participate in tech conferences abroad, showcasing the country’s vibrant startup scene and highlighting the achievements of its unicorns. Despite the challenges of war, Ukrainian tech entrepreneurs remain resilient and focused on driving innovation and growth in the face of adversity.

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