Despite the wartime challenges, 12 Ukrainian startups will present breakthrough solutions at the most influential tech gathering of global innovators CES 2023 in Las Vegas, the USA. On January 5th-8th, the Ukrainian tech delegation will exhibit unique hardware products in Eureka Park as part of the Ukraine Startup pavilion.
The Ukrainian tech industry, one of the biggest tech powerhouses in Europe, demonstrates unprecedented resilience during 10 months of full-scale invasion and russian brutal aggression. The innovative sector is one of the few that has quickly resumed full-fledged work and is able to support Ukraine's economy with foreign currency earnings even in wartime. The IT services export grew to 10% compared to last year, bringing in more than $6 billion in revenue, surpassing the 2021 figure by $542 million.
According to the report "RUSSIAN AGGRESSION IN UKRAINE: How do Ukrainian startups survive" by Polish-Ukrainian Startup Bridge, 12% of the surveyed companies closed their operations after the russian invasion. But despite all threats, most of the Ukrainian startups and founders decided to preserve, develop, give hope and support Ukraine during the war and reconstruction after defeating the aggressor.
Ukrainians didn't choose to live in war, but we chose to win it. Today, Ukraine is the outpost of defending the democratic values of free world. The courageous Ukrainian Army is protecting the global security system. It's the most technological war ever: Ukraine became the military tech and cyber hub, demonstrating a unique ability to mobilize, invent, and quickly implement high-tech solutions on the ground (Starlinks, etc.), top-notch expertise in cyber war (decentralized cyber units led by Ukrainian professionals and Ukrainian IT Army), developing drones, UAV, software for the military, medtech & tech for good solutions. Ukrainian IT continues to work at full capacity, providing superior service for clients worldwide, scaling internationally, and supporting the country in the humanitarian and financial spheres.
The main goal of the Ukrainian delegation at CES 2023 is to present the high-level startups, powerful Ukrainian tech ecosystem, and investment potential to the global IT community, and loudly declare that the best time to invest in Ukraine is now,
– Dmytro Kuzmenko,
Executive Director at UVCA – Ukrainian Venture Capital and Private Equity Association.
At the conference, the Ukrainian delegation will present:
Ukrainian hardware startups
The Ukrainian tech delegation invites attendees and media representatives to visit the pavilion of Joint National Trade Mission and side events during the CES 2023.
Joint National Trade Mission of Ukrainian hardware tech startups at CES2023, supported by USAID, is organized by the UVCA – Ukrainian Venture Capital and Private Equity Association, Ukrainian Startup Fund (USF).
Partners: GIST Net, Western NIS Enterprise Fund (WNISEF), Ministry of Digital Transformation of Ukraine.
Information partner: TechUkraine.