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Google doubles funding for Ukrainian IT companies to $10-mln in 2022
Journal Staff Report

WARSAW, March 31 – Google Corporation, as part of the Startup Support Fund in Ukraine, doubled funding for Ukrainian companies in 2022 by providing $10 million, Head of Google for Startups, CEE Michal Kramarz said at the Tech Emerging Europe Advocates – Meeting 2023 in Warsaw.

He said that Ukrainian startups supported by the fund received $10 million in funding during the war in 2022 and were able to hire 216 additional employees. But what is also very important: they were able to increase revenue by 200% year-on-year, which means that even in a difficult time, during the war, in a situation that requires resilience, they were able to achieve incredible results, he added.




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