site of the day
aw ww ards®

Click anywhere to enable sound

May Recap: $1B investment, Google’s AI Surge & The Power of Network

May brought exciting updates from Sigma Software Labs — from exclusive Labs Galaxy events to new locations and portfolio recognition. It was also a big month globally, with billion-dollar funding and major AI announcements shaping the tech landscape.

Whether you’re curious about joining a startup community, working from our European offices, or following the rise of Ukrainian tech, this recap is for you.

Here’s what made May stand out:

Our most exclusive event is coming

On June 11, we’re hosting an event at the Labs Galaxy community: The Network Effect. Build before you need it, featuring Sigma Software’s top executives — Katherine Tuluzova (CEO, Sigma Software), Artem Petrenko (President of Strategy, Sigma Software Group), Anton Vaisburd (CEO, Datrics & GP, SID Venture Partners), Anastasia Prozor (Head of Operations, LATAM), and moderator Daria Yaniieva, Labs’ Investment Director. Innovation starts with people, and we launch this community to boost energy and ideas exchange between entrepreneurial minds. Learn more about the community on our blog: Sigma Software Labs Launches Labs Galaxy – A New Innovation Community

Labs Galaxy community

Synergetic Spaces now in Warsaw & Budapest

We’ve opened new managed offices in the heart of Warsaw and Budapest — and they’re already welcoming European tech teams. With backup power, secure infrastructure, and a unique tech atmosphere, Synergetic Spaces helps product teams and startups grow with confidence. Know a startup that needs a space like this? Share our list of available locations in Warsaw, Budapest, and across Ukraine.

Synergetic Spaces now in Warsaw & Budapest

Google supports Deus Robotics & Datrics.ai — in the spotlight

Two startups from Sigma Software Labs’ portfolio are among the 30 UA companies that have received support from the Google for Startups Ukraine Fund. Also on the list is Haiqu, a quantum and AI technology startup backed by ecosystem fund SID Venture Partners. Each winner gets up to $100K in funding, mentorship, and tools from Google — plus up to $350K in Google Cloud credits.

Sigma Software Labs

Ukraine is now #42 in the global startup ecosystem

With the highest ecosystem growth of +26.2%, Ukraine moved up 4 spots in the StartupBlink Global Startup Ecosystem Index 2025. Kyiv is back in the global top 70; we’re now #2 in Eastern Europe for SaaS.

Global Startup Ecosystem
Image credits: StartupBlink

Grammarly gets $1B to grow

UA-rooted startup has received a $1 billion investment from General Catalyst to grow sales, marketing, and acquire new products. Today, Grammarly has more than 40 million daily users, with over $700 million in annual revenue, and is entering a new phase: AI productivity. The new CEO is Shishir Mehrotra, ex-Coda.

Grammarly Announces $1 Billion Growth Financing With General Catalyst
Image credits: Grammarly

Google I/O 2025: 30+ AI upgrades, 50× usage growth

AI Mode in Search, Gemini Pro/Flash, video generation, and real-time Meet translation. Google’s AI products now handle 480 trillion tokens per month. Read the news here: Google I/O 2025 

Sigma Software Labs digest
Image credits: Google

See you next month — and stay brave

GET THE LATEST NEWS & REVIEWS