Ukraine Seeks IT Investment at Web Summit as War Rages Back Home
- Microsoft pledged another $100 million in support at the forum
- Tech sector represents about 10% of Ukraine’s wartime economy
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Ukrainian startups and officials have descended on Lisbon this week to Europe’s largest tech conference, seeking investment and exposure for their country’s IT sector even as the war with Russia rages at home.
“Technology can destroy and murder, but it can also be a saving grace,” Ukraine’s First Lady Olena Zelenska said in an interview with Bloomberg Television on the sidelines of the annual Web Summit conference.