PARIS--(BUSINESS WIRE)--Oct 11, 2026--
Sky9 Capital, a global Asia-rooted technology venture capital firm with approximately $2 billion in assets under management, announced the opening of its Paris office at Station F, Europe's largest startup campus.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260924712927/en/
Founded by veteran venture capitalist Ron Cao, Sky9 has invested in and supported over 150 Asia- and US-based startups, resulting in 16 global IPOs and 19 M&A exits over more than a decade of investing.
Sky9 Capital is headquartered in Singapore and has offices in Shanghai and San Francisco. Its new Paris office marks an important milestone in Sky9's international expansion and reinforces the firm's long-term commitment to the European innovation ecosystem.
"I am very excited about our Paris office at Station F, as we partner with one of the best European startup ecosystems to continue building out our long-term commitment to connecting Europe and Asia. We look forward to supporting Asian companies expanding into Europe and backing European founders with global ambitions," said Ron Cao, Founder of Sky9 Capital.
"Sky9 Capital's arrival at Station F strengthens the bridge between European and Asian innovation. We look forward to seeing the connections this will create for our entrepreneurs as they develop their projects internationally," said Roxanne Varza, Director of Station F.
The new office will serve as a hub for supporting portfolio companies expanding into Europe, partnering with European founders building globally ambitious businesses, and strengthening collaboration between Europe and Asia. Through its presence in Paris, Sky9 connects founders and investors to its global network, operational expertise, and cross-border opportunities. For more information on Sky9 Capital, please visit www.sky9capital.com.
Ron Cao, Founder and CEO of Sky9 Capital, participating in a panel discussion at VivaTech 2026 in Paris.
WASHINGTON (AP) — U.S. President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy ceasefire,” but offered no details on its terms.
Trump’s brief social media post said only that the ceasefire took effect immediately and that both sides had agreed to it. “Do not break it!” he wrote.
Ukrainian President Volodymyr Zelenskyy said on X: “We discussed the energy ceasefire announced by President Trump. Ukraine supports the ceasefire, and it is important that Russia support it as well. We are awaiting details from the American side.” Zelenskyy added that he had spoken with Canadian Prime Minister Mark Carney, Finnish President Alexander Stubb and NATO Secretary-General Mark Rutte.
Moscow did not immediately comment on the announcement, and The White House did not clarify the president’s post.
Zelenskyy, in an interview aired Sunday, said Ukraine was ready to stop striking Russian refineries if Moscow halted attacks on Ukraine’s energy system, and asked Trump to press the Kremlin to agree.
“We are asking President Trump, (to) give them (a) signal, not (to) attack energy infrastructure of Ukraine,” he told ABC’s “This Week.”
Trump said Saturday it was time for Ukraine to get a new president, suggesting Zelenskyy has not done enough to end the war and blaming him for high diesel prices in the U.S.
Zelenskyy said in response to Trump's comments that Ukraine could hold elections if Russia agreed to a 60-day ceasefire. “Give us two months, 60 days off. Total ceasefire, 60 days, and we will organize elections,” he said, adding that Ukraine would be ready to accept whatever choice its people made.
“With all respect to President Trump, it’s up to our society, up to our people to choose one or another leader,” he said. Zelenskyy added that holding a vote during the war would be unlawful and that Ukraine would need security guarantees to allow people to vote safely.
Ukraine has been under martial law since Russia’s full-scale invasion in February 2022, and the Ukrainian Constitution bars elections while it remains in force. Beyond the legal barrier, a nationwide vote would be vulnerable to Russian missile and drone attacks, and organizing one is widely seen as logistically impossible, with roughly a fifth of the country under occupation, millions of Ukrainians displaced abroad and soldiers on the front line. Zelenskyy’s term formally expired in May 2024, but the constitution allows him to remain in office until a new president is sworn in.
The exchange came as Kyiv pressed its campaign against infrastructure deep inside Russia, with a drone attack on Sunday shutting down a data center run by Russian technology giant Yandex, the third strike on the company’s facilities in four days. Russia and Ukraine are locked in a long-range aerial war while their armies remain largely deadlocked on the front line.
The U.S. president, who on Friday struck a deal with President Vladimir Putin to buy diesel from Russia in an attempt to address high fuel prices ahead of U.S. midterm elections, has been urging Zelenskyy for weeks to stop strikes on Russian energy infrastructure.
He has sought to blame record U.S. diesel prices on Ukraine rather than the U.S.-led war in Iran, which has driven up world energy prices. Ukrainian and European officials reacted to the diesel deal with dismay, saying it will help pay for Russia’s war effort.
The Ukrainian drone attack on the Yandex data center in the city of Vladimir, east of Moscow, caused outages across the company's services, leaving users in dozens of Russian cities and in Kazakhstan, Belarus and Armenia unable to order taxis or access banking services, according to Russian independent news outlet Astra.
“As a result of the drone attack, the infrastructure of Yandex’s data center in Vladimir was damaged. Operations at the data center have been completely halted. There were no injuries,” said the Yandex Cloud Telegram channel, which provides operational updates on service availability.
In Moscow, residents described disruption to everyday tasks. Pavel Belyavskiy, a driver for Yandex Taxi, said it was unclear whether orders were coming through at all, and that on several rides he had to cancel after waiting a long time because he could not reach the passenger.
“I’d press the ‘call’ button to contact them, but nothing happens,” he said, “There’s nothing I can do, so I’m just forced to cancel.”
Igor Mann said he went to check the status of an order on the Yandex Market shopping platform but the page was unavailable, and connecting through a VPN did not help. “Nothing worked,” he said.
Another Moscow resident, Eduard Malyavko, said the outages had “direct impact” and weren't just about “convenience.”
“It’s also about work,” he said, adding that they also affected “healthcare, and everything else.”
On Thursday, a drone attack took a Yandex data center offline in the Ryazan region, southeast of Moscow. A day later, Ukrainian drones hit the company’s major data center in the Kaluga region, southwest of Moscow, partly putting it out of action, Yandex said.
Yandex, often described as Russia’s Google, runs the country’s most popular search engine and a wide range of digital services, and is heavily involved in Russia’s artificial intelligence development.
Elsewhere, Zelenskyy said search and rescue operations ended in the southern city of Zaporizhzhia after a Russian bombing on Saturday, Ivan Fedorov, the former regional head and co-chair of the regional defense council, said Sunday.
Zelenskyy said 23 people were killed in the attack, including four children. More than 30 people were wounded, Fedorov said, eight of whom remain hospitalized.
A man was killed and two women wounded in a Ukrainian drone strike on Russia's Bryansk border region, local officials said Sunday.
Blann reported from Kyiv, Ukraine, and Morton reported from London.
Follow the AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
A Yandex food delivery courier rides his scooter in Moscow, Russia, Sunday, Oct. 11, 2026. (AP Photo/Alexander Zemlianichenko)
President Donald Trump speaks with reporters as he arrives on Air Force One, Saturday, Oct. 10, 2026, at Joint Base Andrews, Md. (AP Photo/Alex Brandon)
Ukrainian President Volodymyr Zelenskyy speaks to the media after a German-Ukrainian business forum in Kyiv, Ukraine, Sunday, Oct. 4, 2026. (AP Photo/Dan Bashakov)
Rescue workers clear the rubble of a residential building destroyed by a Russian airstrike in Zaporizhzhia, Ukraine, Saturday, Oct. 10, 2026. (AP Photo/Kateryna Klochko)
Rescue workers pull a family from the rubble of a residential building destroyed by a Russian airstrike in Zaporizhzhia, Ukraine, Saturday, Oct. 10, 2026. (AP Photo/Kateryna Klochko)
FILE - Russian President Vladimir Putin, right, examines the current prototype of an unmanned vehicle during his visits Russia's largest internet search engine Yandex headquarters in Moscow, Russia, on Sept. 21, 2017. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File)
