Investment in Ukrainian and Ukrainian-founded startups fell sharply last year, according to the latest edition of the Dealbook of Ukraine, an annual report offered by Ukrainian fund AVentures Capital. The amount of startup funding deals reached a mere $218 million in the period including the full year 2022 and the first four months of 2023 …
Investment in Ukrainian startups fell by nearly 80% in 2022 Read More
Investment in Ukrainian and Ukrainian-founded startups fell sharply last year, according to the latest edition of the Dealbook of Ukraine, an annual report offered by Ukrainian fund AVentures Capital. The amount of startup funding deals reached a mere $218 million in the period including the full year 2022 and the first four months of 2023 …
Investment in Ukrainian startups fell by nearly 80% in 2022 Read More
Nearly one year after initial announcements, an EU-backed €20 million program to support Ukrainian high-tech startups is starting to take shape. Earlier this week, the European Commission announced the winner of its competitive call. A “pan-European network of startup associations, enterprise support centres, incubators and accelerators” will be formed to help Ukrainian innovators integrate into …
European Commission allocates €20 million to integrate Ukrainian startups to EU ecosystem Read More
Ukrainian VC firm SMRK has injected $1 million in Osavul, a company launched last year “to protect society from disinformation and manipulations from malicious actors.” “The world has faced a powerful wave of propaganda and narratives discrediting Ukrainians and its struggle. New technologies — such as large language models like ChatGPT — make it easier …
Ukrainian startup secures $1 million to counter online disinformation Read More
Horizon Capital, a leading private-equity manager in Ukraine and Moldova, announced today the interim closing of Horizon Capital Growth Fund IV (HCGF IV). The new fund has received $254 million in commitments — above the initial $250 million target — from a bevy of financial institutions. Ukrainian president Volodymyr Zelenskyy personally attended the signing ceremony today held …
International financial institutions commit record $254 million to Ukraine-based PE fund Read More
On April 26 the Ukrainian authorities launched an online platform to streamline and support innovation in defense technologies. Dubbed ‘Brave1,’ the platform aims to unite industry and government stakeholders, providing the latter with “organizational, informational, and financial support for defense tech projects in Ukraine.” The covered fields include, in particular, weapon systems, drones, robots, demining systems, protection …
Ukraine launches tech cluster to increase defense capabilities Read More
The Ukrainian-founded, UK-based neobank company Fintech Farm has completed a $22 million Series B round, AIN.Capital reported last week — the second capital injection in a bit more than one year, following a $7.4 million round in early 2022. The new round was led by UK fund Nordstar with participation from Chrome Capital, whose General Partner, …
Ukrainian-founded neobank company raises $22 million in the UK Read More
Earlier this month Zeely announced the completion of a $1 million round of funding to develop further its mobile web store and ad builder for small business owners. The Ukrainian-founded, US-headquartered startup was backed by Vesna.Capital, Angel One Fund and ZAS Ventures, three funds with Ukrainian roots; Imaguru Ventures, based in Spain with Belarusian roots; as …
Ukrainian-American Zeely attracts $1 million to help entrepreneurs develop mobile business Read More
From March 21 to March 23, the French capital played host to the Paris Blockchain Week, attracting a variety of thought leaders, entrepreneurs, investors, corporate executives and other industry professionals. Some 8,500 attendees in total came from 76 countries, according to the organizers. Ukraine was present in several ways. On the humanitarian side, the UNHCR …
Three Ukrainian startups shine at Paris Blockchain Week Read More
Euvic Group, a major Polish group of IT service companies, is in the process of acquiring Lviv-based software development provider Exoft. This award-winning Ukraine company currently serves clients in at least 24 countries with more than 50 skilled engineers. The terms of the deal were not disclosed, but Ukrainian industry insider Vitaly Horovyj told AIN the …
Polish IT giant Euvic Group acquires Ukrainian Exoft Read More
Yesterday the UK and Ukraine signed a digital trade agreement (DTA) to support Ukraine’s National Recovery Plan while “greatly enhancing the UK-Ukraine trade and investment relationship.” UK businesses will be “mobilised to engage in future reconstruction projects in Ukraine,” the UK government stated. The agreement was inked in the framework of the ‘Road to Ukraine …
Awesomic, a Ukrainian platform that matches businesses with designers, has secured $800,000 in equity funding, reports Tech.eu. Among the investors are three funds — including Flyer One Ventures, based in London but with Ukrainian roots, and Pioneer Fund, a serial investor in Y Combinator startups — as well as two Y Combinator executives, Michael Seibel …
Ukrainian designer-to-client matching platform Awesomic raises $800,000 Read More
Earlier this week Digital Media Solutions, a major US provider of high-tech digital advertising solutions, announced the acquisition of the ClickDealer’s media and technology assets, including the HomeQuote marketplace. ClickDealer was founded back in 2012 by three Ukrainian entrepreneurs: Max Polyakov, Tetiana Serediuk, and Dmytro Atamaniuk. Initially an affiliate network covering several niche verticals, the company …
