The Ukrainian Venture Capital and Private Equity Association (UVCA) has just released its Investors Book, a report that features data about local venture funds, accelerators, incubators, PE funds and other market players.
According to the report, 17 venture funds, six private equity funds and one corporate fund (HP Tech Ventures) currently operate in Ukraine.
New funds are expected to emerge in the nearest future.
All in all, the Investors Book lists 34 companies, 70% of which are UVCA members.
The report is intended, first of all, for foreign investors.
“We have always noted the lack of objective information about the Ukrainian investment market and its players. Ukraine is rather seen as an outsourcing destination, while our goal is to show that there are startups and IT companies in every field, which attract funding from both local and international investors,” commented UVCA Executive Director Olga Afanasyeva.
Key findings
- Ukrainian investment funds have 20 portfolio companies on average
- Funds are ready to invest anything from 50,000 to dozens of million of US dollars, depending on fund type and project stage. Thirty-seven percent of the funds may inject from $100,000 to $1 million
- 10 funds may participate in rounds A or B, 16 funds are ready to invest in seed startups, 7 funds would invest at pre-seed stage.
In 2015 the association released the Ukrainian Venture Capital and Private Equity Overview.
Each year Ukraine Digital News publishes a comprehensive research about venture activity in the country, in partnership with the UVCA.