Party Space attracts $1 million to make online events less boring

Ukrainian startup Party Space attracted $1 million from Ukrainian fund TA Ventures, business angel network ICLUB and Hungarian fund Day One Capital, the company’s cofounder Yurii Filipchuk announced on Oct. 13.

The main idea behind Party Space is to make online meetings more interesting. Ukrainian techies Yurii Filipchuk, 29, Arthur Ostapenko, 37, and Dmitry Zvada, 32, launched a service amid the pandemic, in May 2020. They were tired of communication via text messages or traditional platforms like Zoom and Google Meet, and decided to explore a new niche — a metaverse.

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Topics: Finance, Startups, Venture/Private equity
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