AVentures Capital, one of Ukraine’s top venture firms, has just released a new edition of its Dealbook of Ukraine. Each year, this publication offers an overview of the deals and trends involving Ukrainian and Ukrainian-founded tech companies. A “record high VC and PE volume” is reported for 2021, with more than $830 million invested in …
Will Russia take control of Ukraine after a quick military victory? Will it be a long-lasting war of guerrilla? Could an escalation involve neighboring countries and western powers? The outcome of the Russian military attack on Ukraine that began on Thursday, Feb. 24, is unpredictable. But just hours after the invasion, the impact on the …
Ukrainian creative content provider Depositphotos announced today its acquisition by VistaPrint, a global leader in custom-printed products for SMEs. This is a full acquisition, paid in cash at a value of $85 million, the Depositphotos press service told Ukraine Digital News. VistaPrint is buying the Depositphotos group with its various entities, including Depositphotos, Lightfield, Bird In Flight and WAS, as …
VistaPrint acquires Ukrainian Depositphotos for $85 million Read More
A figure of the Ukrainian tech and venture scene, Oleksii (Alexey) Vitchenko, has launched and funded an online mental health support platform in the USA. Founded in early 2021, Calmerry has set for itself the mission of “making therapy affordable and accessible to anyone.” Subscription plans start from just $42 a week, allowing people with …
Ukrainian entrepreneur launches mental health support platform in the USA Read More
In November 2020 Upswot, an online banking solution provider founded by four Ukrainian entrepreneurs, brilliantly completed a Seed round of funding in the USA. Several institutional investors from this country, together with a plethora of business angels, brought $4.3 million to the startup, just 22 months after its inception. The deal was announced earlier this month by Upswot …
Last week the Ukrainian media reported the launch of Pragmatech Ventures, a venture capital firm and startup studio that aims to “build fast-growing B2B SaaS and marketplace companies.” Other target segments include proptech, biotech and HR tech. The firm is headed by Yevhen Sergeev, a former Microsoft engineer who says he co-founded “two nine-digit dollar …
In 2019, the VC/PE funding volume for Ukrainian and Ukrainian-founded tech startups reached $544 million (up from $323 million in 2018 and $265 million in 2017), says AVentures Capital’s latest industry report, “DealBook of Ukraine.” Annual early-stage funding for Ukraine-born tech companies The performance was mostly due to a few large rounds involving companies with Ukrainian roots having …
Report: Ukraine-born startups raised more than half a billion USD in 2019 Read More
Snap Inc. has acquired AI Factory, a startup with Ukrainian roots that develops image and video technologies. In an exchange with Ukraine Digital News, Snap’s press service confirmed the deal, which was initially reported by Ukrainian tech blog AIN.UA. Snap declined to provide any further details, but AIN.UA heard from “a source familiar with the matter” that AI Factory …
Snapchat acquires AI Factory, a deepfake image and video startup with Ukrainian roots Read More
Following a presidential decree signed in July, the newly-formed Ministry of Digital Transformation has launched an ambitious plan to make all public services available online in a mere few years. A unified e-government portal, christened ‘Diia,’ is scheduled for launch in February 2020 with a first set of online services. The project — formally headed …
Ukrainian administration aims to move online to “become a service, not a scary monster” Read More
Should he still be alive, Shakespeare might be happy to learn that a startup whose only purpose is to help people write English correctly has been valued at more than $1 billion. Such is the case of Grammarly, a San Francisco-based startup with Ukrainian roots, which has just secured $90 million in a round led …
BlaBlaCar, the carpooling giant born in France, intends to acquire Busfor, a major international bus ticketing platform born in Ukraine. The news was reported today by Russian business daily Kommersant, which cites exchanges with BlaBlaCar’s CEO Nicolas Bruisson and Busfor co-founder Ilya Yekushevsky. The deal, which is still subject to regulatory approval, could be completed in Q4 …
BlaBlaCar to acquire Ukrainian-born bus ticketing platform Busfor Read More
Just seven months after a previous $30 million Series B, People.ai, a San Francisco-based startup with Ukrainian roots, announced earlier this week it raised twice as much from prestigious Silicon Valley investors. The Series C funding was led by led by ICONIQ Capital with participation by Andreessen Horowitz, Lightspeed Venture Partners, GGV Capital and Y Combinator. ICONIQ …
American-Ukrainian startup People.ai raises $60 million from top Silicon Valley funds Read More
