ABM Cloud, a Ukrainian-Russian developer of cloud-based business solutions, has raised a $640,000 Series A round from a newly-founded Ukrainian VC firm QPDigital. The news was reported to AIN.UA, based on an exchange with QPDigital’s press service. The fresh funding will be used to develop further the product and support international expansion. Founded in 2013 …
ABM Cloud raises $640,000 from new Ukrainian VC firm Read More
On December 21 Very Good Security (VGS) a San Francisco startup with substantial activity in Ukraine, raised $60 million in a funding round led by Vertex Ventures US, one of the company’s earliest investors. Other existing investors, including Goldman Sachs (GS Growth) and Andreessen Horowitz (a16z), also took part in this Series C round, Fortune …
Ukrainian IT outsourcing company S-PRO has raised funding from SARS Capital, an international investment banking firm specializing in financial consulting in Eastern Europe. The amount of the transaction, which was reported by Ukrainian tech blog AIN.UA, remains undisclosed. S-PRO is an award-winning Ukrainian full-cycle software development company, incorporated in 2014. It specializes in digital solutions …
Last week, Power Now, the first power bank rental service in Ukraine, raised $500,000 from local business angels and entrepreneurs, Ukrainian tech blog AIN.UA reported. Anna Osipenko, who founded startup, remains its primary investor. Power Now offers the opportunity to rent smartphone chargers from an exchange station and return it after charging. The cost ranges …
Ukrainian startup raises $500,000 to rent smartphone chargers across the country Read More
Last week US game publisher TinyBuild announced a $3 million investment in Hologryph, a Ukrainian game studio known for the game Secret Neighbor. Hologryph’s valuation was not disclosed, but VentureBeat reported that the deal will give TinyBuild a majority stake in the company. Hologryph studio is based in Lviv, Western Ukraine, and has 11 employees …
US game publisher takes control of Ukrainian studio Hologryph Read More
Ukrainian marketing agency Fedoriv Group has invested in fruit and vegetable delivery service OVO. Neither the amount nor the terms of the investment, which was reported by the local media in late October, were disclosed. OVO expects Fedoriv Group to help them develop a new brand style and launch a large-scale advertising campaign. Fedoriv Group …
Last month Ukrainian VC firm TA Ventures and its associated private investor club ICLUB took part in a €10.5 million Series B funding round for Bipi, a fast-growing car-as-a-service startup headquartered in Madrid. The round was led by Adevinta Ventures, with participation from Toyota AI Ventures, Atresmedia, Maniv Mobility and IDC Ventures. TA Ventures invested …
TA Ventures and ICLUB invest in Spanish mobility startup Bipi Read More
The current inflow of IT professionals from Belarus could bring some $120 million of foreign currency to Ukraine each year, based on the estimate that 1,200 such people have moved to Ukraine since the beginning of the unrest in belarus in August. According to Ilya Neskhodovsky, who heads the Institute for Socio-Economic Transformation, each IT …
Earlier this month the Ukrainian venture firm Genesis Investments announced a $150,000 investment in a US online media about technology and startups called Hacker Noon. The capital injection came as part of a $350,000 round from the Greater Colorado Venture Fund, which valued the company at $11.5 million. Genesis previously invested in startups founded or …
The Ukrainian tech holding Techiia has announced plans to build a large “ecotechnopark” in Nova Kakhovka, a city of 46,000 inhabitants located in the Kherson region, southern Ukraine. At the core of the tech park, which will cover 90 hectares of land, will be a robust data center with a capacity of 500 megawatts. This …
Techiia plans to build $1 billion “ecotechnopark” in Southern Ukraine Read More
On October 2, the Ukrainian Ministry of Digital Transformation and Microsoft Corporation announced the signature of a memorandum of understanding on the potential implementation of the Azure Expansion Program in Ukraine. Such a program would pave the way to the creation of “hyperscale cloud” services as a contribution to the country’s digital transformation. Microsoft’s solutions …
Microsoft considers investing $500 million in Ukrainian cloud market Read More
On October 4 President Volodymyr Zelensky signed a decree to facilitate the relocation of Belarusian IT professionals to Ukraine, following the example of several countries of the region. These measures target Belarusian IT programmers and entrepreneurs as well as their families. Starting from now, the maximum duration of their stay in Ukraine without a visa …
Ukraine simplifies procedures to attract Belarusian IT specialists Read More
