Finance

Belarus-founded startup Peech attracts $550,000 from Ukrainian Flyer One Ventures

In his native Belarus, 30-year-old tech entrepreneur Andrey Poznyak was once a political prisoner. He spent six months behind bars for protesting Belarusian dictator Alexander Lukashenko’s brutal crackdown on civil society following fraudulent elections in 2020.  Poznyak later made his way to Ukraine, along with thousands of fellow techies, and in the fall of 2021 …

Belarus-founded startup Peech attracts $550,000 from Ukrainian Flyer One Ventures Read More

Ukrainian-founded Preply, “the world’s leading brand in live language classes,” raises $50 million

Preply, a Ukrainian-founded online tutoring platform headquartered in Brookline, Massachusetts, has raised $50 million its Series C. The round was led Owl Ventures, a prominent edtech investor based in Silicon Valley, with participation from Preply’s previous investors Diligent Capital (Ukraine), Hoxton Ventures, Educapital, Evli Growth Partners as well as Grupa Pracuj co-founder Przemyslaw Gacek, alongside new …

Ukrainian-founded Preply, “the world’s leading brand in live language classes,” raises $50 million Read More

Ukrainian-founded startup Adwisely backed by diverse pool of investors in Silicon Valley

Adwisely, a startup founded in Ukraine in 2018 — previously known as Retarget App — is making its way in Silicon Valley. Six months after moving its headquarters there, with a team of Ukrainian pros distributed across the world, the company has just announced the completion of a $1.5 million round of funding. London-based TMT …

Ukrainian-founded startup Adwisely backed by diverse pool of investors in Silicon Valley Read More

International VCs and tech companies join force to support Ukrainian startups in funding and business development

International venture funds and tech companies are joining forces and creating the ‘Ukrainian Tech Circle’ to help the Ukrainian IT sector. Ukrainian startups will receive support in financing, finding new customers, and access to a global network of contacts. The initiative is already being supported by ff Venture Capital, Roosh Ventures, Google for Startups and …

International VCs and tech companies join force to support Ukrainian startups in funding and business development Read More

Czech fund Presto Ventures closes €30 million fund to invest in CEE, including Ukraine

Prague-based Presto Ventures has announced the close of its second fund at a magnificent €30 million. Making no bones about it, the princes of Praha are looking to make seed and pre-seed round investments in no less than 40 B2B startups hailing from the CEE region, including the Baltics, Balkans, and yes, Ukraine. Presto’s ticket size can …

Czech fund Presto Ventures closes €30 million fund to invest in CEE, including Ukraine Read More

Yet another Ukrainian-founded unicorn: airSlate raises more than $50 million in the US

Yesterday airSlate (previously known as pdfFiller), a Boston-based business automation software publisher, announced it secured $51.5 million in a deal that values the company at $1.25 billion. The equity round was led by G Squared with participation from the recently created venture arm of entreprise software company UiPath.  “UiPath Ventures invests in companies that impact the world …

Yet another Ukrainian-founded unicorn: airSlate raises more than $50 million in the US Read More

EU sets up €20 million support for Ukrainian startups through European Innovation Council

The European Commission has launched an ambitious €20 million action to support the Ukrainian innovation community. Through a targeted amendment of the 2022 European Innovation Council (EIC) work programme, the new initiative will support at least 200 Ukrainian deep tech start-ups with up to €60,000 each. In addition, the EIC will offer non-financial support, such as business …

EU sets up €20 million support for Ukrainian startups through European Innovation Council Read More

Ukraine’s association agreement to Horizon Europe and Euratom Research and Training Programmes enters into force

Today, the agreement associating Ukraine to Horizon Europe, the EU research and innovation programme (2021-2027) and the Euratom Research and Training Programme (2021-2025) entered into force, following its ratification by Ukraine. The Ukrainian research and innovation actors can now fully participate in these programmes on equal terms with entities from the EU Members States. In view of the ongoing …

Ukraine’s association agreement to Horizon Europe and Euratom Research and Training Programmes enters into force Read More

Ukraine’s “Redevelopment and Recovery Plan” aims to address urgent and long-term needs at no risk for private investors

In late May, the World Economic Forum in Davos played host to a round table on the “restoration of Ukraine.” Among the participants were Alex Bornyakov, Ukraine’s deputy minister of Digital Transformation, and Andrey Kolodyuk, chairman of the supervisory board of the Ukrainian Venture Capital and Private Equity Association (UVCA).  The UVCA presented a “Ukraine …

Ukraine’s “Redevelopment and Recovery Plan” aims to address urgent and long-term needs at no risk for private investors Read More

EBRD and Greencubator resume greentech grant program for Ukrainian companies

In spite of the war, Greencubator, a Ukrainian non-profit for sustainable entrepreneurship, and the EBRD, have restarted their Climate Innovation Vouchers program. It targets innovative SMBs develop or implement technologies that reduce greenhouse gas emissions, increase energy efficiency and prevent climate change.  “The brave actions of the Ukrainian army make it possible to restart activities within the project,” Kateryna Zalievska, Head of …

EBRD and Greencubator resume greentech grant program for Ukrainian companies Read More

12 funds that support Ukrainian startups in wartime

From non profit initiatives (ACLab, Free Ukraine Foundation, Google) to Ukraine-connected venture firms, a variety of funding sources are available for Ukrainian startup entrepreneurs in these difficult times. The online industry portal TechUkraine has listed them.

Report: How Ukraine’s tech companies adapt to war time after breaking records in funding in 2021

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 …

Report: How Ukraine’s tech companies adapt to war time after breaking records in funding in 2021 Read More

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