In mid-January, the Ukrainian Startup Fund (USF) announced the 20th edition of its Pitch Day winners. The jury selected five startups among 11 applying teams. Each of the winners received a $25,000 pre-seed investment. The winners winners were: OSBB Online, a comprehensive solution for the apartment buildings management and the comfortable life of their residents; …
Crunchbase and East-West Digital News — the publisher of UADN.NET — are teaming up to cover key tech and venture trends from Russia and other countries of the former Soviet Union. The latest column, by EWDN chief editor Adrien Henni, highlights the most notable industry facts and trends of the past year. These include, in particular: The strong appeal …
Seven years after its creation by Ukrainian entrepreneurs Evgeniy Shestopal (CEO) and Ignat Tkhorovskiy (CTO), Poptop is making its way on the UK market. The entertainment booking service provider has just raised £440,000 from existing investors, DSW Ventures and NorthStar Ventures, as reported by UK Tech News. Poptop intends to use the funding to grow …
airSlate (formerly known as pdfFiller), a Boston-based publisher of business automation software, has closed a $40 million Series B round from three major US funds — General Catalyst, HighSage Ventures and Morgan Stanley Expansion Capital. The terms of the deal were not disclosed. Touting itself as a “no-code innovation leader,” airSlate says it gives teams “the …
In late 2020 Quarter Partners, an established Ukrainian investment group, launched the venture firm ‘QPDigital‘ to invest up to $100 million in digital startups. This is a considerable amount by Ukrainian standards, placing the new VC firm among the top Ukrainian tech investors. The group presents its initiative as a contribution “to the development of the Ukrainian …
New Ukrainian VC firm QPDigital aims to invest up to $100 million in digital startups Read More
On December 29 Ciklum, a major software engineering company operating globally from its main office in Kyiv, announced a “significant strategic investment” from Recognize Partners, an American global technology investment firm. The details of the transaction were not disclosed. Recognize’s co-founder Francisco D’Souza and partners Rajeev Mehta and Josh Miller joined Ciklum’s board of directors. …
In late December the Ukrainian venture fund Genesis Investments invested $500,000 in a US mobile subscription startup with Ukrainian roots called Adapty. US accelerator 500 Startups and Russian-connected fund AdFirst.VC also took part in the round. The proceeds will be used to improve Adapty’s A/B testing features for paywalls and unit-economics, and to increase the …
Ukrainian-founded startup Adapty raises $500,000 from Genesis Investments and 500 Startups Read More
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 …
Genesis Investments is backing IntellectoKids, a Russian-founded edtech startup, for the second time in one year. The Ukrainian tech investment company, which put $1 million in the startup in late 2019, is now contributing an undisclosed amount to its Series A round. Other participants in this round include Allrise Capital (Silicon Valley), Vershina Capital (Moscow) and Quonota …
Genesis Investments backs Russian-founded edtech startup in Series A round Read More
Andreessen Horowitz, a top Silicon Valley venture firm, has led a $5.5 million seed round for Ukrainian deep tech entertainment startup Reface. Other participants in the deal include prominent angel investors across the gaming, music, film/content creation and tech industries, TechCrunch reports. Reface has developed a technology for face-swapping, allowing users to turn their selfies into realistic famous video clips …
Ukrainian deepfake startup RefaceAI raises $5.5 million from top Silicon Valley investors Read More
Ukrainian pharmaceutical major Farmak Group has announced investments in two Ukrainian MedTech startups, Bicovery and ComeBack Mobility, as part of the Sector X acceleration program. Bicovery defines itself as “an ecosystem with web and mobile applications, which helps a person with bipolar disorder.” Relatives and doctors receive “more complete information about the dynamics of the …
Medtech on the rise: Ukrainian pharma major to invest in two local startups Read More
