Earlier this week Esper Bionics, an innovative prosthesis maker from Ukraine, announced it received an investment from local VC fund SMRK. The amount of the deal was not disclosed, but Esper Bionics CEO Dmitry Gazda told local tech blog AIN.UA it was the first equity round ever raised by the company. Founded in 2018, Esper …
Earlier this week Restream, a video streaming startup with Ukrainian roots but now headquartered in Austin, Texas, closed a $50 million Series A round. Sapphire Ventures and Insight Partners led the round, which was also supported by Moscow-based Iskra Ventures. Restream’s total funding has reached $55 million since the company was founded in 2015, Alex …
Restream secures $50 million from Western and Russian VCs to “democratize live streaming” Read More
Continued growth in Ukraine’s venture capital sector has seen the total value of VC investments reach $1.5 billion this year, according to a recent report in the Kyiv Post. But the sector remains largely disconnected from the wider European tech and startup ecosystem. In order to create a stronger community of founders and investors, Adam Smith Conferences, will be hosting a first-of-its-kind webinar …
The medicine delivery platform Liki24 has just announced the completion of a $5 million round of funding from Horizon Capital, the leading private equity firm in Ukraine and Moldova. The company will use the money to expand to new markets, starting from Poland. Liki24.com is a marketplace aggregating offers from thousands of pharmacies and facilitating …
Drug delivery platform Liki24 raises $5 million round from Horizon Capital Read More
Last week the French company Quadient announced the acquisition of YayPay, a fintech startup with Ukrainian roots. Quadient did not disclose the amount of the deal, but YayPay co-founder Eugene Vyborov told Ukrainian tech blog AIN.UA that this full-cash transaction amounted to more than €17 million. Quadient got a 87% stake in the company while …
French Quadient acquires YayPay, a US-based startups with Ukrainian roots Read More
RedTrack, a Lithuanian adtech company founded by Ukrainian Vlad Zhovtenko, has just raised $500,000. The funding was brought by Iron Wolf Capital, a seed stage VC fund based in Vilnius and London, and Genesis Investments, a Ukrainian VC fund. RedTrack.io has developed has developed an easy-to-use affiliate campaign tracking and analytics platform. Its ad tracker was designed for affiliate marketers and …
Adtech startup RedTrack raises $500,000 from Lithuanian and Ukrainian funds Read More
Earlier this month AB Capital Group, the owner of international affiliate network Admitad, announced an investment of $3 million in cashback service company LetyShops. Founded by Ukrainian entrepreneurs in 2015, LetyShops is now headquartered in Hungary. Its service is available in seven languages, claiming a total of 2400 online shops and 12 million users. It stands as “one of the top cashback providers in [Russian-speaking …
Admitad owner invests $3 million in Ukrainian-founded cashback service Read More
Crunchbase and East-West Digital News are teaming up to cover key tech and venture trends in Eastern Europe. Since January 2019, EWDN chief editor Adrien Henni has offered a regular column to highlight the most notable industry facts and trends as well as promising tech innovations from this region. The last column, covering Q2 2020, reviews the main deals …
Industry review: Eastern European startups seduce Silicon Valley investors Read More
Mobalytics, a California-headquartered startup with Ukrainian roots, raised a $11.25 million Series A round led by Almaz Capital and Cabra VC, two international funds with connections in Eastern Europe. The other investors include HP Tech Ventures, General Catalyst, GGV Capital, RRE Ventures, Axiomatic and T1 Esports. Almaz Capital, Founders Fund, General Catalyst and GGV Capital …
DMarket, a Ukraine-born startup that uses blockchain to “build a user-owned gaming economy,” has just attracted $6.5 million in equity funding. The round was led by Almaz Capital with participation from video game company Xsolla. No details of the deal were disclosed. Now headquartered in California, DMarket has developed a platform that “enables transparent and secure buying, selling, and …
Horizon Capital, a US-registered, Kyiv (Kiev)-based fund manager, announced an investment in Ukrainian perfume and cosmetics online retailer Makeup. Launched in 2009 году, Makeup is now one of the leading online retailers in its field. Its site features more than 200,000 items from more than 2,000 suppliers. It has activities in a dozen of European …
Horizon Capital invests in leading perfume and cosmetics online retailer Makeup Read More
A Kyiv-based venture fund, Genesis Investments, has led a $1.5 million seed funding round for Belarusian startup Vochi. No further details of the transaction were disclosed. Vochi has developed an app for creative video editing, leveraging a “unique computer-vision based technology.” Neural networks are used to enable the addition of effects to individual objects in a video on a mobile device – “in real time and …
Genesis Investments leads $1.5 million seed round for Belarusian startup Vochi Read More
