Venture/Private equity

Finnish-Ukrainian startup Madberry secures $1 million from SMRK and Viewster

Madberry, a startup offering advanced advertising solutions for game companies, has raised $1 million from Ukrainian investment fund SMRK and Swedish company Viewster, a global video-on-demand service. Madberry’s aims to “help mobile game advertisers in acquisition and retention of loyal and paying users on a performance basis.” Its approach combines in-game behaviour patterns knowledge with …

Finnish-Ukrainian startup Madberry secures $1 million from SMRK and Viewster Read More

Report: Ukraine’s venture market resumes growth; local startups targeted by global tech giants

Ukraine Digital News and AVentures Capital released today the 2016 edition of “The Deal Book of Ukraine” – an in-depth report on the emerging Ukrainian venture and startup industry. Made available in English, this 120-page study features more than 180 deals that were made public or identified in 2014 and 2015. Among the most spectacular …

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Russian mobile photo app Prisma leads App Store ranking in Ukraine

An art filter app launched by a Russian programmer, Alexey Moiseenkov, is leading Apple’s App Store ranking in Ukraine – as well as in Russia, Estonia, Kazakhstan, Latvia, Moldova and Uzbekistan – ahead of Whatsapp, VK, Instagram, Youtube, Skype and other traditional leaders. In a totally unexpected surge, the app has been number one in Ukraine everyday …

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Social commerce startup Wishround takes part in joint program with online retailer ASOS and British accelerator Wayra

Wishround, a Ukrainian startup which has developed an advanced social commerce solution, became resident of the British acceleration program Wayra, managed by telecom-operator Telefonica. The startup will receive £34,000 under the condition of convertible note, an office in London for eight months, mentoring, and access to investors, reports Ukrainian tech blog AIN.UA.

Private equity for national security: US government fund to invest up to $62 million in Ukraine’s modernization

Earlier this month the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, announced support for eight new development projects totaling nearly $1.2 billion in OPIC financing. Ukraine is among the countries concerned by these private sector-led development projects, along with Sub-Saharan Africa, the Middle East, and South America, in a variety of sectors.

Denis Dovgopoliy: “Outsourcing is the base upon which a number of strong startups will emerge in Ukraine”

The history of startup infrastructure in Ukraine is one of highs and lows. The last few years have seen a few accelerators come and go, with others significantly reducing their operations. However, despite all the crises of the last decade, some of the major players have managed to stick around and show the way to …

Denis Dovgopoliy: “Outsourcing is the base upon which a number of strong startups will emerge in Ukraine” Read More

Ukrainian agritech startup with global goals secures $150,000

1991 Open Data Incubator, Ukraine’s first incubator for Open Data projects launched in early 2016, closed its first deal last month, with business angel Alexey Svirid committing to invest $150,000 in Agry Eye (or ‘Agri Eye’). The funding will be provided in several tranches. The startup has been valued at $1 million post money, according to Ukrainian tech …

Ukrainian agritech startup with global goals secures $150,000 Read More

Online tutoring platform Preply raises $1.3 million to expand across Europe

Preply, a platform to find foreign language tutors for home or Skype lessons, has closed a $1.3 million seed round to fund its expansion across Europe and further R&D activities. The round was led by Mariusz Gralewski and the Hedgehog fund, from Poland, with support from former Booking.com CMO Arthur Kosten and Przemysław Gacek, another Polish business angel. …

Online tutoring platform Preply raises $1.3 million to expand across Europe Read More

American-Ukrainian startup People.ai secures funding from Silicon Valley stars

Launched by serial entrepreneur Oleg Roginskyy, People.ai helps sales person benchmark their skills, track their improvement and receive personalized advice to become “sales rockstars.” In addition, the technology can match the right candidates to the right companies, “making hiring easier, faster, and more objective than ever before,” according to the startup. “The idea sprouted from …

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Ukrainian e-commerce company Topmall raises $500,000 and develops activities in Poland

The Ukrainain Internet store Topmall.ua has raised half a million US dollars and spent a part of the funding to relaunch Polish e-commerce site Merlin.pl, which shut down in late 2015. The round of financing, which took place in February, has just been revealed by Ukrainian tech blog AIN.UA. Neither the terms of the deal nor even the …

Ukrainian e-commerce company Topmall raises $500,000 and develops activities in Poland Read More

TA Ventures founding partner Viktoriya Tigipko: “The quality of Ukrainian startups has been improving”

Despite its political woes, Ukraine is country of technology talent with a plethora of startups going through local and global acceleration programs and receiving support from investors. One of Ukraine’s largest institutional venture funds, TA Ventures, has been around for some six years, and is active on both local and international markets. “We focus on startups with …

TA Ventures founding partner Viktoriya Tigipko: “The quality of Ukrainian startups has been improving” Read More

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