Venture/Private equity - Ukraine Digital News

Stock photo marketplace Depositphotos raises $5 million from EBRD and TMT Investments “to challenge market giants”

December 17, 2015

Depositphotos, an international stock photo platform with Ukrainian roots, announces a $5 million funding round led by the European Bank for Reconstruction and Development (EBRD) with the participation of TMT Investments. With this capital injection, the company aims to “become a leader in emerging markets while continuing to challenge the market leaders in Western countries.” The …

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Ukrainian team raises $1.2 million from international investors to launch on US long-term rental market

December 14, 2015

A bevy of individual investors from prestigious funds has invested in Ukrainian startup Rentberry, which is developing an online platform for long-term apartment rentals. The startup, which is still at the prototype stage, has been valued at $3 million, according to its founder. Among the investors are executives from Carlyle Group, Synergo Private Equity, Pegasus …

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Canadian mobile solution provider acquires Ukrainian notification service Jeapie

December 1, 2015

Canadian mobile e-commerce solution provider Mobify has acquired Jeapie, a Ukrainian startup offering an advanced mobile notification service. The amount of the transaction has not been disclosed, but a Jeapie shareholder told Ukraine Digital News it was “a seven-digit number.” In the nearest future, the Jeapie solution will be integrated to Mobify’s cloud-based Entreprise-SaaS platform for e-commerce, Jeapie’s …

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Ukraino-Slovenian printing solution provider secures $1.2 million to launch in US market

November 25, 2015

Tisk na Spletu, a provider of online printing solutions, has secured $1.2 million from Konstantin Puppo, a Ukrainian businessman from the printing industry, and an unnamed American investor. As reported by Ukrainian tech blog AIN.UA, the two investors will receive a 60% stake in Flyer Center, an innovative printing project which Tisk na Spletu intends to launch in …

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Soros fund invests in software engineering company Ciklum to help Ukraine “break from the past”

November 18, 2015

The Ukrainian Redevelopment Fund, a private investment vehicle launched by US businessman and philanthropist George Soros earlier this year, has announced its acquisition of “a significant equity stake” in Ciklum, a major software engineering company operating globally from its main office in Kyiv (Kiev). The Ukrainian Redevelopment Fund is set to acquire the entire stake …

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Ukrainian-Polish startup valued at $5 million in deal with UK fund

November 13, 2015

Prof.Estate, a startup developing real estate solutions with its main office in Kyiv (Kiev), has raised a seed-stage financing round from Forum Capital, a London-based investment banking firm, and other unnamed investors. Although the amount of the transaction has not been disclosed, the startup’s CEO Andrzej Olejnik told Ukrainian tech blog AIN.UA that Prof.Estate has …

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Tech projects from Kyiv Polytechnic Institute attract record funding

October 21, 2015

Last week Kyiv (Kiev) Polytechnic Institute (KPI) hosted the final of Sikorsky Challenge 2015, a contest that attracted innovative projects working in the startup incubator and the science park at the institute. Out of 184 applicants, 34 projects were selected as finalists. Investors showed interest in many of the finalists, announcing their intention to invest $26 million in total in …

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Email marketing service TriggMine secures $300,000, plans to enter US and European markets

October 13, 2015

Last week TriggMine, a Kyiv (Kiev)-based startup which has developed a triggered email marketing solution, raised $300,000 from an undisclosed individual investor. TriggMine’s triggered emails are intended for e-commerce sites to increase conversion, and recover abandoned carts. The company also offers a variety of email templates and real-time analytics to enhance emailing activity.

WannaBiz, Ukraine’s last significant startup incubator, stops activity to focus on venture investment

October 12, 2015

Last month WannaBiz, a startup incubator based in Odesa (Odessa) in southern Ukraine, announced its transformation into a venture fund, setting the goal of raising from $5 million to $10 million from individual investors. “We’re not completely stopping incubation activity, but our main focus will be on investment,” WannaBiz Managing Partner Vadim Rogovsky said in …

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Indian food delivery service Inner Chef secures $1.7 million from Ukrainian, Russian and local investors

October 7, 2015

Inner Chef, an Indian adaptation of the US service Blue Apron, has raised $1.7 million from Kyiv (Kiev), Ukraine-based fund TA Ventures and several business angels. These include Boris Ryabov, managing partner of Russia-based venture fund Bright Capital, as well as Indian entrepreneurs Phanindra Sama, Vijay Shekhar Sharma, Anupam Mittal Vishal Gondal and others.

Yell.ru acquires Ukrainian-Russian startup YouScan

October 7, 2015

Local search and user review service Yell.ru has acquired a controlling stake in Ukraino-Russian startup YouScan by buying the shares of the previous investors, while the founding team retained a minority stake. No further details of the transaction were disclosed. Yell also announced that it will invest $1 million in the company’s further development.

Restaurant booking app Settle completes $1.5 million round, launches in US market

September 25, 2015

Ukrainian startup Settle has completed the round of funding which it initiated earlier this year to commercialize its mobile booking and payment service for restaurants in the US market. The company — which initially hoped to deal with US investors — raised $1.5 million in total from SMRK, a Kyiv (Kiev)-based fund, and Alexander Chernyak, a startup entrepreneur operating in the USA, Russia and …

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