Venture/Private equity

Two Ukrainian startups join TechStars in Boston, with Kwambio obtaining $650,000

Two Ukrainian startups, Kwambio and GVMachines, have entered the 3-month-long summer program at the TechStars accelerator in Boston, joining a class that includes 12 teams from various countries. Ukrainian tech blog AIN.UA has learned that Kwambio has also obtained $650,000 from TechStars and business angels. The amount of investment for GVMachines has not been reported.

Ukrainian smart home-security startup raises $1 million from local fund SMRK

After falling by nearly half last year, is the Ukrainian venture market showing some signs of recovery? Just weeks after Clickky, a mobile-marketing app service headquartered in Odessa, raised $2 million, here comes Ajax Systems, maker of smart devices for home security, announcing that they have raised $1 million from SMRK. This injection of capital …

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Russia’s iTech Capital invests $2 million in Ukrainian mobile marketing startup Clickky

Moscow-based venture fund iTech Capital announced today it has invested $2 million in Clickky. Operating globally from its headquarters in Odessa, Ukraine, Clickky has developed a comprehensive mobile app marketing platform with in-house proprietary technology for user acquisition, traffic monetization and performance analysis. The investment will support Clickky’s expansion into the United States, South-East Asia and …

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New Ukrainian fund BeValue invests in Coppertino

Coppertino, a Los Angeles-based startup with Ukrainian origins, has received an undisclosed amount from BeValue, a venture fund which appeared earlier this year in the Ukrainian startup scene. Tech publication AIN.UA reports from unnamed sources that the transaction amounted to up to $200,000. Founded in 2011 by Petro Bondarevskyi and Ivan Ablamskyi, Coppertino has maintained its …

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Game studio Nravo has picked up $200,000 in funding from Ukrainian investment firm Digital Future

Nravo, a game studio based in Lviv (Lvov) in western Ukraine, has obtained $200,000 from investment company Digital Future, reports Ukrainian tech blog AIN.UA. The funding will be directed towards the development and marketing of new games that Nravo is creating. According to the terms of the deal, Digital Future will not receive equity in Nravo, but …

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Petcube raises $1.1 million to let owners interact with pets remotely

Pets that stay home alone too much can get depressed or out of shape due to a lack of interaction with humans. But a startup called Petcube Inc. has raised $1.1 million in seed funding to keep pets happy and healthy with hardware and apps, the company announced. AVentures Capital and Almaz Capital co-led the seed investment in the San …

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Smart emailing solution Traqli inks deals with major digital publishers and raises seed-stage round

Newzmate, a startup that develops emailing solutions for digital publishers, has just attracted a $300,000 investment from Polish VC firm Xevin Investments and Dutch angel investor Bas Godska for their smart emailing solution. Newzmate main product, christened ‘Traqli,’ helps digital publishers create and deliver news digests based on readers’ individual preferences and interests. Based on …

Smart emailing solution Traqli inks deals with major digital publishers and raises seed-stage round Read More

Baltic investors may invest millions of US dollars in Ukrainian startups

Ukrainian tech blog AIN.UA reported last week that Openroad Capital, which represents a group of Baltic investors, intends to invest in 10 Ukrainian startups. Openroad Capital is ready to invest from $25,000 to $500,000 in each project, depending on the project’s stage of development, and intends to focus on startups with global ambitions. Eugene Vlasov, …

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Kiev Startup Week: The place to be for tech entrepreneurs and investors from Ukraine and beyond

Next month startup entrepreneurs and investors from Ukraine and beyond will gather at the Kiev Startup Week (April 14-19), a series of events held in the Ukrainian capital. One of them is iForum, a key conference on the Eastern European IT scene with more than 5,000 of Internet entrepreneurs and business people attending each year. Entrepreneurs …

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Russian fund Life.Sreda cancels investment in Ukrainian startup Settle

Life.Sreda, which looked just a few months ago as one of the most successful Russian  funds, is now seeking buyers for the greater part of its portfolio companies, Russian business daily Vedomosti reported last week. The fund also cancelled its investment in Advice Wallet, a Kyiv (Kiev)-based startup which develops mobile payment service Settle. In July last year, Life.Sreda committed itself to …

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