Eatsmart, a web and mobile service for reserving tables at restaurants throughout Ukraine, secured $110,000 last month from a business angel. Neither the identity of the investor, nor the terms of the deal have been disclosed. The funds will be directed towards a marketing campaign, as well as hiring sales managers. Eatsmart was launched in …
Restaurant-booking service Eatsmart raises $110,000 in angel investment Read More
While the concept of fulfilling online orders by bike was introduced in New York City by Amazon and Uber only within recent months, it already has early practitioners in Ukraine. Founded in November 2014 by entrepreneurs Daniel Tonkopiy and Sergey Danylenko, DelFast delivers goods weighing up to 7kg by electric bicycles for online retailers and …
Ukrainian entrepreneurs secure $250,000 to develop e-commerce delivery by bike Read More
Coursmos, an online learning startup with Russian and Ukrainian origins, has received $600,000 in seed investment in a deal led by Altera Capital Group with participation from Imperious Group. Coursmos has now raised a total of $1.2 million in investment since its launch in March 2014. An alum of Kyiv (Kyiv)-based tech incubator Happy Farm, the startup is now headquartered …
Russo-Ukrainian e-learning platform Coursmos raises $600,000 Read More
On the fast-changing Ukrainian high tech scene, one fund, Fison, is conducting a pioneering experiment to drive savers’ money to IT startups. It claims that more than 1,000 individual investors have contributed $2 million in total so far in exchange for an equity stake. Launched in 2013 by Dmitry Tomchuk and Dmitry Vishnyov, two entrepreneurs …
Fison, Ukraine’s first crowdfunded venture fund, ready to back foreign startups Read More
Leading Ukrainian tech blog AIN.UA has just announced its yearly ranking of the most influential individuals in the local Internet scene. The final list was determined by a committee of experts, comprised of 33 representatives of various sectors of the online community. In order to compile the rating, the experts were asked to name the five …
Who’s who in the Ukrainian Internet scene: Tech blog AIN ranks most influential people Read More
AVentures Capital, a major Ukrainian investment fund, and Ukraine Digital News, today released “The Deal Book of Ukraine” – the first-ever report on the Ukrainian venture and startup industry. Made available in English, this 120-page study features more than 250 deals that have been made public or identified since 2012 and involved more than one thousand startups. Also …
Odessa-based Kaznachey (Russian for “Treasurer”) has developed a cloud-based processing platform for Internet sites and mobile applications which allows users to purchase goods and services with any legal currency (bank cards, through self-service terminals, or by credit) as well as through sellers to be paid by account or by card. The startup has obtained $50,000 …
Polish incubator Next.Step invests $50,000 in Ukrainian startup Treasurer Read More
Last month, Ukrainian startup QROK, which has developed a mobile app for navigation within buildings and malls, received a capital injection of half a million US dollars from an unnamed Estonian investment company. “The investor will launch its activities officially across the CIS in a few weeks, and it might be a big surprise for …
Business angel practice — a term that covers a variety of individual situations and approaches — has grown slowly but noticeably over the past few years in Ukraine. Not only did the political tumult of this year not stop this development, 2014 even saw the creation of a dedicated association, UAngel, along with that of UVCA, which gathers venture capitalists. UAngel chairman Natalia …
How business angel practice is emerging in Ukraine Read More
Launched in 2010 in Russia, Imperious Group began investing in Ukrainian startups last year. Regardless of the political tumult, the fund’s interest in this market was maintained this year to such an extent that has it has become one of the most active funds in Ukraine with more than $3 million invested so far. This …
The European Bank for Reconstruction and Development plans to launch a fund with a volume of $50 million-$60 million early in 2015 to invest in Ukrainian high-tech companies, according to EBRD director for Ukraine Sevki Acuner. As reported by Interfax.ua, the volume of the fund is expected to be around $50 million-$60 million. The structure …
EBRD considers launching tech fund of up to $60 million for Ukrainian companies Read More
In California, Ukrainian developers have launched the startup JetMe, a service which allows users to reserve and pay for flights on private jets to any point around the globe. One of the startup’s founders is Yuriy Romanyukha, an associate for Russia-based fund Imperious Group. Almost immediately after the project launched, JetMe obtained $400,000 in funding …
