Venture/Private equity

While Ukrainian startups demonstrate their resilience, VCs keep investing in Central and Eastern Europe

“Despite the ongoing conflict in the region, international VCs are more interested than ever in CEE startups,” notes Sifted, an online publication covering the European startup scene. The war has not stopped the surge of investment that the region has seen for the past two years. On the contrary: “while experts have predicted that the …

While Ukrainian startups demonstrate their resilience, VCs keep investing in Central and Eastern Europe Read More

Stuck in Kyiv, Ukrainian co-founder sees his company Unstoppable Domains become a unicorn in Silicon Valley

Last week Unstoppable Domains, a San Francisco-headquartered company incepted four years ago, announced the completion of a $65 million funding round involving 19 investors and bringing its valuation to more than $1 billion.  The new unicorn specializes in “domains secured by blockchains”with such extensions as .crypto, .nft, .x, .wallet, .blockchain, etc. These domains are “more than …

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The Ukrainian venture scene in July 2022

In spite of the war, Ukrainian tech entrepreneurs and investors continue developing their businesses across the world. Here are notable venture events of July 2022, as reported by Ukraine Digital News and other media: US-based, Ukrainian-cofounded Unstoppable Domains was valued at $1 billion as it completed a $65 million funding round involving 19 investors. The new unicorn specializes in …

The Ukrainian venture scene in July 2022 Read More

Belarus-founded startup Peech attracts $550,000 from Ukrainian Flyer One Ventures

In his native Belarus, 30-year-old tech entrepreneur Andrey Poznyak was once a political prisoner. He spent six months behind bars for protesting Belarusian dictator Alexander Lukashenko’s brutal crackdown on civil society following fraudulent elections in 2020.  Poznyak later made his way to Ukraine, along with thousands of fellow techies, and in the fall of 2021 …

Belarus-founded startup Peech attracts $550,000 from Ukrainian Flyer One Ventures Read More

Ukrainian-founded Preply, “the world’s leading brand in live language classes,” raises $50 million

Preply, a Ukrainian-founded online tutoring platform headquartered in Brookline, Massachusetts, has raised $50 million its Series C. The round was led Owl Ventures, a prominent edtech investor based in Silicon Valley, with participation from Preply’s previous investors Diligent Capital (Ukraine), Hoxton Ventures, Educapital, Evli Growth Partners as well as Grupa Pracuj co-founder Przemyslaw Gacek, alongside new …

Ukrainian-founded Preply, “the world’s leading brand in live language classes,” raises $50 million Read More

Ukrainian-founded startup Adwisely backed by diverse pool of investors in Silicon Valley

Adwisely, a startup founded in Ukraine in 2018 — previously known as Retarget App — is making its way in Silicon Valley. Six months after moving its headquarters there, with a team of Ukrainian pros distributed across the world, the company has just announced the completion of a $1.5 million round of funding. London-based TMT …

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International VCs and tech companies join force to support Ukrainian startups in funding and business development

International venture funds and tech companies are joining forces and creating the ‘Ukrainian Tech Circle’ to help the Ukrainian IT sector. Ukrainian startups will receive support in financing, finding new customers, and access to a global network of contacts. The initiative is already being supported by ff Venture Capital, Roosh Ventures, Google for Startups and …

International VCs and tech companies join force to support Ukrainian startups in funding and business development Read More

Czech fund Presto Ventures closes €30 million fund to invest in CEE, including Ukraine

Prague-based Presto Ventures has announced the close of its second fund at a magnificent €30 million. Making no bones about it, the princes of Praha are looking to make seed and pre-seed round investments in no less than 40 B2B startups hailing from the CEE region, including the Baltics, Balkans, and yes, Ukraine. Presto’s ticket size can …

Czech fund Presto Ventures closes €30 million fund to invest in CEE, including Ukraine Read More

Yet another Ukrainian-founded unicorn: airSlate raises more than $50 million in the US

Yesterday airSlate (previously known as pdfFiller), a Boston-based business automation software publisher, announced it secured $51.5 million in a deal that values the company at $1.25 billion. The equity round was led by G Squared with participation from the recently created venture arm of entreprise software company UiPath.  “UiPath Ventures invests in companies that impact the world …

Yet another Ukrainian-founded unicorn: airSlate raises more than $50 million in the US Read More

12 funds that support Ukrainian startups in wartime

From non profit initiatives (ACLab, Free Ukraine Foundation, Google) to Ukraine-connected venture firms, a variety of funding sources are available for Ukrainian startup entrepreneurs in these difficult times. The online industry portal TechUkraine has listed them.

Report: How Ukraine’s tech companies adapt to war time after breaking records in funding in 2021

AVentures Capital, one of Ukraine’s top venture firms, has just released a new edition of its Dealbook of Ukraine. Each year, this publication offers an overview of the deals and trends involving Ukrainian and Ukrainian-founded tech companies. A “record high VC and PE volume” is reported for 2021, with more than $830 million invested in …

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European angel investors have bussed more than 7,500 Ukrainians to safety

Brooks Newmark, an angel investor in the U.K. and former senior partner at Apollo Global Management, was in Kharkiv, Ukraine, yesterday—where he has been trying to evacuate approximately 180 disabled children and their caregivers to safety. “In a quiet garden listening to bombs dropping in the distance,” he told me via email, shortly before our second …

European angel investors have bussed more than 7,500 Ukrainians to safety Read More

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