Venture/Private equity - Ukraine Digital News

3DLook raises $6.5 million to assert itself on Western markets

March 22, 2021

Last week 3DLook, a Ukrainian-founded startup offering AI-enhanced mobile body measuring and fit solutions, announced it closed a $6.5 million round to expand its “US leadership team” and “open new R&D centers in the US and Western Europe.” 3DLook claims to have developed “the fastest and most engaging camera-enabled personalized shopping experiences for consumers and …

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Kyiv delivery service OVO raises $150,000 from local investors

March 18, 2021

Earlier this week OVO, a Kyiv-based fruit and vegetable delivery service, received $150,000, a non-negligible amount by local standards. The funding was brought by Ukrainian investment firm TA Ventures and private investor club IClub. Launched during the lockdown in the spring of last year, the startup already generates some $110,000 in monthly turnover, according to …

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Ukraine-founded language tutoring marketplace raises $35 million for “blitzscaling”

March 17, 2021

Last week Preply, an international language learning platform founded by three Ukrainian entrepreneurs, announced the completion of an impressive round of financing. No fewer than 13 investors were involved in this $35 million Series B round, led by Sillicon Valley VCs Full In Partners and Owl Ventures. The other investors are Point Nine Capital (Germany), …

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eSports engagement platform Organization.GG raises $610,000 from US and Ukrainian investors

March 15, 2021

Organization.GG, a Ukrainian marketplace that helps streamers interact with their fans through live gaming experiences, has raised $610,000 in pre-seed funding. The news was reported earlier this month by AIN.UA, based on an exchange with the company’s press service. The investor pool comprises WePlay Esports (an esports media holding company with offices in the USA, …

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Backed by 60 investors, this Ukrainian-founded startup wants to conquer the US banking industry

March 15, 2021

In November 2020 Upswot, an online banking solution provider founded by four Ukrainian entrepreneurs, brilliantly completed a Seed round of funding in the USA. Several institutional investors from this country, together with a plethora of business angels, brought $4.3 million to the startup, just 22 months after its inception. The deal was announced earlier this month by Upswot …

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0100 Virtual CEE: Hundreds of PE/VC professionals to meet online (March 16-18)

March 3, 2021

More than 500 industry professionals, including 300+ investors interested in the CEE region, are expected to participate in the 2nd edition of 0100 Virtual CEE a major PE/VC virtual conference dedicated to the region. The event will take place on 16-18 March 2021. Participants will include senior level General Partners from renowned PE/VC funds and Limited Partners — including pension funds, funds of funds, …

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Ukrainian-founded AirSlate secures $50 million in debt financing

February 26, 2021

Just weeks after closing a $40 million equity funding deal with major US funds, airSlate, a Boston-based publisher of business automation software, announced last week a $50 million debt financing agreement with Silicon Valley bank. In total, the no-code solution provider has raised $130 million in capital to date, the company reported. “In this increasingly …

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Leading low-code platform with Ukrainian roots raises $68 million to fuel global growth

February 26, 2021

Earlier this week Creatio, which has developed an award-winning low-code platform for process management and CRM, announced it raised $68 million in its first ever round of equity funding. The money came from from Volition Capital, a US-based growth equity firm, and Horizon Capital, a Ukrainian private equity firm, which have become minority shareholders . …

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Ukrainian-American startup raises $7.5 million to fight mobile ad fraud

February 17, 2021

Scalarr, a Ukrainian-founded startup that uses machine learning to combat ad fraud, has raised $7.5 million in Series A funding, as reported by TechCrunch. Scalarr’s Series A was led by the EBRD with participation from OTB Ventures, SpeedInvest and TMT Investments. The fresh money will be used to expand the company’s business in Asia and …

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Ukrainian startup ChoiZy uses artificial intelligence for kids’ career guidance

February 11, 2021

ChoiZy, a Ukrainian career guidance platform founded in 2019, uses artificial intelligence to help school kids get a better understanding of what a given profession entails. ChoiZy claims more than 18,000 users registered on its Ukrainian platform, with 428 professions featured. The edtech startup has agreed a pre-seed investment with a Ukrainian business angel. Neither …

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Propertymate raises $1 million to expand on US market

February 5, 2021

In late January, American-Ukrainian proptech startup Propertymate announced the completion of a $1 million seed round led by Pragmatech Ventures, a Ukrainian VC firm and startup studio. Founded in 2018 by Dan Hnatkovskyy and Sofia Vyshnevska, Propertymate is a New York-based startup that helps homebuyers search and compare new residential constructions. The platform aims to …

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Ukrainian-born Augmented Pixels thrives in California with localization and 3D mapping technology

February 2, 2021

Augmented Pixels, a Palo Alto-based, Ukrainian born developer of proprietary simultaneous localization and 3D mapping technologies , closed a $2 million funding round from ICU Ventures and VentureBot. The company says has raised a total of $7 million since 2015. It also announced it “completed the development of indoor navigation, earth-scale 3D mapping, and cloud …

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