Narrative BI, a software startup headquartered in San Francisco, has raised $1.2 million in a pre-seed funding round from a consortium of Eastern European investors. These include, in particular, Adventures Lab and Digital Future, two Ukrainian VC firms; Joint Journey, a Cyprus-registered vehicle of top Russian business angel Sergey Dashkov; and Elysium Venture Capital, a …
This year, for the first time, Ukrainian had its booth at Web Summit. This huge tech conference took place in an offline format for the first time this year since before the pandemic. The Ukrainian pavilion turned out to be “a huge success,” according to its organizers. Some 15,000 people visited it, which accounts from …
Ukraine’s first pavilion at Web Summit attracts 15,000 visitors in three days Read More
A figure of the Ukrainian tech and venture scene, Oleksii (Alexey) Vitchenko, has launched and funded an online mental health support platform in the USA. Founded in early 2021, Calmerry has set for itself the mission of “making therapy affordable and accessible to anyone.” Subscription plans start from just $42 a week, allowing people with …
Ukrainian entrepreneur launches mental health support platform in the USA Read More
Last week the Ukrainian media reported the launch of Pragmatech Ventures, a venture capital firm and startup studio that aims to “build fast-growing B2B SaaS and marketplace companies.” Other target segments include proptech, biotech and HR tech. The firm is headed by Yevhen Sergeev, a former Microsoft engineer who says he co-founded “two nine-digit dollar …
Sixa, an American startup with Ukrainian founders, has disappeared from all radars, raising suspicious about the reality of its business. After injecting millions of US dollars in the venture, investors now doubt that any team or products have remained of this startup. As reported by Telegram channel Russian Venture, Sixa founders stopped contacting its investors, citing German Kaplun of TMT Investments. In mid-2016, this London-based fund with Russian connections invested $300,000 in Sixa at …
Ukrainian-founded startup vanishes after raising millions from top international investors Read More
Ukrainian tech investor Oleksii Vitchenko has acquired Translate.com, a US-based publisher of enterprise translation solutions. Among the company’s products are such ones as ‘Website Localizer,’ which lets you “localize your entire website within minutes;” ‘GoGlobal API,’ which allows external applications “to order human translations for text content” in multiple languages; ‘Translate Zendesk App,’ which “automatically translates support …
Ukrainian investor buys Translate.com from US media and Internet company Read More
Kirill Mazur, managing partner at Imperious Group, a venture capital company operating in the US, Israel and Eastern Europe, has recently released the second edition of his personal list of the most active supporters of Ukraine’s startup ecosystem in 2017. The listing includes 199 venture investors, tech entrepreneurs, event organizers and journalists (up from 110 last …
International tech investor lists 199 top Ukrainian industry figures Read More
At the end of each year AIN.UA, the leading Ukrainian tech blog, offers its ranking of the country’s most successful startups. The ranking, based on a survey among local business angels and venture investors, features projects which were created or pivoted, over the past three years. Although they were created by Ukrainian teams, some of …
Last week Sixa, a San Francisco-based startup which has developed developed a “personal computer in the cloud,” closed a $3.5 million round of seed funding. According to the company’s press service, the round was led by Californian fund Tandem Capital with participation from Ukrainian funds Digital Future and Horizon Capital, Gagarin Capital, a fund with Russian roots, as well as Social Capital, …
PromoRepublic, a Finnish startup with Ukrainian roots, has just secured €400,000 from a pool of investors from the two countries. These include Finnish business angels Sampo Parkkinen and Pekka Koskinen, startup accelerator and fund Vendep and government agency Tekes, as well as Ukrainian fund Digital Future. An initial €100,000 capital injection from Pekka Koskinen, Vendep …
Content marketing startup PromoRepublic secures €400,000 and launches in the US market Read More
In late June Digital Future, which has asserted itself over the past two years as one of the most active venture investors in Ukraine, announced investment deals with two US-Ukrainian startups. The first one, KitApps, Inc.. (known as Attendify), received $1.9 million in total from Digital Future and TMT Investments, an LSE-listed fund with Russian backers.
Last week eight Ukrainian startups were distinguished in the 8th edition of the Ukrainian Startup Rating, a ranking presented by prominent industry figure Denis Dovgopoliy at the iForum conference in Kyiv (Kiev). The ranking was open to IT startups with a Ukrainian founder or team member with less than three years of existence and an annual turnover not exceeding $1 million.
