Tag: "funding"

Ukraine’s Taxpayers to Finance State Startup Fund with $1.8 Million Budget

Ukraine’s Taxpayers to Finance State Startup Fund with $1.8 Million Budget

Ukraine is launching a state fund to finance country’s tech startups. On Nov. 7, Ukraine’s Cabinet of Ministers approved the fund with a budget of Hr 50 million, or $1.8 million. It’s officially called the Innovation Development Fund and also known as the Ukrainian National Startup Fund. Its operations will get under way in 2019. [...]

Ukrainian Startup DreamTeam Raised $5 Million From Mangrove Capital Partners in a Seed-round

Ukrainian startup DreamTeam raised a seed-round from the leading European fund Mangrove Capital Partners. The amount of the deal made $5 million. It is the second investment from this fund, raised by the project. “Seed-round, amounting to $5 million, is a very unusual situation for a Ukrainian startup. As a rule, our projects keep within [...]
Three Ukrainian Startups Totally Raised $1.15 Million From U.Ventures Fund

Three Ukrainian Startups Totally Raised $1.15 Million From U.Ventures Fund

U.Ventures investment fund, founded by Western NIS Enterprise Fund, invested $1.15 million at one stroke in three Ukrainian startups: YouTeam, 3DLook and Pufetto. Representatives of U.Ventures informed the editorial team of AIN.UA about this fact. The investment raised will help startups to develop their products, create new jobs and enter new markets. However, they did [...]