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While Ukrainian startups demonstrate their resilience, VCs keep investing in CEE

While Ukrainian startups demonstrate their resilience, VCs keep investing in CEE

“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 economic [...]
September 8, 2022 | more

Finnish-Ukrainian Startup PromoRepublic Raises 2M EUR

Finnish-Ukrainian startup PromoRepublic raised 2 million euros, informs its co-founder Max Pecherskyy. Investors are a number of business angels and Finnish Public Fund. It was a late seed round for the startup. By the end of 2019, the company plans to double its size and tap into North America’s market. What does PromoRepublic do? The [...]
June 22, 2019 | more
Tech Firm Ciklum Attracts Investment from Dragon Capital, AVentures Capital

Tech Firm Ciklum Attracts Investment from Dragon Capital, AVentures Capital

Tech firm Ciklum announced on Feb. 4 it had sold minority stakes to two Ukrainian investment companies — Dragon Capital and AVentures Capital. The companies would not disclose the value of the transaction, and as they are private they can opt to keep this information to themselves. But according to Ciklum CEO Michael Boustridge, the [...]
February 14, 2019 | more
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. [...]
November 29, 2018 | more
Ukrainian Startup DreamTeam Raised $5 Million From Mangrove Capital Partners in a Seed-round

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 [...]
November 11, 2018 | more
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 [...]
November 4, 2018 | more
Alex Lutskiy, Founder and CEO of Innovecs, at Ukrainian Week in London

Alex Lutskiy, Founder and CEO of Innovecs, at Ukrainian Week in London

Alex Lutskiy, Founder and CEO of Innovecs, will participate in the panel discussion during Ukrainian Week in London aiming to strengthen the business ties between the UK and Ukraine. The series of events will focus on business, trade, tourism, investment and finance showcasing the key Ukrainian economic players and emerging companies. Ukrainian Week in London is a major initiative launched [...]
October 4, 2018 | more
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