Tag: "startup"

Ukrainian startup raises 1.5 million, works with Google, Microsoft

Ukrainian startup raises 1.5 million, works with Google, Microsoft

Ukrainian tech startup Spinbackup, which makes software to back up online data, has raised $1.5 million from international investors, the company announced on Jan 21. Spinbackup works with big tech names: Google, Microsoft and Amazon. The $1.5-million investment round was led by Polish venture fund bValue. A London-based fund with Russian connections, TMT Investments, also took part in [...]

A Startup with a Ukrainian Co-founder YayPay Raised $8.4 Million

A Ukrainian fintech startup YayPay raised $8.4 million in investment in the series A round. The investors were Information Venture Partners, Birchmere, QED, Fifth Third Capital, Gaingels and 500 Fintech Fund, reports TechCrunch. YayPay is a company that helps businesses optimize financial processes (keeps track of all invoices and their statuses), and also predicts the [...]
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. [...]
A Startup With Ukrainian Roots Bitfury Raised $80 Million. It Is Called a Blockchain-Unicorn

A Startup With Ukrainian Roots Bitfury Raised $80 Million. It Is Called a Blockchain-Unicorn

Founded by the Ukrainian and the Latvian, the mining startup Bitfury attracted a new round of investments. According to the company, the amount of the transaction was $80 million. The value received as part of the transaction was not disclosed, but investors called Bitfury the “European blockchain unicorn”. Prior to this, according to Crunchbase, Bitfury [...]
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 [...]
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 [...]
Open Source Software Startup with Ukrainian Roots Raises $100 million in California, Becomes Unicorn

Open Source Software Startup with Ukrainian Roots Raises $100 million in California, Becomes Unicorn

Last week GitLab, a San Francisco-based open-source software startup founded by Ukrainian entrepreneur Dmitry Zaporozhets, announced the completion of a $100 million Series D round.Led by Iconiq Capital with participation from existing investors GV and Khosla Ventures, the round brought the valuation to “over $1 billion,” and “validated [GitLab’s] position as the world’s first single [...]