The DealBook is our annual overview of the Ukrainian tech investment industry. This edition comprehensively covers the full year 2023 and the first deals of 2022.
The DealBook is our annual overview of the Ukrainian tech investment industry. This edition comprehensively covers the full year 2021 and the first deals of 2022
Kreston Ukraine, together with Ukrainian Venture Capital and Private Equity Association (UVCA), AVentures, and ISE Corporate Accelerator, is pleased to present the results of the annual Ukraine Deal Review 2021, also covering 3 months of 2022.
In 2021, Ukrainian startups attracted venture capital investments worth USD 779.6 million, 46% more than in 2020. Like in a previous period, Ukrainian Startup Fund (USF) accounted for about half of the deals (47%). Investments attributed to private equity reached 82.8 million USD, and these are only agreements with the disclosed amount.
In 2021, six new players joined the Ukrainian venture capital market. GEEK Ventures, SID Venture Partners, ZAS Ventures, ANCHOR, and PAWA offer Ukrainian startups financing of around USD 0.5 million, along with their experience and expertise. World-renowned companies also did not ignore Ukraine last year: 19 of them opened their R&D centers, offices, and engineering hubs in Ukraine.
In the first quarter of 2022, the development of private technology investment markets did not halt despite the large-scale Russian aggression. In January–March 2022, 11 venture capital deals of USD 11.5 mln, 3 private equity deals of USD 4 mln, and 8 exits of USD 135 mln already took place. International companies went on establishing new R&D centers and offices in Ukraine. In addition, global technology companies, EU countries, and Ukrainian IT communities have offered Ukrainian startups several support programs.
For the first time investments in Ukrainian startups and IT companies have reached a half-billion mark in a year. Such data was presented by Ukrainian Venture Capital and Private Equity Association (UVCA) in its annual market overview in partnership with Deloitte.
The total volume of venture investments into Ukrainian IT companies has reached $510M, which is one and a half times more than the maximum of 2018. The number of deals in 2019 was almost the same as in 2018: 111 deals compared to 115 in 2018.
In 2019, the volume of M&A transactions increased by 18 times. 15 M&A deals have totaled $460M while in 2018 there were 7 transactions worth $25.2M.
The increase of Angel Investments by 7 times in 2019 has been shown in the amount of $6.1M compared to $0.9M in 2018.
2019 was marked by 29 exits of Ukrainian investors, with the average transaction check growing by 78% to $5.7M. Software companies have been leading in the number of deals and their volume, moving the “online service” sector to second place. The volume of TOP-10 transactions has almost doubled to $456M. By geography, 90% of the attracted investments were inflow from the USA.
The amount of VC investments over the last 8 years grew to $1.5 billion.
We can expect the companies mentioned in the report to attract larger investments in the near future.
If you represent VC or PE fund, Angel Investor and have an interest in the market, contact us at ceo@uvca.eu.
Deal Book: Ukrainian Venture Capital and Private Equity Overview 2022-2023Mind UA
This research covers the period from the beginning of 2022 to the end of the Q1/2023 – five quarters during which Ukraine was engulfed in the flames of war.
The study was conducted by the Ukrainian Venture Capital and Private Equity Association (UVCA) and business media Mind.ua.
Yet, despite predictions, the Ukrainian venture market has shown remarkable resilience and self-renewal capacity in conditions we have never faced before.
The trend is illustrated by the number of investments, which has reached nearly 200 deals. Moreover, their number has almost doubled, if compared with 2021 – the last pre-war year.
The total investment in projects with Ukrainian roots during the war year exceeded $880 million, but the lion’s share consisted of investments in the top five start-ups. This trend has persisted for several years in a row.
The Ukrainian ecosystem has already produced 7 unicorns. However, we see similar potential in another 50 companies. Over 20 years, we have built a very large ecosystem, which gives potential for growing unicorns. And therefore, it’s worth investing in funds focused on Ukraine. 17 funds with a total volume of $1.4 billion have already been fundraising intensively.
The DealBook is our annual overview of the Ukrainian tech investment industry. This edition comprehensively covers the full year 2021 and the first deals of 2022
Kreston Ukraine, together with Ukrainian Venture Capital and Private Equity Association (UVCA), AVentures, and ISE Corporate Accelerator, is pleased to present the results of the annual Ukraine Deal Review 2021, also covering 3 months of 2022.
In 2021, Ukrainian startups attracted venture capital investments worth USD 779.6 million, 46% more than in 2020. Like in a previous period, Ukrainian Startup Fund (USF) accounted for about half of the deals (47%). Investments attributed to private equity reached 82.8 million USD, and these are only agreements with the disclosed amount.
In 2021, six new players joined the Ukrainian venture capital market. GEEK Ventures, SID Venture Partners, ZAS Ventures, ANCHOR, and PAWA offer Ukrainian startups financing of around USD 0.5 million, along with their experience and expertise. World-renowned companies also did not ignore Ukraine last year: 19 of them opened their R&D centers, offices, and engineering hubs in Ukraine.
In the first quarter of 2022, the development of private technology investment markets did not halt despite the large-scale Russian aggression. In January–March 2022, 11 venture capital deals of USD 11.5 mln, 3 private equity deals of USD 4 mln, and 8 exits of USD 135 mln already took place. International companies went on establishing new R&D centers and offices in Ukraine. In addition, global technology companies, EU countries, and Ukrainian IT communities have offered Ukrainian startups several support programs.
For the first time investments in Ukrainian startups and IT companies have reached a half-billion mark in a year. Such data was presented by Ukrainian Venture Capital and Private Equity Association (UVCA) in its annual market overview in partnership with Deloitte.
The total volume of venture investments into Ukrainian IT companies has reached $510M, which is one and a half times more than the maximum of 2018. The number of deals in 2019 was almost the same as in 2018: 111 deals compared to 115 in 2018.
In 2019, the volume of M&A transactions increased by 18 times. 15 M&A deals have totaled $460M while in 2018 there were 7 transactions worth $25.2M.
The increase of Angel Investments by 7 times in 2019 has been shown in the amount of $6.1M compared to $0.9M in 2018.
2019 was marked by 29 exits of Ukrainian investors, with the average transaction check growing by 78% to $5.7M. Software companies have been leading in the number of deals and their volume, moving the “online service” sector to second place. The volume of TOP-10 transactions has almost doubled to $456M. By geography, 90% of the attracted investments were inflow from the USA.
The amount of VC investments over the last 8 years grew to $1.5 billion.
We can expect the companies mentioned in the report to attract larger investments in the near future.
If you represent VC or PE fund, Angel Investor and have an interest in the market, contact us at ceo@uvca.eu.
Deal Book: Ukrainian Venture Capital and Private Equity Overview 2022-2023Mind UA
This research covers the period from the beginning of 2022 to the end of the Q1/2023 – five quarters during which Ukraine was engulfed in the flames of war.
The study was conducted by the Ukrainian Venture Capital and Private Equity Association (UVCA) and business media Mind.ua.
Yet, despite predictions, the Ukrainian venture market has shown remarkable resilience and self-renewal capacity in conditions we have never faced before.
The trend is illustrated by the number of investments, which has reached nearly 200 deals. Moreover, their number has almost doubled, if compared with 2021 – the last pre-war year.
The total investment in projects with Ukrainian roots during the war year exceeded $880 million, but the lion’s share consisted of investments in the top five start-ups. This trend has persisted for several years in a row.
The Ukrainian ecosystem has already produced 7 unicorns. However, we see similar potential in another 50 companies. Over 20 years, we have built a very large ecosystem, which gives potential for growing unicorns. And therefore, it’s worth investing in funds focused on Ukraine. 17 funds with a total volume of $1.4 billion have already been fundraising intensively.
The Ukrainian Venture Capital and Private Equity Association (UVCA) and the audit and consulting company Kreston Ukraine present the “Ukraine venture capital and private equity markets 2020” annual review, which also includes data for 8 months of 2021.
According to the results of 2020, Ukrainian technology companies and their investors closed 188 deals with investors worth USD 533.5 million. About 50% of the deals are small grants (25 and 50 thousand USD) from the Ukrainian Startup Fund. For 2020—2021, it has invested USD 5.3 million in Ukrainian projects.
Just three years ago, Ukraine did not have a single unicorn among its startups. Nowadays, as many as five of them — Gitlab, Grammarly, Bitfury, People.ai, and Ring — raised USD 1.3 bln funding and dominate the global market.
In this review, we analysed the key market trends, such as “investment focus on software projects”, “increase of foreign investors in the Ukrainian market”, “growing quality of Ukrainian startups and their interest in smart money” for the first time. The key drivers and barriers to market development were identified — the respondents noted that despite the imperfect regulatory framework, the country still has enough private capital to promote the sector.
Generally, all market players are unanimous in their outlooks and are quite optimistic about further market development. According to 81% venture and 67% private equity investors surveyed, all quantitative indicators are likely to grow, and high-tech industries traditionally represent the most promising ones.
Ukrainian investors primarily point to the experience and qualification of the team (according to 94% venture and 17% private equity investors surveyed) and the market potential of the business idea (according to 82% venture and 83% private equity investors surveyed), among the key factors for investment decisions. On the other hand, when choosing an investor, startups consider their industry expertise, investment terms, and ‘smart money’ they can get.
The study results show that Ukrainian companies offer attractive, relevant, and globally competitive solutions and demonstrate sustainability and adaptability in COVID-19. Ukraine is gradually transforming from a talent and idea exporter into a big international venture capital market player.
Investors Book 2021 - catalog for investors and startups that will allow them to connect in a reliable, efficient way to make ‘perfect match’.
The Investors Book 2021 was created by the Ukrainian Venture Capital and Private Equity Association (UVCA) supported by the USAID through its Competitive Economy Program in Ukraine (USAID CEP) and the Ministry of Digital Transformation of Ukraine.
Investors Book is the first overview that has gathered Ukrainian investment market players displaying their current activity, spheres of interest, portfolio. According to the book, there are 33 active funds operating in Ukraine, 5 of those are incubators and accelerators, 1 corporate fund, 19 venture capital funds, 8 private equity funds.
Vol. 2 updated in July 2017.
EY India Attractiveness Survey 2015 – Reasons to Invest in India & Key Factor...EY
With leading 32% of the investors ranking India as the most attractive market this year, India has emerged as No. 1 FDI destination in the world during the first half of 2015. Download the India Attractive Survey to know more.
Ukraine Dealbook IT and Internet Market 2012-14Yevgen Sysoyev
The comprehensive overview of venture market in Ukraine and all tech deals in 2012-14, overview of key trends, players and Ukrainian venture ecosystem
Subscribe to @YevgenSysoyev to receive updates
Downloadable version is here:
http://www.ewdn.com/files/ua_dealbook.pdf
Key findings:
https://prezi.com/y_gg35xswhcr/the-deal-book-of-ukraine/
IBOR transition: Opportunities and challenges for the asset management industryEY
EY Wealth & Asset Management explores the practical implications and the way forward for the transition to the new risk-free rates. This presentation aims to help asset managers and asset owners explore IBOR transition strategies that are compliant and future-focused.
EY's European Banking Barometer – 2015 identifies the views of 226 senior European bankers across 11 markets regarding their views of the macro-economic outlook and the impact they think it will have on the banking industry in 2015.
For further information visit: www.ey.com/ebb
The SaaS sector is undergoing a ‘reset’: on the public side, revenue multiples went down from 17x a year ago to 6x today. On the private side, funding is down 42% in Q3 with similar trends observed in the US and Europe. What does this mean for European and Israeli SaaS companies? In this presentation, we will dive deeper into:
- How should founders think about their company valuation?
- Are public markets overcorrected?
- How are the public market dynamics impacting the private funding market?
- Will we see a flurry of down round for the 120+ Cloud Unicorns created in Europe and Israel over the past few years?
- Which top 100 companies have been selected for the 2022 Accel Euroscape?
Tech Adoption and Strategy for Innovation & Growthaccenture
Accenture presents the benefits of investing in technology at scale by discussing the importance of tech adoption and strategy through case studies. View more.
Due diligence (аудит) стартапов. Мастер-класс Евгения СысоеваYevgen Sysoyev
На мастер-классе Евгений будет подробно освещать следующие вопросы:
- Due diligence: что стоит за этими пугающими словами?
- Взгляд инвестора: зачем, что и как проверять?
- Готовность проекта к проекту: что и как готовить?
- Due diligence наоборот, или стартап проверяет инвестора.
The 2016 Strategic Hospital Priorities Study examines the current direction of the industry and, in particular, how Medtech companies can capitalize on the many needs of hospital administrators.
While the healthcare market has steadily evolved since L.E.K. Consulting issued its first hospital study in 2010, many of the same trends remain in place — among them consolidation, non-acute care integration, accountability, technology enhancements and novel pricing schemes.
This Executive Insights addresses a number of key topics, including:
Hospital administrator’s chief priorities
Most valuable medtech services
Focus on IT spending
Outlook for outsourcing
A step-by-step overview of a typical cybersecurity attack—and how companies c...McKinsey & Company
A typical cybersecurity breach has a predictable pattern of incident and response. Here's a step-by-step overview of what would happen in a typical attack—not just to prove the effectiveness of the company’s security capabilities but also to familiarize individuals with potential threats so they might recognize them when they encounter deviations from the norm.
This infographic is from the related article, "Hit or myth? Understanding the true costs and impact of cybersecurity programs," on McKinsey.com:
http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/hit-or-myth-understanding-the-true-costs-and-impact-of-cybersecurity-programs
The Ukrainian Venture Capital and Private Equity Association (UVCA) and the audit and consulting company Kreston Ukraine present the “Ukraine venture capital and private equity markets 2020” annual review, which also includes data for 8 months of 2021.
According to the results of 2020, Ukrainian technology companies and their investors closed 188 deals with investors worth USD 533.5 million. About 50% of the deals are small grants (25 and 50 thousand USD) from the Ukrainian Startup Fund. For 2020—2021, it has invested USD 5.3 million in Ukrainian projects.
Just three years ago, Ukraine did not have a single unicorn among its startups. Nowadays, as many as five of them — Gitlab, Grammarly, Bitfury, People.ai, and Ring — raised USD 1.3 bln funding and dominate the global market.
In this review, we analysed the key market trends, such as “investment focus on software projects”, “increase of foreign investors in the Ukrainian market”, “growing quality of Ukrainian startups and their interest in smart money” for the first time. The key drivers and barriers to market development were identified — the respondents noted that despite the imperfect regulatory framework, the country still has enough private capital to promote the sector.
Generally, all market players are unanimous in their outlooks and are quite optimistic about further market development. According to 81% venture and 67% private equity investors surveyed, all quantitative indicators are likely to grow, and high-tech industries traditionally represent the most promising ones.
Ukrainian investors primarily point to the experience and qualification of the team (according to 94% venture and 17% private equity investors surveyed) and the market potential of the business idea (according to 82% venture and 83% private equity investors surveyed), among the key factors for investment decisions. On the other hand, when choosing an investor, startups consider their industry expertise, investment terms, and ‘smart money’ they can get.
The study results show that Ukrainian companies offer attractive, relevant, and globally competitive solutions and demonstrate sustainability and adaptability in COVID-19. Ukraine is gradually transforming from a talent and idea exporter into a big international venture capital market player.
Investors Book 2021 - catalog for investors and startups that will allow them to connect in a reliable, efficient way to make ‘perfect match’.
The Investors Book 2021 was created by the Ukrainian Venture Capital and Private Equity Association (UVCA) supported by the USAID through its Competitive Economy Program in Ukraine (USAID CEP) and the Ministry of Digital Transformation of Ukraine.
Investors Book is the first overview that has gathered Ukrainian investment market players displaying their current activity, spheres of interest, portfolio. According to the book, there are 33 active funds operating in Ukraine, 5 of those are incubators and accelerators, 1 corporate fund, 19 venture capital funds, 8 private equity funds.
Vol. 2 updated in July 2017.
EY India Attractiveness Survey 2015 – Reasons to Invest in India & Key Factor...EY
With leading 32% of the investors ranking India as the most attractive market this year, India has emerged as No. 1 FDI destination in the world during the first half of 2015. Download the India Attractive Survey to know more.
Ukraine Dealbook IT and Internet Market 2012-14Yevgen Sysoyev
The comprehensive overview of venture market in Ukraine and all tech deals in 2012-14, overview of key trends, players and Ukrainian venture ecosystem
Subscribe to @YevgenSysoyev to receive updates
Downloadable version is here:
http://www.ewdn.com/files/ua_dealbook.pdf
Key findings:
https://prezi.com/y_gg35xswhcr/the-deal-book-of-ukraine/
IBOR transition: Opportunities and challenges for the asset management industryEY
EY Wealth & Asset Management explores the practical implications and the way forward for the transition to the new risk-free rates. This presentation aims to help asset managers and asset owners explore IBOR transition strategies that are compliant and future-focused.
EY's European Banking Barometer – 2015 identifies the views of 226 senior European bankers across 11 markets regarding their views of the macro-economic outlook and the impact they think it will have on the banking industry in 2015.
For further information visit: www.ey.com/ebb
The SaaS sector is undergoing a ‘reset’: on the public side, revenue multiples went down from 17x a year ago to 6x today. On the private side, funding is down 42% in Q3 with similar trends observed in the US and Europe. What does this mean for European and Israeli SaaS companies? In this presentation, we will dive deeper into:
- How should founders think about their company valuation?
- Are public markets overcorrected?
- How are the public market dynamics impacting the private funding market?
- Will we see a flurry of down round for the 120+ Cloud Unicorns created in Europe and Israel over the past few years?
- Which top 100 companies have been selected for the 2022 Accel Euroscape?
Tech Adoption and Strategy for Innovation & Growthaccenture
Accenture presents the benefits of investing in technology at scale by discussing the importance of tech adoption and strategy through case studies. View more.
Due diligence (аудит) стартапов. Мастер-класс Евгения СысоеваYevgen Sysoyev
На мастер-классе Евгений будет подробно освещать следующие вопросы:
- Due diligence: что стоит за этими пугающими словами?
- Взгляд инвестора: зачем, что и как проверять?
- Готовность проекта к проекту: что и как готовить?
- Due diligence наоборот, или стартап проверяет инвестора.
The 2016 Strategic Hospital Priorities Study examines the current direction of the industry and, in particular, how Medtech companies can capitalize on the many needs of hospital administrators.
While the healthcare market has steadily evolved since L.E.K. Consulting issued its first hospital study in 2010, many of the same trends remain in place — among them consolidation, non-acute care integration, accountability, technology enhancements and novel pricing schemes.
This Executive Insights addresses a number of key topics, including:
Hospital administrator’s chief priorities
Most valuable medtech services
Focus on IT spending
Outlook for outsourcing
A step-by-step overview of a typical cybersecurity attack—and how companies c...McKinsey & Company
A typical cybersecurity breach has a predictable pattern of incident and response. Here's a step-by-step overview of what would happen in a typical attack—not just to prove the effectiveness of the company’s security capabilities but also to familiarize individuals with potential threats so they might recognize them when they encounter deviations from the norm.
This infographic is from the related article, "Hit or myth? Understanding the true costs and impact of cybersecurity programs," on McKinsey.com:
http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/hit-or-myth-understanding-the-true-costs-and-impact-of-cybersecurity-programs
Tech Ecosystem of Ukraine 2019. Insights, facts, companies you wanted to knowKirill Mazur
Ukraine's tech ecosystem is booming.
Last 5 years have become history-changing for Ukraine. With its 185 000 tech specialists, a few thousand startups, first unicorns, first innovation district and 20% average annual tech workforce growth, Ukraine is facing a prominent creative revolution in many areas.
In 2019, UNIT.City team together with partners has launched the guide about key things you should know about innovations in Ukraine.
White Star Capital Canadian Venture Capital Landscape 2019White Star Capital
In this third edition of our report, we aim to reiterate our enthusiasm for the Canadian Tech and Venture Capital ecosystem as well as touch upon a few new topics.
In addition to sharing our excitement about Canada and expressing our belief that the ecosystem is stronger than ever, we examine larger round dynamics, the continuation of the VCCI program, the rise of narwhals, and funding activity by state and region. We have also explored one of Canada's key strengths: its diversity and increased immigration influx. Finally, we end with an updated deep dive on VCs and other investors.
Finch Capital issued its annual State of European fintech report for 2020. The report covers a range of topics impacting the fintech industry: where we are today; the impact of CV-19; the M&A conundrum; and trends the Finch Capital team anticipates will shape FinTech in 2021. This follows an analytical report published in April of this year titled ‘FinTech: The Future Post CV-19’.
The Mergers and Acquisitions market in China report by daxue consultingDaxue Consulting
What are the drivers and barriers to Chinese M&A after COVID-19? Where can we expect opportunities and consolidations in 2020 and 2021? Which sectors are currently hot for M&A in China? Daxue consulting announced the 2nd release of the China M&A market report with a deep dive in the retail, consumer, high-tech, material, automotive and fashion sectors.
This is a comprehensive analysis of the IT sector in Ukraine. It is an integrated guide for perspective investors who are exploring opportunities in Ukraine. The report includes key figures characterizing the market, as well as information about the ongoing projects. This report also contains the list of forthcoming reforms and policy development needed to boost Ukrainian IT. The report was prepared by the Office of the National Investment Council of Ukraine and presented at the Council meeting in Kyiv, on May 25, 2018
We invest in Ukraine!
Ukrainian IT SECTOR AS OF late 2014
VENTURE ECOSYSTEM AS OF late 2014
VENTURE MARKET: key highlights
$2B+ WORTH STARTUPS
Success stories FROM UKRAINE
10 NEW investors started investing in Ukrainian startups in 2014
The investment potential of growth capital and the digital economyAxon Partners Group
Growth capital is becoming a key area of investment, especially in the digital media sector. Axon Partners Group investigates its potential for high returns in comparisons to areas like Venture Capital and real estate, and highlights case studies that have hit the headlines in recent years.
Fintech - Investing Platforms: Company Presentation by Andrew Kaye, President & CIO of OurCrowd at the NOAH Conference 2018 in London, Old Billingsgate 30-31 October 2018.
As Bessemer officially launches its presence in London, Alex Ferrara and Dhruv Jain are releasing this report to reaffirm that Silicon Valley doesn’t have a monopoly on innovation and entrepreneurship is a borderless endeavor. In this report, they share the signals giving us confidence in Europe as a new technology leader, the macro trends driving the rise of the European cloud ecosystem, and the predictions we believe will be a driving force for our investments. To read the full report go to: https://www.bvp.com/atlas/the-rise-of-cloud-in-europe
For optimized reading: http://www.uadn.net/files/ua_hightech.pdf
A comprehensive 250-page review of software R&D and IT outsourcing activities in Ukraine, the country with the largest number of software engineers in CEE. http://www.uadn.net/files/ua_hightech.pdf
Presentation by Yevgen Sysoyev at U.S. Ukraine Business Forum in Washington D.C. on 13 July 2015. Overview of Ukrainian software tech sector and its role in the global tech ecosystem
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014Yevgen Sysoyev
2014 Developments in Ukrainian IT sector, overview of venture capital market in Ukraine. Announce of Dealbook Ukraine. By Yevgen Sysoyev, managing partner of AVentures Capital @ IDCEE2014
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
1. DealBook of Ukraine
2022 edition
Covering tech investment deals in Ukraine since 2014
Growth continues despite Russian invasion
2. Intro
AVentures Capital presents
The DealBook of Ukraine, 2023 edition
The DealBook is our annual overview of the
Ukrainian tech investment industry. This edition
comprehensively covers the full year 2022 and the
deals of 4M 2023
Fight a war with Russia and continue to grow the
tech industry internationally? Ukrainian leaders said
yes to both questions and surprised the world
We would like to cordially thank all the market
participants who contributed their insights to the
report & the international community
that #StandsWithUkraine
DealBook of Ukraine
Previous editions
Other reports on Ukrainian tech
Our joint reports with industry partners
NEW
2
3. 3
AVentures Capital
Founded in 2012, we are a leading tech
investment firm with an investment fund
and M&A advisory arm focused on global
companies that leverage R&D in Ukraine
and CEE
With over a dozen companies in its
portfolio, AVentures Capital backs
talented entrepreneurs from Ukraine and
CEE to fuel their global expansion in the
US and EU markets
Director
yuliya@aventurescapital.com
Yuliya Sychikova
Co-founder & managing partner
ys@aventurescapital.com
Yevgen Sysoyev
Business Analyst
tetyana.torchylo@aventurescapital.
com
Tetyana Torchylo
Authors of the report
3
4. 4
AVentures Capital investment banking
arm
IB & M&A Advisory for tech companies in
Central Eastern Europe
Professional, client-tailored investment banking services for
the tech industry:
• Investment Banking
• M&A strategy development & implementation
• Buy-side advisory
• Sell-side advisory
4
5. Buy-side advisor to URF fund
on acquisition of significant
minority stake
US$ 5m investment
from
Sole advisor to Jooble
on sale of significant
minority stake to
M&A buy-side advisor
to Ciklum on M&A
strategy and roll-on
acquisitions in CEE,
LatAm, US
Buy-side advisor to UAtech
fund on acquisition of
majority stake
Minority investment into
a leading pharma
vertical software
development company
2018
100+ targets
pipeline built
Sell-side co-advisor to Daxx
during the sale to Grid
Dynamics
Co-Adviser
US$ 68m Capital Raise
Majority stake sale to
a Polish software
development
company
(ex IT Kontrakt)
Exited
Acquisition by
Portfolio company of
Exited
Minority investment
in a leading IT
outsourcing company
2019
Exited
The Ukrainian
Redevelopment Fund
Sell-side advisors Buy-side advisors Investments
AVentures track record: selected deals
Minority investment
in a leading IT
outsourcing company
2019
Exited
Minority investment
in a leading IT
outsourcing company
2019
Exited
Minority investment
in a leading IT
outsourcing company
2019
Exited
Minority investment
in a leading IT
outsourcing company
2019
Exited
Acquired by
2021
Exited
All-in-One SaaS Data
Protection Platform
for mission-critical
Apps
2017
Acquired for
US$ 85m
by
2021
Exited
Global medical tourism
marketplace
2017
Global leader in
connected pets
2015
Buy-side advisor to
Horizon Capital on
fundraising of
US$ 425m round for
airSlate
5
6. Inaccuracies and updates
Even though we have done our best to provide accurate and complete information, we recognize the limits of such industry reporting. We will be pleased
to receive any corrections, notices of inaccuracies or information on deals we may have missed
New and updated data will be included in the next publication, improving the level of detail and the quality of the report
Please submit corrections, updates and/or suggestions to tetyana.torchylo@aventurescapital.com. Our thanks in advance for your assistance, which will
make the next DealBook a better resource for the investment community
Copyright policy
The content of this report and its summaries are protected by copyright. Individuals and organizations can, without prior authorization and free of
charge, copy and publish without limitation short extracts in the form of quotes
This report must be clearly indicated as the source with a link to SlideShare or Google Drive page of the report. To copy and republish large extracts, or
the full report, or for other editorial cooperation opportunities, please contact Tetyana Torchylo at tetyana.torchylo@aventurescapital.com
Distribution opportunities
To inquire about the distribution of this report, please contact us at tetyana.torchylo@aventurescapital.com
Disclaimer
6
7. Growing tech industry
with a decline in new
investments
Annual investment volume
US$ m
Source: public data
42
146
80
265
323
542
571
832
218
2014 2015 2016 2017 2018 2019 2020 2021 2022
Grants
Growth and Secondary
Series D
Series C
Series B
Series A
Seed
In 2022, the total VC and PE investment volume in
Ukrainian tech companies fell by 74% since last year
The decline in investments is partially explained by the
global economic slowdown. Both the US and the EU have
seen a 20-30% slowdown in their own VC investment
volumes between 2021-2022
The largest drop in Ukrainian investment volume was in
Growth and Secondary deals, which usually constitute the
majority of the deal volume. Without it, 2022 has brought
more new investments than any other year besides 2021
Most Ukrainian tech companies being global or US
market-oriented and capital efficient, continued to grow in
revenue after a 74% decline in new investments. Hence,
overall, 2022 was a good year of growth
7
8. US$
218m
US$
571m
US$
832m
4 Ukrainian companies raised 62% of all
funding volume in 2022
5
5
%
5
8
%
6
2
%
2020
2021
2022
Airslate (Document Workflow)
In July 2022, the company raised US$
51.5m from G Squared and UiPath
Ventures. Airslate’s valuation reached
US$ 1.25b, placing the company
among unicorns
Preply (EdTech marketplace)
The company raised US$ 50m in a
Series C round led by Owl Ventures.
The total volume of investments in
Preply reached US$ 100m
Spin.ai (cybersecurity)
In August 2022, Spin.ai closed a
Series A round for US$ 16m from
Blueprint Equity, Blu Ventures, and
Santa Barbara Venture Partners
Fintech Farm (Neobanks)
In 2022 and early 2023, Fintech
Farm raised US$ 22m from
Nordstar, Chrome Capital, and
others. Last year Fintech Farm also
closed a Seed round of US$ 7.4m,
bringing the total volume to almost
US$ 30m
8
9. 9
Preply is an online language learning marketplace that connects students to
tutors of over 50 languages
The company was launched in Ukraine in 2013 by 3 entrepreneurs and
immediately started scaling through the CEE region. Later the company shifted
towards the US, Western Europe, and South Africa.
Now the company is based in Kyiv and Barcelona and employs almost 500 people
In July 2022, Preply closed the latest Series C round for US$ 50m. Led by Owl
Ventures, the round brought up the total amount of Preply’s investment to over
US$ 100m
“In the U.S. – its single largest market – it has seen the
number of new customers double week over week.”
“Ukrainian startup Preply beats the geopolitical odds
with $50M to grow its language learning platform”
Key numbers and awards
Used by
40,000 tutors
Tutoring in
50 languages
Users from
120 countries
30% of revenue
comes from US
9
10. 10
International funds continue to provide majority of
early-stage financing
40
31 35
70
49 44
161
242
89
2014 2015 2016 2017 2018 2019 2020 2021 2022
Seed & Grants Series A
1. Despite the war the early-stage investment in
Ukrainian companies remains higher than
average
Source: public data
Annual early-stage funding, US$ m
89%
Series A
2022
Seed & Grants
2. Foreign capital
prevalence
66%
2020
2021
Seed & Grants
Share of foreign
capital invested
77%
Series A
46%
Seed & Grants
94%
Series A
51%
Seed & Grants
Ukrainian investors most actively participate
in early-stage rounds of up to US$ 1m in Seed
and up to US$ 7m in Series A
With more capital to commit, foreign investors
remain active in Series A and later rounds
• In 2022, the most active Ukrainian Seed
funds were Flyer One Ventures, SID
Venture Partners, Geek Ventures and
hypra
• New early-stage VC funds, like Burner,
Vesna.Capital, hypra, and hi5 ventures
continue to emerge
• Horizon new $250M fund was raised in
2023, and it would be the largest ever
tech fund dedicated to Ukraine, mostly
for Series B-C stages
3. Startups have access to
abundant early-stage funding
Foreign Ukrainian
10
11. 11
Exits as a sign of maturing product ecosystem
Target Acquirer Sector Target bio
DMarket
Mythical
Games
Virtual
marketplace
Cross-chain marketplace to trade NFTs and
virtual items
Augmented
Pixels*
Qualcomm
(NASDAQ:
QCOM)
Computer Vision
Proprietary simultaneous localization and
mapping technology (SLAM SDK) for robots and
flying drones
Homsters Ringier
Property
marketplace
Automated solutions for marketing and sale of
new property developments
NewOldStamp
Blackpearl
Group
Email Marketing Email signatures marketing platform
Resp.App redis Software
Easy-to-use GUI to access Redis databases and
perform basic bulk operations
Globally-successful Ukrainian product companies continue to attract the interest of strategic players, international buy-out funds,
and through exit, generate returns for backers
DMarket became the largest known exit of 2022. During the last financing round in 2020, the company was valued at US$ 28m.
Now, two years later, the valuation of the company is estimated to be over US$50m
*Note: Augmented Pixels were acquired in the period between 2021 and 2022 11
12. 12
2021
2018
Raised US$ 100m in Series D round
from Iconiq Capital and others
Total valuation: >US$ 1.1b
2022
Raised US$51.5m in Series B round
from G Squared and others
Total valuation: >US$ 1.25b
Ukrainian unicorns…
Raised US$ 107m in Series D
funding from Akkadian Ventures,
Mubadala Ventures and others
Total valuation: US$ 1.1b
Raised US$ 200m in a round led
by Baillie Gifford and BlackRock
Total valuation: >US$ 13b
2019
BitFury’s unicorn status was confirmed
during US$ 80m financing from
Korelya Capital in 2018
Total valuation: >US$ 2b
Publicly disclosed valuation of >US$ 1b …
12
13. 13
Global Digital Solutions
Company
…and unicorns to be
Product Companies
Software development companies
Manufacturer of security
systems for homes
No-code platform to
automate workflows and
CRM
Co-founding company that
builds global tech businesses
with CEE entrepreneurs
Online language
learning marketplace
that connects
students to tutors of
over 50 languages
Multi-streaming solution to
distribute and monetize the
live video content
Global Digital Solutions
Company
The companies with US$0.2-1b+ valuation, but publicly undisclosed
13
14. 14
Ukrainian market
champions going abroad
Poland
Bulgaria
Israel
Kazakhstan
Romania
UK
Czechia
Greece
Italy
USA
Countries with presence of MakeUp, Rozetka and monobank
(selected)
#1 e-commerce platform in
Ukraine with 34m visits per
month
#1 neobank in Ukraine with
over 6m users in Ukraine
and Poland
Uzbekistan
#1 cosmetics online retailer
with over 340m users in 29
countries
Sped up by the war, local
winners of e-commerce and
neobank niches expand to
Europe and Asia with the goal
of winning new market
geographies outside of Ukraine
14
15. Fund landscape: most active investors
Seed – Series A Growth stage
Local
Foreign
Global competition for best deals
• Ukrainian startups typically target
global market, set up a US or EU
legal entity/office, and hence are
fundable by international funds
• Most local funds support Ukraine-
born startups through early-stage
capital raise
• An increasing number of
international funds invest across all
stages: from offering world class
acceleration programs to leading in
growth rounds of Ukrainian startups
• The most active local seed fund in
2021-2022: Flyer One Ventures
• The largest local fund: Horizon
Capital which raised over $250M in
a new fund in 2023
15
16. 16
Defense-tech: selected
players
Source: DOU
Builder unmanned aerial vehicles since 2019. In
Dec. 2022 two models received exploitation
permissions from AFU
Developer of ultra-lightweight launch
vehicle
Developer of reusable airstrike drone
with the lowest cost of mission
Developer of anti-drone guns and drone
detection technology
Developer of unmanned robotic systems.
Also modernizes vehicles into unmanned
ground robotic systems
Developer of “Strata 22,” a military
training simulation systems for aviation
and tanks
Developer of Electronic signals
intelligence solutions for the security,
defense and law enforcement agencies
of Ukraine
Developer of produces high-tech unmanned
aerial vehicles since 2012
Producer of unmanned aerial vehicles
(RALLUS & CICONIA) and supporting
software since 2014
Developer of unmanned ground vehicles
and robotic systems
Producer of fixed-wing and multirotor
drones at the affordable price
Developer of a software system
“Kropyva,” which is used by about 90% of
artillerymen
Developer of netcentric and robotic
military capabilities for the security and
defense forces
Developer of unmanned aviation
systems since 2013. One of the models is
already used on the battlefield
16
22. Product tech export oriented
Ukrainian companies
Tech holding with fast-
growing products
operating in developed
and emerging markets
AI-powered spell-check
SaaS company
Document
management SaaS
Multifunctional
cryptocurrency
exchange
Leader in Connected
Pets IoT market
segment
Cloud CRM for sales,
marketing and service
automation
Security and cleaning
software for Mac
Private language
tutoring platform
Payment and content
distribution platform for
digital goods
Developer of iOS
productivity apps
Mobile app for face
swap in videos and
memes
Mac software
development
company
Global provider of
secure business
collaboration software
AI platform for enterprise
sales, marketing, and
customer success
On-demand dine-in
technology platform
Full-service bitcoin
and blockchain
technology company
Second most visited
job aggregator in the
world
Distribution solution for
the live video content
Smart security
systems manufacturer
Mobile based anti-
fraud solution
22
Neobanks in
emerging markets
23. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
AirSlate 51.5 G Squared, UiPath Ventures VC Series B A no-code business automation platform
Preply 50.0
Owl Ventures, Diligent Capital, Hoxton Ventures,
Educapital, Evli Growth Partners, Grupa Pracuj,
Swisscom Ventures, Orbit Capital
VC Series C Language learning app and e-learning platform
Fintech Farm 22.0 Nordstar, Chrome Capital, and others VC Series B Neobanks in emerging markets
Spin Technology 16.0
Blueprint Equity, Santa Barbara Venture Partners,
Blu Venture Investors
VC Series A
AI-Powered SaaS Data Protection platform that monitors
and back up G Suite, Microsoft 365, and Salesforce data
TurnKey Lender 10.0 OTB Ventures VC Series A
Global fintech B2B Software-as-a-Service (SaaS)
company specializing in AI-powered lending automation
solutions
Utorg 5.0 VC Dragonfly, TA Ventures, Hypra VC Seed
FinTech company that offers а modern fiat to crypto
exchange infrastructure
Jentis 3.4 Pragmatech Ventures VC Seed Web tracking and data privacy platform
Jarvi Games 3.0 Play Ventures, Velo Partners, The Games Fund VC Seed Game development studio
Everlend 2.6
GSR, Serum Foundation, Everstake Capital, Portico
VC
VC Seed
Decentralised, meta lending protocol with inbuilt money
market
Fairo 2.3 Raiffeisen Bank International Strategic Seed
Fairo is an app that offers invoicing, tax reporting, and
accounting services.
Funding deals of 2022
23
24. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
PromoRepublic 2.3
NetSolid, Flyer One Ventures, Innovestor, Netsolid,
Diligent Capital, Steve Johnson, ex CRO Hootsuite,
Ari Korhonen, Andreas Mihalovits, Kirill Bigai
VC Series A Social media content automation solution for SMEs
Della AI 2.0 Pragmatech Ventures VC Seed Contract review platform powered by AI
Yope (Salo) 2.0
hi5 Ventures, Horizon Capital, TA Ventures, iClub,
Kolos Ventures, Geek Ventures, Vesna.Capital
VC Seed Communication Application
YouScan 2.0 Kinnevik & VNV Global AB VC Series A
AI-powered social media listening and image recognition
platform
Choice QR 1.7 Presto Ventures, Seedcamp VC Seed
SaaS service for DINE IN experience, take away and
own delivery.
Zibra AI 1.5 SID Venture Partners, Gismart, Angels VC Seed
AI-generated 3D assets and visual effects for virtual
worlds and experiences
Fuelfinance 1.0 Undisclosed VC Seed Cloud-based financial department
Remo (Noffice) 1 Fedoriv, others Angel Angel Provider of high-tech working spaces
GoSolo 0.9 Maksym Lytvyn, Oleksii Shevchenko Angel Angel
Digital Banking and Financial Toolkit enabling
entrepreneurs to start and manage their business
Peech 0.6 Flyer One Ventures VC Pre-seed Text-to-speech app
Funding deals of 2022
24
25. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
EvaСodes 0.5 Hypra VC Pre-seed
Developer of blockchain products and Web3 solutions for
startups
Party.Space 0.5
Seed Club Ventures Robert Zawiasa, NiMA Asghari,
Yurii Monastyrshyn
Angel Angel Virtual party platform
TRANSENIX 0.5 N1 VC Seed
An innovative system for accepting payments in the
trading network
V-Art 0.4 Geek Ventures VC Pre-seed Platform for displaying, selling and collecting digital art,
datuum.ai 0.3 SID Venture Partners VC Seed
AI-driven autopilot for data integration and
management
Mindist 0.3
SID Venture Partners, Alexander Khuda, Ivan
Altsybieiev, Philip Jungen and other
VC Pre-Seed
Audio meditation recording app for mindfulness
teachers.
Liki24 0.3 SID Venture Partners VC Seed
E-commerce platform that provides medicine delivery
services.
Electronic KYC 0.3 Czysta3.VC VC Pre-seed
Identity verification and onboarding process for
customers
Wombats Corp 0.3 Atlassian Ventures VC Pre-seed
Developer of free and paid plugins on the Atlassian
Marketplace
Max Game
Value
0.1 Demium Capital Incubator Grant
Widget that allows bloggers and streamers to monetize
their fan base through live auctions on Twitch, YouTube
and other video platforms
Funding deals of 2022
25
26. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
Book Box 0.1 7 Wings Angel Grant Book Box is a B2B reading service
ByOwls 0.1 7 Wings Angel Grant
The team develops virtual production and virtual reality
software for the game and film industries.
CASES 0.1 7 Wings Angel Grant
CASES is an EdTech and Social Network for creative
industries.
DrugCards 0.1 7 Wings Angel Grant
DrugCards is a Ukrainian healthtech/pharmatech startup
that collects data about medicines by scanning
worldwide medical literature in 100 languages
Kycaid Limited 0.1 7 Wings Angel Grant
The team helps companies to streamline onboarding
processes and to comply with regulations by providing
automated verification and compliance took.
Obimy 0.1 Goodwater Capital VC Pre-seed Service and application for non-verbal communication;
AcademyOcean 0.1 7 Wings Angel Grant
AcademyOcean is a smart learning management system,
that helps businesses to train their employees, customers,
and partners.
InputSoft 0.1 Techstars Accelerator Seed
SAAS platform to optimize the use of human and
technical resources at the airports
Adler Team Undisclosed Burner VC Pre-Seed iGaming Company
Apme Undisclosed NetSolid VC Seed Full-cycle Development of Mobile Application
Funding deals of 2022
26
27. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
GetOrder Undisclosed UiPath Angel Angel Integrator of food delivery platforms with POS systems
Helsi Undisclosed Kyivstar Strategic Growth
Appointment service to doctors and storage of medical
data.
Indeema
Software
Undisclosed Vitalii Horovyi Angel Angel Digital transformation company
Mebelok Undisclosed Furniture1.eu Strategic Seed Online furniture retailers
Neurons Lab Undisclosed Roosh Strategic Growth AI-based solutions for SMBs and startups
PeopleForce Undisclosed Pracuj Ventures VC Seed HR software for businesses
Profitner Undisclosed Burner VC Pre-Seed Financial Services
Propertymat Undisclosed Geek Ventures VC Pre-Seed
Propertymate helps homebuyers to find, compare and
buy new constructions.
SeoProfy Undisclosed Burner VC Pre-Seed SEO Agency
Simpler Undisclosed Burner VC Pre-Seed Arbitrage Team
Funding deals of 2022
27
28. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
SOC Prime Undisclosed hi5 VC Seed Threat Detection Marketplace
Study.ua Undisclosed JKR Investment Group VC Undisclosed Education Platform
Miratech Undisclosed Horizon Capital Strategic Growth Technology services provider
Revenue Grid Undisclosed ICU Ventures Ltd VC Series A
REVENUEGRID develope software that combines data
from a variety of sources and provides AI-driven
analytics to improve corporate sales processes
Competera Undisclosed Geek Ventures VC Pre-Seed AI-based pricing service
4ire Labs Undisclosed ICU Ventures Ltd VC Growth Software development outsourcing + FinTech B2B SaaS
Liki24 Undisclosed TA Ventures, ICLUB VC Series A
E-commerce platform that provides medicine delivery
services.
doc.ua Undisclosed Vesna.Capital VC Seed Medical online hub
Datrics Undisclosed NEAR Protocol Strategic Growth No-code platform developer for analytics
DeckRobot Undisclosed hi5 VC Seed Automates slide creation leveraging AI
Funding deals of 2022
28
29. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
Boosty Undisclosed hypra VC Pre-Seed World’s biggest blockchain dev shop
SPOKK Undisclosed SID Venture Partners VC Pre-Seed Digital affordable insurance for everyone
Elai.io Undisclosed SID Venture Partners VC Pre-Seed
Text-to-video platform for users to build customized AI
videos with a presenter using only text
Inoxoft Undisclosed InSoft Partners Strategic Growth IT Outsource company based in Lviv
Linkup Studio Undisclosed InSoft Partners Strategic Growth
Provider of consulting services in digital product
development
Lawyerd! Undisclosed Techstars Accelerator Grant Intellectual Property (IP) Management Software
Funding deals of 2022
29
30. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
DMarket
>50
estimate
Mythical Games Strategic M&A Virtual marketplace
Digitally
Inspired
20-40
estimate
Intellias Strategic M&A
Software engineering company that provides product
and software development services
Augmented
Pixels
20-50
estimate
Qualcomm Strategic M&A
Proprietary simultaneous localization and mapping
technology (SLAM SDK) for robots and flying drones
PULS Software 2 IdeaSoft Strategic M&A Software and game development company
Dynamo
Development
1.0 TechMagic Strategic M&A Custom software development
Homsters Undisclosed Ringier AG Strategic M&A
Homsters develops marketplaces for potential home
buyers.
RESP.app Undisclosed Redis Strategic M&A Easy-to-use GUI to access Redis databases
Rozdoum Undisclosed Adaptavist Strategic M&A Profession software development house
Apostera Undisclosed HARMAN International Strategic M&A
Provider of augmented reality (AR) and mixed reality
(MR) software solutions
Rieltor.ua Undisclosed Lun Strategic M&A
Online platform that allows users to search for real
estate
Volmi Games Undisclosed Virtuos Strategic M&A Game development studio
M&A deals of 2022
30
31. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
DressX 15.0
Greenfield, Slow Ventures, Warner Music, The
Artemis Fund, Red Dao
VC Series A Digital clothing store
Carmoola 10.0
QED Investors, VentureFriends, InMotion Ventures,
Jaguar Land Rover
VC Series A Car financing app
Kolibrio 2.0
Jump Crypto, Delta Blockchain Fund, Everstake
Capital
VC Seed
Developer of BEV Relay, an on-chain marketplace
connecting node providers, wallets, and dapps with
algorithmic trading bots known as searchers.
My NFT Wars 2.0
Blockchain Cuties Universe, iLogos Game Studios,
Social Discovery Group
VC Series A
Play-Create-Own-based massively multiplayer online
role-playing game (MMORPG)
Deus Robots 1.5 SMRK VC Series A Robot manufacturing startup
Finmap 1.0 SMOK Ventures VC Seed Financial management tool
Awesomic 0.8
Pioneer Fund, Flyer One Ventures, Red Rooster
Ventures
VC Seed Web app that matches designers with customers
Harmix 0.5 Undisclosed Canadian investors VC Seed
Harmix is an intelligent service that automatically selects
right music for your video.
Aspichi 0.5 SMRK VC Pre-seed
Developer of a platform to provide audio/visual
teleportation services based on 360 video and VR
technologies.
Prengi 0.5 SMRK VC Seed SaaS platform for real estate management
Deals of early 2023
31
32. Logo Company
Sum
raised,
US$ m
Investors
Investment
type
Deal class Brief description
AeroDrone Undisclosed Dmytro Shimkiv Angel Seed Builder Unmanned Aerial Vehicles
GeekPay Undisclosed Sigma Software Labs Accelerator Grant Digital currencies payment tracking platform
Forbytes Undisclosed Insoft Partners VC Seed Custom Software Development Company
Deals of early 2023
32