SlideShare a Scribd company logo
DEALBOOK OF UKRAINE
July 2024
Covering tech investment deals in Ukraine since 2014
2024 edition
About
The DealBook is our annual overview of the Ukrainian tech
investment ecosystem. This edition covers the full year of
2023 and 1H of 2024
2.5 years of Ukraine's fight for freedom have opened a new
chapter for its tech industry. With a growing volume of
seed investments, a new booming military tech sector, and
record-high fund commitments, Ukraine’s tech ecosystem
is poised for recovery
We express our gratitude to all the market participants
who contributed their data and insights to the report and
the international community for continuing to
#StandWithUkraine
Previous Editions of the DealBook of Ukraine
DealBook Ukraine covering 2022 DealBook Ukraine covering 2021
Other Reports on Ukrainian and CEE tech
CEE M&A Report 2021 CEE M&A Report 2022 SoftDev Report 2021
2024
AVentures Capital
2
Inaccuracies and updates
We have done our best to provide accurate and complete information, but we recognize the limits of industry reporting. We will be pleased to receive any
corrections, suggestions 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 direct all such inquiries to andriic@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 law. 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 the
SlideShare or Google Drive hosting webpage of the report. To publish large extracts or the full report or for other editorial cooperation opportunities, please
contact Andrii Chemerysov at andriic@aventurescapital.com
Distribution opportunities
To inquire about the distribution of this report, please email andriic@aventurescapital.com
Disclaimer
2024
AVentures Capital
3
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 our portfolio, AVentures
Capital backs talented entrepreneurs from Ukraine and CEE to
fuel their global expansion in the US and EU markets
Authors of the Report
Yevgen Sysoyev
Managing Partner
ys@aventurescapital.com
Yuliya Sychikova
Director
yuliya@aventurescapital.com
Tetyana Torchylo
Associate
tetyana.torchylo@aventurescapital.com
Andrii Chemerysov
Analyst
andriic@aventurescapital.com
Who we are
2024
AVentures Capital
4
Volodymyr Lyashenko
Analyst
vl@aventurescapital.com

Recommended for you

Recognition of EC certificates for medical devices and IVDs in Ukraine. Maksy...
Recognition of EC certificatesfor medical devices and IVDs in Ukraine. Maksy...Recognition of EC certificatesfor medical devices and IVDs in Ukraine. Maksy...
Recognition of EC certificates for medical devices and IVDs in Ukraine. Maksy...

Technical regulations in Ukraine: where we are now and how we got there. National legislation: Technical regulations and other legal acts. Authorized representative in Ukraine. Language and labeling requirements. Conformity assessment bodies and international standards. Conformity assessment procedures. What problems can be solved by recognition. Legal requirements for recognition in details. List of notified bodies signed Agreements with UA CABs. Step-by-step process. What should be considered prior to apply for recognition. Impact of changes in EU to UA certificate. Changes and renewals. Post-marketing activities. Other Technical regulations. Market supervision.

ukrainemedical devicescertification
Report painter in SAP
Report painter in SAPReport painter in SAP
Report painter in SAP

Report Painter is a visual report development tool in SAP that offers most of the functionality of Report Writer but is easier to use. It allows creating reports from Special Purpose Ledger and other application components. Reports are defined graphically through rows and columns. When executed, Report Painter reports are converted to Report Writer format. The tool can meet many reporting needs, but some advanced Report Writer functions are not available in Report Painter.

Variant configuration for a bom
Variant configuration for a bomVariant configuration for a bom
Variant configuration for a bom

This document discusses how to configure a bill of materials (BOM) item as a variant material in SAP. It describes setting up a material called CYCLE as a configurable BOM item with characteristics like CYCLETYRES and CYCLEMODEL. It also covers creating a variant class, defining characteristic values and dependencies, building a configuration profile, and establishing variant conditions to control which sub-items are included based on the characteristic combinations selected. Finally, it shows how to create a sales order for the configured CYCLE material and have its BOM explode with the correct sub-items based on the variant condition rules.

Track record: Investments & Advisory
Products Outsourcing
Advisory
Investments
NASDAQ: QCOM
exited
From pre-seed to M&A
From pre-seed
to Series B
From pre-seed
to 1.1b valuation
From pre-seed
to Series B
X X
exited
X
exited
partially exited
From Seed to Series B
*
X
Advisory, M&A
NASDAQ: CMPR
Advisory,
Series B $68m
X
Buy-side PE deal
X
Sell-side M&A
NASDAQ: GDYN
AVentures Capital boasts an outstanding
track record in Ukraine’s tech ecosystem
A dozen years of a stellar track record in helping
build and scale businesses from “zero” to over
$50-100m in revenue, eventually leading to exits
to US/EU strategics
3 M&A deals with NASDAQ publicly listed
companies and a number of double-digit cash-
on-cash investments
2024
AVentures Capital
5
*
*
*
* Yevgen Sysoyev’s personal track record
partially exited
• Investment Banking
• M&A strategy development & implementation
• Buy-side advisory
• Sell-side advisory
Professional, client-tailored investment banking
services for tech industry:
IB & M&A Advisory for tech
companies in Central Eastern
Europe
Investment banking arm
2024
AVentures Capital
6
2023 Overview: looming recovery
2024
AVentures Capital
$42m
$146m
$81m
$266m
$323m
$542m
$571m
$832m
$236m
$209m
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
3.6x
1st war year
decline
In 2023, investment volume decline
significantly slowed to just 11% YoY,
showing the industry's resilience
amid the war
Despite the decline, 1H 2024
reveals the signs of recovery, as the
deal volume increased 4.1x times
compared to 1H 2023 and
exceeded volume of 2022-23
7
recovery
59%
5-year CAGR
$68m
$283m
1H 2023 1H 2024
4.1x
1. Amount for 2022 Series B is adjusted compared to last year’s report; for more details, please see Appendix A, Deals of 2022
2023 Overview: good news
1. In this report, a Ukrainian company is defined as having a Ukrainian co-founder and >30% of the workforce being Ukrainian.
2. This segment represents a funding stage with high deal volume yet not a distinctive series C/D funding.
25%
13%
10%
33%
16%
3%
$209m
est. total investments in
Ukrainian1 Tech
Seed
~$52m
Grants
~$7m
Growth &
Secondary²
~$33m
Series A
~$27m
Series B
~$20m
Series C
~$70m
Key Findings
Although the investment volume this year has
somewhat declined, it is still a remarkable resilience
given the war. Promisingly, we observe the growth
of the investments 1H 2024 vs. 1H 2023
Similar to 2022, early-stage investments account for a
38% share of the total investment volume (vs. 39%
in 2022), indicating unwavering trust in the future of
Ukraine’s tech sector
2023 also marked the revival of late-stage
investments. Growth and Secondary volume increased
3.2x (vs. $10.5m in 2022), and Series C volume
increased 1.4x (vs. $50m in 2022)
2024
AVentures Capital
8

Recommended for you

Sap sd quest_answer_2009061511245119496
Sap sd quest_answer_2009061511245119496Sap sd quest_answer_2009061511245119496
Sap sd quest_answer_2009061511245119496

1. The document discusses various sales order and distribution related concepts in SAP SD including drop shipments, sales areas, picking locations, customization vs configuration, shipping points, smart forms, sales document structure, plant determination, billing without delivery, sales deals, pricing date, account groups, item categories, project IMG, extending materials and customers to other sales areas, multiple deliveries, EDI usage, copy controls, schedule line categories, blocking sales documents, reconciliation vs normal accounts, access sequences, types of free goods, the 16 steps in a pricing procedure, differences between plants and storage locations, the sales order cycle, and the relationship between sales organizations and company codes. 2. It also provides explanations for concepts

SAP MM Interview Questions
SAP MM Interview Questions SAP MM Interview Questions
SAP MM Interview Questions

This document provides interview questions related to SAP MM projects and technical skills. For projects, it asks about the applicant's skills, project experience including system landscape, customizing, and issues faced. For technical skills, it asks questions about procurement documents, stock transfers, special stocks, reservations, contracts, scheduling agreements, quota arrangements, and posting periods.

sap mmsapsap erp
Calibration process
Calibration processCalibration process
Calibration process

This document provides instructions for calibrating equipment using SAP PM. It outlines 6 key steps: 1) Checking for task lists, 2) Changing maintenance plans, 3) Scheduling plans, 4) Viewing schedules, 5) Viewing order details, and 6) Recording inspection lot results. Transaction codes and navigation paths are provided for each step to guide users through the calibration process in SAP PM.

2023 Investments by industry
9
2024
AVentures Capital
41%
14%
EdTech
IT Services
~$85m
~$30m
tutor marketplaces, lecture
platforms, language learning apps,
and learning management software
software outsourcing & solutions
$209m
14% Finance
~$29m
blockchain-based auctions, car
financing apps, accounting, etc. …
+ 5 companies
10% Retail
~$21m
robotics, AI-powered pricing, food-
ordering platforms
14% Other
~$29m
military, real estate, healthcare,
marketing & sales, management &
operations, developer tools, etc.
7% Entertainment
~$16m
voice cloning, AI-powered 3D assets
& music, VR
…
+ 4 companies
…
+ 4 companies
…
+ 53 companies
Biggest capital raisers
10
2024
AVentures Capital
$209m
est. total investments in
Ukrainian Tech
$70m
Preply is a global platform for
tutors and learners. In 2023, it
raised $70m from Horizon
Capital, Reach Capital, Hoxton
Ventures, Owl Ventures, and
others as part of Series C
$22m
Fintech Farm creates neobanks in developing
countries in partnership with traditional
banks. In 2023, it raised $22m from Nordstar
and others as part of Series D
$15m
DRESSX is one of the largest retailers of
digital fashion. Its investors are Greenfield
Capital, Warner Music Group, The Artemis
Fund, Slow Ventures, and Red DAO
Undisclosed
GO IT provides engineering education for
the digital professions. Its investor is
Horizon Capital as part of Growth stage
Undisclosed
Viseven creates digital transformation for pharma and
life sciences. Its investor is Horizon Capital as part of
Growth stage
Other
Over 100 companies
included in the report
18 22 32
11 30 18
39
77
38 52
22 9 3 59 19 26
119
158
53 27
40
31 35
70
49 44
158
235
91 79
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Early-stage: Seed and Series A
11
2024
AVentures Capital
Series A
Seed
*in $m
Despite the decrease in Series A funding, Seed rounds grew by 37% YoY.
Thus, the volume of Seed investments became the second highest in
history, laying the way for the future recovery
by investor origin
by investor type
1% 31% 32% 36%
1% 2% 3% 29%
4% 61%
~$1m, Undisclosed
~$24m, Foreign + Ukrainian1
~$26m, Foreign
~$28m, Ukrainian2
~$0.5m, Accelerator ~$23m, VC + Angel
~$1m, Strategic
~$2m, Angel
~$3m, Undisclosed
~$49m, VC
1. Rounds in which both foreign and Ukrainian investors participated
2. Rounds in which only Ukrainian investors participated
Startup to look at in 2024
12
2024
AVentures Capital
Launch
2020
Founded by Dmytro Dubilet,
Oleksandr Vitiaz, & Nick
Bezkrovnyy
Azerbaijan
2021
Leobank opening
Issues the first 100k cards
Series A
2022
Vietnam, Series B
2023
Hits 200k active users in
Vietnam and 1m in Azerbaijan.
The #1 digital bank
in Azerbaijan
Raises $22m in Series B round,
led by Nordstar, European VCs,
angels
India
2024
Series B extension from Bank
of Georgia, bringing the raised
amount to $32m
Aims to reach 1m active
users in Vietnam
Leobank becomes
profitable
Company raises $7.4m
in Series A led by F1V,
AVentures, TA Ventures,
angels
Fintech Farm is a UK-based company that specializes in
creating neobanks in emerging markets by partnering with
established local banks
HQ:
R&D:
Operations:
Team:
Total Raised:
Featured By:
London, UK
Ukraine
4 countries & growing
150+ employees
$45m1
Fintech Farm aspires to launch in a dozen emerging markets
countries and build the #1 digital bank player in emerging markets
1. Forbes estimate
Sources: Fintech Farm, AIN, sifted, TechCrunch, Forbes

Recommended for you

ML_Tom King 2022.pdf
ML_Tom King 2022.pdfML_Tom King 2022.pdf
ML_Tom King 2022.pdf

1) The Material Ledger is now mandatory in S/4HANA and is used to maintain inventory valuation, replacing older tables. 2) When upgrading from older systems, there are different approaches of brownfield (technical upgrade) versus greenfield (new implementation) but the Material Ledger must be initialized. 3) Actual costing is an optional feature of the Material Ledger that calculates inventory value variances but is not required to use S/4HANA's Material Ledger functionality.

SAP FI-MM Integration presentation which includes all steps
SAP FI-MM Integration presentation which includes all stepsSAP FI-MM Integration presentation which includes all steps
SAP FI-MM Integration presentation which includes all steps

FI-MM Integration PPT

sap fi-mm integration
Pipeline process in SAP MM
Pipeline process in SAP MMPipeline process in SAP MM
Pipeline process in SAP MM

Pipeline materials such as oil, gas, or electricity are received directly through pipelines and cables rather than through traditional purchase orders and stock. These materials use a special stock type of "P" to record consumption without a purchase order or stock. All rate and tax information for pipeline materials is stored in info records under the category "Pipeline". Consumption is recorded through MIGO transactions and settlement is done through MRKO transactions similar to consignment materials.

Growing grant opportunities
13
2024
AVentures Capital
$6.9m
est. grants provided for Ukrainian
entrepreneurs in 20231
Others (Undisclosed)2
Launched in 2018, the Ukrainian Startup Fund has distributed a total of
$16m in grants ($10k-$50k avg. check). Last year, the fund issued 11
grants via the Dual Use Program, and in 2024, already distributed 27 more
(with Seeds of Bravery, WNISEF as partners)
1. Grants calculation is based on public information, as well as on data supplied by the Ukrainian Startup Fund and Brave1
2. Many grantors and funded companies, especially in military tech, prefer to remain undisclosed, only announcing the fact of the deals
Brave1 focuses on military tech. It was launched in 2022 by the Ukrainian
government. Since then, the cluster has distributed 211 grants for a total
of $3.8m, with an average check of $5k-$25k
The European Innovation Council Accelerator offers up to €2.5m in grants
for R&D and up to €15m in equity investments for market deployment
Military tech: a new surging vertical
14
2024
AVentures Capital
• Brave1 issued the largest amount of grants for
miltech in 2023, amounting to $2.3m
• D3 is the first Ukrainian miltech focused VC in 2023,
with more being launched
• We estimate that Osavul (AI-powered information
security) raised the most funding ($1.0m) among
miltech companies in 2023
$6.7m
est. investments in miltech in
2023, both equity and grants
6.2x
miltech job postings on DOU
increased YoY, as of June 20241
UAV Cyber & Analytics
Frontline Equipment
Radio & Sensors Demining
Frontline
Robotics
[Functional
Textile Labs]2
[Biodegradable
Homeostatic Agent]2
[Bees Against
Mines]2
1. Data from the web archive of jobs.dou.ua for June 19, 2024, vs. June 10, 2023. An exact day-to-day comparison is not feasible due to the archive’s limitations.
2. These projects were financed by the Ukrainian Startup Fund (USF) grant programs, yet still do not have website/social media links/logos
$532M in announced commitments
15
2024
AVentures Capital
$350m
$300m1
$42m
$39m
$23m
$20m $19m
$10m $10m $10m
$5m $3m $1m
The local funds continue to attract new commitments, many of which are
to be invested in Ukrainian companies
• In early 2024, Horizon Capital’s Growth Fund VI closed at $350m,
exceeding the target by 40%. Investors include IFC, EBRD (EU), DFC
(US), JICA (Japan), and others
• A significant number of new commitments also came from grant
programs and early-stage investors
• In March 2024, UVCA presented the Ukrainian Fund of Funds, which
intends to raise $300m, which would make it the second-largest fund
ever raised.
1. The fund is to be raised yet ; the number on the chart indicates the initial expected fund size
Sources: Horizon Capital, UVCA, European Innovation Council, Brave1, Geek Ventures, D3, 1991 ventures, SMG Capital, Google Support Fund, Roosh, Green Flag,
Ukrainian Startup Fund (USF), Angel one.
16
18
Ukrainian VCs are
currently raising funds
$300m
Initial expected Fund of Funds’ size
The Ukrainian Fund of Funds is an
investment vehicle that enables
investors to deploy capital into funds
focused on Ukrainian entrepreneurs
through an intermediary, receiving
commercial benefits
Gateway for the world's largest
institutional and private investors
to invest in Ukraine
Rigorous due diligence &
comprehensive overview of the
highest-performing local funds
Transparent management
structure & expert team
First institutional fund-of-fund
investor in VC funds
Anchor >30% LP commitments to
support fundraising of 25+ GPs
Continuous program to strengthen
PE, CV and tech ecosystem in
Ukraine
Ukrainian Fund of Funds
~$1b
Projected demand for
capital from Ukrainian VCs
50+
Foreign funds interested in CEE
region
Sources: UVCA, Multiple Capital
Note: The UVCA also invites investors and others to commit 1% or more of their available investment capital towards investments that
promote the recovery and reconstruction of Ukraine. More about Ukraine 1% Investment Pledge: https://fof.uvca.eu/

Recommended for you

Sapprocurement non stock item
Sapprocurement non stock itemSapprocurement non stock item
Sapprocurement non stock item

Rajesh Sharma provides an overview of the procurement process for consumable items in SAP. Key points covered include: 1. The differences between procuring consumable versus stock items, with consumable items being procured directly for consumption without inventory valuation. 2. The need to specify an account assignment category for consumables to determine the cost objects charged and required assignment data. 3. How purchase requisitions are used to initiate the procurement process and later converted to purchase orders. 4. Features of purchase requisitions like multiple account assignments, creating requisitions without material records, and status indicators.

saplearningmm
Sap shipping point determination
Sap shipping point determinationSap shipping point determination
Sap shipping point determination

The document discusses determining shipping points and loading groups in SAP. It covers defining shipping conditions and loading groups. It also covers assigning shipping points according to storage location and includes steps for assigning shipping points based on storage location.

sap shipping point determinationsap erpsap
[BLT] 특허 기본 및 선행기술조사방법
[BLT] 특허 기본 및 선행기술조사방법[BLT] 특허 기본 및 선행기술조사방법
[BLT] 특허 기본 및 선행기술조사방법

많은 분들에게 도움이 되었으면 합니다. 자료문의 및 강의신청은 아래로 부탁드립니다. 변리사 엄정한 (shawn@blte.kr) 비엘티 : 070-4100-0102 www.fb.com/byunlisa (페이스북) www.BLT.kr (홈페이지) www.bltm.kr (커뮤니티)

17
Ertan Can
Founder and Managing Partner of
Multiple Capital
20+ years of industry experience, 10
years of VC/LP experience, Top
Decile track record
Ertan’s track record in managing the Funds of Funds:
Andriy Kolodyuk
Managing Partner of AVentures
Capital, Chairman of UVCA
30+ years of entrepreneurial
experience, 20+ years of VC/LP
experience
2,100
Funds screened
1,000
GP relationships
50+
Sectors
48
Funds invested
103
GPs/Partners
1,359
Portfolio companies
156
Outliers
23
Unicorns
1
Decacorn
Proven management track record
Sources: UVCA, Multiple Capital
Note: The UVCA also invites investors and others to commit 1% or more of their available investment capital towards investments that
promote the recovery and reconstruction of Ukraine. More about Ukraine 1% Investment Pledge: https://fof.uvca.eu/
Unicorns co-founded by Ukrainians
2021
2018 2022
2019
Publicly disclosed valuation of >$1.0b …
2024
AVentures Capital
18
Raised $100m in Series D
round from Iconiq Capital
and others
Total valuation: >$1.1b
BitFury’s unicorn status
was confirmed during
$80m financing from
Korelya Capital
Total valuation: >$2.0b
Raised $200m in a round
led by Baillie Gifford and
BlackRock
Total valuation: >$13.0b
Raised $107m in Series D
funding from Akkadian
Ventures, Mubadala
Ventures and others
Total valuation: $1.1b
Raised $51.5m in Series B
round from G Squared and
others
Total valuation: >$1.25b
2024
Raised $200m in a round
led by Sapphire Ventures,
Volition Capital and
Horizon Capital
Total valuation: $1.2b
Year after year, Creatio delivers 50% revenue growth,
fueling further expansion in the no-code market
Robust growth
Creatio is a leading vendor of a no-code platform to
automate CRM and enterprise workflows
Leading no-code platform
A global team has its representatives in 25 countries and
thousands of customers in over 100 countries
Global presence
New unicorn is born in 2024
19
2024
AVentures Capital
Source: public sources
As of June 26, 2024, Creatio raised
$200m at $1.2b valuation
…and Unicorns likely to be
2024
AVentures Capital
20
Manufacturer of
security systems
for homes
Global platform
for tutors and
learners
Health & Fitness
mobile apps
developer
Health& Fitness
apps developer
Multi-streaming
solution for live
video content
Developer of
mobile Ed-tech
products
Mobile and web
developer of IT
products
Software development
Co-founds global
tech businesses with
CEE entrepreneurs
Product Companies

Recommended for you

국제계약실무 기본내용 강의발표자료 김국현 변호사
국제계약실무 기본내용 강의발표자료 김국현 변호사국제계약실무 기본내용 강의발표자료 김국현 변호사
국제계약실무 기본내용 강의발표자료 김국현 변호사

국제계약, 영문계약, 무역계약, 기술계약, 판매계약, 기술라이선스, 독점판매계역, 실무적 내용 강의자료

국제계약영문계약무역계약
pdfcoffee.com-tieu-luan-mktqt-1docx.docx
pdfcoffee.com-tieu-luan-mktqt-1docx.docxpdfcoffee.com-tieu-luan-mktqt-1docx.docx
pdfcoffee.com-tieu-luan-mktqt-1docx.docx

bssbsbsfvdfsv

SAP mm module
SAP mm moduleSAP mm module
SAP mm module

The document discusses the project system module in SAP. It describes what a project is and examples of projects from MCGM's perspective. It outlines the key processes in project system like project structuring, estimation, budgeting, work order process, payment certification, and notification. Project coding conventions are also explained. The document provides screenshots of different screens in SAP related to project creation, WBS elements, estimation, deviation approval, document management, and notification workflow.

Landscape of funds in 20231
Ukrainian
Foreign
Seed, Series A Series B, Series C, Growth
2024
AVentures Capital
21
1. Due to the decrease in late-stage investments over recent years, the “Series B, Series C, Growth” section includes the funds that made investments in Ukrainian
companies in recent years, not just 2023, for illustrative purposes. “Seed, Series A” section highlights the funds that made investments in 2023
Notable exits
Target Acquirer Sector Description
clickdealer
Digital Media
Solutions
Marketing-Sales Global platform to fulfill marketing goals
Digitally Inspired Intellias IT Service Full-cycle software development company
7DEVS Euvic Group IT Service Development of web and mobile solutions
exoft Euvic Group IT Service Custom software development company
Artkai Euvic Group IT Service Customer-centric digital engineering
skillsetter Undisclosed Education Get skills to be effective in IT-companies
Ukrainian companies continue to draw attention from strategic investors in the US and Europe, though M&A activity has been limited
• Co-founded by Max Polyakov, ClickDealer was the largest exit of 2023. The company was acquired by Digital Media Solutions—a
publicly traded provider of digital advertisement solutions—for an estimated amount of $45m. The acquisition will help DMS to
expand its advertising niche for homeowner services brands in the US market
• Since 2022, Polish Euvic Group has become an active local player, acquiring small Ukrainian IT service companies (<100 employees).
So far, the group has acquired 4 targets for a total of $5m+
2024
AVentures Capital
22
Source: Digital Media Solutions, AIN
Appendix A – Deal tables
Methodology Notes
If the deal was conducted in a currency different than the United States dollar, the following exchange rates were used:
EUR to USD: 1.07; GBP to USD: 1.24
Loans, corporate bonds, and all other types of debt funding are excluded from funding amounts when the distribution of debt to
equity funding is known. Convertible debt is included. A separate category is dedicated to non-equity grant funding
Publicly undisclosed deals and undisclosed deal amounts pose a challenge to calculating aggregate amounts and deal classification.
Therefore, to make the amounts and classification as accurate as possible, we use estimates to arrive at aggregate amounts and
classification categories. Where appropriate, our estimates are stated in the Deal Tables. If known, privileged data is also used when
calculating aggregate amounts
2024
AVentures Capital
23
Funding deals of 2023
Logo Target $m Disclosed Investors Funding Deal Description
Preply 70.0 Horizon Capital, Reach Capital, Hoxton Ventures, Owl Ventures VC Series C Global platform for tutors and learners
Fintech Farm 22.0 Redseed, Nordstar VC Series B Neobanks in developing countries
DRESSX 15.0
Warner Music Group, The Artemis Fund, Slow Ventures, Red DAO,
Greenfield
VC Series B* Digital fashion retailer
VISEVEN Undisclosed Horizon Capital VC Growth* Digital transformation for pharma and life sciences
GO IT Undisclosed Horizon Capital VC Growth* Engineering education - digital professions
carmoola 10.5 VentureFriends, TrueSight Ventures, QED Investors, InMotion Ventures VC Series A Direct-to-consumer car finance
trinetix 10.0 hypra.fund VC Series A* Trusted global digital product partner
newhomesmate 5.5
u.ventures, Unpopular Ventures, SID Venture Partners, Pragmatech
Ventures, Pareto Holdings, Geek Ventures, Gaingels, Flyer One Ventures,
Asymmetry Ventures, Andrew Izyumov, Vishal Rao, Roman Smolevskiy, Jon
Oringer, Jonathan Wasserstrum, Francis Santora, Edward Lando, David J.
Morrison
VC, Angel Seed
Online marketplace to find, compare and buy new
construction homes
miratech 5.0 Horizon Capital, International Finance Corporation VC Growth* Global IT services and consulting
Releaf Paper 4.3 European Innovation Council VC Series A Sustainable paper from fallen leaves
2024
AVentures Capital
24
* Estimate

Recommended for you

Split valuation activation
Split valuation activationSplit valuation activation
Split valuation activation

This document provides instructions for configuring and activating split valuation in SAP to separately value in-house production stocks and externally procured stocks of materials. It outlines the steps to 1) activate split valuation in the system, 2) create valuation types for in-house and external stocks, 3) assign valuation categories to the types, and 4) create material master records and production/purchase orders to value the stocks separately. The purpose of split valuation is to allow different valuation prices for internally produced versus externally sourced materials.

sap sd
Ctd and e ctd
Ctd and e ctdCtd and e ctd
Ctd and e ctd

The document provides information on the Common Technical Document (CTD) format for organizing technical documents submitted to regulatory authorities for approval of pharmaceutical products. The CTD format was developed by the International Conference on Harmonization to streamline review processes and facilitate simultaneous submissions across different regions. It includes five modules covering administrative information, summaries, quality, nonclinical and clinical data. Adopting a common format provides benefits like reduced submission time and costs as well as faster availability of new medicines to patients.

DealBook of Ukraine: 2023 edition
DealBook of Ukraine: 2023 editionDealBook of Ukraine: 2023 edition
DealBook of Ukraine: 2023 edition

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.

vc investmentstech in ukraineukraine tech
Funding deals of 2023
Logo Target $m Disclosed Investors Funding Deal Description
HAIQU 4.0
u.ventures, Toyota Ventures, Soma Capital, SID Venture Partners, Roosh
Ventures, Paul Holland, MaC Venture Capital, Gordy Holterman, Alexi
Kirilenko
VC, Angel Pre-Seed Solutions for quantum computers
STROOM 3.5
Greenfield, Lemniscap, No Limit Holdings, Cogitent Ventures, Mission
Street, Ankr
VC, Angel Seed Liquidity for Bitcoin Lightning Network
INSTOCK 3.2
u.ventures, One Way Ventures, Lux Capital, Cybernetix Ventures,
Commerce Ventures, Amazon Industrial Innovation Fund
VC Seed Warehouse robotics and automation solutions
competera 3.0
STRATMINDS, Flyer One Ventures, Verras Capital, SMRK Fund, Transform
Partners Fund
VC Seed AI-powered retail pricing
AiSDR 2.9
Y Combinator, Terrence Rohan, SID Venture Partners, SCM Advisors, Rebel
Fund, Rahul Mehta, Pioneer Fund, Nick Bilogorskiy, Matt MacInnis, Flyer
One Ventures
VC, Angel Seed AI-powered email marketing and sales
Helsi 2.5* Undisclosed Strategic Series A* Find doctors, clinics and drugs online
MY NFT WARS 2.0
WannaBiz, Vinor Zukhubaia, Social Discovery Group, Nika Tech Family,
iLogos Game Studios, Fedor Drozdovski, Blockchain Cuties Universe,
Blackshield Capital Management, Alex Potapenko
VC, Angel Series A Play-Create-Own-based massively MMORPG
kolibrio 2.0
Jump Crypto, Everstake Capital, Delta Blockchain Fund, undisclosed angel
investors
VC, Angel Seed Building automated blockchain-based auctions
GAMETREE 1.7
Sam Yagan, President Victor Yushchenko of Ukraine, Phil Schwarz, Nicolas
Stehle, Goodwater Capital, Fullstack Ventures, Felix LaHaye, EXPERT DOJO,
Corazon Capital, Coddy Johnson
VC, Angel Seed Discover video games, teammates, friends
DEUS ROBOTICS 1.5 SMRK VC Fund VC Seed Warehouse robotics engineering and software
Masthead Data 1.3
SMOK Ventures, Monochrome Capital, focal, DEPO Ventures, Alchemist
Accelerator, undisclosed angel investors
VC, Angel Pre-Seed
Data observability that catches data anomalies in
real time
2024
AVentures Capital
25
* Estimate
Funding deals of 2023
Logo Target $m Disclosed Investors Funding Deal Description
finmap 1.1 SMOK Ventures, Presto Ventures, Petr Baron, Capital Genetics VC, Angel Seed* Cash flow management tool for SMEs
All Right 1.0 Capital Times Investment Advisory, Dmitry Sergeev, Peter Chernyshov Angel Seed* Online English school for children and adults
respeecher 1.0
BADideas.fund, Gary Vaynerchuk, ffVC Poland, SID Venture Partners,
Investment Capital Ukraine
VC, Angel Seed* Voice cloning for creators, movies, games
zeely 1.0
ZAS Ventures, Vesna Capital, Imaguru Ventures, Jooble Venture Lab, Angel
One, Adrian J Slywotzky, Murat Abdrakhmanov
VC, Angel Seed Mobile-first web store & ad builder with AI
osavul 1.0 SMRK VC Fund VC Seed AI-powered security against information threats
workee 0.9 SMOK Ventures, Slava Ventures, undisclosed angel investors VC, Angel Seed* Freelancer no-code online business management
awesomic 0.8
Pioneer Fund, Flyer One Ventures, Red Rooster Ventures, Michael Seibel,
Jared Friedman
VC, Angel Seed* Platform that helps companies find designers
gin e-bikes 0.6 Toloka VC VC Seed Premium e-bikes at affordable prices
FARM FLEET 0.6 Undisclosed Undisclosed Seed* Robotics for the agricultural sector
ASPICHI 0.5 SMRK VC Fund VC Seed* Developer of virtual reality solutions
ComeBack
Mobility
0.5 ZAS Ventures, Techstars VC Seed* Smart crutch tips
Harmix 0.5 Undisclosed Undisclosed Seed* AI-powered music selection for your video
2024
AVentures Capital
26
* Estimate
Funding deals of 2023
Logo Target $m Disclosed Investors Funding Deal Description
prengi 0.5 SMRK VC Fund VC Seed All-in-one facility management platform
ZIBRA AI 0.5 Speedrun Accelerator of Andreessen Horowitz Accelerator Seed AI-generated 3D assets
eTOLLs EU 0.5 Imperia Holding Strategic Seed* Pay tolls and avoid cash lanes on toll roads
getpin 0.4 Presto Ventures VC Seed
Tool for managing the customer experience on
third-party online platforms
PLUSPOINT 0.4 Pragmatech Ventures VC Seed* Online reputation management startup
INPUT SOFT 0.3
SID Venture Partners, Sigma Software Labs, Torino Cities - Future Techstars
Accelerator
VC Seed* Web-based software solutions for aviation
S.Lab 0.2 ZAS Ventures, Vesna Capital, IT Arena, Sasha Reminnyi VC, Angel Seed* Biodegradable packaging of hemp and mycelium
Forbytes 0.2* InSoft.Partners Strategic Pre-Seed* Global software, product development vendor
noltic 0.2* InSoft.Partners Strategic Pre-Seed* Salesforce consulting and development
Vakoms 0.2* InSoft.Partners Strategic Pre-Seed* Consulting, development for IoT, Embedded
MARK 0.2 Maksym Demianiuk Angel Seed Virtual personal medical assistant
GO TO-U 0.2 Angel One Fund Angel Pre-Seed* Platform for EV charging management
2024
AVentures Capital
27
* Estimate
Funding deals of 2023
Logo Target $m Disclosed Investors Funding Deal Description
Rozmova 0.2 Angel One Fund VC Pre-Seed Platform for therapists and clients
RevMyWork 0.1 Marty Krátký-Katz, Pavla Bobosikova Angel Pre-Seed Paid IT work review
justwork 0.1 Promodo Strategic Pre-Seed* Marketplace for marketers
FALCONS <0.1* Undisclosed angel investor Angel Pre-Seed* Develop, test, scale solutions for the military
GRISELDA <0.1* Undisclosed angel investor Angel Pre-Seed* High-speed processing of large data streams
ZVOOK <0.1* Undisclosed angel investor Angel Pre-Seed* Acoustic detection of low-med altitude projectiles
Mantis Analytics <0.1* Angel One Fund, undisclosed angel investor Angel Pre-Seed* Analytics for government and military
BANK of
memories
<0.1* Seier Capital VC Pre-Seed* Save and transmit digital assets to the future
DJOOKYX <0.1* Seier Capital VC Pre-Seed* Marketplace of music royalty rights
2024
AVentures Capital
28
* Estimate

Recommended for you

DealBook of Ukraine: 2021 edition
DealBook of Ukraine: 2021 editionDealBook of Ukraine: 2021 edition
DealBook of Ukraine: 2021 edition

The document is an annual report by AVentures Capital covering the Ukrainian tech investment industry in 2020. It summarizes that total funding volume reached a record high of $571 million despite the COVID-19 pandemic, with most funds going to a few global companies with Ukrainian roots. Early-stage funding also hit record highs, though international funds provided the majority. Exits increased in number but most were of moderate value. The software development outsourcing industry saw consolidation trends amid remote work formats.

ukraine techukraine itventure capital
DealBook of Ukraine: 2022 edition
DealBook of Ukraine: 2022 editionDealBook of Ukraine: 2022 edition
DealBook of Ukraine: 2022 edition

Ukrainian tech investment report for 2022. The report provides an overview of investment deals and trends in Ukraine's technology sector in 2021 and early 2022. Some key points include: - 2021 was a record year for tech investment in Ukraine, with a total of US$832 million invested, surpassing previous years. - Three Ukrainian companies (GitLab, Firefly Aerospace, People.ai) raised over half the total funding in 2021. - Early-stage funding reached record levels, with seed and Series A deals increasing over previous years. - M&A activity was also high in 2021, though some 2022 deals were put on hold due to the Russian invasion in February. - Ukraine's export

dealbookdealbook ukraineinvest in ukraine
AVentures DealBook 2020
AVentures DealBook 2020AVentures DealBook 2020
AVentures DealBook 2020

The document is the 2020 edition of the DealBook of Ukraine published by AVentures Capital. It provides an overview of the Ukrainian tech investment landscape in 2019. Some of the key highlights include: - 2019 saw a record total funding volume of $544M, driven by a few large rounds, while early stage investment remained flat. - The three largest deals (Grammarly, GitLab, People.ai) accounted for 77% of the total funding. - Exits increased with notable acquisitions like AI Factory and Cropio, but most deals were smaller than $100M. - International investors provided the majority of early stage capital while local funds focused on seed deals. - Ukraine remained an

2019deals in ukraineexits
Funding deals of 2023
Logo Target $m Disclosed Investors Funding Deal Description
Cloudprinter Undisclosed u.ventures, Brabant Development Company VC Seed* Global print-on-demand solutions
SpeedSize Undisclosed u.ventures VC Seed* AI compression of media content
drugcard Undisclosed New Nordic Ventures, Peter Chernyshov VC, Angel Seed Pharmaco-Vigilance with AI Data Intelligence
GeekPay Undisclosed Sigma Software Labs Strategic Seed Digital currencies payment tracking platform
GigRadar.io Undisclosed Belkins Strategic Pre-Seed* B2B lead generation tool for Upwork agencies
SETAFF Undisclosed NetSolid VC Pre-Seed* Affiliate company with SEO Traffic in iGaming
Adsee Undisclosed Jooble Strategic Pre-Seed Run recruiting campaigns on social media
Saldo Apps Undisclosed hi5 Ventures Strategic Pre-Seed* Sales, accounting automation for SMEs
2024
AVentures Capital
29
* Estimate
M&A deals of 2023
Logo Target $m Disclosed Acquirer Funding Deal Description
clickdealer 45.0 Digital Media Solutions Strategic M&A Global platform to fulfill marketing goals
Newoldstamp 3.1 Blackpearl Group Strategic M&A Email signatures marketing platform
7DEVS Undisclosed Euvic Group Strategic M&A Development of web and mobile solutions
exoft Undisclosed Euvic Group Strategic M&A Custom software development company
ARTKAI Undisclosed Euvic Group Strategic M&A Customer-centric digital engineering
Undisclosed Undisclosed Euvic Group Strategic M&A Undisclosed
Agena Tech Undisclosed beleven Strategic M&A Sweden-based technology development
Logaster Undisclosed ZenBusiness Strategic M&A Online logo maker
Plai Undisclosed Peoplelogic Strategic M&A People performance management tool
skillsetter Undisclosed Undisclosed Strategic M&A IT-focused EdTech
teraz work Undisclosed Jooble Strategic M&A Marketplace for freelance recruiters
2024
AVentures Capital
30
* Estimate
Grants of 2023
Logo Target $m Disclosed Investors Funding Deal Description
Releaf paper 2.7 European Innovation Council Grant Grant Sustainable paper from fallen leaves
135 different projects 2.3 Brave1 Grant Grant Military tech
Handy.ai <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Team coordination, customer service, operations
CRAFTRUDER
(ConcreteFlow)
<0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant 3D printed construction blocks
UKROPTER <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Quadcopter and VTOL UAVs
MODULE <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant No-tech application development
Biodegradable Hemostatic Agent <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Collagen matrix for effective bleeding stoppage
Bees Against Mines <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Search for explosives in metal-contaminated areas
Ukraine Global
Faculty
<0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Free online lectures from leading professors
ClinCaseQuest <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Medical simulation learning platform
Simple ZNO <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Preparation for Ukrainian high school exit exams
Cardio AI <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant AI powered ECG analysis platform
2024
AVentures Capital
31
* Estimate
Grants of 2023
Logo Target $m Disclosed Investors Funding Deal Description
smart ion <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Smart home modules for lighting and appliances
Revisor <0.1 Ukrainian Startup Fund, Glovo Ukraine Startup Lab Grant Grant Customer feedback and NPS management
DEEP LOYALTY <0.1 Ukrainian Startup Fund, Glovo Ukraine Startup Lab Grant Grant Mobile app for retail loyalty programs
NUMO ADHD <0.1 Ukrainian Startup Fund, IT Arena Grant Grant Support and productivity for people with ADHD
spendbase <0.1 Ukrainian Startup Fund, Glovo Ukraine Startup Lab Grant Grant Tracking, optimizing, and reducing software costs
jetbeep <0.1 Ukrainian Startup Fund, IT Arena Grant Grant Autonomous postal points
GAMETREE Undisclosed Overwolf Grant Grant Discover video games, teammates, friends
2024
AVentures Capital
32
* Estimate

Recommended for you

AVentures DealBook 2019
AVentures DealBook 2019AVentures DealBook 2019
AVentures DealBook 2019

This document provides an overview and summary of investments and mergers & acquisitions in the Ukrainian tech sector in 2018 and the first quarter of 2019. It finds that 2018 saw a record $323 million in venture capital and private equity deals, a 22% increase over 2017. However, 71% of total funding went to three global companies with R&D operations in Ukraine. Early-stage funding remained flat, with most coming from foreign investors. Recent M&A activity has focused on software development outsourcing firms. Notable 2019 deals include a $10 million investment in an IoT security company and investments in a custom software developer and fintech lending platform.

ukraineukraine techukraine it
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...

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.

uvcakrestonişe
AVentures - CEE SoftDev M&A report Oct 2022.pdf
AVentures - CEE SoftDev M&A report Oct 2022.pdfAVentures - CEE SoftDev M&A report Oct 2022.pdf
AVentures - CEE SoftDev M&A report Oct 2022.pdf

Comprehensive coverage of M&A activity in Software Development (IT Outsourcing) industry in CEE region through 1H 2022

it outsourcingm&amergersandacquisitions
Funding deals of 2024 so far
Logo Target $m Disclosed Investors Funding Deal Description
Creatio 200.0 Sapphire Ventures, StepStone Group, Volition Capital, Horizon Capital VC Series C No-code CRM and workflow automation platform
carmoola 19.2 QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, u.ventures VC Series B Direct-to-consumer car finance
Fintech Farm 10* Bank of Georgia Strategic Series B Neobanks in developing countries
OneNotary 5.0
Jackson Square Ventures, u.ventures, DocuSign Ventures, GoodPaper
Ventures, Digital Future, The LegalTech Fund, Tom Gonser
VC, Angel Series A Online notary service
Portal AI 5.0
StratMinds VC, AGI House Ventures, BBQ Capital, The Patel, Amanda
Schloss, Broocknell Ventures
VC Series A Unified operations and management AI for SMEs
Esper Bionics 5.0
YZR Capital, u.ventures, European Bank for Reconstruction and
Development (EBRD)
VC Series A* Bionic prosthetics using AI and cloud data storage
KURS ORBITAL 4.0 OTB Ventures, Credo Ventures, Galaxia, In-Q-Tel, Inovo VC Seed* Docking with non-cooperative objects in space
Choice QR 2.5 J&T Ventures, Reflex Capital, Presto Ventures VC Seed All-in-one SaaS solution for restaurants
ARKIS 2.3 gumi Cryptos Capital, Roosh Ventures, G1 Ventures, Psalion VC VC Seed Raise funds for cryptocurrency operations
OpenDelta 2.2 6th Man Ventures, Boosty Venture Studio VC Pre-Seed* Use bitcoin to create USDO, a synthetic dollar
Mindly 2.0 OpenOcean VC, Patrik Backman VC, Angel Seed Marketplace for mental health specialists
peopleforce 2.0 Pracuj Ventures VC Seed All-in-one HR platform
2024
AVentures Capital
33
* Estimate
Funding deals of 2024 so far
Logo Target $m Disclosed Investors Funding Deal Description
lilo 1.0 Samuel Akobian, Vasyl' Zadvornyy, Dmytro Shymkiv Angel Pre-Seed B2C insurance in Ukraine
Buntar Aerospace 1.0 Undisclosed VC, Angel Seed* Developer of advanced UAVs
Beholder 1.0 InnoEnergy, Rockstart, STRT Ventures VC Seed AI for sustainable mineral exploration
Bluedot 0.6
United Angels Network, Greg Jackacky, Louis-Christophe Laurent, Alex
Orap, Bridget Harris, Daniel ShuHi, Thomas James, Andriy Skoropad, Ivan
Kohut, Zbigniew Lukasiak, OnDeck Ventures accelerator, Google for
Startups, Daniel Gross
Angel Pre-Seed Browser extension for Google Meet AI features
HIMERA 0.5
Ivan Dmytrasevich, Oleksandr Reminny, Andriy Sambir, Natalia Sambir,
Yevhen Gusarov, Oleksiy Fomichev, Andriy Skoropad, Arnaud Dassier,
United Angels Network
Angel Pre-Seed* Universal secure communication system
HOMErs 0.5 Undisclosed angel investors Angel Pre-Seed* Modular homes
Dataisland 0.5 Milleyson Holdings Ltd, Apercon Consulting Group Strategic Pre-Seed* AI assistant for CRM systems
Job Cannon 0.5 White Hill Capital VC Pre-Seed* Data-driven recruitment platform
Bynesoft 0.3 Undisclosed Strategic Pre-Seed* One API to power all your LLM applications
competera 0.3 u.ventures VC Seed* AI-powered retail pricing
EUROTRIPS 0.3* Day8 VC Pre-Seed* European group adventures for young people
2024
AVentures Capital
34
* Estimate
Funding deals of 2024 so far
Logo Target $m Disclosed Investors Funding Deal Description
Buntar Aerospace 0.2 Uklon founders Angel Seed* Developer of advanced UAVs
CloudAvocado 0.1 ZAS Ventures VC Pre-Seed* Cloud infrastructure cost optimisation
Fintellect 0.1 ZAS Ventures VC Pre-Seed* Finance / accounting platform for firms
Mantis Analytics <0.1 Alchemist Accelerator, ZAS Ventures VC Pre-Seed* Analytics for government and military
memoryOS Undisclosed Vesna Capital VC Pre-Seed Learning and Memory Management tools
Dynamiq Undisclosed TA Ventures, Geek Ventures, u.ventures, Diaspora Ventures VC Pre-Seed
Developer of an operational platform for corporate
gen AI applications.
legalnodes Undisclosed Vesna Capital VC Pre-Seed
Legal platform that enables businesses to set up
and operate internationally
2024
AVentures Capital
35
* Estimate
M&A deals of 2024 so far
Logo Target $m Disclosed Acquirer Funding Deal Description
OVO 0.5* Fozzy Group Strategic M&A Fruit and vegetable delivery service
Scalamandra 0.5* Digis Strategic M&A Team of Scala & Rust engineers
allset Undisclosed SoundHound AI Strategic M&A Food ordering platform to bypass delivery app fees
Adsme Undisclosed JobCannon Strategic M&A Prediction for targeting advertising
2024
AVentures Capital
36
* Estimate

Recommended for you

UBS Tech Disrupt_March 2023.pdf
UBS Tech Disrupt_March 2023.pdfUBS Tech Disrupt_March 2023.pdf
UBS Tech Disrupt_March 2023.pdf

- Tech Nation has supported over 5000 startups and scaleups in the UK, raising over $30B and generating over £600M in economic value. - The UK tech sector has shown resilience during a global pullback in venture capital, raising $30B in 2022 compared to $41B in 2021. - Emerging areas of strength for the UK include fintech, with over $11B raised, and deep tech, with over $4.7B raised. - The government has committed over $3B to areas like quantum technology, AI, and the future of computing to support the UK becoming a global science superpower.

uk techtech nationtech city
Portuguese Startup Scene Report 2022
Portuguese Startup Scene Report 2022Portuguese Startup Scene Report 2022
Portuguese Startup Scene Report 2022

This document summarizes the Portuguese startup scene report for 2022 from Armilar Venture Partners. Some key findings include: - Investment in Portuguese startups declined in 2022 with 118 rounds totaling €839M, down from 159 rounds and €1.4B in 2021. - Later stage rounds declined the most, dropping 60% from 2021 levels. However, the top 10 rounds accounted for over 70% of total funding. - Pre-seed and seed stage financing continued growing in 2022 despite the contraction, while Series A median round sizes saw a slight reduction. - Portugal Ventures was the most active investor overall, while Demium Capital led in pre-seed rounds among international investors. -

armilarearly stageentrepreneurship
Ukrainian Venture Capital and Private Equity Overview 2015
Ukrainian Venture Capital and Private Equity Overview 2015Ukrainian Venture Capital and Private Equity Overview 2015
Ukrainian Venture Capital and Private Equity Overview 2015

An overview of major developments and trends in the Ukrainian venture capital and private equity industry in 2015

private equityuvcaukraine
Grants of 2024 so far
Logo Target $m Disclosed Investors Funding Deal Description
CARBOMINER 1.6 European Innovation Council Grant Grant CO₂ modular direct air capture
76 different projects 1.5 Brave1 Grant Grant Military tech
Nanit ROBOT <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Nanit microcontroller education
INPUT SOFT <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Web apps for managing airports and airlines
knopka <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Digitalizing operations in hospitals
Uspacy <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Unified solution for SMBs: CRM, comms, collab
Great Catalog <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant AI marketplace for 3D and BIM models
Melt Water Club <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Eco-friendly water purification tech
formsniper <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant
SaaS for automates filling of tax forms and other
documents
HUMANCREED <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Scholarship platform for talented, vulnerable kids
Genery <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Ecosystem for finding references for filmmakers
Interview.top <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant IT interview platform for faster hiring
2024
AVentures Capital
37
* Estimate
Grants of 2024 so far
Logo Target $m Disclosed Investors Funding Deal Description
CHECK EYE <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant AI screening for chronic disease detection
Functional Textile Lab <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Chemical lab creating fireproof clothing fibers
Playmanity <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Platform offering free gaming via ads
BANK of
Memories
<0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Save and transmit digital assets to the future
Bees Against Mines <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Search for explosives in metal-contaminated areas
better time stories <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Interactive books with comforting family stories
Briller.House <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Network of hubs for carbon-neutral buildings
CARETECH
HUMAN
<0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Remote monitoring of patients at their homes
HAIQU <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Solutions for quantum computers
gios <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant AI math platform and tutor marketplace for K-12
LEZO <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant AI-powered career platform
Mantis Analytics <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Analytics for government and military
2024
AVentures Capital
38
* Estimate
Grants of 2024 so far
Logo Target $m Disclosed Investors Funding Deal Description
Metaenga <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant XR learning platform for the energy sector
OPTYSUN <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Portable solar-powered water purification system
PAXHELPER <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Civil aviation operations platform
PROGALIT <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Automating treatment, prevention of kidney stones
V-ART <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Automating IP licensing for brands and AI tools
2024
AVentures Capital
39
* Estimate
Deals of 2022*
Logo Target $M Disclosed Investors Funding Deal Description
Rentberry 15.0 Crowdfunding on StartEngine, WeFunder, Republic Crowdfunding Series B Platform for long-term housing rental
Helsi 2.5* Undisclosed Strategic Series A* Find doctors, clinics and drugs online
2024
AVentures Capital
40
* Deals disclosed after the publication of last year’s report; the aggregate amounts for 2022 are adjusted in this report

Recommended for you

CEE Software Development: M&A Report 2021
CEE Software Development: M&A Report 2021CEE Software Development: M&A Report 2021
CEE Software Development: M&A Report 2021

Comprehensive coverage of M&A activity in Software Development (IT Outsourcing) industry in CEE region YTD 2021

software developmentoutsourcingcee m&a report
The Rise of Cloud in Europe from Bessemer Venture Partners
The Rise of Cloud in Europe from Bessemer Venture PartnersThe Rise of Cloud in Europe from Bessemer Venture Partners
The Rise of Cloud in Europe from Bessemer Venture Partners

1) The document discusses the rise of cloud computing and technology startups in Europe. Venture capital investment in European tech startups has been trending upwards, with record amounts raised in 2019. 2) Europe is producing more $1 billion outcome companies and has a strong pipeline of "unicorns" (privately held startups valued over $1 billion). Many European decacorn companies (valued over $10 billion) are choosing to keep their headquarters in Europe. 3) The cloud market is growing rapidly and is on track to become the majority of the overall software market within the next 5 years. European cloud companies have seen their total market capitalization increase nearly 14x from 2016-2020.

cloud computingcloudsoftware
The State of European Fintech 2020
The State of European Fintech 2020The State of European Fintech 2020
The State of European Fintech 2020

Chapter 1 - Impact of COVID-19 on FinTech: A resilient European tech growth engine. Overall impact was in line with expectations, except for payments and mortgages. For payments, the e-commerce boost made up for travel falls. Top European FinTechs took this chance to revaluate cost inefficiencies and lived to fight another day with reduced sales and increased customer support. The next 6 to 12 months will be more challenging when new funding is required. Chapter 2 - European FinTech landscape buoyancy enabled by massive government support. 2020 has been surprisingly resilient, with funding up 20% including government programs, but down 10% excluding this. Banking & payments searched for simplicity as an overcrowded

#fintech#entrepreneurship#covid-19
Appendix B – Early-stage portfolios
2024
AVentures Capital
41
Sources: AVentures Capital, u.ventures, Flyer One Ventures (F1V), TA Ventures (TAV)
exited
exited
exited
2024 2024 2024 2023
2023
2023
2023
exited 2023
selected Ukrainian companies
2024
2023
2023
exited exited
2023
2023
2024
2023
exited
* Yevgen Sysoyev’s personal track record
Unicorn*
*
Appendix B – Early-stage portfolios
2024
AVentures Capital
42
Sources: SMRK VC Fund, Sid Ventures Partners, Sigma Software Labs, Investment Capital Ukraine (ICU)
selected Ukrainian companies
exited
exited
2023 2023
2024
2023
2023
2023
2023 2024
2024
exited
exited
exited
2023
2023 2023
2023
2023
2023
2023
exited
Appendix B – Early-stage portfolios
2024
AVentures Capital
43
Sources: TMT Investments, Slava VC, Digital Future, QP Digital, InSoft Partners, Almaz Capital, Angel One Fund, Adventures Lab
2023
2024 2023
2023
2023 2023
selected Ukrainian companies
2023
2023 2023 2023
exited exited
exited 2023
exited
exited
exited
Appendix B – Early-stage portfolios
2024
AVentures Capital
44
Sources: Brise Capital, Hype Ventures, ZAS Ventures, Pragma Tech, hi5, Geek Ventures, Vesna Capital, Flashpoint
selected Ukrainian companies
exited
2023
2024 2024
2023
2023
2023
2023
2023
2023 2024
exited
exited
2023 2024
2024
2023
2024

Recommended for you

2022 Accel Euroscape
2022 Accel Euroscape2022 Accel Euroscape
2022 Accel Euroscape

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?

venture capitalcloud computingsaas
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdfATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf

The document provides an overview of market and M&A trends across various luxury sectors including luxury and lifestyle, cosmetics and fragrances, and food and beverages. The global luxury market grew 14% in 2021 to $1.29 trillion and is projected to have a 7% CAGR through 2025 driven by new billionaires and local consumers representing 90% of sales. M&A deal activity in the luxury sector has also increased with strategic buyers looking to diversify. The cosmetics and fragrances industry is expected to see 5% annual growth through 2025 led by skin care products. Niche fragrances represent a major growth opportunity particularly in China. M&A activity has increased for

Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...

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.

uvcakrestonkreston gcg
Appendix B – Early-stage portfolios
2024
AVentures Capital
45
Sources: Chernovetskyi Investment Group, hypra, iClub, Jooble Venture Lab, Roosh Ventures, NetSolid Investments, Toloka
selected Ukrainian companies
2023
2024
2023
2023
2023
2023 2023
2023
2023
exited
Appendix B – Growth portfolios
2024
AVentures Capital
46
Sources: Horizon Capital, Dragon Capital, Concorde Capital
selected Ukrainian companies
DealBook of Ukraine, 2024 ed.
July 2024
AVentures Capital
http://aventurescapital.com/

More Related Content

What's hot

Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...
Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...
Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...
THIEN BAO TIEN CO., LTD
 
Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...
Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...
Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...
Doan Tran Ngocvu
 
Purchase contract
Purchase contractPurchase contract
Purchase contract
boydaemon
 
Recognition of EC certificates for medical devices and IVDs in Ukraine. Maksy...
Recognition of EC certificatesfor medical devices and IVDs in Ukraine. Maksy...Recognition of EC certificatesfor medical devices and IVDs in Ukraine. Maksy...
Recognition of EC certificates for medical devices and IVDs in Ukraine. Maksy...
Maksym Bagrieiev
 
Report painter in SAP
Report painter in SAPReport painter in SAP
Report painter in SAP
Rajeev Kumar
 
Variant configuration for a bom
Variant configuration for a bomVariant configuration for a bom
Variant configuration for a bom
Sushil Sreekumar
 
Sap sd quest_answer_2009061511245119496
Sap sd quest_answer_2009061511245119496Sap sd quest_answer_2009061511245119496
Sap sd quest_answer_2009061511245119496
Jitender Dalal
 
SAP MM Interview Questions
SAP MM Interview Questions SAP MM Interview Questions
SAP MM Interview Questions
Ahmadreza Shafiee
 
Calibration process
Calibration processCalibration process
Calibration process
Krish Penjarla
 
ML_Tom King 2022.pdf
ML_Tom King 2022.pdfML_Tom King 2022.pdf
ML_Tom King 2022.pdf
Santosh Battini
 
SAP FI-MM Integration presentation which includes all steps
SAP FI-MM Integration presentation which includes all stepsSAP FI-MM Integration presentation which includes all steps
SAP FI-MM Integration presentation which includes all steps
araniyapinak
 
Pipeline process in SAP MM
Pipeline process in SAP MMPipeline process in SAP MM
Pipeline process in SAP MM
srikanth patra
 
Sapprocurement non stock item
Sapprocurement non stock itemSapprocurement non stock item
Sapprocurement non stock item
babloo6
 
Sap shipping point determination
Sap shipping point determinationSap shipping point determination
Sap shipping point determination
Sudheer Reddy Himmathrao
 
[BLT] 특허 기본 및 선행기술조사방법
[BLT] 특허 기본 및 선행기술조사방법[BLT] 특허 기본 및 선행기술조사방법
[BLT] 특허 기본 및 선행기술조사방법
JEONG HAN Eom
 
국제계약실무 기본내용 강의발표자료 김국현 변호사
국제계약실무 기본내용 강의발표자료 김국현 변호사국제계약실무 기본내용 강의발표자료 김국현 변호사
국제계약실무 기본내용 강의발표자료 김국현 변호사
국현 김
 
pdfcoffee.com-tieu-luan-mktqt-1docx.docx
pdfcoffee.com-tieu-luan-mktqt-1docx.docxpdfcoffee.com-tieu-luan-mktqt-1docx.docx
pdfcoffee.com-tieu-luan-mktqt-1docx.docx
LyLyLavie
 
SAP mm module
SAP mm moduleSAP mm module
SAP mm module
Naveen Kumar
 
Split valuation activation
Split valuation activationSplit valuation activation
Split valuation activation
Mohammed Azhad
 
Ctd and e ctd
Ctd and e ctdCtd and e ctd
Ctd and e ctd
Sayeda Salma S.A.
 

What's hot (20)

Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...
Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...
Tài liệu hướng dẫn báo cáo quyết toán hàng gia công và sản xuất xuất khẩu trê...
 
Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...
Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...
Môn thi LÝ THUYẾT PHÁP LUẬT HẢI QUAN - Tài liệu ôn thi cấp Chứng chỉ Nghiệp v...
 
Purchase contract
Purchase contractPurchase contract
Purchase contract
 
Recognition of EC certificates for medical devices and IVDs in Ukraine. Maksy...
Recognition of EC certificatesfor medical devices and IVDs in Ukraine. Maksy...Recognition of EC certificatesfor medical devices and IVDs in Ukraine. Maksy...
Recognition of EC certificates for medical devices and IVDs in Ukraine. Maksy...
 
Report painter in SAP
Report painter in SAPReport painter in SAP
Report painter in SAP
 
Variant configuration for a bom
Variant configuration for a bomVariant configuration for a bom
Variant configuration for a bom
 
Sap sd quest_answer_2009061511245119496
Sap sd quest_answer_2009061511245119496Sap sd quest_answer_2009061511245119496
Sap sd quest_answer_2009061511245119496
 
SAP MM Interview Questions
SAP MM Interview Questions SAP MM Interview Questions
SAP MM Interview Questions
 
Calibration process
Calibration processCalibration process
Calibration process
 
ML_Tom King 2022.pdf
ML_Tom King 2022.pdfML_Tom King 2022.pdf
ML_Tom King 2022.pdf
 
SAP FI-MM Integration presentation which includes all steps
SAP FI-MM Integration presentation which includes all stepsSAP FI-MM Integration presentation which includes all steps
SAP FI-MM Integration presentation which includes all steps
 
Pipeline process in SAP MM
Pipeline process in SAP MMPipeline process in SAP MM
Pipeline process in SAP MM
 
Sapprocurement non stock item
Sapprocurement non stock itemSapprocurement non stock item
Sapprocurement non stock item
 
Sap shipping point determination
Sap shipping point determinationSap shipping point determination
Sap shipping point determination
 
[BLT] 특허 기본 및 선행기술조사방법
[BLT] 특허 기본 및 선행기술조사방법[BLT] 특허 기본 및 선행기술조사방법
[BLT] 특허 기본 및 선행기술조사방법
 
국제계약실무 기본내용 강의발표자료 김국현 변호사
국제계약실무 기본내용 강의발표자료 김국현 변호사국제계약실무 기본내용 강의발표자료 김국현 변호사
국제계약실무 기본내용 강의발표자료 김국현 변호사
 
pdfcoffee.com-tieu-luan-mktqt-1docx.docx
pdfcoffee.com-tieu-luan-mktqt-1docx.docxpdfcoffee.com-tieu-luan-mktqt-1docx.docx
pdfcoffee.com-tieu-luan-mktqt-1docx.docx
 
SAP mm module
SAP mm moduleSAP mm module
SAP mm module
 
Split valuation activation
Split valuation activationSplit valuation activation
Split valuation activation
 
Ctd and e ctd
Ctd and e ctdCtd and e ctd
Ctd and e ctd
 

Similar to DealBook of Ukraine: 2024 edition

DealBook of Ukraine: 2023 edition
DealBook of Ukraine: 2023 editionDealBook of Ukraine: 2023 edition
DealBook of Ukraine: 2023 edition
Yevgen Sysoyev
 
DealBook of Ukraine: 2021 edition
DealBook of Ukraine: 2021 editionDealBook of Ukraine: 2021 edition
DealBook of Ukraine: 2021 edition
Yevgen Sysoyev
 
DealBook of Ukraine: 2022 edition
DealBook of Ukraine: 2022 editionDealBook of Ukraine: 2022 edition
DealBook of Ukraine: 2022 edition
Yevgen Sysoyev
 
AVentures DealBook 2020
AVentures DealBook 2020AVentures DealBook 2020
AVentures DealBook 2020
Yevgen Sysoyev
 
AVentures DealBook 2019
AVentures DealBook 2019AVentures DealBook 2019
AVentures DealBook 2019
Yevgen Sysoyev
 
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
Ukrainian Venture Capital and Private Equity Association
 
AVentures - CEE SoftDev M&A report Oct 2022.pdf
AVentures - CEE SoftDev M&A report Oct 2022.pdfAVentures - CEE SoftDev M&A report Oct 2022.pdf
AVentures - CEE SoftDev M&A report Oct 2022.pdf
Yevgen Sysoyev
 
UBS Tech Disrupt_March 2023.pdf
UBS Tech Disrupt_March 2023.pdfUBS Tech Disrupt_March 2023.pdf
UBS Tech Disrupt_March 2023.pdf
gerardgrech
 
Portuguese Startup Scene Report 2022
Portuguese Startup Scene Report 2022Portuguese Startup Scene Report 2022
Portuguese Startup Scene Report 2022
Armilar
 
Ukrainian Venture Capital and Private Equity Overview 2015
Ukrainian Venture Capital and Private Equity Overview 2015Ukrainian Venture Capital and Private Equity Overview 2015
Ukrainian Venture Capital and Private Equity Overview 2015
Ukrainian Venture Capital and Private Equity Association
 
CEE Software Development: M&A Report 2021
CEE Software Development: M&A Report 2021CEE Software Development: M&A Report 2021
CEE Software Development: M&A Report 2021
Yevgen Sysoyev
 
The Rise of Cloud in Europe from Bessemer Venture Partners
The Rise of Cloud in Europe from Bessemer Venture PartnersThe Rise of Cloud in Europe from Bessemer Venture Partners
The Rise of Cloud in Europe from Bessemer Venture Partners
Bessemer Venture Partners
 
The State of European Fintech 2020
The State of European Fintech 2020The State of European Fintech 2020
The State of European Fintech 2020
Finch Capital
 
2022 Accel Euroscape
2022 Accel Euroscape2022 Accel Euroscape
2022 Accel Euroscape
Philippe Botteri
 
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdfATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
Lucas518833
 
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
Ukrainian Venture Capital and Private Equity Association
 
study_id26617_fintech-in-europe-statista-dossier.pptx
study_id26617_fintech-in-europe-statista-dossier.pptxstudy_id26617_fintech-in-europe-statista-dossier.pptx
study_id26617_fintech-in-europe-statista-dossier.pptx
itsgreeshma98
 
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
Frontline Ventures
 
UK Tech Investment Overview - BNP Paribas
UK Tech Investment Overview - BNP Paribas UK Tech Investment Overview - BNP Paribas
UK Tech Investment Overview - BNP Paribas
gerardgrech
 
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORTTHE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
Frontline Ventures
 

Similar to DealBook of Ukraine: 2024 edition (20)

DealBook of Ukraine: 2023 edition
DealBook of Ukraine: 2023 editionDealBook of Ukraine: 2023 edition
DealBook of Ukraine: 2023 edition
 
DealBook of Ukraine: 2021 edition
DealBook of Ukraine: 2021 editionDealBook of Ukraine: 2021 edition
DealBook of Ukraine: 2021 edition
 
DealBook of Ukraine: 2022 edition
DealBook of Ukraine: 2022 editionDealBook of Ukraine: 2022 edition
DealBook of Ukraine: 2022 edition
 
AVentures DealBook 2020
AVentures DealBook 2020AVentures DealBook 2020
AVentures DealBook 2020
 
AVentures DealBook 2019
AVentures DealBook 2019AVentures DealBook 2019
AVentures DealBook 2019
 
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
Ukraine Deal Review 2021. Tech Venture Capital and Private Equity deals of Uk...
 
AVentures - CEE SoftDev M&A report Oct 2022.pdf
AVentures - CEE SoftDev M&A report Oct 2022.pdfAVentures - CEE SoftDev M&A report Oct 2022.pdf
AVentures - CEE SoftDev M&A report Oct 2022.pdf
 
UBS Tech Disrupt_March 2023.pdf
UBS Tech Disrupt_March 2023.pdfUBS Tech Disrupt_March 2023.pdf
UBS Tech Disrupt_March 2023.pdf
 
Portuguese Startup Scene Report 2022
Portuguese Startup Scene Report 2022Portuguese Startup Scene Report 2022
Portuguese Startup Scene Report 2022
 
Ukrainian Venture Capital and Private Equity Overview 2015
Ukrainian Venture Capital and Private Equity Overview 2015Ukrainian Venture Capital and Private Equity Overview 2015
Ukrainian Venture Capital and Private Equity Overview 2015
 
CEE Software Development: M&A Report 2021
CEE Software Development: M&A Report 2021CEE Software Development: M&A Report 2021
CEE Software Development: M&A Report 2021
 
The Rise of Cloud in Europe from Bessemer Venture Partners
The Rise of Cloud in Europe from Bessemer Venture PartnersThe Rise of Cloud in Europe from Bessemer Venture Partners
The Rise of Cloud in Europe from Bessemer Venture Partners
 
The State of European Fintech 2020
The State of European Fintech 2020The State of European Fintech 2020
The State of European Fintech 2020
 
2022 Accel Euroscape
2022 Accel Euroscape2022 Accel Euroscape
2022 Accel Euroscape
 
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdfATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
ATTRACTIVE INDUSTRIES IN THE “ART DE VIVRE” SECTOR 260722.pdf
 
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
Ukrainian Venture Capital and Private Equity Association (UVCA) and Kreston U...
 
study_id26617_fintech-in-europe-statista-dossier.pptx
study_id26617_fintech-in-europe-statista-dossier.pptxstudy_id26617_fintech-in-europe-statista-dossier.pptx
study_id26617_fintech-in-europe-statista-dossier.pptx
 
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
 
UK Tech Investment Overview - BNP Paribas
UK Tech Investment Overview - BNP Paribas UK Tech Investment Overview - BNP Paribas
UK Tech Investment Overview - BNP Paribas
 
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORTTHE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
THE FRONTLINE & SPEEDINVEST 2019/2020 DACH REPORT
 

More from Yevgen Sysoyev

CEE Software Development: M&A Report 2020
CEE Software Development: M&A Report 2020CEE Software Development: M&A Report 2020
CEE Software Development: M&A Report 2020
Yevgen Sysoyev
 
CEE Software Development M&A Report 2019
CEE Software Development M&A Report 2019CEE Software Development M&A Report 2019
CEE Software Development M&A Report 2019
Yevgen Sysoyev
 
The DealBook of Ukraine 2018 edition
The DealBook of Ukraine 2018 editionThe DealBook of Ukraine 2018 edition
The DealBook of Ukraine 2018 edition
Yevgen Sysoyev
 
NYC event Razom Ukraine: Rise of Ukraine as Technology Nation
NYC event Razom Ukraine: Rise of Ukraine as Technology NationNYC event Razom Ukraine: Rise of Ukraine as Technology Nation
NYC event Razom Ukraine: Rise of Ukraine as Technology Nation
Yevgen Sysoyev
 
Ukraine: The Rise of a Technology Nation
Ukraine: The Rise of a Technology NationUkraine: The Rise of a Technology Nation
Ukraine: The Rise of a Technology Nation
Yevgen Sysoyev
 
Due diligence (аудит) стартапов. Мастер-класс Евгения Сысоева
Due diligence (аудит) стартапов. Мастер-класс Евгения СысоеваDue diligence (аудит) стартапов. Мастер-класс Евгения Сысоева
Due diligence (аудит) стартапов. Мастер-класс Евгения Сысоева
Yevgen Sysoyev
 
ИТ Форум 2015, Запорожье, Евгений Сысоев
ИТ Форум 2015, Запорожье, Евгений СысоевИТ Форум 2015, Запорожье, Евгений Сысоев
ИТ Форум 2015, Запорожье, Евгений Сысоев
Yevgen Sysoyev
 
Ukraine Software Tech
Ukraine Software TechUkraine Software Tech
Ukraine Software Tech
Yevgen Sysoyev
 
Theory & practice on Valuation & Fundraising, Yevgen Sysoyev
Theory & practice on Valuation & Fundraising, Yevgen Sysoyev Theory & practice on Valuation & Fundraising, Yevgen Sysoyev
Theory & practice on Valuation & Fundraising, Yevgen Sysoyev
Yevgen Sysoyev
 
Рыноок ecommerce Украины в 2013-14
Рыноок ecommerce Украины в 2013-14Рыноок ecommerce Украины в 2013-14
Рыноок ecommerce Украины в 2013-14
Yevgen Sysoyev
 
Ukraine Dealbook IT and Internet Market 2012-14
Ukraine Dealbook IT and Internet Market 2012-14Ukraine Dealbook IT and Internet Market 2012-14
Ukraine Dealbook IT and Internet Market 2012-14
Yevgen Sysoyev
 
Terrasoft presentation @ IDCEE2014
Terrasoft presentation @ IDCEE2014Terrasoft presentation @ IDCEE2014
Terrasoft presentation @ IDCEE2014
Yevgen Sysoyev
 
Paymentwall presentation @ IDCEE2014
Paymentwall presentation @ IDCEE2014Paymentwall presentation @ IDCEE2014
Paymentwall presentation @ IDCEE2014
Yevgen Sysoyev
 
Jooble presentation @ IDCEE2014
Jooble presentation @ IDCEE2014Jooble presentation @ IDCEE2014
Jooble presentation @ IDCEE2014
Yevgen Sysoyev
 
InvisibleCRM presentation @ IDCEE2014
InvisibleCRM presentation @ IDCEE2014InvisibleCRM presentation @ IDCEE2014
InvisibleCRM presentation @ IDCEE2014
Yevgen Sysoyev
 
Depositphotos presentation @ IDCEE2014
Depositphotos presentation @ IDCEE2014Depositphotos presentation @ IDCEE2014
Depositphotos presentation @ IDCEE2014
Yevgen Sysoyev
 
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE20142014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014
Yevgen Sysoyev
 
IT is the key economic link between USA and Ukraine
IT is the key economic link between USA and UkraineIT is the key economic link between USA and Ukraine
IT is the key economic link between USA and Ukraine
Yevgen Sysoyev
 
Top 100 Ukrainian IT companies by AVentures Capital
Top 100 Ukrainian IT companies by AVentures CapitalTop 100 Ukrainian IT companies by AVentures Capital
Top 100 Ukrainian IT companies by AVentures Capital
Yevgen Sysoyev
 
Top 100 крупнейших стартапов в Украине по версии AVentures Capital
Top 100 крупнейших стартапов в Украине по версии AVentures CapitalTop 100 крупнейших стартапов в Украине по версии AVentures Capital
Top 100 крупнейших стартапов в Украине по версии AVentures Capital
Yevgen Sysoyev
 

More from Yevgen Sysoyev (20)

CEE Software Development: M&A Report 2020
CEE Software Development: M&A Report 2020CEE Software Development: M&A Report 2020
CEE Software Development: M&A Report 2020
 
CEE Software Development M&A Report 2019
CEE Software Development M&A Report 2019CEE Software Development M&A Report 2019
CEE Software Development M&A Report 2019
 
The DealBook of Ukraine 2018 edition
The DealBook of Ukraine 2018 editionThe DealBook of Ukraine 2018 edition
The DealBook of Ukraine 2018 edition
 
NYC event Razom Ukraine: Rise of Ukraine as Technology Nation
NYC event Razom Ukraine: Rise of Ukraine as Technology NationNYC event Razom Ukraine: Rise of Ukraine as Technology Nation
NYC event Razom Ukraine: Rise of Ukraine as Technology Nation
 
Ukraine: The Rise of a Technology Nation
Ukraine: The Rise of a Technology NationUkraine: The Rise of a Technology Nation
Ukraine: The Rise of a Technology Nation
 
Due diligence (аудит) стартапов. Мастер-класс Евгения Сысоева
Due diligence (аудит) стартапов. Мастер-класс Евгения СысоеваDue diligence (аудит) стартапов. Мастер-класс Евгения Сысоева
Due diligence (аудит) стартапов. Мастер-класс Евгения Сысоева
 
ИТ Форум 2015, Запорожье, Евгений Сысоев
ИТ Форум 2015, Запорожье, Евгений СысоевИТ Форум 2015, Запорожье, Евгений Сысоев
ИТ Форум 2015, Запорожье, Евгений Сысоев
 
Ukraine Software Tech
Ukraine Software TechUkraine Software Tech
Ukraine Software Tech
 
Theory & practice on Valuation & Fundraising, Yevgen Sysoyev
Theory & practice on Valuation & Fundraising, Yevgen Sysoyev Theory & practice on Valuation & Fundraising, Yevgen Sysoyev
Theory & practice on Valuation & Fundraising, Yevgen Sysoyev
 
Рыноок ecommerce Украины в 2013-14
Рыноок ecommerce Украины в 2013-14Рыноок ecommerce Украины в 2013-14
Рыноок ecommerce Украины в 2013-14
 
Ukraine Dealbook IT and Internet Market 2012-14
Ukraine Dealbook IT and Internet Market 2012-14Ukraine Dealbook IT and Internet Market 2012-14
Ukraine Dealbook IT and Internet Market 2012-14
 
Terrasoft presentation @ IDCEE2014
Terrasoft presentation @ IDCEE2014Terrasoft presentation @ IDCEE2014
Terrasoft presentation @ IDCEE2014
 
Paymentwall presentation @ IDCEE2014
Paymentwall presentation @ IDCEE2014Paymentwall presentation @ IDCEE2014
Paymentwall presentation @ IDCEE2014
 
Jooble presentation @ IDCEE2014
Jooble presentation @ IDCEE2014Jooble presentation @ IDCEE2014
Jooble presentation @ IDCEE2014
 
InvisibleCRM presentation @ IDCEE2014
InvisibleCRM presentation @ IDCEE2014InvisibleCRM presentation @ IDCEE2014
InvisibleCRM presentation @ IDCEE2014
 
Depositphotos presentation @ IDCEE2014
Depositphotos presentation @ IDCEE2014Depositphotos presentation @ IDCEE2014
Depositphotos presentation @ IDCEE2014
 
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE20142014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014
 
IT is the key economic link between USA and Ukraine
IT is the key economic link between USA and UkraineIT is the key economic link between USA and Ukraine
IT is the key economic link between USA and Ukraine
 
Top 100 Ukrainian IT companies by AVentures Capital
Top 100 Ukrainian IT companies by AVentures CapitalTop 100 Ukrainian IT companies by AVentures Capital
Top 100 Ukrainian IT companies by AVentures Capital
 
Top 100 крупнейших стартапов в Украине по версии AVentures Capital
Top 100 крупнейших стартапов в Украине по версии AVentures CapitalTop 100 крупнейших стартапов в Украине по версии AVentures Capital
Top 100 крупнейших стартапов в Украине по версии AVentures Capital
 

Recently uploaded

Quantum Communications Q&A with Gemini LLM
Quantum Communications Q&A with Gemini LLMQuantum Communications Q&A with Gemini LLM
Quantum Communications Q&A with Gemini LLM
Vijayananda Mohire
 
UiPath Community Day Kraków: Devs4Devs Conference
UiPath Community Day Kraków: Devs4Devs ConferenceUiPath Community Day Kraków: Devs4Devs Conference
UiPath Community Day Kraków: Devs4Devs Conference
UiPathCommunity
 
How Social Media Hackers Help You to See Your Wife's Message.pdf
How Social Media Hackers Help You to See Your Wife's Message.pdfHow Social Media Hackers Help You to See Your Wife's Message.pdf
How Social Media Hackers Help You to See Your Wife's Message.pdf
HackersList
 
Cookies program to display the information though cookie creation
Cookies program to display the information though cookie creationCookies program to display the information though cookie creation
Cookies program to display the information though cookie creation
shanthidl1
 
Best Practices for Effectively Running dbt in Airflow.pdf
Best Practices for Effectively Running dbt in Airflow.pdfBest Practices for Effectively Running dbt in Airflow.pdf
Best Practices for Effectively Running dbt in Airflow.pdf
Tatiana Al-Chueyr
 
Scaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - Mydbops
Scaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - MydbopsScaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - Mydbops
Scaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - Mydbops
Mydbops
 
20240702 Présentation Plateforme GenAI.pdf
20240702 Présentation Plateforme GenAI.pdf20240702 Présentation Plateforme GenAI.pdf
20240702 Présentation Plateforme GenAI.pdf
Sally Laouacheria
 
Observability For You and Me with OpenTelemetry
Observability For You and Me with OpenTelemetryObservability For You and Me with OpenTelemetry
Observability For You and Me with OpenTelemetry
Eric D. Schabell
 
Quality Patents: Patents That Stand the Test of Time
Quality Patents: Patents That Stand the Test of TimeQuality Patents: Patents That Stand the Test of Time
Quality Patents: Patents That Stand the Test of Time
Aurora Consulting
 
7 Most Powerful Solar Storms in the History of Earth.pdf
7 Most Powerful Solar Storms in the History of Earth.pdf7 Most Powerful Solar Storms in the History of Earth.pdf
7 Most Powerful Solar Storms in the History of Earth.pdf
Enterprise Wired
 
The Increasing Use of the National Research Platform by the CSU Campuses
The Increasing Use of the National Research Platform by the CSU CampusesThe Increasing Use of the National Research Platform by the CSU Campuses
The Increasing Use of the National Research Platform by the CSU Campuses
Larry Smarr
 
The Rise of Supernetwork Data Intensive Computing
The Rise of Supernetwork Data Intensive ComputingThe Rise of Supernetwork Data Intensive Computing
The Rise of Supernetwork Data Intensive Computing
Larry Smarr
 
[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf
[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf
[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf
Kief Morris
 
Research Directions for Cross Reality Interfaces
Research Directions for Cross Reality InterfacesResearch Directions for Cross Reality Interfaces
Research Directions for Cross Reality Interfaces
Mark Billinghurst
 
find out more about the role of autonomous vehicles in facing global challenges
find out more about the role of autonomous vehicles in facing global challengesfind out more about the role of autonomous vehicles in facing global challenges
find out more about the role of autonomous vehicles in facing global challenges
huseindihon
 
論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...
論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...
論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...
Toru Tamaki
 
Coordinate Systems in FME 101 - Webinar Slides
Coordinate Systems in FME 101 - Webinar SlidesCoordinate Systems in FME 101 - Webinar Slides
Coordinate Systems in FME 101 - Webinar Slides
Safe Software
 
Comparison Table of DiskWarrior Alternatives.pdf
Comparison Table of DiskWarrior Alternatives.pdfComparison Table of DiskWarrior Alternatives.pdf
Comparison Table of DiskWarrior Alternatives.pdf
Andrey Yasko
 
How RPA Help in the Transportation and Logistics Industry.pptx
How RPA Help in the Transportation and Logistics Industry.pptxHow RPA Help in the Transportation and Logistics Industry.pptx
How RPA Help in the Transportation and Logistics Industry.pptx
SynapseIndia
 
Best Programming Language for Civil Engineers
Best Programming Language for Civil EngineersBest Programming Language for Civil Engineers
Best Programming Language for Civil Engineers
Awais Yaseen
 

Recently uploaded (20)

Quantum Communications Q&A with Gemini LLM
Quantum Communications Q&A with Gemini LLMQuantum Communications Q&A with Gemini LLM
Quantum Communications Q&A with Gemini LLM
 
UiPath Community Day Kraków: Devs4Devs Conference
UiPath Community Day Kraków: Devs4Devs ConferenceUiPath Community Day Kraków: Devs4Devs Conference
UiPath Community Day Kraków: Devs4Devs Conference
 
How Social Media Hackers Help You to See Your Wife's Message.pdf
How Social Media Hackers Help You to See Your Wife's Message.pdfHow Social Media Hackers Help You to See Your Wife's Message.pdf
How Social Media Hackers Help You to See Your Wife's Message.pdf
 
Cookies program to display the information though cookie creation
Cookies program to display the information though cookie creationCookies program to display the information though cookie creation
Cookies program to display the information though cookie creation
 
Best Practices for Effectively Running dbt in Airflow.pdf
Best Practices for Effectively Running dbt in Airflow.pdfBest Practices for Effectively Running dbt in Airflow.pdf
Best Practices for Effectively Running dbt in Airflow.pdf
 
Scaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - Mydbops
Scaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - MydbopsScaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - Mydbops
Scaling Connections in PostgreSQL Postgres Bangalore(PGBLR) Meetup-2 - Mydbops
 
20240702 Présentation Plateforme GenAI.pdf
20240702 Présentation Plateforme GenAI.pdf20240702 Présentation Plateforme GenAI.pdf
20240702 Présentation Plateforme GenAI.pdf
 
Observability For You and Me with OpenTelemetry
Observability For You and Me with OpenTelemetryObservability For You and Me with OpenTelemetry
Observability For You and Me with OpenTelemetry
 
Quality Patents: Patents That Stand the Test of Time
Quality Patents: Patents That Stand the Test of TimeQuality Patents: Patents That Stand the Test of Time
Quality Patents: Patents That Stand the Test of Time
 
7 Most Powerful Solar Storms in the History of Earth.pdf
7 Most Powerful Solar Storms in the History of Earth.pdf7 Most Powerful Solar Storms in the History of Earth.pdf
7 Most Powerful Solar Storms in the History of Earth.pdf
 
The Increasing Use of the National Research Platform by the CSU Campuses
The Increasing Use of the National Research Platform by the CSU CampusesThe Increasing Use of the National Research Platform by the CSU Campuses
The Increasing Use of the National Research Platform by the CSU Campuses
 
The Rise of Supernetwork Data Intensive Computing
The Rise of Supernetwork Data Intensive ComputingThe Rise of Supernetwork Data Intensive Computing
The Rise of Supernetwork Data Intensive Computing
 
[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf
[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf
[Talk] Moving Beyond Spaghetti Infrastructure [AOTB] 2024-07-04.pdf
 
Research Directions for Cross Reality Interfaces
Research Directions for Cross Reality InterfacesResearch Directions for Cross Reality Interfaces
Research Directions for Cross Reality Interfaces
 
find out more about the role of autonomous vehicles in facing global challenges
find out more about the role of autonomous vehicles in facing global challengesfind out more about the role of autonomous vehicles in facing global challenges
find out more about the role of autonomous vehicles in facing global challenges
 
論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...
論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...
論文紹介:A Systematic Survey of Prompt Engineering on Vision-Language Foundation ...
 
Coordinate Systems in FME 101 - Webinar Slides
Coordinate Systems in FME 101 - Webinar SlidesCoordinate Systems in FME 101 - Webinar Slides
Coordinate Systems in FME 101 - Webinar Slides
 
Comparison Table of DiskWarrior Alternatives.pdf
Comparison Table of DiskWarrior Alternatives.pdfComparison Table of DiskWarrior Alternatives.pdf
Comparison Table of DiskWarrior Alternatives.pdf
 
How RPA Help in the Transportation and Logistics Industry.pptx
How RPA Help in the Transportation and Logistics Industry.pptxHow RPA Help in the Transportation and Logistics Industry.pptx
How RPA Help in the Transportation and Logistics Industry.pptx
 
Best Programming Language for Civil Engineers
Best Programming Language for Civil EngineersBest Programming Language for Civil Engineers
Best Programming Language for Civil Engineers
 

DealBook of Ukraine: 2024 edition

  • 1. DEALBOOK OF UKRAINE July 2024 Covering tech investment deals in Ukraine since 2014 2024 edition
  • 2. About The DealBook is our annual overview of the Ukrainian tech investment ecosystem. This edition covers the full year of 2023 and 1H of 2024 2.5 years of Ukraine's fight for freedom have opened a new chapter for its tech industry. With a growing volume of seed investments, a new booming military tech sector, and record-high fund commitments, Ukraine’s tech ecosystem is poised for recovery We express our gratitude to all the market participants who contributed their data and insights to the report and the international community for continuing to #StandWithUkraine Previous Editions of the DealBook of Ukraine DealBook Ukraine covering 2022 DealBook Ukraine covering 2021 Other Reports on Ukrainian and CEE tech CEE M&A Report 2021 CEE M&A Report 2022 SoftDev Report 2021 2024 AVentures Capital 2
  • 3. Inaccuracies and updates We have done our best to provide accurate and complete information, but we recognize the limits of industry reporting. We will be pleased to receive any corrections, suggestions 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 direct all such inquiries to andriic@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 law. 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 the SlideShare or Google Drive hosting webpage of the report. To publish large extracts or the full report or for other editorial cooperation opportunities, please contact Andrii Chemerysov at andriic@aventurescapital.com Distribution opportunities To inquire about the distribution of this report, please email andriic@aventurescapital.com Disclaimer 2024 AVentures Capital 3
  • 4. 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 our portfolio, AVentures Capital backs talented entrepreneurs from Ukraine and CEE to fuel their global expansion in the US and EU markets Authors of the Report Yevgen Sysoyev Managing Partner ys@aventurescapital.com Yuliya Sychikova Director yuliya@aventurescapital.com Tetyana Torchylo Associate tetyana.torchylo@aventurescapital.com Andrii Chemerysov Analyst andriic@aventurescapital.com Who we are 2024 AVentures Capital 4 Volodymyr Lyashenko Analyst vl@aventurescapital.com
  • 5. Track record: Investments & Advisory Products Outsourcing Advisory Investments NASDAQ: QCOM exited From pre-seed to M&A From pre-seed to Series B From pre-seed to 1.1b valuation From pre-seed to Series B X X exited X exited partially exited From Seed to Series B * X Advisory, M&A NASDAQ: CMPR Advisory, Series B $68m X Buy-side PE deal X Sell-side M&A NASDAQ: GDYN AVentures Capital boasts an outstanding track record in Ukraine’s tech ecosystem A dozen years of a stellar track record in helping build and scale businesses from “zero” to over $50-100m in revenue, eventually leading to exits to US/EU strategics 3 M&A deals with NASDAQ publicly listed companies and a number of double-digit cash- on-cash investments 2024 AVentures Capital 5 * * * * Yevgen Sysoyev’s personal track record partially exited
  • 6. • Investment Banking • M&A strategy development & implementation • Buy-side advisory • Sell-side advisory Professional, client-tailored investment banking services for tech industry: IB & M&A Advisory for tech companies in Central Eastern Europe Investment banking arm 2024 AVentures Capital 6
  • 7. 2023 Overview: looming recovery 2024 AVentures Capital $42m $146m $81m $266m $323m $542m $571m $832m $236m $209m 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 3.6x 1st war year decline In 2023, investment volume decline significantly slowed to just 11% YoY, showing the industry's resilience amid the war Despite the decline, 1H 2024 reveals the signs of recovery, as the deal volume increased 4.1x times compared to 1H 2023 and exceeded volume of 2022-23 7 recovery 59% 5-year CAGR $68m $283m 1H 2023 1H 2024 4.1x 1. Amount for 2022 Series B is adjusted compared to last year’s report; for more details, please see Appendix A, Deals of 2022
  • 8. 2023 Overview: good news 1. In this report, a Ukrainian company is defined as having a Ukrainian co-founder and >30% of the workforce being Ukrainian. 2. This segment represents a funding stage with high deal volume yet not a distinctive series C/D funding. 25% 13% 10% 33% 16% 3% $209m est. total investments in Ukrainian1 Tech Seed ~$52m Grants ~$7m Growth & Secondary² ~$33m Series A ~$27m Series B ~$20m Series C ~$70m Key Findings Although the investment volume this year has somewhat declined, it is still a remarkable resilience given the war. Promisingly, we observe the growth of the investments 1H 2024 vs. 1H 2023 Similar to 2022, early-stage investments account for a 38% share of the total investment volume (vs. 39% in 2022), indicating unwavering trust in the future of Ukraine’s tech sector 2023 also marked the revival of late-stage investments. Growth and Secondary volume increased 3.2x (vs. $10.5m in 2022), and Series C volume increased 1.4x (vs. $50m in 2022) 2024 AVentures Capital 8
  • 9. 2023 Investments by industry 9 2024 AVentures Capital 41% 14% EdTech IT Services ~$85m ~$30m tutor marketplaces, lecture platforms, language learning apps, and learning management software software outsourcing & solutions $209m 14% Finance ~$29m blockchain-based auctions, car financing apps, accounting, etc. … + 5 companies 10% Retail ~$21m robotics, AI-powered pricing, food- ordering platforms 14% Other ~$29m military, real estate, healthcare, marketing & sales, management & operations, developer tools, etc. 7% Entertainment ~$16m voice cloning, AI-powered 3D assets & music, VR … + 4 companies … + 4 companies … + 53 companies
  • 10. Biggest capital raisers 10 2024 AVentures Capital $209m est. total investments in Ukrainian Tech $70m Preply is a global platform for tutors and learners. In 2023, it raised $70m from Horizon Capital, Reach Capital, Hoxton Ventures, Owl Ventures, and others as part of Series C $22m Fintech Farm creates neobanks in developing countries in partnership with traditional banks. In 2023, it raised $22m from Nordstar and others as part of Series D $15m DRESSX is one of the largest retailers of digital fashion. Its investors are Greenfield Capital, Warner Music Group, The Artemis Fund, Slow Ventures, and Red DAO Undisclosed GO IT provides engineering education for the digital professions. Its investor is Horizon Capital as part of Growth stage Undisclosed Viseven creates digital transformation for pharma and life sciences. Its investor is Horizon Capital as part of Growth stage Other Over 100 companies included in the report
  • 11. 18 22 32 11 30 18 39 77 38 52 22 9 3 59 19 26 119 158 53 27 40 31 35 70 49 44 158 235 91 79 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Early-stage: Seed and Series A 11 2024 AVentures Capital Series A Seed *in $m Despite the decrease in Series A funding, Seed rounds grew by 37% YoY. Thus, the volume of Seed investments became the second highest in history, laying the way for the future recovery by investor origin by investor type 1% 31% 32% 36% 1% 2% 3% 29% 4% 61% ~$1m, Undisclosed ~$24m, Foreign + Ukrainian1 ~$26m, Foreign ~$28m, Ukrainian2 ~$0.5m, Accelerator ~$23m, VC + Angel ~$1m, Strategic ~$2m, Angel ~$3m, Undisclosed ~$49m, VC 1. Rounds in which both foreign and Ukrainian investors participated 2. Rounds in which only Ukrainian investors participated
  • 12. Startup to look at in 2024 12 2024 AVentures Capital Launch 2020 Founded by Dmytro Dubilet, Oleksandr Vitiaz, & Nick Bezkrovnyy Azerbaijan 2021 Leobank opening Issues the first 100k cards Series A 2022 Vietnam, Series B 2023 Hits 200k active users in Vietnam and 1m in Azerbaijan. The #1 digital bank in Azerbaijan Raises $22m in Series B round, led by Nordstar, European VCs, angels India 2024 Series B extension from Bank of Georgia, bringing the raised amount to $32m Aims to reach 1m active users in Vietnam Leobank becomes profitable Company raises $7.4m in Series A led by F1V, AVentures, TA Ventures, angels Fintech Farm is a UK-based company that specializes in creating neobanks in emerging markets by partnering with established local banks HQ: R&D: Operations: Team: Total Raised: Featured By: London, UK Ukraine 4 countries & growing 150+ employees $45m1 Fintech Farm aspires to launch in a dozen emerging markets countries and build the #1 digital bank player in emerging markets 1. Forbes estimate Sources: Fintech Farm, AIN, sifted, TechCrunch, Forbes
  • 13. Growing grant opportunities 13 2024 AVentures Capital $6.9m est. grants provided for Ukrainian entrepreneurs in 20231 Others (Undisclosed)2 Launched in 2018, the Ukrainian Startup Fund has distributed a total of $16m in grants ($10k-$50k avg. check). Last year, the fund issued 11 grants via the Dual Use Program, and in 2024, already distributed 27 more (with Seeds of Bravery, WNISEF as partners) 1. Grants calculation is based on public information, as well as on data supplied by the Ukrainian Startup Fund and Brave1 2. Many grantors and funded companies, especially in military tech, prefer to remain undisclosed, only announcing the fact of the deals Brave1 focuses on military tech. It was launched in 2022 by the Ukrainian government. Since then, the cluster has distributed 211 grants for a total of $3.8m, with an average check of $5k-$25k The European Innovation Council Accelerator offers up to €2.5m in grants for R&D and up to €15m in equity investments for market deployment
  • 14. Military tech: a new surging vertical 14 2024 AVentures Capital • Brave1 issued the largest amount of grants for miltech in 2023, amounting to $2.3m • D3 is the first Ukrainian miltech focused VC in 2023, with more being launched • We estimate that Osavul (AI-powered information security) raised the most funding ($1.0m) among miltech companies in 2023 $6.7m est. investments in miltech in 2023, both equity and grants 6.2x miltech job postings on DOU increased YoY, as of June 20241 UAV Cyber & Analytics Frontline Equipment Radio & Sensors Demining Frontline Robotics [Functional Textile Labs]2 [Biodegradable Homeostatic Agent]2 [Bees Against Mines]2 1. Data from the web archive of jobs.dou.ua for June 19, 2024, vs. June 10, 2023. An exact day-to-day comparison is not feasible due to the archive’s limitations. 2. These projects were financed by the Ukrainian Startup Fund (USF) grant programs, yet still do not have website/social media links/logos
  • 15. $532M in announced commitments 15 2024 AVentures Capital $350m $300m1 $42m $39m $23m $20m $19m $10m $10m $10m $5m $3m $1m The local funds continue to attract new commitments, many of which are to be invested in Ukrainian companies • In early 2024, Horizon Capital’s Growth Fund VI closed at $350m, exceeding the target by 40%. Investors include IFC, EBRD (EU), DFC (US), JICA (Japan), and others • A significant number of new commitments also came from grant programs and early-stage investors • In March 2024, UVCA presented the Ukrainian Fund of Funds, which intends to raise $300m, which would make it the second-largest fund ever raised. 1. The fund is to be raised yet ; the number on the chart indicates the initial expected fund size Sources: Horizon Capital, UVCA, European Innovation Council, Brave1, Geek Ventures, D3, 1991 ventures, SMG Capital, Google Support Fund, Roosh, Green Flag, Ukrainian Startup Fund (USF), Angel one.
  • 16. 16 18 Ukrainian VCs are currently raising funds $300m Initial expected Fund of Funds’ size The Ukrainian Fund of Funds is an investment vehicle that enables investors to deploy capital into funds focused on Ukrainian entrepreneurs through an intermediary, receiving commercial benefits Gateway for the world's largest institutional and private investors to invest in Ukraine Rigorous due diligence & comprehensive overview of the highest-performing local funds Transparent management structure & expert team First institutional fund-of-fund investor in VC funds Anchor >30% LP commitments to support fundraising of 25+ GPs Continuous program to strengthen PE, CV and tech ecosystem in Ukraine Ukrainian Fund of Funds ~$1b Projected demand for capital from Ukrainian VCs 50+ Foreign funds interested in CEE region Sources: UVCA, Multiple Capital Note: The UVCA also invites investors and others to commit 1% or more of their available investment capital towards investments that promote the recovery and reconstruction of Ukraine. More about Ukraine 1% Investment Pledge: https://fof.uvca.eu/
  • 17. 17 Ertan Can Founder and Managing Partner of Multiple Capital 20+ years of industry experience, 10 years of VC/LP experience, Top Decile track record Ertan’s track record in managing the Funds of Funds: Andriy Kolodyuk Managing Partner of AVentures Capital, Chairman of UVCA 30+ years of entrepreneurial experience, 20+ years of VC/LP experience 2,100 Funds screened 1,000 GP relationships 50+ Sectors 48 Funds invested 103 GPs/Partners 1,359 Portfolio companies 156 Outliers 23 Unicorns 1 Decacorn Proven management track record Sources: UVCA, Multiple Capital Note: The UVCA also invites investors and others to commit 1% or more of their available investment capital towards investments that promote the recovery and reconstruction of Ukraine. More about Ukraine 1% Investment Pledge: https://fof.uvca.eu/
  • 18. Unicorns co-founded by Ukrainians 2021 2018 2022 2019 Publicly disclosed valuation of >$1.0b … 2024 AVentures Capital 18 Raised $100m in Series D round from Iconiq Capital and others Total valuation: >$1.1b BitFury’s unicorn status was confirmed during $80m financing from Korelya Capital Total valuation: >$2.0b Raised $200m in a round led by Baillie Gifford and BlackRock Total valuation: >$13.0b Raised $107m in Series D funding from Akkadian Ventures, Mubadala Ventures and others Total valuation: $1.1b Raised $51.5m in Series B round from G Squared and others Total valuation: >$1.25b 2024 Raised $200m in a round led by Sapphire Ventures, Volition Capital and Horizon Capital Total valuation: $1.2b
  • 19. Year after year, Creatio delivers 50% revenue growth, fueling further expansion in the no-code market Robust growth Creatio is a leading vendor of a no-code platform to automate CRM and enterprise workflows Leading no-code platform A global team has its representatives in 25 countries and thousands of customers in over 100 countries Global presence New unicorn is born in 2024 19 2024 AVentures Capital Source: public sources As of June 26, 2024, Creatio raised $200m at $1.2b valuation
  • 20. …and Unicorns likely to be 2024 AVentures Capital 20 Manufacturer of security systems for homes Global platform for tutors and learners Health & Fitness mobile apps developer Health& Fitness apps developer Multi-streaming solution for live video content Developer of mobile Ed-tech products Mobile and web developer of IT products Software development Co-founds global tech businesses with CEE entrepreneurs Product Companies
  • 21. Landscape of funds in 20231 Ukrainian Foreign Seed, Series A Series B, Series C, Growth 2024 AVentures Capital 21 1. Due to the decrease in late-stage investments over recent years, the “Series B, Series C, Growth” section includes the funds that made investments in Ukrainian companies in recent years, not just 2023, for illustrative purposes. “Seed, Series A” section highlights the funds that made investments in 2023
  • 22. Notable exits Target Acquirer Sector Description clickdealer Digital Media Solutions Marketing-Sales Global platform to fulfill marketing goals Digitally Inspired Intellias IT Service Full-cycle software development company 7DEVS Euvic Group IT Service Development of web and mobile solutions exoft Euvic Group IT Service Custom software development company Artkai Euvic Group IT Service Customer-centric digital engineering skillsetter Undisclosed Education Get skills to be effective in IT-companies Ukrainian companies continue to draw attention from strategic investors in the US and Europe, though M&A activity has been limited • Co-founded by Max Polyakov, ClickDealer was the largest exit of 2023. The company was acquired by Digital Media Solutions—a publicly traded provider of digital advertisement solutions—for an estimated amount of $45m. The acquisition will help DMS to expand its advertising niche for homeowner services brands in the US market • Since 2022, Polish Euvic Group has become an active local player, acquiring small Ukrainian IT service companies (<100 employees). So far, the group has acquired 4 targets for a total of $5m+ 2024 AVentures Capital 22 Source: Digital Media Solutions, AIN
  • 23. Appendix A – Deal tables Methodology Notes If the deal was conducted in a currency different than the United States dollar, the following exchange rates were used: EUR to USD: 1.07; GBP to USD: 1.24 Loans, corporate bonds, and all other types of debt funding are excluded from funding amounts when the distribution of debt to equity funding is known. Convertible debt is included. A separate category is dedicated to non-equity grant funding Publicly undisclosed deals and undisclosed deal amounts pose a challenge to calculating aggregate amounts and deal classification. Therefore, to make the amounts and classification as accurate as possible, we use estimates to arrive at aggregate amounts and classification categories. Where appropriate, our estimates are stated in the Deal Tables. If known, privileged data is also used when calculating aggregate amounts 2024 AVentures Capital 23
  • 24. Funding deals of 2023 Logo Target $m Disclosed Investors Funding Deal Description Preply 70.0 Horizon Capital, Reach Capital, Hoxton Ventures, Owl Ventures VC Series C Global platform for tutors and learners Fintech Farm 22.0 Redseed, Nordstar VC Series B Neobanks in developing countries DRESSX 15.0 Warner Music Group, The Artemis Fund, Slow Ventures, Red DAO, Greenfield VC Series B* Digital fashion retailer VISEVEN Undisclosed Horizon Capital VC Growth* Digital transformation for pharma and life sciences GO IT Undisclosed Horizon Capital VC Growth* Engineering education - digital professions carmoola 10.5 VentureFriends, TrueSight Ventures, QED Investors, InMotion Ventures VC Series A Direct-to-consumer car finance trinetix 10.0 hypra.fund VC Series A* Trusted global digital product partner newhomesmate 5.5 u.ventures, Unpopular Ventures, SID Venture Partners, Pragmatech Ventures, Pareto Holdings, Geek Ventures, Gaingels, Flyer One Ventures, Asymmetry Ventures, Andrew Izyumov, Vishal Rao, Roman Smolevskiy, Jon Oringer, Jonathan Wasserstrum, Francis Santora, Edward Lando, David J. Morrison VC, Angel Seed Online marketplace to find, compare and buy new construction homes miratech 5.0 Horizon Capital, International Finance Corporation VC Growth* Global IT services and consulting Releaf Paper 4.3 European Innovation Council VC Series A Sustainable paper from fallen leaves 2024 AVentures Capital 24 * Estimate
  • 25. Funding deals of 2023 Logo Target $m Disclosed Investors Funding Deal Description HAIQU 4.0 u.ventures, Toyota Ventures, Soma Capital, SID Venture Partners, Roosh Ventures, Paul Holland, MaC Venture Capital, Gordy Holterman, Alexi Kirilenko VC, Angel Pre-Seed Solutions for quantum computers STROOM 3.5 Greenfield, Lemniscap, No Limit Holdings, Cogitent Ventures, Mission Street, Ankr VC, Angel Seed Liquidity for Bitcoin Lightning Network INSTOCK 3.2 u.ventures, One Way Ventures, Lux Capital, Cybernetix Ventures, Commerce Ventures, Amazon Industrial Innovation Fund VC Seed Warehouse robotics and automation solutions competera 3.0 STRATMINDS, Flyer One Ventures, Verras Capital, SMRK Fund, Transform Partners Fund VC Seed AI-powered retail pricing AiSDR 2.9 Y Combinator, Terrence Rohan, SID Venture Partners, SCM Advisors, Rebel Fund, Rahul Mehta, Pioneer Fund, Nick Bilogorskiy, Matt MacInnis, Flyer One Ventures VC, Angel Seed AI-powered email marketing and sales Helsi 2.5* Undisclosed Strategic Series A* Find doctors, clinics and drugs online MY NFT WARS 2.0 WannaBiz, Vinor Zukhubaia, Social Discovery Group, Nika Tech Family, iLogos Game Studios, Fedor Drozdovski, Blockchain Cuties Universe, Blackshield Capital Management, Alex Potapenko VC, Angel Series A Play-Create-Own-based massively MMORPG kolibrio 2.0 Jump Crypto, Everstake Capital, Delta Blockchain Fund, undisclosed angel investors VC, Angel Seed Building automated blockchain-based auctions GAMETREE 1.7 Sam Yagan, President Victor Yushchenko of Ukraine, Phil Schwarz, Nicolas Stehle, Goodwater Capital, Fullstack Ventures, Felix LaHaye, EXPERT DOJO, Corazon Capital, Coddy Johnson VC, Angel Seed Discover video games, teammates, friends DEUS ROBOTICS 1.5 SMRK VC Fund VC Seed Warehouse robotics engineering and software Masthead Data 1.3 SMOK Ventures, Monochrome Capital, focal, DEPO Ventures, Alchemist Accelerator, undisclosed angel investors VC, Angel Pre-Seed Data observability that catches data anomalies in real time 2024 AVentures Capital 25 * Estimate
  • 26. Funding deals of 2023 Logo Target $m Disclosed Investors Funding Deal Description finmap 1.1 SMOK Ventures, Presto Ventures, Petr Baron, Capital Genetics VC, Angel Seed* Cash flow management tool for SMEs All Right 1.0 Capital Times Investment Advisory, Dmitry Sergeev, Peter Chernyshov Angel Seed* Online English school for children and adults respeecher 1.0 BADideas.fund, Gary Vaynerchuk, ffVC Poland, SID Venture Partners, Investment Capital Ukraine VC, Angel Seed* Voice cloning for creators, movies, games zeely 1.0 ZAS Ventures, Vesna Capital, Imaguru Ventures, Jooble Venture Lab, Angel One, Adrian J Slywotzky, Murat Abdrakhmanov VC, Angel Seed Mobile-first web store & ad builder with AI osavul 1.0 SMRK VC Fund VC Seed AI-powered security against information threats workee 0.9 SMOK Ventures, Slava Ventures, undisclosed angel investors VC, Angel Seed* Freelancer no-code online business management awesomic 0.8 Pioneer Fund, Flyer One Ventures, Red Rooster Ventures, Michael Seibel, Jared Friedman VC, Angel Seed* Platform that helps companies find designers gin e-bikes 0.6 Toloka VC VC Seed Premium e-bikes at affordable prices FARM FLEET 0.6 Undisclosed Undisclosed Seed* Robotics for the agricultural sector ASPICHI 0.5 SMRK VC Fund VC Seed* Developer of virtual reality solutions ComeBack Mobility 0.5 ZAS Ventures, Techstars VC Seed* Smart crutch tips Harmix 0.5 Undisclosed Undisclosed Seed* AI-powered music selection for your video 2024 AVentures Capital 26 * Estimate
  • 27. Funding deals of 2023 Logo Target $m Disclosed Investors Funding Deal Description prengi 0.5 SMRK VC Fund VC Seed All-in-one facility management platform ZIBRA AI 0.5 Speedrun Accelerator of Andreessen Horowitz Accelerator Seed AI-generated 3D assets eTOLLs EU 0.5 Imperia Holding Strategic Seed* Pay tolls and avoid cash lanes on toll roads getpin 0.4 Presto Ventures VC Seed Tool for managing the customer experience on third-party online platforms PLUSPOINT 0.4 Pragmatech Ventures VC Seed* Online reputation management startup INPUT SOFT 0.3 SID Venture Partners, Sigma Software Labs, Torino Cities - Future Techstars Accelerator VC Seed* Web-based software solutions for aviation S.Lab 0.2 ZAS Ventures, Vesna Capital, IT Arena, Sasha Reminnyi VC, Angel Seed* Biodegradable packaging of hemp and mycelium Forbytes 0.2* InSoft.Partners Strategic Pre-Seed* Global software, product development vendor noltic 0.2* InSoft.Partners Strategic Pre-Seed* Salesforce consulting and development Vakoms 0.2* InSoft.Partners Strategic Pre-Seed* Consulting, development for IoT, Embedded MARK 0.2 Maksym Demianiuk Angel Seed Virtual personal medical assistant GO TO-U 0.2 Angel One Fund Angel Pre-Seed* Platform for EV charging management 2024 AVentures Capital 27 * Estimate
  • 28. Funding deals of 2023 Logo Target $m Disclosed Investors Funding Deal Description Rozmova 0.2 Angel One Fund VC Pre-Seed Platform for therapists and clients RevMyWork 0.1 Marty Krátký-Katz, Pavla Bobosikova Angel Pre-Seed Paid IT work review justwork 0.1 Promodo Strategic Pre-Seed* Marketplace for marketers FALCONS <0.1* Undisclosed angel investor Angel Pre-Seed* Develop, test, scale solutions for the military GRISELDA <0.1* Undisclosed angel investor Angel Pre-Seed* High-speed processing of large data streams ZVOOK <0.1* Undisclosed angel investor Angel Pre-Seed* Acoustic detection of low-med altitude projectiles Mantis Analytics <0.1* Angel One Fund, undisclosed angel investor Angel Pre-Seed* Analytics for government and military BANK of memories <0.1* Seier Capital VC Pre-Seed* Save and transmit digital assets to the future DJOOKYX <0.1* Seier Capital VC Pre-Seed* Marketplace of music royalty rights 2024 AVentures Capital 28 * Estimate
  • 29. Funding deals of 2023 Logo Target $m Disclosed Investors Funding Deal Description Cloudprinter Undisclosed u.ventures, Brabant Development Company VC Seed* Global print-on-demand solutions SpeedSize Undisclosed u.ventures VC Seed* AI compression of media content drugcard Undisclosed New Nordic Ventures, Peter Chernyshov VC, Angel Seed Pharmaco-Vigilance with AI Data Intelligence GeekPay Undisclosed Sigma Software Labs Strategic Seed Digital currencies payment tracking platform GigRadar.io Undisclosed Belkins Strategic Pre-Seed* B2B lead generation tool for Upwork agencies SETAFF Undisclosed NetSolid VC Pre-Seed* Affiliate company with SEO Traffic in iGaming Adsee Undisclosed Jooble Strategic Pre-Seed Run recruiting campaigns on social media Saldo Apps Undisclosed hi5 Ventures Strategic Pre-Seed* Sales, accounting automation for SMEs 2024 AVentures Capital 29 * Estimate
  • 30. M&A deals of 2023 Logo Target $m Disclosed Acquirer Funding Deal Description clickdealer 45.0 Digital Media Solutions Strategic M&A Global platform to fulfill marketing goals Newoldstamp 3.1 Blackpearl Group Strategic M&A Email signatures marketing platform 7DEVS Undisclosed Euvic Group Strategic M&A Development of web and mobile solutions exoft Undisclosed Euvic Group Strategic M&A Custom software development company ARTKAI Undisclosed Euvic Group Strategic M&A Customer-centric digital engineering Undisclosed Undisclosed Euvic Group Strategic M&A Undisclosed Agena Tech Undisclosed beleven Strategic M&A Sweden-based technology development Logaster Undisclosed ZenBusiness Strategic M&A Online logo maker Plai Undisclosed Peoplelogic Strategic M&A People performance management tool skillsetter Undisclosed Undisclosed Strategic M&A IT-focused EdTech teraz work Undisclosed Jooble Strategic M&A Marketplace for freelance recruiters 2024 AVentures Capital 30 * Estimate
  • 31. Grants of 2023 Logo Target $m Disclosed Investors Funding Deal Description Releaf paper 2.7 European Innovation Council Grant Grant Sustainable paper from fallen leaves 135 different projects 2.3 Brave1 Grant Grant Military tech Handy.ai <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Team coordination, customer service, operations CRAFTRUDER (ConcreteFlow) <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant 3D printed construction blocks UKROPTER <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Quadcopter and VTOL UAVs MODULE <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant No-tech application development Biodegradable Hemostatic Agent <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Collagen matrix for effective bleeding stoppage Bees Against Mines <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Search for explosives in metal-contaminated areas Ukraine Global Faculty <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Free online lectures from leading professors ClinCaseQuest <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Medical simulation learning platform Simple ZNO <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Preparation for Ukrainian high school exit exams Cardio AI <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant AI powered ECG analysis platform 2024 AVentures Capital 31 * Estimate
  • 32. Grants of 2023 Logo Target $m Disclosed Investors Funding Deal Description smart ion <0.1 Ukrainian Startup Fund, Dual Use Program Grant Grant Smart home modules for lighting and appliances Revisor <0.1 Ukrainian Startup Fund, Glovo Ukraine Startup Lab Grant Grant Customer feedback and NPS management DEEP LOYALTY <0.1 Ukrainian Startup Fund, Glovo Ukraine Startup Lab Grant Grant Mobile app for retail loyalty programs NUMO ADHD <0.1 Ukrainian Startup Fund, IT Arena Grant Grant Support and productivity for people with ADHD spendbase <0.1 Ukrainian Startup Fund, Glovo Ukraine Startup Lab Grant Grant Tracking, optimizing, and reducing software costs jetbeep <0.1 Ukrainian Startup Fund, IT Arena Grant Grant Autonomous postal points GAMETREE Undisclosed Overwolf Grant Grant Discover video games, teammates, friends 2024 AVentures Capital 32 * Estimate
  • 33. Funding deals of 2024 so far Logo Target $m Disclosed Investors Funding Deal Description Creatio 200.0 Sapphire Ventures, StepStone Group, Volition Capital, Horizon Capital VC Series C No-code CRM and workflow automation platform carmoola 19.2 QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, u.ventures VC Series B Direct-to-consumer car finance Fintech Farm 10* Bank of Georgia Strategic Series B Neobanks in developing countries OneNotary 5.0 Jackson Square Ventures, u.ventures, DocuSign Ventures, GoodPaper Ventures, Digital Future, The LegalTech Fund, Tom Gonser VC, Angel Series A Online notary service Portal AI 5.0 StratMinds VC, AGI House Ventures, BBQ Capital, The Patel, Amanda Schloss, Broocknell Ventures VC Series A Unified operations and management AI for SMEs Esper Bionics 5.0 YZR Capital, u.ventures, European Bank for Reconstruction and Development (EBRD) VC Series A* Bionic prosthetics using AI and cloud data storage KURS ORBITAL 4.0 OTB Ventures, Credo Ventures, Galaxia, In-Q-Tel, Inovo VC Seed* Docking with non-cooperative objects in space Choice QR 2.5 J&T Ventures, Reflex Capital, Presto Ventures VC Seed All-in-one SaaS solution for restaurants ARKIS 2.3 gumi Cryptos Capital, Roosh Ventures, G1 Ventures, Psalion VC VC Seed Raise funds for cryptocurrency operations OpenDelta 2.2 6th Man Ventures, Boosty Venture Studio VC Pre-Seed* Use bitcoin to create USDO, a synthetic dollar Mindly 2.0 OpenOcean VC, Patrik Backman VC, Angel Seed Marketplace for mental health specialists peopleforce 2.0 Pracuj Ventures VC Seed All-in-one HR platform 2024 AVentures Capital 33 * Estimate
  • 34. Funding deals of 2024 so far Logo Target $m Disclosed Investors Funding Deal Description lilo 1.0 Samuel Akobian, Vasyl' Zadvornyy, Dmytro Shymkiv Angel Pre-Seed B2C insurance in Ukraine Buntar Aerospace 1.0 Undisclosed VC, Angel Seed* Developer of advanced UAVs Beholder 1.0 InnoEnergy, Rockstart, STRT Ventures VC Seed AI for sustainable mineral exploration Bluedot 0.6 United Angels Network, Greg Jackacky, Louis-Christophe Laurent, Alex Orap, Bridget Harris, Daniel ShuHi, Thomas James, Andriy Skoropad, Ivan Kohut, Zbigniew Lukasiak, OnDeck Ventures accelerator, Google for Startups, Daniel Gross Angel Pre-Seed Browser extension for Google Meet AI features HIMERA 0.5 Ivan Dmytrasevich, Oleksandr Reminny, Andriy Sambir, Natalia Sambir, Yevhen Gusarov, Oleksiy Fomichev, Andriy Skoropad, Arnaud Dassier, United Angels Network Angel Pre-Seed* Universal secure communication system HOMErs 0.5 Undisclosed angel investors Angel Pre-Seed* Modular homes Dataisland 0.5 Milleyson Holdings Ltd, Apercon Consulting Group Strategic Pre-Seed* AI assistant for CRM systems Job Cannon 0.5 White Hill Capital VC Pre-Seed* Data-driven recruitment platform Bynesoft 0.3 Undisclosed Strategic Pre-Seed* One API to power all your LLM applications competera 0.3 u.ventures VC Seed* AI-powered retail pricing EUROTRIPS 0.3* Day8 VC Pre-Seed* European group adventures for young people 2024 AVentures Capital 34 * Estimate
  • 35. Funding deals of 2024 so far Logo Target $m Disclosed Investors Funding Deal Description Buntar Aerospace 0.2 Uklon founders Angel Seed* Developer of advanced UAVs CloudAvocado 0.1 ZAS Ventures VC Pre-Seed* Cloud infrastructure cost optimisation Fintellect 0.1 ZAS Ventures VC Pre-Seed* Finance / accounting platform for firms Mantis Analytics <0.1 Alchemist Accelerator, ZAS Ventures VC Pre-Seed* Analytics for government and military memoryOS Undisclosed Vesna Capital VC Pre-Seed Learning and Memory Management tools Dynamiq Undisclosed TA Ventures, Geek Ventures, u.ventures, Diaspora Ventures VC Pre-Seed Developer of an operational platform for corporate gen AI applications. legalnodes Undisclosed Vesna Capital VC Pre-Seed Legal platform that enables businesses to set up and operate internationally 2024 AVentures Capital 35 * Estimate
  • 36. M&A deals of 2024 so far Logo Target $m Disclosed Acquirer Funding Deal Description OVO 0.5* Fozzy Group Strategic M&A Fruit and vegetable delivery service Scalamandra 0.5* Digis Strategic M&A Team of Scala & Rust engineers allset Undisclosed SoundHound AI Strategic M&A Food ordering platform to bypass delivery app fees Adsme Undisclosed JobCannon Strategic M&A Prediction for targeting advertising 2024 AVentures Capital 36 * Estimate
  • 37. Grants of 2024 so far Logo Target $m Disclosed Investors Funding Deal Description CARBOMINER 1.6 European Innovation Council Grant Grant CO₂ modular direct air capture 76 different projects 1.5 Brave1 Grant Grant Military tech Nanit ROBOT <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Nanit microcontroller education INPUT SOFT <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Web apps for managing airports and airlines knopka <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Digitalizing operations in hospitals Uspacy <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Unified solution for SMBs: CRM, comms, collab Great Catalog <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant AI marketplace for 3D and BIM models Melt Water Club <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Eco-friendly water purification tech formsniper <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant SaaS for automates filling of tax forms and other documents HUMANCREED <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Scholarship platform for talented, vulnerable kids Genery <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Ecosystem for finding references for filmmakers Interview.top <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant IT interview platform for faster hiring 2024 AVentures Capital 37 * Estimate
  • 38. Grants of 2024 so far Logo Target $m Disclosed Investors Funding Deal Description CHECK EYE <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant AI screening for chronic disease detection Functional Textile Lab <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Chemical lab creating fireproof clothing fibers Playmanity <0.1 Ukrainian Startup Fund, Western NIS Enterprise Fund Grant Grant Platform offering free gaming via ads BANK of Memories <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Save and transmit digital assets to the future Bees Against Mines <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Search for explosives in metal-contaminated areas better time stories <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Interactive books with comforting family stories Briller.House <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Network of hubs for carbon-neutral buildings CARETECH HUMAN <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Remote monitoring of patients at their homes HAIQU <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Solutions for quantum computers gios <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant AI math platform and tutor marketplace for K-12 LEZO <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant AI-powered career platform Mantis Analytics <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Analytics for government and military 2024 AVentures Capital 38 * Estimate
  • 39. Grants of 2024 so far Logo Target $m Disclosed Investors Funding Deal Description Metaenga <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant XR learning platform for the energy sector OPTYSUN <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Portable solar-powered water purification system PAXHELPER <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Civil aviation operations platform PROGALIT <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Automating treatment, prevention of kidney stones V-ART <0.1 Ukrainian Startup Fund, Seeds of Bravery Grant Grant Automating IP licensing for brands and AI tools 2024 AVentures Capital 39 * Estimate
  • 40. Deals of 2022* Logo Target $M Disclosed Investors Funding Deal Description Rentberry 15.0 Crowdfunding on StartEngine, WeFunder, Republic Crowdfunding Series B Platform for long-term housing rental Helsi 2.5* Undisclosed Strategic Series A* Find doctors, clinics and drugs online 2024 AVentures Capital 40 * Deals disclosed after the publication of last year’s report; the aggregate amounts for 2022 are adjusted in this report
  • 41. Appendix B – Early-stage portfolios 2024 AVentures Capital 41 Sources: AVentures Capital, u.ventures, Flyer One Ventures (F1V), TA Ventures (TAV) exited exited exited 2024 2024 2024 2023 2023 2023 2023 exited 2023 selected Ukrainian companies 2024 2023 2023 exited exited 2023 2023 2024 2023 exited * Yevgen Sysoyev’s personal track record Unicorn* *
  • 42. Appendix B – Early-stage portfolios 2024 AVentures Capital 42 Sources: SMRK VC Fund, Sid Ventures Partners, Sigma Software Labs, Investment Capital Ukraine (ICU) selected Ukrainian companies exited exited 2023 2023 2024 2023 2023 2023 2023 2024 2024 exited exited exited 2023 2023 2023 2023 2023 2023 2023 exited
  • 43. Appendix B – Early-stage portfolios 2024 AVentures Capital 43 Sources: TMT Investments, Slava VC, Digital Future, QP Digital, InSoft Partners, Almaz Capital, Angel One Fund, Adventures Lab 2023 2024 2023 2023 2023 2023 selected Ukrainian companies 2023 2023 2023 2023 exited exited exited 2023 exited exited exited
  • 44. Appendix B – Early-stage portfolios 2024 AVentures Capital 44 Sources: Brise Capital, Hype Ventures, ZAS Ventures, Pragma Tech, hi5, Geek Ventures, Vesna Capital, Flashpoint selected Ukrainian companies exited 2023 2024 2024 2023 2023 2023 2023 2023 2023 2024 exited exited 2023 2024 2024 2023 2024
  • 45. Appendix B – Early-stage portfolios 2024 AVentures Capital 45 Sources: Chernovetskyi Investment Group, hypra, iClub, Jooble Venture Lab, Roosh Ventures, NetSolid Investments, Toloka selected Ukrainian companies 2023 2024 2023 2023 2023 2023 2023 2023 2023 exited
  • 46. Appendix B – Growth portfolios 2024 AVentures Capital 46 Sources: Horizon Capital, Dragon Capital, Concorde Capital selected Ukrainian companies
  • 47. DealBook of Ukraine, 2024 ed. July 2024 AVentures Capital http://aventurescapital.com/