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Investment and finance news in Ukraine

Dragon Capital announces sale of Chumak to Delta Wilmar

Dragon Capital announced the sale of its entire stake in Chumak, Ukraine’s leading producer of branded food products, to Delta Wilmar

European Companies Turn to IBM AI and Hybrid Cloud to Help Drive the Next Chapter of Digital Transformation in the Automotive Industry

Volkswagen, Moovster and Vinturas work with IBM to provide business insights across the automotive value chain

Business angel Bas Godska launches venture fund Acrobator Ventures

Bas Godska, an international e-marketing veteran and one of the most prolific business angels in Eastern Europe, announces the launch of Acrobator Ventures

American-Ukrainian startup People.ai raises $60 million from top Silicon Valley funds

Just seven months after a previous $30 million Series B, People.ai, a San Francisco-based startup with Ukrainian roots, announced earlier this week it raised twice as much from prestigious Silicon ...

Kusto-Agro bought an agricultural enterprise in the Zhytomyr region

The target company "Leshchinskoye" is located in the village of Leshchin, Zhytomyr region and has a land bank in the amount of 4.8 thousand hectares

LNZ Group will acquire two agricultural enterprises in Cherkasy region

The Antimonopoly Committee of Ukraine allowed the "Burimka Khutor Kanivtsi company", which is owned by the LNZ Group, to acquire two agricultural enterprises in the Cherkasy region.

Ukrainian startup Time 4 Machine crowdfunds $430,000

A Ukrainian model-making startup, Time 4 Machine, has raised more than $430,000 on the crowdfunding platform Kickstarter to produce its metal, mechanical models

Ukrainian startup AxDraft raises $1.1 million in Silicon Valley to “commoditize legal services”

AxDraft, a Ukrainian document automation startup, has raised $1.1 million from a pool of US investors

SolarGaps won EUR 1 mn grant from European Commission within Horizon 2020 program

SolarGaps became the first Ukrainian startup which received SME Instrument Horizon 2020 Phase 2 grant in ammount of EUR 1 mn of equity free funding

Horizon Capital buys $10 million worth shares of security solution maker Ajax Systems

Horizon Capital, a US-registered, Kyiv (Kiev)-based fund manager, announced Friday an investment in Ajax Systems, a Ukrainian maker of smart security systems.

Israeli adtech company Perion acquires Ukrainian startup for a $3.7 million

Israeli internet company Perion is to pay $3.7 million as it acquires a Ukrainian startup which develops AI-supported ad campaign managing tools

New generation of startup incubators offer local and international opportunities

USAID-funded eō Business Incubators - “first-of-its-kind in Ukraine seed-stage, mentor-driven program for the cultivation of competitive global startup companies and market leaders

Ukrainian Genesis buys OLX businesses in Africa for its Jiji marketplace

Jiji, a leading marketplace for classifieds in Africa, has reached an agreement with Naspers to acquire the activities of OLX, its main competitor, on the African market, including businesses in ...

Jabil Doubles Production Capacity at Uzhgorod Facility

Jabil, a manufacturing solutions provider that delivers design, manufacturing, supply chain and product management services, today opened its expanded facility in Uzhgorod

US investment firm Blackstone to acquire Ukrainian-founded social casino game publisher Murka

Blackstone, a leading global investment firm based in New York City, intends to acquire Murka Ltd and Murka Entertainment Ltd, a Ukrainian-American developer and publisher of online games and ...
431 Banking

EBRD and EU launch SME credit line in Ukraine

New growth and development opportunities for domestic small businesses

Ukrainian-Russian startup raises $1.5 million to teach English to Polish and Spanish kids

AllRight.io, an e-learning startup with Ukrainian and Russian roots, has just secured $1.5 million in a funding round led by Buran Venture Capital
265 Goverment finance

EBRD introduces new rolling stock to Kharkiv

Modern trolleybuses will provide advanced transport solutions for Ukraine’s second largest city

Polish IT Kontrakt acquires Ukrainian IT service provider CoreValue

Insoft Capital and AVentures Capital announced today they sold a majority stake in CoreValue to IT Kontrakt, a leading IT outsourcing service provider based in Poland

DTEK opens Academy DTEK educational business platform at UNIT.City

DTEK Energy Holding has announced the start of transformation of its corporate university into an innovative educational business platform
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