Weekly TechUkraine Digest 2021

What has happened in the Ukrainian tech market on 2-6 August 2021?

R&D, new offices in Ukraine

The USA streaming software giant Roku will open an R & D office in Kyiv. Now the company opened 2 positions Site Director and Senior Technical Recruiter – read

Ukrainian tech giant SoftServe opens an office in Dubai to provide turnkey solutions in the Middle East region. New hub will develop innovations in AI, machine learning, cloud services, and online banking – read

Venture capital and startups: 

Estonian ride-hailing company Bolt, with R&D center in Ukraine, has raised $713 million of investment from Sequoia, Tekne, Ghisallo, and existing G Squared, D1 Capital, and Naya with valuation $4.75 billion – read

Danish customer service solution that evolved into a customer engagement platform Dixa, with an R&D office in Ukraine, announced a Series C funding round totalling around €89 million. Dixa has offices in Copenhagen, London, New York, Berlin, Kyiv, Tel Aviv and Melbourne – read

German online car part retailer Autodoc is preparing a Frankfurt stock market flotation in the autumn that could value it at about 5 billion euros ($5.93 billion).Autodoc operates in Ukraine since 2017, has 3 offices (Kyiv, Kharkiv and Odesa) and over 1000 employees – read

Ukrainian startup developing an online law services platform Legal Nodes, founded by Margarita Sivakova, Nestor Dubnevych, and Max Maliuk has announced closing a $300K pre-seed round by an angel syndicate of angel investors LIFT99co, Hype Ventures fund, and others – read

Ukrainian startup Awesomic, founded by Roman Sevast and Stacy Pavlyshyna, was selected for the summer acceleration program Y Combinator and raised $125K of investments. Awesomic develops an algorithm that connects companies with proven designers – read

Ukrainian Startup Fund announced the winners of the 28th Pitch Day. The 10 pre-seed stage startups that got investments in a total amount of $250 thousand ($25,000 to each): Agrotop UA, Clasee, MySat UA, Sugarrr, LuLL world (KOLYHVA), Deputy.ua, Zeely, Smart ION, SolidERP, Insolar-T – read

Ukrainian venture capital fund Genesis Investment has become a lead investor in the latest funding round initiated by Estonian education technology startup 99math that has drawn a total of $1 million – read

Ecosystem news:

The Ukrainian developer and manufacturer of smart security systems Ajax Systems surpassed the mark of a million users globally. In July, the company opened its first service centre in Kyiv. Previously, Ajax’s CEO announced expansion in the USA, Canada, Latin America, and India – read

Ex-CEO of Bolt Ukraine Taras Potichnyi joined the Kyiv-based e-commerce platform for medicine delivery Liki24.com as the Vice-President of Expansion. The company has recently opened a new market in Bucharest, Romania. Last year the company kicked off in Poland and now operates in 3 cities: Warsaw, Krakiv, Gdansk – read

Ukrainian retail chain Fozzy Group (Silpo, Le Silpo, Fora, FOZZY Cash&Carry) is developing the marketplace MauDauread

Ragnar Sass, founder of Pipedrive (unicorn), LIFT99co & Salto, and investor in 40+ startups, has put together 24 questions he considers when investing in startups read

Reports:

M&A Radar H1 2021 by KPMG – read

M&A-market of Ukraine 1Q 2021 by Capital Times – read

Via TechUkraine, CNBC, EU-Startups, KyivPost, AIN, Lift99, dev.ua, KPMG

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