[TechUkraine report] Ukraine venture capital and private equity markets overview 2020 by UVCA

UVCA – Ukrainian Venture Capital and Private Equity Association and the audit and consulting company Kreston Ukraine present the “Ukraine venture capital and private equity markets overview 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.