UVCA Publishes Overview of Ukrainian Investment Market

The Ukrainian Venture Capital & Private Equity Association (UVCA) published the first overview of Ukrainian investment market displaying current players’ activity, sectors of interest, and portfolio.

The Investors Book identified 34 active investors, which deal with global companies from Ukraine (mostly IT sector). According to the Book, there are 29 funds operating in Ukraine, consisting of:
– 5 incubators and accelerators,
– 1 corporate fund,
– 17 venture capital funds, and
– 6 private equity funds.
Out of the total, 10 funds may participate in rounds A or B, 16 funds are ready to invest in seed startups, 7 funds would invest at the pre-seed stage.
Ukrainian investment funds have 20 portfolio companies on average. Funds are ready to invest from 50k to dozens of millions USD, depending on the fund type and project stage. Thirty-seven percent of the funds may invest from 100k to 1 million USD.

Have a look at the “Book” here

Established in mid-2014 and led by Olga Afanasyeva, CEO, UVCA currently unites 40 members – private equity and venture funds, accelerators, incubators, educational institutions, and non-government organizations that make significant impact on the development of Ukrainian investment market. The association promotes investment opportunities across the country for foreign investment funds, conducts market research, lobbies laws for improving investment and business climate, and implements Invest in Ukraine activities.

Source: finsmes.com

UVCA: aggregate estimate of Ukrainian product IT companies exceeds $2.5 bln

DAVOS. Jan 26 (Interfax-Ukraine) – The sector of Ukrainian product IT companies thanks to a rapid growth in recent years in terms of cost became comparable with the sector of outsourcing IT companies and has a significant potential of growth in the light of experience accumulated, the formation of an appropriate business environment and a high interest of venture investors, head of the supervisory board of the Ukrainian Venture Capital and Private Equity Association (UVCA) Andriy Kolodiuk considers.

“There appear more and more product companies. My total evaluation of product companies exceeds $2.5 billion: one deal with Looksery is $150 million, but we also have a full list of 3,000 start ups and companies in Ukraine. Therefore I am confident that the aggregate value of them has already exceeded $2.5 billion,” he said in an interview with Interfax-Ukraine on the sidelines of the Ukrainian lunch organized by the Pinchuk Foundation in Davos.

Kolodiuk, being also a venture investor, founder and managing partner of AVentures Capital, noted that venture investors invest only in product companies and do not invest in outsourcing.

“Large funds such as (George) Soros Fund, Horizon Capital invest in outsourcing – this is another story. And we invest in product companies because this is the exit [the possibility of selling to the very high profitability], on which this business is built,” he said.

According to him, among the projects available in the portfolio of AVentures, for example, Petcube will cost at least $600 million, and this success encourages other investors to invest.