Ukraine’s ‘unicorns’, or IT companies valued over $1 billion, will increase from two today — GitLab and Bitfury — to seven in 2020, predicts Andriy Kolodyuk, chairman of the Ukraine Venture Capital and Private Equity Association. Saying that 80 venture capital companies came to Ukraine since 2014, he said his association increased its membership last year by one quarter, to 57. “In the next five years, Ukraine will be — along with the UK and Germany – in the top three venture capital and tech hubs of Europe,” he predicted Tuesday before a standing room only audience at the Ukraine House in Davos.
Ukraine’s ‘unicorns’, or IT companies valued over $1 billion, will increase from two today — GitLab and Bitfury — to seven in 2020
