Ukrainian IT companies drew $510 million in new investment last year, 1.5 times the level of 2018,

Friday, April 24, 2020
Ukrainian IT companies drew $510 million in new investment last year, 1.5 times the level of 2018,

Ukrainian IT companies drew $510 million in new investment last year, 1.5 times the level of 2018, according to the new annual report by the Ukrainian Venture Capital and Private Equity Association. A total of 115 transactions were concluded with the average value increasing to $5.7 million. The top deals were: GitLab — $268 million; Grammarly — $90 million; People.ai — $60 million; and JiJi.ng — $21 million.

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