Venture investments in Ukrainian IT startups increased by 30% last year y-o-y, to $337 million,

Thursday, April 25, 2019
Venture investments in Ukrainian IT startups increased by 30% last year y-o-y, to $337 million,

Venture investments in Ukrainian IT startups increased by 30% last year y-o-y, to $337 million, reports a study by Deloitte and theUkrainian Venture Capital and Private Equity Association. Similarly, the number of deals increased by 29%, to 115. The average investment increased by 12%, to $918,000. Mergers and acquisitions appeared for the first time, with seven deals registered for a total of $25 million.With the collapse of the bit coin boom, the number of ICOs fell from 19 to four. For the smallest of startups, crowdfunding platforms remained popular, with seven campaigns raising a total of $1.4 million.

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