Ukraine launched the Fundraising Lab – the Unicorn Nest initiative with the support and funding of USAID.
“Within the program, we will select 10 Ukrainian startups and help them to attract investments,” said investor Denys Dovgopolyy.
According to him, Ukrainian startups with great product cannot attract investment due to a lack of experience and a limited overview of investment funds. Therefore, a team of entrepreneurs and investors decided to provide services to Ukrainian startups that already have a product in the market with monthly revenues between $20,000–$50,000 per month, and help match them with investment funds that are already familiar with the company’s industry or product.
“We do not work with angel investors because, as a European company, we cannot use our algorithms when working with data on individuals, but we collect and analyze a large amount of data on funds and their deals,” Dovgopolyy said.
“However, we can find up to 200 target funds for such a startup and organize effective and high-quality communication with them“, the investor said.