Business news from Ukraine

Business news from Ukraine

INVESTMENT IN UKRAINIAN IT PROJECTS COULD TOTAL $100 MLN BY LATE 2015 – UVCA

23 July , 2015  

KYIV. July 23 (Interfax-Ukraine) – The Ukrainian Venture Capital Association (UVCA) has forecast that around $100 million will be invested in Ukrainian IT projects, UVCA Board Chairman and Managing Partner of AVentures Andriy Kolodiuk wrote on his blog.

He said that in H1 2015, 34 Ukrainian companies raised $11 million of investment, and 20 of them received investment for the first time.

“For all the skeptics and those who judge information only by sums, not paying attention to the core and trends, I have two peaces of news. The first one: $100 million will be invested into Ukrainian IT projects and startups by late 2015, which is several times up on 2014. The second news: two new international investors that are working on investment in the IT area are coming to Ukraine and will invest by the end of the year,” Kolodiuk said.

As reported, Kolodiuk told Interfax-Ukraine that the most promising sectors for investing in Ukraine are projects linked to healthcare, payments, cloud projects and mobile applications.