Business news from Ukraine

UKRAINIAN RADAR TECH WITH POLISH IMPERA ALFA TO INVEST EUR 2.5 MLN IN UKRAINIAN STARTUPS

Radar Tech, the developer of sectoral corporate accelerators, has become a partner of the Polish investment fund Impera Alfa Fund, a member of the Radar Tech team, managing partner of Unit.City Max Bakhmatov, said on Facebook.
“Finally they are ready to give money to startups: Radar Tech became a partner of the Polish fund Impera Alfa. Together with the partners we are ready to invest up to EUR 250,000 [20% should be used for R&D), even at the proof to concept stage,” he said.
Radar Tech and Impera Alfa plan to invest a total of EUR 2.5 million in Ukrainian startups.
“First of all, we consider those solutions that were submitted to us earlier or will be submitted to MHP Accelerator 2.0,” Bakhmatov said.
Impera Alfa Fund is a Polish venture fund that invests in startups at early stages.
As reported, earlier Radar Tech, Agrohub and Myronivsky Hliboproduct (MHP) began accepting applications for participation in the second MHP Accelerator 2.0 agricultural startup development program focused on search, acceleration and integration of innovative technologies in agribusiness.

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