Ukrainian Venture Capital and Private Equity Association (UVCA)

Join us in shaping the future at #Davos2025. This is your chance to participate in our exclusive panel on dual-use and defence investments and strategies. If you’re a visionary, policymaker, or thought leader shaping the future of these fields, this is the moment to: - Share your expertise with a high-level global audience. - Connect with investors, decision-makers, and leaders driving policy, investments and innovation. - Be part of groundbreaking conversations that matter. APPLY HERE: https://lnkd.in/dEBPibzN Deadline: Dec 27. #WorldEconomicForum #DualUseTech #SpaceTech #ThoughtLeadership #davos #wef2025 #davos2025

The Polish-Ukrainian Startup Bridge acceleration program has now opened for applications! Our partners are looking for pre-seed and seed-stage/MVP startups, interested in opportunities offered by Polish and European markets. The majority stake in the company should belong to citizens of Ukraine, thus if you are the one, please take the opportunity. The new acceleration program provides the following. 1️⃣ Up to 100,000 PLN (~23,000 EUR) funding for 10 innovative projects over a 2-year acceleration program; 2️⃣ Access to a team of 8 mentors specialising in critical areas such as business model development, financial strategy, marketing, legal frameworks, and investor relations; 3️⃣ Tailored workshops & networking events to connect the teams with industry leaders and peers; 4️⃣ Also, showcase possibilities. Pitch your startup to potential investors and partners during exclusive events. 📯 You can apply at this link till 29 December: https://lnkd.in/dHCbBNAc

This week, our association, represented by UVCA Chairman Andriy Kolodyuk, participated in a session on leveraging private investments for Ukraine’s recovery. The event, organised by the European Commission in Brussels, centred on mobilizing foreign direct investment (FDI) for Ukraine's recovery, reconstruction, and integration into the EU single market—an area of critical interest to us now. 1️⃣ During the session, we emphasized the vital role of private equity in driving Ukraine’s economic growth and advocated for greater attention to small-scale projects, which dominate our region. Currently, the European Commission has launched a call for projects targeting deals exceeding the $50 million threshold, which effectively excludes SMEs and smaller funds from participating in the program. 2️⃣ To bridge this gap, we propose expanding the Ukrainian Investment Framework to include a specific program for projects under the $50 million threshold, while also engaging the European Investment Fund (EIF) to deploy capital into funds that already have an active project list. Among them, for example, is a newly established Ukrainian Fund of Funds. A streamlined approach would involve direct investments in the above funds, which are responsible for managing operational activities like scouting and due diligence. At present, 26 such funds, focused on Ukraine, have a ready-to-execute deal pipeline and an estimated $4 billion in demand. Rolling out this program would significantly bolster Ukraine's private equity and venture capital industries while solidifying EIF's role as a key market-builder. 3️⃣ We are pleased to report that, by the end of the meeting, European Commission representatives acknowledged the need for this initiative and committed to reviewing it following the results of the current pilot call for projects. A positive and encouraging outcome! 🙂 🤝 Our sincere thanks to the host and all the participants, including Orest Tokač, Elena Višnar Malinovská, Serhii Tereshko, Maryna Khlystun, Gabriel Blanc, and Elisabeth S.

As the year approaches its imminent end, UVCA Chairman Andriy Kolodyuk shared with EU Today a column about global challenges, recapping the turmoil: from the war in Ukraine and accelerating climate change to the economic crisis, and the ongoing threat of nuclear conflict as these issues are deeply linked and cannot be tackled in isolation. 📜 The full version is available at this link: https://lnkd.in/e3bdEG-s Thanks, Gary Cartwright, for covering the story ✌ Here’s a photo of us back from the European Business Summit 2023. Ah, the memories.

On January 28-30, 2025 IPEM is bringing together once again Private Markets and Wealth ecosystems for one of the best-in-class events on the French Riviera to explore trends and insights. Join our association at the Cannes Palais des Festivals for countless networking opportunities with EMEA industry leaders. The two-day event will feature workshops and networking, connecting over 250 Single Family Offices, Private Banks, Multi-Family Offices, and Wealth Managers with 500 Funds Managers. Beyond the quality network, you can expect market intelligence sessions to capture trends and innovations; Workshops and sessions to explore the full potential of PE democratization with The Wealth track; And, of course, a Mediterranean Village Atmosphere fostering efficient connections. 🛫 Late Birds rate is up at this link: https://lnkd.in/eatEfTy5 👀 Also, if you are an LP, you can get a free invitation over here: https://lnkd.in/ec7pWFEc #IPEMCannes2025

Last week London hosted the 8th annual Ukrainian Investment Roadshow organised by Strategy Council! The long-standing and popular platform for international emerging markets fund managers, investment bankers and advisors and a wide range of stakeholders from the financial community performed once again, and it was a joy to be there. Numerous topics were covered. From Ukraine’s macroeconomic outlook and government initiatives and progress report on the development of war risk insurance mechanisms to infrastructure, defence and miltech, agribusiness, renewables, critical & rare minerals and opportunities to scale up and significantly grow in PE and VC ecosystems. We sincerely appreciate Stephen Butler and his team for facilitating such an important affair regularly. And now a photo report 📸

We are happy to share a quarterly report for the autumn of 2024, featuring all the biggest marks in UVCA's life. So, what happened over the past three months? 👀 1️⃣ The first Ukrainian Fund of Funds is in full fundraising swing Initiated by UVCA and revealed this spring, the Ukrainian Fund of Funds continues to attract commitments from interested parties. For several months, the association presented FoF to hundreds of potential LPs, GPs and numerous funds across the US and Europe including France, the Netherlands, Brussels, Poland, Czech Republic, and Monaco. If you wish to become part of it or know someone who might be the right match, please reach out to us. 2️⃣ Fund of Funds deep dive While we are on the topic of FoF and in case you want to know more, we recommend a private webinar featuring Andriy in person and dozens of participants to discuss the current state and prospects of the new investment vehicle. 🎥 You can watch it on YouTube at this link: https://lnkd.in/eE4ZpQxt 3️⃣ Welcome a new UVCA member — Dragon Capital Dragon Capital is one of the most influential Ukrainian group of companies in the field of investment and financial services, offering a comprehensive range of products in private equity and asset management, investment banking, equities and fixed-income sales, trading, and research to a wide range of clients. 4️⃣ Pitch to the Beat Cooperation with the Czech Republic continues to grow, as Kyiv hosted Pitch to the Beat, an event featuring pitches of startups, VCs, and guests to the beat of their favourite song! Literally. Among the organizers were N1 Ventures, the Ministry of Industry and Trade of the Czech Republic, and the Embassy of the Czech Republic in Ukraine. 📸 Check the photo report to embrace the mood: https://lnkd.in/epNyE4Jr While the party might seem like a joy, it had a notable impact 5️⃣ The impact. Czech-Ukrainian Investment Summit In November, Černín Palace in Prague hosted the Czech-Ukrainian Investment Summit, which our association co-organized for the first time! The meeting brought together over 50 investors, including many UVCA and Czech Private Equity and Venture Capital Association (CVCA) members, PE and VC fund managers, family offices, and government officials from the Czech Republic, Ukraine, and the EU. TLDR: it was huge. A report is available on LinkedIn: https://lnkd.in/epgfX5Mb 6️⃣ ReBuild Ukraine. This time with UVCA Our association was pleased to support the fourth international exhibition and conference ReBuild Ukraine, dedicated to projects involving technologies, equipment, and materials for the reconstruction of Ukraine. This year, for the first time, the exhibition included a panel discussion on attracting investment in Ukraine's economic and infrastructure recovery processes, organised by UVCA. Until the next quarter 🙂

The 8th annual Ukrainian Investment Roadshow, organised by the Strategy Council, kicks off on December 6, and preparations are underway! London will yet again host the long-standing and popular platform for international emerging markets fund managers, investment bankers and advisors, and a wide range of financial community stakeholders. We are happy to take part in the session “Ukraine And The International Financial Markets – The Importance Of Long-Term Sustainable Relationships” featuring the following quests. ⭐ Yulia Svyrydenko. First Deputy Prime Minister – Minister of Economy of Ukraine; ⭐ Andriy Kolodyuk. Chairman of the Ukrainian Venture Capital & Private Equity Association; ⭐ Artem Shevalev. Alternate Board Member, EBRD; ⭐ Andrii Okolnych. Head of Investor Relations, INTERPIPE; ⭐ Nick Bias. Group Head of Investor Relations & Corporate Communications, FERREXPO PLC; ⭐ Pauline Deschryver. Senior Corporate Finance Manager, DTEK; ⭐ Perry Boyle. Co-Founder, MITS Capital; ⭐ Ihor Olekhov. Partner, Head of Banking & Finance, CMS will moderate the panel.   See you there! 🙂

Since 2018, I have been actively supporting small and medium-sized businesses as Business Incubator Group. Ukraine mentor, and in recent years, I’ve been consulting startups that address Ukraine’s current challenges. That’s why attending the Czech-Ukrainian Investment Summit in Prague was especially meaningful to me—to hear how the Czech Republic plans to invest in Ukraine and help develop our tech potential. The Czech-Ukrainian Investment Summit gathered over 50 professionals at the historic Černín Palace to explore cross-border collaboration. Key Takeaways: 1. Private Equity (PE): Insights from Olena Tertyshnyk 🇺🇦, Konstantin Magaletskyi 🇺🇦🇺🇦🇺🇦, Oleksiy Yergiyev, Nadiia Kaznacheieva, Volodymyr Khmurych CFA, and Jakub Kučera highlighted post-war investment opportunities. Early investors will secure the best deals. 2. Venture Capital (VC): Dmytro Kuzmenko, Andriy Kolodyuk, Roman Nikitov, and Ondrej Homola emphasized the need for European investors to collaborate with local players and maintain a presence in Ukraine. 3. Ukrainian Innovations: Solutions from CheckEye (Kirill Goncharuk), Knopka (Ivan Osadchyy), ConnectiveOne (Sergii Kravtsov), and confidential defense projects showcased the global competitiveness of Ukrainian startups. New Opportunities: • Czech tech investment program launching in 2025. • Ukrainian Fund of Funds open to Czech LPs. Thank you N1, Ukrainian Venture Capital and Private Equity Association (UVCA), CVCA, and the Ministry of Foreign Affairs of the Czech Republic for organizing this impactful event. I was glad to finally meet Andrii Brodetskyi in person, after collaborating virtually on dozens of amazing initiatives—it was great to finally connect face-to-face. Seeing Černín Palace lit up in blue and yellow, along with Ukrainian flags on nearby buildings, deeply moved me—a powerful symbol of solidarity and new partnerships. P.S. Thank you, Andrii Brodetskyi, for the structure of the post, which I borrowed from you—everything was so fast-paced and intense that I needed something to reference to recall all the details!

I had the pleasure of participating in a super productive Czech-Ukrainian Investment Summit in Prague's Černín Palace last week. Over 50 investment professionals from both countries gathered to explore concrete opportunities for collaboration. The agenda covered key aspects of cross-border investment: • PE panel moderated by Olena Tertyshnyk 🇺🇦 focused on practical post-war investment cases. Konstantin Magaletskyi 🇺🇦🇺🇦🇺🇦, Oleksiy Yergiyev, Nadiia Kaznacheieva, Volodymyr Khmurych CFA, and Jakub Kučera shared valuable insights on PE opportunities and co-investment strategies. My takeaway is that while post-war reconstruction will create numerous opportunities, early movers who enter now will likely capture the most attractive deals at better valuations. • In the VC discussion with Dmytro Kuzmenko, Andriy Kolodyuk, Roman Nikitov, and Ondrej Homola we discussed approaches to integrating Ukrainian tech companies into the EU tech/VC ecosystem. My take is that although most Ukrainian startups have distributed teams now, and deals are done by email, European investors must be present in the country and have physical access to the key ecosystem players. At least they need to partner with active local investors willing to share the deal flow. • Ukrainian tech companies presented their solutions, including CheckEye (Kirill Goncharuk), knopka (Ivan Osadchyy), and ConnectiveOne (ex Kwizbot) (Sergii Kravtsov), as well as some non-public defense tech initiatives. Seeing their sophisticated solutions in action made it clear why Ukrainian tech continues to attract EU investors despite the current challenges. Key developments to watch: - New Czech initiative planned for early 2025 focusing on tech investments collaboration - Ukrainian Fund of Funds now open to Czech LPs Thanks to N1, Ukrainian Venture Capital and Private Equity Association (UVCA), Czech Private Equity and Venture Capital Association (CVCA), and the Ministry of Foreign Affairs of the Czech Republic for the thorough organization. The summit laid the groundwork for practical investment cooperation between our countries. Seeing Černín Palace lit up in blue and yellow was the perfect symbol of this budding partnership. Here's to many more deals and collaborations ahead! 💙💛 P.S. It was an absolute pleasure to visit Prague on my first trip abroad in almost three years. What a beautiful city! Also, it was great to catch up with Zero One Hundred Academy community members Kristína Mončeková, Simona Tkacikova, and Filip Flaška. Looking forward to visiting again!