The investment firm AVentures Capital has published a study of Ukraine’s venture capital and IT market for last year, Dealbook 2022. AIN.Capital shares the key figures.

  • Most of the data for the report has been collected before the war. But the study also includes a few slides about how the war affected this market.
  • The volume of deals in the VC and PE (private equity) markets in 2021 exceeded $832 million, which is more than 45% year-over-year growth.
Investment growth in recent years, all data — Dealbook 2021

According to the report, three companies with Ukrainian roots raised 58% of 2021 funding:

  • Early-stage deals (Seed and Series A) exceeded $240 million a year.
  • There was also significant activity in the M&A segment during the year: more than 28 exits from product and service IT companies.
  • The study also noted that more and more Ukrainian businesses became unicorns: Grammarly, People.ai, GitHub, Bitfury.
  • The most active investors in the Ukrainian market were the following funds:
  • The report also mentioned the significant development of the Ukrainian aerospace industry and military technologies.

You can also see editions of Dealbooks for previous years:

Dealbook 2019: all public deals + top 21 most profitable product companies in Ukraine
Research: Top 10 deals in the Ukrainian venture capital market for 2018