1.
Getting to know the
Ukrainian Venture Capital
Market and the Startup
Scene

2.
WannaBiz
Founded in 2012 as a business
incubator
Transformed into a venture
seed fund in 2015
M
E
M
B
E
R

3.
Industry snapshot 2016
● 87 deals (32% growth in number 2016 vs 2015)
● $87 mln total capital invested (125% up over 2014,
33% down over 2015)
● $525k average deal size at seed stage (31% growth
in average 2016 vs 2015)
● 8 exits by VC and PE funds
UkrainianVentureCapitalandPrivateEquity
Overview2016

4.
UkrainianVentureCapitalandPrivateEquity
Overview2016
Investors overview
● 5 incubators and accelerators
● 17 venture capital funds
● 8 private equity funds
● 1 corporate fund

5.
(Average)
● Portfolio: 20
● Ticket: $50K -
10M
● Seed stage
● International
presence
Investors overview
UkrainianVentureCapitalandPrivateEquity
Overview2016

6.
UAngeldealflowoverview2016
Assessment of Ukrainian startups by angels
Weaknesses
● Lack of entrepreneurial
experience
● Leg behind trends
● Raising investments on concept
stage
● Lack of breakthrough and
unique ideas
● Lifestyle entrepreneurship
● Focus on technical aspects
instead of potential capabilities
Strengths
● High IT potential
● Excellent IT engineers
● Low valuation of projects
● No competition for the objects
of investment with other angels

7.
● Most promising: AI,
BigData, Delivery, Agro,
Fintech
● Completed investments:
AdTech & Social Media,
marketplace & e-
commerce
● Less alluring: Fashion &
Lifestyle
Ukrainianseedinvestmentmarketoverview2015-
2016
Angels spheres of
interest 2015-2016

8.
UAngeldealflowoverview2016
Ukraine: top-5 verticals where
startups have successful
achievements
● PaaS
● Marketplace
● IoT/Hardware
● Mobile
● E-commerce
UAngel dealflow overview 2016

9.
Ukraine - international rankings
UkrainianVentureCapitalandPrivateEquity
Overview2016
Kiev is among Top 10
least expensive cities
for living. It helps to
reduce operation costs
for companies based in
Ukraine.
100+ multinational
R&D centers are based
in Ukraine, including
Samsung, Huawei,
Siemens, Playtech etc.

10.
Startup scene
● Total: 3000+
by UVCA,
748 by
Mapped in
UA
● 2015-2016 by
UAngel:
about 300,
90 growing

11.
Co-working spaces
Infrastructure
Incubators/accelerators
Corporate incub-s/acc-s
University initiatives

12.
Alexandra Balkova
a.balkova@wannabiz.com.ua
Thank you!