Data analytics platform launched to attract $1bln in AI and DeepTech investments to Ukraine

  • Date: 25-May-2022
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Data analytics platform launched to attract $1bln in AI and DeepTech investments to Ukraine

Link to the Ukrainian AI and DeepTech data analytics platform: www.invest-in-ukraine.tech

DKA’s post-war rebuilding effort aims to support Ukrainian entrepreneurs and companies in finding the right partners, raising capital and gaining access to the data, tools and expertise they need to set up and scale their businesses. The platform will also allow Ukrainian companies to automate and manage their relationships with existing and potential partners and investors.

It enables international investors to identify, assess and directly invest, choosing from 450 Ukrainian DeepTech and AI companies that were mapped in DKA’s recent DeepTech and AI Ecosystem in Ukraine report. An analytical case study also details 250 investment funds and angel investors represented on the platform.

The influx of capital this platform aiming to achieve is meant to shift Ukraine’s pre-war position from a tech outsourcing hub to becoming one of the leading international tech centres in Europe following the war. In 2021, Venture Capital and Private Equity investments in Ukrainian companies applying AI stood at $440.9 million, significunt increase from the drop in 2020.

According to a Ukrainian Startup Fund survey, since the start of the war 71% of Ukrainian startups haven't relocated abroad, 39% are dealing with quite a short cash runway and 28%