The international venture capital firm TA Ventures jointly with the global network of private investment clubs ICLUB Global have become official partners of PITCH DAY from the Ukrainian Startup Fund. The aim of the partnership is to increase attention to Ukrainian startups and promote them among potential investors.
«Ukrainian Startup Fund is a timely and positive initiative, through which 240+ startups have been supported in two years. It is an honor and responsibility for me to chair the USF Supervisory Board. The TA Ventures team always closely monitors the most interesting startups in our focal points. We look at 3-4 thousand startups a year to invest in 20-30. We present the best of them to the members of our club ICLUB Global. Therefore, our partnership with USF is an important and mutually beneficial step in the joint construction of the startup ecosystem in Ukraine», comments Victoria Tigipko, founder and managing partner of TA Ventures.
TA Ventures is a venture capital firm that invests in technology startups in Europe and North America that are shaping the industries of the future. According to Cambridge Associates, TA Ventures is among the top 25 global venture funds with a net return above 25%. The fund has existed since 2010. During this time, 200+ investments were made, more than 60 of them were implemented (including 6 IPOs). TA Ventures focus verticals: digital health, mobility and logistics, enterprise software, consumer technology, financial technology.
ICLUB Global is a global network of private investment clubs founded by TA Ventures. ICLUB provides an opportunity to invest in European and American startups together with TA Ventures. Currently, the club has more than 200 members. ICLUB Global is open in Kyiv, Dubai, London, Monaco, Minsk, Almaty, Cyprus. The plans are to open in Zurich, Riyadh, Baku, Malaga, Malta and Tenerife, and to reopen in New York and Miami. ICLUB Global members have already invested in 54+ startups.
According to Pavlo Kartashov, CEO of the Ukrainian Startup Fund, PR is no less important for young startup teams than grants. «In the fund we have already witnessed situations when some startups even refused our funding due to attracting investment after impressive pitches. This is a good sign and that is why we want to deepen this area of work», he added, talking about the preconditions of this initiative.