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Metaverse News Europe


More than 80 Ukrainian Web3 startups raise $1bn over the past four years

12/20/2022

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While Ukraine ranks third worldwide in the 2022 Global Crypto Adoption Index, Web3 startups with roots in this country have raised nearly $1bn in investments over the past four years, East West Digital News reports.
This and other interesting facts and numbers are contained in a report just published by Hypra, a Lisbon-based Web3 fund with a Ukrainian team. 
According to this report: 
More than 80 Ukrainian or Ukrainian-founded Web3 startups were launched over the past four years;
10 Ukrainian funds invest in blockchain projects and crypto (including TA Ventures, Roosh Ventures, SID Fund, ZBS Capital and Hypra itself);
Some 50 Ukrainian blockchain development companies serve clients worldwide.
Hypra also shares a map of the Ukrainian blockchain ecosystem, and lists the top 15 Web3 companies with Ukrainian roots by valuation.
$25mn in smart money for Web3 startups
Launched in March 2022, Hypra claims to have already raised over $25mn.
The fund’s team aims to help Web3 entrepreneurs “efficiently set up operational processes, create dream teams” and “build massive future businesses.” 
Hypra’s support also may involve “ready-to-work [in-house] blockchain development teams” 
In July 2022, Hypra invested $500,000 in EvaCodes, a blockchain development service company based in Kyiv.

Full story here

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  • Home
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  • Nominations
    • Top Global Event
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    • Most Impactful Marketing Advertising Campaign
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    • Most Innovative NFT Project
    • Top 3D Design Firm for Metaverse
    • Top Fashion Brand Initiative
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    • Top Enterprise Productivity initiative
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