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A venture fund for technological startups has been launched in Ukraine

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The funding of Ukrainian technology companies will provide at an early stage of capital, strategic support and access to the international network.

In Ukraine, private venture of the Ukraine Phoenix Tech Fund startups were launched for 50 million euros. He will help the companies of Ukrainian technology at an early stage. On Saturday, September 27, the minister of digital change said Mikhail Fedorov.

He said the fund was created with the support of the European Investment Bank (EIB).

“Today, with Pierre Elbron, France’s special representative with the help and restoration of Ukraine, announced the launch of Ukraine Phoenix Tech Fund Private Venture Fund for € 50 million,” Fedorov said, adding that it was an important signal of trust in the Ukraine in the global market.

The head of the Ministry of Construction also explained that the funds will provide Ukrainian technological technological technologically at an early stage of capital, strategic support and access to the international network.

According to Fedorov, it will allow startups to compete with the international arena and among the leaders of the change.

Earlier, Fedorov said foreign manufacturers had submitted a thousand applications for weapon testing in Ukraine.

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Source: korrespondent

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