Welcome to Ukraine!

We invest in Ukraine!

• $2B+ in revenue• 50,000+

engineers• 500+ firms

OUTSOURCING

• $ billions created• 5,000+

engineers• 100+ centers

R&D GLOBAL CO

• $2B worth total value• Thousands

engineers• 2,000+ startups

SOFTWARE TECH

• $2B local market• Thousands

employees• 100+ companies

ECOMMERCE

On one hand, IT industry in Ukraine is over $5B in value and is growing fast. On the other hand, most of the largest IT companies have been built with little external funding, with venture capital market

limited by tens of millions US dollar per year

UKRAINIAN IT SECTOR AS OF LATE 2014

VENTURE ECOSYSTEM AS OF LATE 2014IN

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TICKET

Round A Round B

Few angelswith localresidenceor roots

FFF is stillpredominant

funding method

Pre seed and seed

50 deal/year$15-100k ticket

Number of Ukrainian startups are residents

10-15 deals/year$0.5-1M ticket

Very few deals$1.5-3M

100s/year$15-50k ticket

Growth stage

Very few deals$5-10M+

Gap in the ecosystem while local PE funds (Horizon, Dragon) have their funds fully invested

VENTURE MARKET: KEY HIGHLIGHTS

Total amount of investments, USD million, 2010-2013

Total amount of liquidity events, USD million, 2010-2013

68%

5,7X

• Growing amount and volume of VC deals: in 2013 the amount of investment reached $79m, a 68% increase from 2012

• Seed rounds are dominating: number of seed deals doubled to 44 in 2013 vs. 2011, series A deals tripled from 4 to 12, with the total amount of deals at 24 and 57 accordingly

• The liquidity volume is up until 2013. Decline during 9M 2014 is to recover once there is peace in the region

Source: The Dealbook of Ukraine – UADN and Aventures Capital

$2B+ WORTH STARTUPS

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SECTOR

Online services Mobile eCommerce Software

The largest success stories coming from Ukraine are global niche players that have a truly global businesses with R&D in Ukraine

SUCCESS STORIES FROM UKRAINE

…micro photo stock company, top 4 globally and the world's fastest growing company in their niche. It has major exit and IPO prospects within 3-5 years…

…among TOP-3 job search engines globally operating in 65 countries with an audience over 1 million job seekers per day…

…#1 global payment platform for games, other virtual goods and web services. Over 100+ payment options for 200+ countries. IPO prospects within 3-5 years…

…provides tools for seamless integration of CRM systems and makes users love software. Engineered to increase user adoption and ROI of enterprises. Over 1k customers and 1m paid users globally…

…SaaS technology for spelling and grammar checking. More than 3m registered users worldwide trust Grammarly’s products, which are licensed by over 100 leading universities and corporations…

…global provider of CRM and BPM solutions. Numerous international awards. Is presented in more than 35 countries around the world servicing over 5,000 organizations…

BrainBasket Foundation to invest funds and resources to be invested into training 100,000 IT specialists by 2020 and making the IT industry the #1 exporting industry, contributing over $20B yearly

UAngel is Ukrainian business angel network, providing platform for entrepreneurs to meet investors and for investors to locally and internationally syndicate

UVCA association unites VC and PE investors and promotes investment opportunities in Ukraine, representing interests of investors to policymakers and improving investment and business climate in Ukraine

Innovative Ukraine program is an IT community initiative for government reforms in the IT industry meant to boost the development of the sector and the entire economy of the country

RPR developed reforms to modernize the country. Among other notable initiatives, RPR promotes 3G/4G and reforms to boost innovative and high tech business

UAID association drives the development of high-end and IT technologies in Ukraine through country promotion on foreign markets and internal shifts stimulation

IT COMMUNITY INITIATIVES IN 2014 ALONE

Innovative Ukraine

UVCA

Brain Basket Foundation

UAngel

Ukrainian Venture Capital

and Private Equity

Association

Innovative Ukraine

RPR(Reanimation Package of Reforms)

Ukrainian Association for

Innovation Development

9

10

Chairman of Supervisory Board, UVCAManaging Partner, AVentures Capital

11

S T R I C T L Y C O N F I D E N T I A L12

10 NEW INVESTORS STARTED INVESTING IN UKRAINIAN STARTUPS IN 2014

- Torben MajgaardВенчурный фонд

BeValue

In 2014 were successfully held 60 Investment deals -

The Dealbook

of Ukraine by AVentures Capital and Ukraine Digital News.

20 Ukrainian projects have been already invested in 2015

Ukrainian IT project is invested every week;

Join us and coinvest with us!

Contacts:a.kolodyuk.infoaventurescapital.comua.linkedin.com/in/andkol