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French and US businessmen announce €50 million new fund for Ukrainian startups

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French and US businessmen announce €50 million new fund for Ukrainian startups

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A team of French and US industry veterans is in the process of raising €50 million to  support Ukrainian startups.

We are on track for a first closing in Q2 2023, with more than half of the capital to be funded at that stage.

Dominique Piotet

Piotet, who heads the Kyiv chapter of La French Tech, has garnered the support of the French authorities. In mid-December, the French and Ukrainian governments agreed on a roadmap to develop a bilateral development program in the field of technologies. Among other goals, the program aims to favor the emergence of private startup investment funds. 

Read more via UADN


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