About past, present and future of Ukraine

Search mobile

Main Business — The Ukrainian startup Preply will receive $10 million from the IFC, EBRD, and Horizon Capital

Business

The Ukrainian startup Preply will receive $10 million from the IFC, EBRD, and Horizon Capital

11 Dec, 2023
368
The Ukrainian startup Preply will receive $10 million from the IFC, EBRD, and Horizon Capital

Share this article

The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC), in partnership with Horizon Capital, will co-invest in the Ukrainian-founded online language learning platform Preply, Forbes reports.

This investment is part of a $70 million financing initiative led by Horizon Capital. The new capital will enable Preply to expand its initiatives in research and development, integrate AI to enhance the learning experience, and introduce new product lines.

Preply is one of the largest Ukrainian EdTech startups, founded in 2013 by Kyiv residents Kyrylo Bigai, Serhii Lukianov, and Dmytro Voloshyn.

 

odessajournal 0

 

The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...