We are delighted to reveal and share with you our latest exclusive report: Meet STORMY DECADE, a ten-year retrospective on the Ukrainian Investment Landscape!

The study provides a comprehensive overview of Venture Capital, Private Equity, M&A, and privatisation from 2014 to 2024. Furthermore, it summarises key trends, highlights significant deals, analyses the impact of external factors (particularly the full-scale war), and outlines prospects.

Several teasers are as follows:

• Total investment volume estimated at up to $9.4 bn.

• The number of documented deals reaches over 1400.

• 60% of investment activity lies in the tech sector.

• A shift towards military tech, green energy, agriculture, and infrastructure.

• Key economic indicators have not only recovered, but in many cases surpassed pre-war levels.

• Lack of institutional capital: Compared to the regional benchmarks, Ukraine has significantly fewer active fund managers relative to GDP.

• Nevertheless, about three dozen funds with a focus on Ukrainian projects are currently attracting new capital worth over $4 bn, including $300 mln Ukrainian Fund of Funds.

• Most M&A transactions are between Ukrainian companies: Key sectors are TMT, agriculture, industry, and consumer goods.

The full version is available at this link.

Our sincere gratitude to partners, namely Horizon Capital, Crowe Mikhailenko, Diligent Capital Partners, and Wolf Theiss, as well as numerous contributors.