Web3 developer EvaCodes attracted інвестицій 500,000 investment: the company plans to hire new specialists

Startup EvaCodes, which specializes in contract development in the blockchain field, received 5 500 thousand from the Hypra Foundation, writes Forbes.

Major EvaCodes received.500,000 in exchange for the company's shares. Hypra declined to name the company's valuation and the fate received.EvaCodes was founded in 2019 by entrepreneurs Yegor Gavrilenko and Vitaly Basyuk. The company is profitable and is engaged in contract development of products in the blockchain sphere. Most of the clients are crypto and blockchain startups.The startup plans to spend the funds raised on hiring developers, in particular in Ukraine, and attracting 15 new customers by the end of the year. Currently, the company employs 50 IT specialists.As part of the agreement, EvaCodes will become one of the technical teams to which Hypra will send the fund's projects. Details

Hypra is the First Foundation in Ukraine focused only on Web3 projects. It focuses on projects with Ukrainian founders, and the key advantage is the ability to help with operational processes, personnel search, and other issues that complicate the development of startups.

According to the founders, EvaCodes is growing more than twice a year. In addition to Ukraine, about 60% of developers are located in Poland, Estonia and Armenia. All clients are foreign companies. The company's range of services includes: cryptocurrency development, smart contracts, tokens and tokenomics, dApps (decentralized applications), DeFi and Fintech tools, digital banking products, NFT and NFT collection marketplaces, cryptocurrency wallets and exchanges, meta-universe development, EVM, L1/L2, Play to Earn and other blockchain games, Real Estate blockchain platforms, cryptocurrency trading bots, and other Web-3 solutions.