Ukrainian startups Liki24.com and datuum.ai we have attracted new investments. We plan to expand markets and teams

Sid Venture Partners venture fund invests in two Ukrainian startups: pharmaceutical service Liki24.com and a platform for working with data datuum.ai DOU learned the details of the deals, as well as plans to expand the teams and enter new markets.

Main thing on June 27, the Sid Venture Partners venture fund announced investments in two startups with Ukrainian founders: pharmaceutical service Liki24.com and a platform for working with data datuum.ai the fund does not disclose the amount of Investments, estimates of companies and other participants in the round. However, on average, SID Venture Partners invest about 3 300 thousand. Liki24.com it was founded in 2017. Since then, the platform has attracted investments from leading venture funds in Ukraine: Horizon Capital, Flyer One Ventures, TA Ventures, as well as a number of business angels totaling about.6 million. Approximately the company is estimated at 2 20-40 million.

"We continue to actively develop European markets for our services. Today, Romania is the most growing country. We also test services in western European markets, in particular in Italy. We have an internal methodology for launching the market after several tests, so we plan to actively work in the most promising markets this year," the co — founder and CEO said in a comment to DOU. Liki24.com Anton Avrinsky.

In Liki24.com they plan to strengthen the team. The most relevant vacancies now, according to Avrinsky, are Product Manager, Product-Marketing Manager and UX Designer. The company's main offices are located in Bucharest and Kiev, but most of the team can work online. Platform for working with data datuum.ai attracted in the round with the participation of SID up to 9 900 thousand, writes Forbes. Fund receipt in financing datuum.ai it was становив 200 thousand. SID Venture Partners invested in the startup, taking into account the experienced team and the growth of the no-code platform market, which amounted to 1 12.5 billion in 2020 and may grow to.190 billion in 2030. At the same time, the data management market is $85 billion per year. Details

Liki24.com -a platform for searching, comparing prices, as well as fast or scheduled drug delivery, operating in Ukraine and European countries (Romania and Poland). SID Venture Partners invested in the company because of its experienced team and belief in further expansion into global markets. The volume of the pharmaceutical market in Ukraine, Poland, Hungary and Romania alone is more than.20 billion, and in Europe as a whole — more than. 300 billion per year.

datuum.ai -no-code data management platform. Using artificial intelligence datuum.ai allows organizations to extract and recognize, transform, migrate, and create a single database. Startup clients: large and medium-sized businesses, service companies, consulting agencies, BPO projects. The startup, which was founded in May 2021, has two founders: CTO Dmitry Zhuk (co-founder and ex-CTO Sigma Software) and CEO Leonid Nekhimchuk (ex-CTO VisiQuate Inc.).

SID Venture Partners is a venture fund founded in late 2021. The €15 million fund invests in early-stage technology startups. Today, SID Venture Partners has 12 investments. Except Liki24.com and datuum.ai the list includes Awesomic, the Credit Thing, Spokk, and others.

"Our competitive advantage is to find Ukrainian founders and help them globalize. From the very beginning, we built the foundation around the search for Ukrainian founders, and now it is even more relevant. The fund is just over half a year old, but we already see that such a rate is being met and yielding results," Mikhail Sapiton, an analyst and communications leader at SID Venture Partners, told DOU.