The funding round was led by 1confirmation, with support from Collider Ventures, F‑Prime Capital, DCG, Coinbase Ventures, Node Capital, and Arrington Capital.

As of now, Finerd has no MVP, users, or any traction, and its burn rate reaches $100,000 per month.

Unicorn alert: IT holding Fintech-IT Group, the developer behind the digital banking ecosystem mono, has become the first fintech in Ukraine with $1B+ valuation.

The new fund was backed by the European Investment Bank (EIB), Bpifrance, and Proparco.

The IT Arena 2025 fund saw support from 1991 VC, Vesna Capital, Presto Tech Horizons, Double Tap Investments, Wolver Ventures, Rockaway Ventures, and Tilia Impact Ventures.

The $1 million round was backed by Varangians, Angel One, MITS Capital, and United Angels Network.

This is the largest investment in a Ukrainian defence tech company since the start of the war.

The investor in the Falcons’ recent funding round is Green Flag Ventures.