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Chernovetskyi Investment Group

Europe, Kyyivs'ka Oblast', Ukraine, Kiev

Description

Chernovetskyi Investment Group (CIG) is a leading venture capital firm headquartered in Kyiv, Ukraine, with additional offices in London and Berlin. Established as a significant player in the Eastern European investment landscape, CIG operates with an investment potential of $100 million, positioning itself as one of the largest venture capitalists in the region. The firm primarily targets early and growth-stage IT projects, demonstrating a keen interest in innovative technologies and scalable business models.

CIG's investment strategy is focused on a diverse range of technology sectors, including marketplaces, fintech, e-commerce, cloud solutions, big data, infrastructure, and mobile applications. The firm typically provides initial cheques ranging from $1 million to $10 million, aiming to support companies through their critical development phases. Beyond capital injection, CIG emphasizes active partnership, leveraging its expertise and network to help portfolio companies scale and achieve their strategic objectives.

To date, Chernovetskyi Investment Group has built a robust portfolio, having invested in over 20 projects across various tech verticals. Their commitment to fostering growth is evident in the fact that their portfolio companies have collectively secured more than $300 million in follow-on funding rounds from other investors, underscoring the quality and potential of their chosen ventures. Notable past successes include the exits of KupiVip and EVO.company, demonstrating CIG's ability to identify and nurture promising startups to successful outcomes. The firm continues to seek out disruptive technologies and ambitious teams, solidifying its reputation as a key enabler of technological innovation in the region and beyond.

Investor Profile

Chernovetskyi Investment Group has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 16 rounds, about 70% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in India, United States, Ukraine.
  • Strong thematic focus on E-Commerce, Marketplace, Retail.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series A (43%)
  • Seed (17%)
  • Series Unknown (13%)
  • Grant (9%)
  • Pre Seed (9%)
  • Series B (9%)

Country Focus

  • India (43%)
  • United States (17%)
  • Ukraine (17%)
  • Israel (9%)
  • Lithuania (4%)
  • Poland (4%)
  • United Arab Emirates (4%)

Industry Focus

  • E-commerce
  • Marketplace
  • Retail
  • Automotive
  • Food And Beverage
  • Food Delivery
  • Online Portals
  • Advertising
  • Information Services
  • Restaurants
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Chernovetskyi Investment Group frequently co-invest with?

Savour Ventures
Asia, Al Kuwayt, Kuwait, Kuwait
Co-Investments: 1
Das Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
500 Global
North America, California, United States, San Francisco
Co-Investments: 2
Millhouse
Europe, England, United Kingdom, London
Co-Investments: 1
Polestar
Europe, Vastra Gotaland, Sweden, Göteborg
Co-Investments: 1
M&S Partners
Africa, Pamplemousses, Mauritius, Calebasses
Co-Investments: 1
Volvo Cars Tech Fund
North America, California, United States, Mountain View
Co-Investments: 1
Ola Electric
Asia, Karnataka, India, Bengaluru
Co-Investments: 1
Mistletoe
Asia, Tokyo, Japan, Tokyo
Co-Investments: 1
Saha Fund
Asia, Karnataka, India, Bengaluru
Co-Investments: 1

Which angels does Chernovetskyi Investment Group often collaborate with?

RS
Europe, Ternopil's'ka Oblast', Ukraine, Ternopil
Shared Deals: 1
MS
North America, California, United States, San Jose
Shared Deals: 1

What are some of recent deals done by Chernovetskyi Investment Group?

Naratta

Wilmington, Delaware, United States

Proactive AI-based Meeting Moderator

B2BMeeting SoftwareProductivity ToolsSaaS
GrantJun 30, 2023
Amount Raised: $9,000
Adbuy

Wilmington, Delaware, United States

Adbuy is an AI tool for quickly launching effective multi-channel advertising for small businesses.

AdvertisingAdvertising PlatformsSocial Media Advertising
GrantJul 1, 2022
Amount Raised: $8,500
StoreDot

Herzliya, Tel Aviv, Israel

StoreDot is a startup that develops batteries to replace the lithium-ion components used on drones and electric cars.

Advanced MaterialsAutomotiveBatteryElectric Vehicle
Series UnknownMay 24, 2022
boodmo

Gurgaon, Haryana, India

boodmo is India’s number one online marketplace of automotive spare parts and accessories.

AutomotiveE-CommerceMarketplaceRetail
Series BDec 30, 2021
Amount Raised: $3,000,000
boodmo

Gurgaon, Haryana, India

boodmo is India’s number one online marketplace of automotive spare parts and accessories.

AutomotiveE-CommerceMarketplaceRetail
Series BDec 30, 2020
Amount Raised: $6,500,000
Zakaz.ua

Kyiv, Kyyiv, Ukraine

Zakaz is a grocery delivery service in Ukraine that fulfils and delivers orders from major grocery retail chains.

DeliveryE-CommerceGroceryRetail
Series AFeb 21, 2020
Amount Raised: $5,446,174
boodmo

Gurgaon, Haryana, India

boodmo is India’s number one online marketplace of automotive spare parts and accessories.

AutomotiveE-CommerceMarketplaceRetail
Series ADec 30, 2019
Amount Raised: $3,700,000
OneKitchen

Dubai, Dubai, United Arab Emirates

OneKitchen offers chefs, restaurants and entrepreneurs the perfect space, equipment and technology.

E-CommerceRestaurants
Series UnknownJun 13, 2019
boodmo

Gurgaon, Haryana, India

boodmo is India’s number one online marketplace of automotive spare parts and accessories.

AutomotiveE-CommerceMarketplaceRetail
Series ADec 30, 2018
Amount Raised: $3,500,000
boodmo

Gurgaon, Haryana, India

boodmo is India’s number one online marketplace of automotive spare parts and accessories.

AutomotiveE-CommerceMarketplaceRetail
Series ADec 30, 2017
Amount Raised: $1,700,000