5 largest funding rounds closed by Belarusian startups in 2020

AIN.TECH selected Belarus-based startups that raised the largest investments in 2020.

PandaDoc, $30M

Document automation solution PandaDoc has closed a $30 million Series B round led by One Peak Partners with participation from Microsoft’s (М12) Venture Fund, Savano Capital Partners, Rembrandt Venture Partners, and EBRD Venture Capital Investment Programme.

Founded by Mikita Mikado and Sergey Barysiuk, San Francisco-based PandaDoc company develops software for the full cycle of the sales documents automation from proposal to electronic signature and payment.

VOCHI, $1.5M

AI video editor VOCHI has received $1.5 million in a seed funding from the Ukrainian-based VC fund Genesis Investments.

VOCHI is an application for adding motion effects to videos. Users can select individual objects in Full HD and apply different effects to them easily in a real-time environment. The tool is available worldwide and supports 12 languages. 

EduDo, $170k

EduDo has secured a $170,000 pre-seed investment from private investors including Maksim Mikheienko and members of investclub.vc, an international club of business angels and VC funds that are interested in working with software early-stage startups from Eastern Europe.

EduDo is working on a mobile application with educational video content concerning various fields of knowledge for Generation Z. The project was launched in May 2020 by the Yury Shlaganov, and the product is planned to be released in autumn 2021.

Easy Bloggers, $150k

The Easy Bloggers startup has received $150,000 in a pre-seed funding from the members of investhub.vc.

Easy Bloggers develops an influence marketing full-cycle platform that is aimed to simplify work with opinion leaders. The platform helps businesses resolve their pain point – finding suitable bloggers for building a successful advertising campaign. 

GamePad, $65k

GamePad has raised $65,000 from the residents of the international early-stage club of business angels and VC funds investclub.vc including Volat Capital investments company.

GamePad develops the platform that launches full-fledged games with graphics written on the HTML5 in the Telegram messenger. All of them are working on external servers but displayed in the Telegram browser through the API.