Ukraine’s Angel One Fund invests $200k each in startups Rozmova and GO TO-U
The Ukrainian Catholic University is one of the most progressive universities when it comes to training tech professionals, and now it is taking steps to enter the IT ecosystem as a player. In May 2023, UCU was ranked first in the DOU list of Ukrainian universities with tech specialties. In the spring of 2022, it distributed grants of $50,000 to six Ukrainian startups through its 7 Wings grant foundation. Only those companies with at least 70% of their employees remaining in Ukraine were eligible for grants. On June 4, 2023, UCU told AIN.Capital about two new investments of $200,000 each from its Angel One Fund in Rozmova and GO TO-U.
Rozmova is a platform for finding trusted psychotherapists. It was founded by Dmytro Marakhovskyi and Dmytro Kovalenko. For clients, Rozmova provides a convenient and fast selection of a professional who will help with the request most effectively. For practitioners, it provides solutions for career development by optimizing the flow of clients, developing their brand, and conveniently running a practice. The market for online search for psychotherapists in 2023 is estimated at $9.6 billion and has increased 25% compared to 2022.
GO TO-U is a platform for EV charging management and operations. Its founders are Olena and Lyubov Artemenko and Nazar Shymone-Davyda. The founders of Go To-U say that their mission is to revolutionize the electric vehicle charging ecosystem. As representatives of the company explained, the platform tracks electric vehicle charging sessions, accurately predicts electricity consumption, and optimizes demand, providing uninterrupted charging for electric vehicle drivers. GO TO-U integrates with more than 25 manufacturers of electric vehicle charging equipment and operates in 64 countries. In total, the system provides access to more than 300,000 chargers worldwide. With this deal, Angel One joined the list of investors of a $3 million bridge round. The round also included early investor ABB E-mobility.
About Angel One Fund
Angel One Fund is a venture capital investment company that focuses on Ukrainian startups and promotes the development of startup culture in Ukraine. The firm provides seed and pre-seed capital for scaling up technology, innovation, and intellectual property-based startups developed by Ukrainian founders.
“We invest in Ukrainian startups across all technology categories in amounts ranging from $50,000 to $200,000. We focus on FinTech, SaaS, EdTech, and AI/ML. One-third of the investment will go to EdTech startups, but also to anyone who wants to make a significant contribution to solving global problems — to have a meaningful impact on the future and help people, especially in times of uncertainty,” says Ivan Petrenko, Managing Partner of Angel One Fund.