Horizon Capital

The company manages private direct investment funds investing in Ukrainian, Belarusian and Moldovan firms. Today, under the management of Horizon Capital, there are three funds:

• Western NIS Enterprise Fund,
• Emerging Europe Crowth Fund и
• Emerging Europe Crowth Fund II,

the total capital of which is more than $600 million.

History

2021

Investing in Mate Academy IT Specialty Training Service

In November 2021, it became known about the investment of $1.9 million in Mate Academy. The online platform for studying programming received funds from the co-founders of Bolt, Wise (Transferwise), Teleport and Pipedrive. The Horizon Capital Fund and existing investors, TA Ventures and Flyer One Ventures, also participated in the funding round. More details here.

Investing in Creatio Group

The Creatio Group has attracted a minority investment of $68 million to strengthen its leading position in the global low-code market. The lead investor  was   Volition  Capital, which invests in fast-growing technology companies that develop business in North and Latin America.  The co-investor  was   Horizon  Capital, which has more than 25 years of experience  in supporting growing  companies in Europe. The funds received will be used to strengthen Creatio's position in the global low-code market for process management and CRM solutions, including strengthening R&D and developing a partner ecosystem in 110 countries. More details here.

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In February 2021, the Creatio group, which includes Terrasoft, announced the attraction of investments in the amount of $68 million from Volition Capital Fund and Horizon Capital. Creatio assessment according to the results of the round is not called. Read more here.-- >

2010

Investing in Datagrup

On August 10, 2010, it became known that one of the largest Ukrainian alternative fixed-line operators, Datagrup, agreed to attract investments in the amount of $50 million from the management company Horizon Capital.

The deal between Datagrup and Horizon Capital was reported by the British agency Mergermarket, which specializes in M&A research. The operator's management declined to comment on this information, a representative of Horizon Capital confirmed to CNews that the transaction was completed, but also declined to comment.

Earlier, Datagrup stated that they were ready to sell Eurobonds worth $50 million to an investor. Later, the securities can be converted into shares of the company during an IPO, which Datagrup plans in two to three years on one of the European exchanges or on the Singapore Stock Exchange. It was assumed that the operator would spend the funds received from the sale of Eurobonds on the purchase of two competitors in the broadband access market.

A CNews source familiar with the negotiations said that as a result of the agreement, Datagrup received $50 million, which will be spent on the development and purchase of regional fixed-line operators. It is assumed that in the future the investor will join the shareholders of the company, becoming the owner of a non-blocking package (up to 25%).

Acquisition of a minority stake in Agro-Soyuz

On June 1, 2010, Horizon Capital acquired a minority stake in agro-industrial corporation Agro-Soyuz for $40 million. This was Horizon Capital's first investment since the financial crisis began.