Cloud Investment Fund, formed by the partners of the Webtransfer social network, has accumulated more than $50 million to fund startups and invites Ukrainian projects to apply for investment.
“The main directions of investment are Internet projects, information projects and other projects that are rapidly evolving and need additional investment,” fund representative Margarita Isayeva said at a press conference at Interfax-Ukraine.
According to her, the first international summit of startups and investors “White Label 2015” will be held in Antalya (Turkey) on Oct. 25-26, 2015. The participants will include investors, investment funds and mentors.
Isayeva specified that the fund is ready to invest funds in projects as founder investments, and under the Round A format. Investors plan to invest through equity.
President of the international summit Olha Belaya said the summit will present new projects and startups that have been implemented under the White Label program. They include a variety of IT projects related to the Internet: shops, air travelling, tour operators, travel agencies, and a school. According to her, one project will be realized in half a year.
According to the organizers of the summit, 1,500 applications for participation in the summit have passed primary selection.
