The round was supported by PvX Partners.

The fresh capital saw support from Green Flag Ventures, Nezlamni Fund, United Angels Network, Freedom Fund VC, VYTACH, Big Defence, UA1 VC, Varangians, and Bulava Capital.

The funding round was led by 1confirmation, with support from Collider Ventures, F‑Prime Capital, DCG, Coinbase Ventures, Node Capital, and Arrington Capital.

As of now, Finerd has no MVP, users, or any traction, and its burn rate reaches $100,000 per month.

Unicorn alert: IT holding Fintech-IT Group, the developer behind the digital banking ecosystem mono, has become the first fintech in Ukraine with $1B+ valuation.

The new fund was backed by the European Investment Bank (EIB), Bpifrance, and Proparco.

The IT Arena 2025 fund saw support from 1991 VC, Vesna Capital, Presto Tech Horizons, Double Tap Investments, Wolver Ventures, Rockaway Ventures, and Tilia Impact Ventures.

The $1 million round was backed by Varangians, Angel One, MITS Capital, and United Angels Network.