IFU has invested in close to 60 projects in Ukraine. Horizon Capital’s Fund III is one of 14 investments still part of IFU’s active portfolio alongside investments within renewable energy, agribusiness, and manufacturing.
IFU congratulates Horizon Capital on winning the prestigious Financial Times and International Finance Corporation Transformational Business Award in the Impact Investing Category. The Fund III was especially recognised for their standing as the largest institutional investor in Ukraine’s fast-growing IT sector, and their laser-focus on spurring entrepreneurial activity, including backing women-led businesses, creating well-compensated job opportunities, and delivering modern essential services that improve quality of life.
“We congratulate Horizon Capital on winning this prestigious impact award. This is well deserved and a recognition of the hard work and impressive results that the team has achieved during the years.”
Olexiy Parkhomchuk, Investment Director and head of IFU’s regional office in Ukraine.
In 2018, IFU committed close to DKK 45 million to Horizon Capital Fund III. The fund has invested in 14 companies with a substantial impact of 24,000 jobs, including 15,000 women, for example.