• Horizon Capital Growth Fund IV will invest in tech and export-oriented companies, as well as select domestic companies in Ukraine and Moldova
  • The fund’s limited partners include IFC, EBRD, Proparco, SIFEM, Swedfund, Finnfund, WNISEF, IFU, Blue Earth Capital and Zero Gap Fund
  • Horizon Capital Growth Fund IV has already made three investments in tech companies

Horizon Capital has closed its fourth Ukraine-focused fund at $350 million, beating its initial target of $250 million.

As a result of this closing, Horizon Capital now has $1.6 billion assets under management.
Horizon Capital Growth Fund IV will invest in tech and export-oriented companies, as well as select domestic companies in Ukraine and Moldova.

The fund’s limited partners include IFC, EBRD, Proparco, SIFEM, Swedfund, Finnfund, WNISEF, IFU, Blue Earth Capital and Zero Gap Fund.

Horizon Capital Growth Fund IV has already made three investments in tech companies.

On the fundraising, Lenna Koszarny, founding partner and CEO of Horizon Capital, said in a statement, “This historic fund is dedicated to the visionary entrepreneurs of Ukraine. Your strength, courage and resilience in the face of adversity is inspiring, motivating our team to contribute our utmost at this critical time. We are truly honored that President of Ukraine Volodymyr Zelenskyy participated in two HCGF IV closings, commending our investors for backing the country at this pivotal moment, providing capital to support economic renewal and job creation when it is needed most, and signaling their firm belief in Ukraine’s future victory.”

Based in Kyiv, Ukraine, Horizon Capital targets companies in Ukraine and Moldova.