Funding

[Funding alert] Cloudprinter.com Secures Financing from Dutch and Ukrainian Investors for the Next Growth Phase

Nov 4, 2023 | By Startup Rise EU

Cloudprinter.com secures financing from Dutch and Ukrainian investors for the next growth phase . Cloudprinter.com, a Dutch-Ukrainian-American scaleup that's been shaking up the global print industry, has announced a groundbreaking new round of financing.

Cloudprinter.com secures financing from Dutch and Ukrainian investors for the next growth phase . Cloudprinter.com, a Dutch-Ukrainian-American scaleup that's been shaking up the global print industry, has announced a groundbreaking new round of financing.

This milestone is notable for being the first of its kind to attract investment from both Dutch and Ukrainian stakeholders, including a significant new Ukrainian investor.

Read also - Lower Austrian Startup Shopstory Secures €2 million in Funding

The investment features a diverse range of backers, including existing shareholders like the Brabant Development Company, a family office, and internal management.

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Most notably, u.ventures, the venture capital arm of the Western NIS Enterprise Fund, has joined the funding round as a major new Ukrainian stakeholder.

Andrew Sorohan Venture Director at u.ventures said,"We're incredibly excited to invest in Cloudprinter.com, In our view, they have the potential to become one of the first globally-operating unicorns to emerge from Ukraine, particularly in the challenging period following the full-scale Russian invasion and war. Their pioneering approach to print-on-demand solutions perfectly aligns with our mission to catalyze economic growth and technological advancement."

This pivotal round of funding propels Cloudprinter.com from startup to scaleup, with plans for an even larger funding round next year aimed at accelerating the company's already impressive growth trajectory.

Read also - French SaaS Firm, Scnd” Raises €4 million in Funding

Investing in Cloudprinter.com is more than a smart financial decision. The company operates a unique print-on-demand platform that comes with local and global print management tailored for large enterprises. Utilizing advanced APIs and cloud technology, the platform automates the entire print process from order to delivery.

About Cloudprinter.com

Born in the Netherlands and operating with dual headquarters in Ukraine, Cloudprinter.com has surmounted significant geopolitical and economic challenges to secure this financing.

Read also - Finnish AI Governance Startup Saidot Raises €1.75M Seed Round Funding

Despite the majority of its workforce being based in Ukraine, a region affected by war and economic instability, the company has successfully secured critical growth capital.

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