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Top 50 Startup Investors in Ukraine (June 2026)

The most active venture capital funds and angel investors investing in Ukraine startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ukraine startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ukrainian Startup Fund
VC Fund
22 Ukraine, United States, Estonia Pre-Seed, Grant, Seed Software, Information Technology, SaaS $16k–$50k
TA Ventures
VC Fund
10 United States, Germany, India Seed, Series A, Pre-Seed E-Commerce, Software, Health Care $150k–$24M
SMRK VC Fund
VC Fund
10 United States, Ukraine, Finland Seed, Pre-Seed Software, Artificial Intelligence, E-Commerce $300k–$2.4M
SID Venture Partners
VC Fund
6 United States, Ukraine, South Korea Seed, Pre-Seed, Series A Software, Artificial Intelligence, Blockchain $100k–$20M
European Fund for Southeast Europe
VC Fund
6 Ukraine Debt Financing, Grant Banking, Financial Services, Finance $8M–$23M
European Bank for Reconstruction and Development
VC Fund
5 Turkey, Egypt, United States Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $4.8M–$300M
Horizon Capital
VC Fund
5 Ukraine, Moldova, United States Private Equity, Series A Software, E-Commerce, Health Care $5M–$68M
Murat Abdrakhmanov
Angel
5 United States, Kazakhstan, Ukraine Seed, Pre-Seed, Angel Software, Artificial Intelligence, SaaS $305k–$2M
BRISE Capital
VC Fund
5 Ukraine, Belarus, Estonia Pre-Seed, Seed E-Commerce, Advertising, SEO $253k–$2.4M
Flyer One Ventures
VC Fund
5 United States, United Kingdom, Cyprus Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $350k–$15M
ICLUB VC
VC Fund
4 United States, Belarus, Ukraine Seed, Series B, Pre-Seed Medical, Wellness, Health Care $350k–$50M
Double Tap Investments
VC Fund
4 Ukraine Seed, Pre-Seed Robotics, Software, Analytics $600k–$600k
Serhiy Tokarev
Angel
4 Ukraine, Spain, Austria Pre-Seed, Series A, Seed Software, Apps, Banking
StratMinds
VC Fund
4 United States, Spain, Sweden Seed, Series A, Pre-Seed FinTech, Financial Services, Software $1M–$35M
Freedom Fund VC
VC Fund
4 Ukraine, Estonia, United States Pre-Seed, Seed Military, Manufacturing, Laser $100k–$1.3M
Angel One
VC Fund
4 United States, Ukraine Seed, Pre-Seed Software, SaaS, Sales $150k–$11M
QPDigital
VC Fund
4 Ukraine, United States, Russian Federation Pre-Seed, Seed, Series A Software, SaaS, Analytics $200k–$610k
Oleg Parashchak
Angel
4 Ukraine, United States Seed, Pre-Seed FinTech, Finance, InsurTech $200k–$300k
AVentures Capital
VC Fund
3 United States, Ukraine, Israel Seed, Series A Software, Information Technology, Enterprise Software $400k–$10M
u.ventures
VC Fund
3 United States, Ukraine, Estonia Seed, Pre-Seed, Series A Software, Artificial Intelligence, E-Commerce $500k–$20M
ZAS Ventures
VC Fund
3 United States, Ukraine, Estonia Pre-Seed, Seed Software, Information Technology, SaaS $50k–$1.3M
Geek Ventures
VC Fund
3 United States, Ukraine, China Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $400k–$9.8M
Michael Puzrakov
Angel
3 United States, Ukraine Seed, Series A, Convertible Note B2B, SaaS, Drones $200k–$6M
Unpopular Ventures
VC Fund
3 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $500k–$69M
Green Flag Ventures
VC Fund
3 Ukraine, Estonia, United States Seed, Series A Software, Military, Aerospace
United Angels Network
VC Fund
3 Ukraine Seed, Pre-Seed SaaS, Software, Restaurants
SOSV
VC Fund
3 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Netsolid Investments
VC Fund
3 Ukraine, Spain, United States Seed, Pre-Seed Digital Marketing, Affiliate Marketing, Sales
Hartmann Capital
VC Fund
3 United States, Canada, Ukraine Seed, Pre-Seed, Series A Software, Virtual Reality, Gaming $150k–$8M
SMOK Ventures
VC Fund
2 Poland, United States, Ukraine Pre-Seed, Seed Software, Information Technology, SaaS $54k–$2.5M
Semyon Dukach
Angel
2 United States, Ukraine, Canada Seed, Angel Software, SaaS, Education $45k–$5M
New Renaissance Ventures
VC Fund
2 United Kingdom, Germany, France Pre-Seed, Seed, Series A Artificial Intelligence, Music, Gaming $500k–$6M
Network.VC
VC Fund
2 United States, Ukraine, Israel Seed, Series A Software, Artificial Intelligence, Machine Learning
Acrobator Ventures
VC Fund
2 United States, Switzerland, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $318k–$20M
Darkstar Camp
VC Fund
2 Ukraine Seed Information Technology, Drones, Aerospace $658k–$677k
Brave1
VC Fund
2 Ukraine, United States, United Kingdom Grant, Seed, Pre-Seed Aerospace, Manufacturing, Robotics
ArkStream Capital
VC Fund
2 Singapore, United States, Hong Kong Seed, Series A Blockchain, Cryptocurrency, Information Technology
Amazon Web Services
VC Fund
2 United States, Brazil, Lebanon Grant, Pre-Seed Software, Artificial Intelligence, Information Technology $4k–$3M
WannaBiz
VC Fund
2 Ukraine, United States, Canada Angel, Seed, Series A Software, B2B, SaaS $55k–$650k
Yannick Rault van der Vaart
Angel
2 Spain, Ukraine Seed, Pre-Seed EdTech, Software, Education $365k–$500k
John Kim
Angel
2 United States, Ukraine, Australia Seed, Angel, Series A Software, Information Technology, Artificial Intelligence $1M–$20M
MA7 Ventures
VC Fund
2 Ukraine, Kazakhstan Seed, Pre-Seed, Series A FinTech, Medical, Payments
N1 investment company
VC Fund
2 Ukraine, United Kingdom Seed, Pre-Seed Artificial Intelligence, Apps, Film $1M–$5.1M
Nezlamni Fund
VC Fund
2 Ukraine Seed Robotics, Internet Radio
Sturgeon Capital
VC Fund
2 Uzbekistan, Pakistan, Bangladesh Seed, Series A, Pre-Seed FinTech, Software, E-Commerce $100k–$17M
Markus Villig
Angel
2 Estonia, United States, United Kingdom Seed, Pre-Seed, Angel Software, Information Technology, FinTech $230k–$3.5M
BADideas.fund
VC Fund
2 Estonia, Latvia, Lithuania Pre-Seed, Seed, Grant Software, Information Technology, Artificial Intelligence $340k–$6.5M
Presto Ventures
VC Fund
2 Czech Republic, United States, Estonia Seed, Pre-Seed, Series A SaaS, Software, Information Technology $132k–$32M
AU21 Capital
VC Fund
2 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services
Elias Veris
Angel
2 Ukraine Seed
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Ukrainian Startup Fund
VC Fund · Kyiv, Kyyiv, Ukraine · 22 investments in Ukraine startups, 8 in the past 12 months

USF originally set up to promote the development of the local startup ecosystem and today is the largest local angel investor with already 130 funded startups and the most extensive startups database and stakeholders (over 3,000 applications).

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Grant, Seed
  • Geography: Ukraine, United States, Estonia

Investor stats

  • Total investments: 89
  • Round size: Seed $50k–$50k; Grant $16k–$50k; Pre-Seed $25k–$50k
  • Lead/follow: 85% lead, 15% follow

Portfolio highlights

  • SYLA — SYLA is a bionic knee prosthesis that combines modern technology, machine learning, and artificial intelligence to adapt to different walking ways and ensure natural movements.
  • Dots Platform — Dots Platform - is the all-in-one ordering and delivery SaaS for hyperlocal commerce
  • LeadForceTalent — First AI Top and Middle Management Recruitment Platform delivering candidates 10X fasterIt take 100 hours to find, check and interview a top management candidate. It’s 10X comparing to average specialist. No top-manager - the business is not growing and losing owner’s money.LeaForceTalent gives access to 25M database of C-level candidates,automatically interviews, checks skills with AI based on Blockchain and get hundreds of replies from candidates with one click.
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TA Ventures
VC Fund · Frankfurt, Hessen, Germany · 10 investments in Ukraine startups

TA Ventures is a global, network-driven VC firm investing in early-stage tech startups that redefine the industries of tomorrow. We typically write initial checks of $100-250K for Pre-Seed and Seed companies and actively provide follow-on investments. We pride ourselves on swift execution, hands-on support, and leveraging our extensiveinternational network. By connecting our portfolio companies with growth-oriented co-investors, we help them scale effectively through subsequent funding rounds. Additionally, we draw on our deep industry expertise to offer portfolio companies and partner VCs access to top-tier, cost-efficient R&D talent.

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Investment focus

  • Industry: E-Commerce, Software, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, India

Investor stats

  • Total investments: 179
  • Round size: Seed $580k–$5.8M; Pre-Seed $150k–$3M; Series A $2.5M–$24M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Mein
  • Shift — Xometry Europe offers CNC Machining, 3D Printing, Sheet Metal and Injection Moulding services online. Upload your files for an instant quote!
  • Aurora Labs — Aurora Labs is pioneering the use of Software Intelligence to solve the challenge of automotive software development. Created using Aurora Labs' Line-Of-Code Intelligence™, the Automotive Software Intelligence (ASI) solution collects granular and actionable data from complex automotive systems, applying AI to enable software transparency andmanagement. Aurora Labs' ASI solution detects and validates changes in the software lines-of-code for OTA updates, and analyses dependencies and software behaviour to enable predictive software maintenance throughout the vehicle lifecycle. Aurora Labs provides automotive development teams unique tools to roll out new technologies and services on time and on budget.Aurora Labs, founded in 2016, has raised $34m and has been granted dozens of patents. Aurora Labs has customers around the world and is headquartered in Tel Aviv, Israel, with offices in Germany, North Macedonia, and the US.
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SMRK VC Fund
VC Fund · Kiev, Kyyivs'ka Oblast', Ukraine · 10 investments in Ukraine startups

SMRK VC Fund is an investment firm that funds seed and early stage companies. Their projects are Allset, Preply, Competera and AJAX Systems. SMRK is a Ukraine-based company that was founded in 2013 by Oleksandr Kosovan and Andriy Dovzhenko.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: United States, Ukraine, Finland

Investor stats

  • Total investments: 32
  • Round size: Seed $300k–$2.4M; Pre-Seed $680k–$2M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2013

Portfolio highlights

  • Osavul — Osavul is a software company focused on developing AI-powered solutions for information security. Protect states, businesses and society from disinformation, influence operations and foreign interference.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
  • Turnkey Lender — Turnkey Lender is a Commercial lending software that can improve efficiency and reduce costs for financial services companies.
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SID Venture Partners
VC Fund · 6 investments in Ukraine startups

First Ukrainian high-technology venture capital firm established by IT experts for IT geeks, investing in early-stage tech companies

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Investment focus

  • Industry: Software, Artificial Intelligence, Blockchain
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Ukraine, South Korea

Investor stats

  • Total investments: 29
  • Round size: Seed $1.2M–$20M; Pre-Seed $100k–$4M; Series A $9M–$20M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Finmap — Finmap is financial management tool that allows business owners to see the state of their company without special knowledge of finance and studying of complex systems. By using 3 simple buttons - income, outcome and transfer - all analytics appears in a few clicks at a glance: how much the company earned, which projects more profitable, astatement of cash flows, accounts receivable and payable of the company. Finmap makes it possible to see the business situation on one sheet, removes chaos in financial management and gives the business owner the opportunity to make the right decisions
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • Datuum.ai — The Data Management platform that can scale your data operations. datuum.ai streamlines any part of your complex data project.
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European Fund for Southeast Europe
VC Fund · Bertrange, Luxembourg, Luxembourg · 6 investments in Ukraine startups, 7 in the past 12 months

The European Fund for Southeast Europe provides sustainable funding to micro and small enterprises, helping them to grow, generate additional income, and create employment, as well as to low-income families, assisting them in the improvement of their housing conditions.

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Investment focus

  • Industry: Banking, Financial Services, Finance
  • Stage:Debt Financing, Grant
  • Geography: Ukraine

Investor stats

  • Total investments: 7
  • Round size: Debt Financing $8M–$23M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Bank Lviv — Bank Lviv provides private individuals and businesses to customers banking services.
  • UkreximBank — UkreximBank specializes in pre-export financing and banking services of warehouse stocks of the agricultural industry.
  • ProCreditBank Ukraine — ProCreditBank Ukraine provides a range of banking services. ProCreditBank Ukraine offers term deposits, and current and savings accounts; and loan products, such as business, car, season, equipment, real estate, agro business and machinery.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 5 investments in Ukraine startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Turkey, Egypt, United States

Investor stats

  • Total investments: 271
  • Round size: Post-IPO Debt $18M–$210M; Debt Financing $4.8M–$300M
  • Lead/follow: 72% lead, 28% follow

Portfolio highlights

  • Hellas Direct — Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and artificial intelligence. The Cyprus-based company is backed by a roster of leading investors, including Portag3, IFC (a member of the World Bank), Endeavor Catalyst, former Goldman Sachs economist Lord O’Neill and private equity veteran JonMoulton. Modelling itself on Amazon, Hellas Direct aims to disrupt the insurance value chain by adopting an extreme focus on operational excellence.
  • Virya Renewables — Virya Renewables is a new renewable energy platform established by Virya Energy in Poland. It develops large-scale solar PV, battery storage, and onshore wind projects.
  • National Bank of Greece — The term i-bank adopted in April 2009 as a single name for all electronic service networks of the National Bank (Internet, Phone & Mobile Banking, ATM and Automated Payment -APS).Through the site of i-bank participate in contests with great prizes , learn the latest news from the world of technology , innovation and entrepreneurship and youthinformed about events in the i-bank store and the latest developments of the Contest «i -bank Innovation & Technology " .
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Horizon Capital
VC Fund · Kyiv, Kyyiv, Ukraine · 5 investments in Ukraine startups

Horizon Capital is a private equity firm in Ukraine backed by over 40 institutional investors, managing funds with assets under management of over $1.1 billion and a tenure of 25 years in the region. The firm is an active, value-added growth equity investor, investing alongside visionary entrepreneurs leading transformational businesses in Ukraineand the near region. Our investment strategy focuses on export champions in technology, e-commerce and other innovative industries. We are known for our strong team, high integrity and governance, value creation and track record of successful investments.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Private Equity, Series A
  • Geography: Ukraine, Moldova, United States

Investor stats

  • Total investments: 34
  • Round size: Series A $5M–$10M; Private Equity $7M–$68M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: Likely still investing — raised $350M in 2024

Portfolio highlights

  • Makeup — MAKEUP is an online cosmetic store that offers perfumes, beauty and personal care products.
  • Viseven — Discover the future of pharma marketing with Viseven martech solutions. Elevate strategies, bridge gaps, and unlock growth!
  • Creatio — Creatio is a global software company providing a leading low-code platform for process management and CRM. The company combines an intuitive low-code platform, best-in-class CRM and a robust BPM in a single solution to accelerate sales, marketing, service and operations for mid-size and large enterprises. Creatio is highly recognized as a marketleader by key industry analysts and together with hundreds of partners, operates in 110 countries worldwide. More information can be found at www.creatio.com.
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Murat Abdrakhmanov
Angel · 5 investments in Ukraine startups

Murat Abdrakhmanov is a co-investor at 2C2P. Attended Fuqua Executive school of bussines.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Kazakhstan, Ukraine

Investor stats

  • Total investments: 29
  • Round size: Seed $500k–$2M; Pre-Seed $305k–$1.6M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Zeely — Zeely is a website development platform designed to assist businesses in marketing their web pages. The company's platform allows businesses to create and promote websites without using codes or UI/UX designs, and these codes can be linked with Google Ads or other social media platforms to increase reach, allowing businesses to create awebpage based on AI and expand their audience network.
  • PLATMA — PLATMA is a workspace for developing low/no-code solutions with ready-made constructors that reduce the need for large resources and decrease time to market
  • Prosper Pay — Prosper Pay is a financial platform that allows employees to view up-to-date earnings and transfer funds.
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BRISE Capital
VC Fund · Kyiv, Kyyiv, Ukraine · 5 investments in Ukraine startups

BRISE Capital is a family office specialized in MarTech and E-commerce verticals, SaaS and Marketplace business models. We help teams according to their current needs starting from business idea clarification and strategy planning till raising Round A. Also, we practice a hands-on approach in most cases when one of the partners can be deep insideof a chosen project. BRISE operates in Ukraine and scouts local teams with regional and global ambitions. Our typical ticket is in the range of 50k-75k USD. And our goal is to add 5-7 new companies annually. Currently, we have 10 portfolio companies among which are Finmap, VOCHI, Getpin, Workee, Disqover, and others.

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Investment focus

  • Industry: E-Commerce, Advertising, SEO
  • Stage:Pre-Seed, Seed
  • Geography: Ukraine, Belarus, Estonia

Investor stats

  • Total investments: 8
  • Round size: Seed $350k–$2.4M; Pre-Seed $253k–$600k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • VOCHI (acq. by Pinterest) — Made for creative video editing
  • Finmap — Finmap is financial management tool that allows business owners to see the state of their company without special knowledge of finance and studying of complex systems. By using 3 simple buttons - income, outcome and transfer - all analytics appears in a few clicks at a glance: how much the company earned, which projects more profitable, astatement of cash flows, accounts receivable and payable of the company. Finmap makes it possible to see the business situation on one sheet, removes chaos in financial management and gives the business owner the opportunity to make the right decisions
  • Workee — Workee is a back-office for freelancers. We are helping appointment led professionals (such as coaches, health experts, tutors, lawyers) to manage their accounting, invoices, client and work management in one place out of the box. We save at least 4 hours per week and at least $200-$400 per month.
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Flyer One Ventures
VC Fund · London, England, United Kingdom · 5 investments in Ukraine startups

Flyer One Ventures is an international early-stage venture capital firm focused on early-stage startups from CEE region. The fund invests in future-proof startups, founded by exceptional teams, and operating on global markets worth more than $10 billion. Flyer One Ventures funds startups in Mobile, Health Tech, EdTech, Fitness & Wellness, B2BSaaS, Gaming, FoodTech, and AI/ML industries and helps them scale on international markets. Founded by the co-founder of BetterMe and supported by Genesis Tech, Flyer One Ventures has deep expertise in Digital Marketing, Product, PR, Branding, and Recruiting. Along with the financial investment, Flyer One Ventures actively supports its portfolio companies, helping them optimize Digital Marketing campaigns, hire R&D staff, build user-friendly products, and fundraise Series A and Series B rounds. Flyer One Ventures' ultimate goal is to support early-stage startups in the geographies with low access to early financing and help them become global leaders by mentorship and daily support.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Cyprus

Investor stats

  • Total investments: 80
  • Round size: Seed $550k–$7.4M; Pre-Seed $350k–$3M; Series A $1M–$15M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Jome — On our platform, you can search for and tour thousands of new construction homes and communities near you. Our new home experts are ready to guide you through the entire home-buying process and will help you turn your dream home into a reality
  • Scalestack — Scalestack AI brings all of your GTM data together, suggests prioritized actions and helps your reps to execute your sales plays. Unlock a new level of sales productivity and generate more pipeline.
  • Greenscreens AI — Greenscreens.ai was created for Brokers and 3PLs that want to win more business more profitably!
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
ICLUB VC
VC Fund · Kyiv, Kyyiv, Ukraine · 4 investments in Ukraine startups

ICLUB VC is a global network of private investors, established by a leading European VC fund TA Ventures.

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Investment focus

  • Industry: Medical, Wellness, Health Care
  • Stage:Seed, Series B, Pre-Seed
  • Geography: United States, Belarus, Ukraine

Investor stats

  • Total investments: 11
  • Round size: Seed $350k–$8.2M; Series B $22M–$50M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Liki24 — Liki24 is a logistics company that features a software platform that utilizes deep integration with partner pharmacies, clinics, and insurance companies. Its software is designed for logistics team coordination, task management, and data management.
  • Cube3.ai — CUBE3.AI is a web3 security platform that provides real-time transaction protection for smart contracts, safeguarding against cyber exploits, fraud, and compliance risks.
  • Berry Street — Get personalized nutrition therapy from registered dietitians, covered by your insurance. Book an online 1:1 session today.
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Double Tap Investments
VC Fund · 4 investments in Ukraine startups

Double Tap Investment (DTI) is committed to invest in Ukrainian defense technology startups

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Investment focus

  • Industry: Robotics, Software, Analytics
  • Stage:Seed, Pre-Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 5
  • Round size: Seed $600k–$600k
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Griselda — Transforming complex data into meaningful insights
  • TheFourthLaw — TheFourthLaw develops robotic systems to enhance robot capabilities across diverse applications.
  • Hard Cat Drones
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Serhiy Tokarev
Angel · 4 investments in Ukraine startups

Co-founder and General Partner at Roosh and Roosh Ventures, Serhiy is a renowned AI visionary, tech entrepreneur, and dedicated international investor with over 20 years in the industry. Over the past decade, Serhiy invested in emerging tech startups from various sectors, backing successful ventures like Reface, a multi-product company thatdominated the US App Store, and Zibra AI, which secured a significant investment in A16Z's accelerator program.Serhiy is deeply involved in education and charitable efforts in Ukraine, co-founding SET University and pioneering the "STEM is FEM" project, which champions gender equality in tech fields for Ukrainian girls.

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Investment focus

  • Industry: Software, Apps, Banking
  • Stage:Pre-Seed, Series A, Seed
  • Geography: Ukraine, Spain, Austria

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Gropyus — Creating sustainable living for everone.
  • Reface — Reface offers state-of-the-art technology for high-quality face-swapping. Based on GAN (generative adversarial networks) methodology, it works fast and you need only one photo to make a high-quality face-swap.Reface strives to build the first social platform of dynamically personalized media content empowered with machine learning technology.Launched in January 2020, it was ranked as a number one in the US AppStore. The app was downloaded over 70 million times in seven months after it launched. Reface was founded by Roman Mogylnyi, Oles Petriv, Yaroslav Boyko, Denys Dmytrenko, Kyrylo Syhyda, Dima Shvets and Ivan Altsybeiev.Data protection is a social responsibility for Reface. We do not use data for any other purposes except for face-swapping.Work with the B2B segment includes ready-to-use technology and tools for businesses.Reface provides tools for creators to produce great content while keeping the costs down. It’s aimed at advertising and marketing, media, streaming, game development, video production industries, and more.
  • INPUT SOFT — InputSoft Innovations in technologies and approaches to workflows and data management in the aviation industry.
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StratMinds
VC Fund · San Francisco, California, United States · 4 investments in Ukraine startups

StratMinds helps startups with early-stage venture capital investment and advisory support. We help innovative entrepreneurs turn their vision into reality.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Spain, Sweden

Investor stats

  • Total investments: 35
  • Round size: Seed $1M–$6M; Pre-Seed $1.6M–$4.5M; Series A $4M–$35M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Superapp
  • Portal AI — Portal AI provides customized AI applications for small and medium-sized enterprises, designed to help manage operational activities, marketing, finances, logistics, and more.
  • ControlRooms.ai — Controlrooms.ai develops a monitor system designed for industrial mission control rooms. It provides immediate time to benefit and exhibit intuitive functionality to help advance the quality of life on Earth, enabling companies by providing earth's monitoring services. The company was founded in 2021 and is based in Austin, Texas.
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Freedom Fund VC
VC Fund · Seattle, Washington, United States · 4 investments in Ukraine startups

We invest in technology-based start-ups that have the potential to disrupt the defence innovation cycle.

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Investment focus

  • Industry: Military, Manufacturing, Laser
  • Stage:Pre-Seed, Seed
  • Geography: Ukraine, Estonia, United States

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $100k–$1.3M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • M-FLY — M-FLY is a company that develops ITAR-free gimbals tailored for the drone industry, integrating electro-optical cameras, infrared imagers, and various sensor payloads to enhance performance in diverse applications. The gimbals are designed for use in both military and civilian sectors, providing stability and precision for aerial imaging and datacollection. M-FLY focuses on research and development to incorporate emerging technologies, ensuring that their products meet the evolving needs of the market. The company aims to support users in achieving accurate geolocation and range finding, facilitating various operations in surveillance, mapping, and environmental monitoring.
  • Sky Spy — Sky Spy provides advanced RF intelligence solutions for defense, security and mission-critical operations.
  • MaXon Systems — MaXon Systems operates as a defense tech company. MaXon Systems develops an autonomous air-to-air defense system.
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Angel One
VC Fund · Lviv, L'vivs'ka Oblast', Ukraine · 4 investments in Ukraine startups

Angel One Venture Fund was created by the UCU Foundation. The Foundation's goal is to invest in Ukrainian startups, help them implement their ideas and develop a startup culture in Ukraine.

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Investment focus

  • Industry: Software, SaaS, Sales
  • Stage:Seed, Pre-Seed
  • Geography: United States, Ukraine

Investor stats

  • Total investments: 12
  • Round size: Seed $980k–$11M; Pre-Seed $150k–$200k
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • AiSDR — AiSDR finds in-market buyers using real-time signals, then reaches out with messages that sound like your best rep wrote them. 1-3 demos per 100 leads.
  • Haiqu — Default page description
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
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QPDigital
VC Fund · Kyiv, Kyyiv, Ukraine · 4 investments in Ukraine startups

Venture Capital Firm 2.0 focused on Deep Tech, It-logistics and Digital Healthcare industries.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Ukraine, United States, Russian Federation

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $200k–$610k
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Promin Aerospace — Democratizing space and making it available to every country, organization and person.
  • Onlizer — Onlizer allows connecting services and automates processes fast and efficient without coding.
  • Drope.me — We connect gaming companies, micro streamers and their communities in performance marketing campaigns.
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Oleg Parashchak
Angel · 4 investments in Ukraine startups

Enterpreneur, Private Investor, Insurance Media, InsurTech & Crypto Enthusiast

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Investment focus

  • Industry: FinTech, Finance, InsurTech
  • Stage:Seed, Pre-Seed
  • Geography: Ukraine, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $200k–$300k
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • Beinsure — Beinsure.com — digital media platform with 2M+ annual readers — focused on insurance, InsurTech, cybersecurity, investments, and blockchain technologies. It aims to simplify these industries by providing the latest news, ratings, reviews, and insights.Beinsure serves a global audience interested in finance, insurance, and technology, offering anintegrated platform for both industry professionals and the general public. The content is curated to inform and educate readers about market trends, investment opportunities, and technological advancements in the insurance and InsurTech sectors. It’s a great resource for re/insurers and investors looking to stay informed on market news, and it also offers helpful tools and resources.
  • Forinsurer — Online Digital Media #1 about insurance, reinsurance, fintech and insurtech in Ukraine and the world, B2B and B2C insurance platform. Exclusive ratings of insurance companies and banks
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AVentures Capital
VC Fund · Kyiv, Kyyiv, Ukraine · 3 investments in Ukraine startups

AVentures Capital invests at early stage and looks to team up with amazing entrepreneurs from Eastern Europe, particularly Ukraine, who build global businesses. The Fund's investment focus will be across software tech space, including cloud, storage, enterprise solutions, web, mobile, IoT and other software tech related.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Seed, Series A
  • Geography: United States, Ukraine, Israel

Investor stats

  • Total investments: 31
  • Round size: Seed $400k–$3.5M; Series A $3M–$10M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2015

Portfolio highlights

  • Dexalot — A revolutionary decentralized exchange aiming at bringing the traditional centralized exchange look and feel through a decentralized on-chain application
  • Fintech Farm — Creating successful neobanks in emerging markets
  • Ledger Works — Blockchain consumers face significant and increasing cyber-crime. And Web3 security efforts focus on DeFi providers, not retail users. A crypto account holder should be able to receive the same fraud alerts and protection they have come to expect from their bank or credit card accounts. Our service provides account notification and cyber-crimeprotection to Crypto account holders.
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u.ventures
VC Fund · Kyiv, Kyyiv, Ukraine · 3 investments in Ukraine startups

u.ventures invests in early stage technology startups with world-class teams and potential for global growth. Our goal is to support local entrepreneurs

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Ukraine, Estonia

Investor stats

  • Total investments: 40
  • Round size: Seed $580k–$5.5M; Pre-Seed $500k–$4M; Series A $2M–$20M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • SOC Prime — SOC Prime is the only Threat Detection Marketplace where researchers monetize their content to help security teams defend against attacks faster and more efficiently than ever. Powered by its Detection as Code platform, SOC Prime curates the most up-to-date Sigma-based threat detection content from over 300 researchers and natively delivers it viasubscription to 20+ SIEM and XDR platforms at more than 6,000 enterprises, governments and MDRs worldwide.
  • Dynamiq — Build, deploy and monitor on-premise GenAI applications to solve specific business needs, reducing costs, driving revenue and boosting competitiveness - all in one platform
  • Deus Robotics — One intelligent system blending AI, robotics, and software to reduce manual work and improve operational efficiency across industries.
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ZAS Ventures
VC Fund · San Francisco, California, United States · 3 investments in Ukraine startups

ZAS Ventures is a venture capital firm that boosts outstanding entrepreneurs from Central and Eastern Europe by building SaaS and cloud infrastructure startups.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: United States, Ukraine, Estonia

Investor stats

  • Total investments: 14
  • Round size: Seed $500k–$1.3M; Pre-Seed $50k–$680k
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • CROWN — Drive savings and supplier competition with CROWN's eAuction service. Smart reverse auctions built for procurement teams. Book your free demo today.
  • Gamow Tech — Gamow Tech is an AI-driven reproductive medicine platform using computer vision to improve embryo selection and IVF success rates.
  • Stackbooster — Stackbooster unlock Kubernetes and Application DNA. Save 80% and supercharge the performance with AI powered Kubernetes platform
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Geek Ventures
VC Fund · New York, New York, United States · 3 investments in Ukraine startups, 6 in the past 12 months

NYC venture fund investing in immigrant founders building exciting scalable tech

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Ukraine, China

Investor stats

  • Total investments: 56
  • Round size: Seed $1.5M–$8.6M; Pre-Seed $400k–$2.1M; Series A $1M–$9.8M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $23M in 2023

Portfolio highlights

  • Debbie — We're building financial freedom products to provide borrowers with the resources they actually need to ditch their debt once and for all.
  • Clave — AI for QSR franchises
  • Arvist — Be Global Safety is now ARVIST You will be automatically re-directed to www.arvist.ai in 10 seconds If you have trouble, please copy https://arvist.ai and paste it in the address bar of your browser
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Michael Puzrakov
Angel · Lviv, L'vivs'ka Oblast', Ukraine · 3 investments in Ukraine startups

A degree holder in Applied Mathematics and Informatics, Michael brought to Intellias his administrative and operational experience of a Technical Director from a German-Ukrainian software development enterprise as well as his previous background in software engineering.Once at Intellias, Michael started with revving up the companyorganizational and business development, then eventually focused on operational management and corporate governance, holding the positions of COO and Board Chairman. As COO, Michael transforms business processes and optimizes management practices, which play a significant role for Intellias’ growth strategy. As Board Chairman, he ensures the fulfillment of business integration strategies, guiding the company forward with the core beliefs in balanced decision making, innovation, and fair partnership.

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Investment focus

  • Industry: B2B, SaaS, Drones
  • Stage:Seed, Series A, Convertible Note
  • Geography: United States, Ukraine

Investor stats

  • Total investments: 9
  • Round size: Seed $200k–$6M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • 3DLOOK — 3DLOOK is an AI-powered technology company, specializing in mobile body scanning and visualization for a diverse set of industries.
  • Influ2 — Reach named buyers at every stage of the buying journey. Revenue follows focus.
  • Liki24 — Liki24 is a logistics company that features a software platform that utilizes deep integration with partner pharmacies, clinics, and insurance companies. Its software is designed for logistics team coordination, task management, and data management.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 3 investments in Ukraine startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 253
  • Round size: Seed $1M–$8M; Pre-Seed $500k–$2.5M; Series A $6.8M–$69M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • 222 — this must be the place.
  • Sourcepulse — Sourcepulse is the internal status page for software delivery, alerting teams before costly delays. We collect anonymous feedback from project members to identify exactly what to fix, just like how Sentry captures system details for production errors.
  • Kyte — Kyte delivers rental cars straight to your door. We deliver and pick up the vehicle. No lines, no paperwork, freedom to explore. Fully flexible. Book today!
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Green Flag Ventures
VC Fund · 3 investments in Ukraine startups

Green Flag Ventures backs Ukrainian startups building dual use, defense, and cyber products proven in combat and scaling to NATO & Fortune 500 markets.

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Investment focus

  • Industry: Software, Military, Aerospace
  • Stage:Seed, Series A
  • Geography: Ukraine, Estonia, United States

Investor stats

  • Total investments: 7
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Babayte — BabAI is the AI pilot for absolute battlefield advantage and turn any platform into a smart, autonomous survivor that operates in all weather conditions.
  • Swarmer — Swarmer is an AI based mission control center for coordinated drones that acts as Firmware for video streaming, logging and monitoring.
  • MaXon Systems — MaXon Systems operates as a defense tech company. MaXon Systems develops an autonomous air-to-air defense system.
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United Angels Network
VC Fund · 3 investments in Ukraine startups

United Angels Network is where investors connect, collaborate, learn and invest in promising Ukrainian startups for growing the Ukrainian startup ecosystem, to disrupt an industry or create a new product or service and to a significant increase in the value of their investment.

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Investment focus

  • Industry: SaaS, Software, Restaurants
  • Stage:Seed, Pre-Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • HIMERA — A resilient communication system that operates in the most challenging conditions.
  • GetOrder — GetOrder - easy POS integration with food delivery aggregators Glovo, Bolt Food, Wolt, Uber Eats, Deliveroo. Using our API, you can link anything to your POS.
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
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SOSV
VC Fund · Princeton, New Jersey, United States · 3 investments in Ukraine startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Netsolid Investments
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Ukraine startups

With capital infusion, we help entrepreneurs find new revenue streams, achieve operational efficiency, and get the best partners from around the world

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Investment focus

  • Industry: Digital Marketing, Affiliate Marketing, Sales
  • Stage:Seed, Pre-Seed
  • Geography: Ukraine, Spain, United States

Investor stats

  • Total investments: 6
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Apme — Mobile app development company which builds products for health tracking.
  • BetCare — A company that specializes in multilingual customer care where we put a heavy focus on sales, conversion, and customer reactivation strategies
  • Tips.GG — This is an esports related website: schedule of world tournaments and matches with live streams, free tips from users, odds comparison from legal betting and teams stats with matches scores.
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Hartmann Capital
VC Fund · Boca Raton, Florida, United States · 3 investments in Ukraine startups

Hartmann Capital offers one of the world's first crypto hedge funds to provide accredited investors exposure to Bitcoin and other digital assets in the virtual currency space.

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Investment focus

  • Industry: Software, Virtual Reality, Gaming
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Ukraine

Investor stats

  • Total investments: 33
  • Round size: Seed $850k–$8M; Pre-Seed $150k–$3.3M; Series A $500k–$5M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • PlaySafe ID
  • Sinn Studio — Swordsman is a physics-based combat game designed for virtual reality. Slash your way through medieval Earth to become the ultimate Swordsman.
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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Ukraine startups

Bridging Silicon Valley to CEE

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: Poland, United States, Ukraine

Investor stats

  • Total investments: 60
  • Round size: Seed $439k–$2.5M; Pre-Seed $54k–$1.4M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Primio — Primio is an AI-powered platform that generates production-ready native mobile apps from natural language prompts. It outputs real Flutter/Dart code that compiles to native iOS and Android with pixel-perfect rendering and up to 120fps performance. The platform covers the full lifecycle from idea to app store submission, including cloud builds,live preview, and iterative editing. Built for app studios and serious builders who need to ship native apps fast.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
  • Proteine Resources — We want to revolutionize the feed and food market, build robotic factories, process bio-waste in high-quality protein, fat and fertilizer insects.
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Semyon Dukach
Angel · Boston, Massachusetts, United States · 2 investments in Ukraine startups

Semyon Dukach is the Founding Partner of One Way Ventures. He previously worked at SharpSpring as a Board Chairman. Semyon Dukach attended Massachusetts Institute of Technology.

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Investment focus

  • Industry: Software, SaaS, Education
  • Stage:Seed, Angel
  • Geography: United States, Ukraine, Canada

Investor stats

  • Total investments: 52
  • Round size: Seed $45k–$5M; Angel $278k–$705k
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • UGift — The UGIFT service is a complex of services for production and sales of gift cards with delivery by email, via social network, SMS or by courier. The UGIFT project allows people to get closer to each other and to express their feelings.
  • OffGridBox — An all-in-one system using solar energy to purify water and distribute clean energy. off grid container, offgrid water, off-grid electric products, solar water box, building off grid, power in a box, off grid technology, shipping container solar system
  • WorkAround — WorkAround is the accurate, scalable solution for adding human input to your data using an untapped workforce of domain experts.WorkAround's platform enables simple, quick annotation of data. Anything from classifying expenses into tax codes, annotating breast tissue to identify regions of interest, to identifying drug combinations fromclinical trial reports. We have the domain experts and a platform to facilitate a simple, secure processing of customer data and annotations.Companies that using WorkAround services not only save time and get quality service, but are also contributing to a more socially just and productive world where talent knows no boundaries, opportunity doesn’t ask for status, and work is rewarded with fair pay.
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New Renaissance Ventures
VC Fund · Vienna, Wien, Austria · 2 investments in Ukraine startups

This is the New Renaissance. We are an early-stage venture capital fund backing the next generation of cultural and creative leaders.

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Investment focus

  • Industry: Artificial Intelligence, Music, Gaming
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 10
  • Round size: Seed $500k–$6M; Pre-Seed $738k–$4.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • Atlas — Atlas builds cutting-edge generative 3D AI technology to enable the creation of assets & virtual worlds.
  • Sirius — Sirius is an online music platform. They offer digital space for music teaching with sound and data protection, enabling musicians to create their virtual music classrooms. An online inquiry form is available on the company's website.
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Network.VC
VC Fund · San Francisco, California, United States · 2 investments in Ukraine startups

Seed Investments for Startups that are going to relocate to the USA or are already based here

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A
  • Geography: United States, Ukraine, Israel

Investor stats

  • Total investments: 58
  • Lead/follow: no public data

Portfolio highlights

  • Jome — On our platform, you can search for and tour thousands of new construction homes and communities near you. Our new home experts are ready to guide you through the entire home-buying process and will help you turn your dream home into a reality
  • Bavovna AI — Bavovna Inc., a Delaware C-corp, is a dual-use tech company primarily focusing on AI-driven alternative navigation for Unmanned Vehicles operating in GPS-denied and Electronic Warfare (EW) threatened environments. Bavovna combines fully NDAA complaint modular hardware and SaaS AI software for aerial, surface, and subsurface UV platforms to addressmalicious and natural challenges to Position, Navigation, and Timing (PNT) systems. Bavovna has tested its solutions widely in Ukraine, EMEA, and the US for different types of UAVs, including VTOL, fixed-wing, multi-copters, and surface and underwater vehicles.
  • DC Connected — Mobility Enhancement Platform
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Acrobator Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Ukraine startups

Pre/seed VC bridging East and West investing in data-heavy B2B(2C) solutions

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Switzerland, United Kingdom

Investor stats

  • Total investments: 32
  • Round size: Seed $318k–$5M; Pre-Seed $600k–$3.6M; Series A $10M–$20M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • Leapfunder — Invest in the next generation of startups with Leapfunder. Join the largest European platform for angel investors and invest online.
  • Respeecher — Voice cloning: create speech that's indistinguishable from the original speaker. Perfect for filmmakers, game developers, and other content creators.
  • Let's Enhance — Try our AI image & video tools: enhancer, upscaler, generator, editor. Online & API. Free to start.
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Darkstar Camp
VC Fund · 2 investments in Ukraine startups

DarkStar develops products and conducts military testing.

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Investment focus

  • Industry: Information Technology, Drones, Aerospace
  • Stage:Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 3
  • Round size: Seed $658k–$677k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Deftak — Deftak is a Ukrainian-Estonian defense technology startup that develops next-generation high-precision ammunition for drones. Their technology enables any unmanned aerial platform, including standard reconnaissance drones, to be converted into highly accurate strike UAVs—even in environments where GPS signals are unavailable due to electronicwarfare.
  • Stratis
  • Farsight Vision — FSV Platform delivers AI-powered decision intelligence for humans and robots. Enhance situational awareness, simulate operations, and accelerate data-driven decisions.
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Brave1
VC Fund · Kyiv, Kyyiv, Ukraine · 2 investments in Ukraine startups

Brave1 is an entrance point for cooperation in the field of Ukrainian defense technology.

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Investment focus

  • Industry: Aerospace, Manufacturing, Robotics
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Ukraine, United States, United Kingdom

Investor stats

  • Total investments: 7
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Huless — The Tethered UAS "Highline-T" 
as part of the military 
communications development 
strategy
  • MaXon Systems — MaXon Systems operates as a defense tech company. MaXon Systems develops an autonomous air-to-air defense system.
  • Sky Hunter
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ArkStream Capital
VC Fund · Grand Cayman, Midland, Cayman Islands · 2 investments in Ukraine startups

Read writing from ArkStream Capital on Medium. Crypto-native web3 venture fund. Accelerate the decentralization on ARK. Every day, ArkStream Capital and thousands of other voices read, write, and share important stories on Medium.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Series A
  • Geography: Singapore, United States, Hong Kong

Investor stats

  • Total investments: 41
  • Lead/follow: no public data

Portfolio highlights

  • ARPA — ARPA is a network that provides secure computation, which enables data to be shared and used without disclosing the raw data to anyone during data-at-use. The correctness of computation is verifiable even under majority malicious condition using Information-theoretic MAC and Zero- Knowledge Proof. By using state-of-the-art Multi-party Computationalong with innovative node communication scheme, our privacy-preserving computation protocol enables a new way of data monetization called Data Renting.
  • ARPA Network — ARPA Network is a decentralized computing network designed to improve the fairness, security, and privacy of blockchain technology.
  • Caldera — Caldera is a network of lightning fast, high-performance Ethereum rollups, unified by the Metalayer.
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Amazon Web Services
VC Fund · Seattle, Washington, United States · 2 investments in Ukraine startups, 15 in the past 12 months

Amazon Web Services offers reliable, scalable, and inexpensive cloud computing services. Free to join, pay only for what you use.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Grant, Pre-Seed
  • Geography: United States, Brazil, Lebanon

Investor stats

  • Total investments: 143
  • Round size: Grant $8k–$3M; Pre-Seed $4k–$255k
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • SemSwitch — SemSwitch is an AI infrastructure company that builds intelligent software for companies and teams to power their workflow management. Our primary product is soundOS, an application that blends multiple cloud streams and governed agentic layers with real-time TTS/STT communication in a novel way. soundOS bypasses traditional text terminals andis powered directly by our proprietary Terminal 2.0 Protocol (T2P) - a binary-native communication layer that utilizes typed CBOR frames and broker trees, allowing participants to execute coordinated tasks within their organizations in real-time, on a global scale, without ever losing state.SemSwitch is backed by infrastructure grants from both the AWS Activate program and Microsoft for Startups Founders Hub, as well as Algolia, utilizing over $20,000 in non-equity assistance to scale the multi-cloud architecture powering the launch of our platforms.
  • Alife Virtual — Alife Virtual Metaverse is a comprehensive platform, empowering you to create, trade, and thrive like never before! - Design Your Own World: Craft breathtaking virtual assets, from stunning landscapes to unique avatars. - Meet our AI Assistant! Get instant answers to any question. Chat in any language. Create scripts, textures, 3d objects, audio,video and so much more. - Local Coins: Built on robust, secure blockchain to ensure your assets and transactions are protected. - NFT Revolution: Mint NFTs effortlessly and sell them on our bustling marketplace. - User-Friendly Interface: Accessible and intuitive platform designed for both beginners and seasoned creators. - Vibrant Community: Join a thriving network of artists, developers, and entrepreneurs. Collaborate, learn, and grow together. - Support and Guidance: Round-the-clock customer service to assist you every step of the way. Embrace the future with Alife Virtual Metaverse Blockchain. Claim your space in the digital cosmos—where innovation meets opportunity. Learn. Create. Trade. Join Alife Today!
  • ADRA International — ADRA International is a global humanitarian organization affiliated with the Seventh-day Adventist Church, operating in more than 120 countries. It focuses on various development and relief efforts aimed at fighting poverty and providing disaster relief. ADRA International works through local offices and partnerships to deliver culturally relevantprograms and emergency aid, including food, shelter, and medical care in times of crisis or natural disasters. The organization also supports sustainable development projects that improve the quality of life for individuals and communities, emphasizing the empowerment of women and access to education. Additionally, ADRA offers internship programs like ADRA Bridge, which allows students to contribute to meaningful projects worldwide.
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WannaBiz
VC Fund · Odessa, Odes'ka Oblast', Ukraine · 2 investments in Ukraine startups

WannaBiz is a startup incubator and angel seed fund focused on seed stage global projects in the ad and SaaS-based technology sectors. It also invests in web and mobile development projects.The company’s investment criteria include the market size, business model, early traction, and team. Its goal is to build and develop global projects in linewith the competitive market.WannaBiz was founded in 2012 and is based in Odessa, Ukraine.

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Investment focus

  • Industry: Software, B2B, SaaS
  • Stage:Angel, Seed, Series A
  • Geography: Ukraine, United States, Canada

Investor stats

  • Total investments: 6
  • Round size: Angel $55k–$650k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rallyware — Rallyware Performance Enablement Platform (PEP) delivers the right training and business activities to the right people at the right time by connecting company-specific business goals with their workforce performance data.Rallyware PEP has been adopted in over 50 countries supporting over 20 languages for millions of users. It has been used toempower workforces in such companies as Samsung, Avon, Mary Kay, Oriflame, Vivint, and many others. Through automatically personalized learning and engagement programs companies around the globe have achieved higher sales, faster employee onboarding, increased participation in corporate initiatives, and other business objectives.We believe in the power of every single employee leading a company to success and we foster this power with the help of AI-driven PEP.
  • My NFT Wars — My NFT Wars is an innovative open-market collectible game with a strong emphasis on RPG and strategy elements. Collect heroes and build your strategy for victory in PVP and PVE battles. Join the world, full of the never-ending struggle for resources, territorial conquest, and political domination.
  • Reply.io — Reply is the leading AI-powered sales engagement platform that automates multichannel touchpoints with leads and customers throughout the sales process. From email search on LinkedIn to meetings booked right on the platform - Reply saves up to 40% of SDR and Sales teams time to focus on closing deals. Backed with a top-notch AI algorithm, Replyhelps SDRs and sales reps tailor and improve sales messages and focus on the hottest leads faster. Its robust reporting system tracks all activities for team members and automatically logs them to your CRM via native integrations, rich API with 40+ methods, or Zapier.The platform is recognized among the top 50 tools for sales in 2021 by G2 and trusted by over 2500 companies worldwide.Crush your sales quotas and book more meetings with Reply: 1. Reply automates bulk email search, LinkedIn outreach, personal emails, calls, SMS, and WhatsApp messages according to your sales playbook. 2. It offers out-of-the-box email and sequence templates with proven top performance to help you launch your outreach sequence in an hour. 3. Streamline the workflow with native CRM integrations, rich API with 40+ method, and the power of Zapier to automatically sync data and keep CRM records up to date. 4. Reply is backed with AI features: Email Sorting (check the ‘Interested’ folder for the hottest leads to focus on); Email Quality service and Email Assistant to create best-practice email copy which is likely to convert. 5. Collaborate in teams within sequences and prospects, manage workload between team members, and perform account-based selling. 6. Track your team progress with detailed in-depth reports and stats for sequences, calls, tasks, and team performance.Reply use cases: ✓ OUTBOUND SALES - automate outbound outreach to significantly scale sales and empower revenue growth. ✓ INBOUND SALES - engage in communication with potential customers and close more inbound deals. ✓ ACCOUNT MANAGEMENT - communicate with existing customers on a personal level. ✓ STAFFING & RECRUITING - reaching out to prospective job candidates. ✓ BUSINESS DEVELOPMENT - building relations with future partners. ✓ PR & LINK BUILDING - pitching journalists and bloggers with your idea.For more information visit https://reply.io
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Yannick Rault van der Vaart
Angel · Madrid, Madrid, Spain · 2 investments in Ukraine startups

Yannick Rault van der Vaart is the co-founder and CEO of Sheetgo.

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Investment focus

  • Industry: EdTech, Software, Education
  • Stage:Seed, Pre-Seed
  • Geography: Spain, Ukraine

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $365k–$500k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Noty.ai — Noty.ai is a Meeting AI assistant that creates, tracks and pushes work-related to-dos. Unlock 2 extra hours daily and make communication 100% actionable. Start for free!
  • Magistral — Helping you unleash your best self through online training in leadership, public speaking, negotiation, team management, creativity, and sales, with professional trainers, collaborators at organizations such as Coca-Cola, Spotify, IKEA, L'Oréal, Nestlé, Sony, IBM, Bayer, American Express, Heineken, BMW, Omega, Volkswagen, Herbalife, Hilton,Audi, Inditex, El Corte Inglés or Telefónica, among others.
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John Kim
Angel · San Francisco, California, United States · 2 investments in Ukraine startups

John Kim is based out of San Mateo, California, United States and is the Co-Founder & CEO of Sendbird and also Board Member of Twelve Labs. John previously worked at Gree as a Director (Business Development). John Kim attended Seoul National University.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Angel, Series A
  • Geography: United States, Ukraine, Australia

Investor stats

  • Total investments: 15
  • Round size: Seed $1M–$7M; Series A $12M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DocentPro — Connect 2 million travel creators with 1.3 billion travelers through an AI-powered travel companion, setting the goal to become the #1 in-destination travel app.
  • SimplyPut — Ditch the out-of-date dashboards and expensive in-house solutions and provide your customers with instant trustworthy answers to data questions with SimplyPut.
  • Mindset Health — Mindset Health is a digital therapeutics company that helps people manage chronic health issues like irritable bowel syndrome and anxiety with app-based hypnotherapy.
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MA7 Ventures
VC Fund · Almaty, Almaty City, Kazakhstan · 2 investments in Ukraine startups

MA7 Ventures is a venture capital firm that provides funding and support to tech startups and visionary founders, focusing on fostering innovation and growth within the startup ecosystem. The firm engages in identifying high-potential companies and offers strategic guidance, mentorship, and resources to help them scale effectively. MA7 Venturesspecializes in various sectors, including software, fintech, and digital services, aiming to create long-term value for its portfolio companies while contributing to the overall development of the technology landscape. Through its investment approach, MA7 Ventures facilitates connections between startups and industry experts, enhancing opportunities for collaboration and market expansion.

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Investment focus

  • Industry: FinTech, Medical, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Ukraine, Kazakhstan

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Liki24 — Liki24 is a logistics company that features a software platform that utilizes deep integration with partner pharmacies, clinics, and insurance companies. Its software is designed for logistics team coordination, task management, and data management.
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • Prosper Pay — Prosper Pay is a financial platform that allows employees to view up-to-date earnings and transfer funds.
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N1 investment company
VC Fund · Lisbon, Lisboa, Portugal · 2 investments in Ukraine startups

At N1 Investment Company, we are driven by more than numbers. We are creators, challengers, and visionaries who thrive on building, transforming, and making an impact.

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Investment focus

  • Industry: Artificial Intelligence, Apps, Film
  • Stage:Seed, Pre-Seed
  • Geography: Ukraine, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $1M–$5.1M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • ObriyAI — Obriy AI is a platform for creating AI‑powered tools that streamline and optimize complex business processes through the use of AI agents.
  • Wantent — Wantent is an AI-powered reaction recognition platform for consumer analytics. Applying machine learning technologies, the solution identifies customer-product emotional connections and increases the efficiency of every consumed minute of the video. Wantent is a smart marketing analysis instrument for content producers and distributors thatevaluates and forecasts emotional response to video content saving video production time and marketing budgets.
  • SteadyPay — SteadyPay exists to improve the financial wellness of all gig economy workers. Our service enables gig economy workers to enjoy consistent income even when they work inconsistent hours (due to such factors as reduced shifts, fewer bookings, time of sick and holidays). Using the SteadyPay mobile app, customers securely link to their bank, we thenwork out the customer's average income and monitor for when income drops below that average. When this happens we provide a top-up, advancing money to the customer's bank to bring their income back up to average. No interest is charged on the top-up; we are a subscription credit service. By smoothing out income we enable gig economy workers to budget with confidence for everyday essentials, and in turn reduce the need to turn to high-cost credit solutions that trigger debt spirals.
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Nezlamni Fund
VC Fund · 2 investments in Ukraine startups

Making Ukraine's tech industry stronger

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Investment focus

  • Industry: Robotics, Internet Radio
  • Stage:Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • HIMERA — A resilient communication system that operates in the most challenging conditions.
  • Frontline — Frontline is a defense technology developer working to establish new rules of battle in which robots would replace humans. Frontline specializes in the development and construction of robotic systems with their own communication platform for control and video transmission, allowing defense units to combat without the use of humans.
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Sturgeon Capital
VC Fund · London, England, United Kingdom · 2 investments in Ukraine startups

Unique investment funds for those who believe the best opportunities for profit, impact, and innovation can be found in frontier & emerging markets.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Uzbekistan, Pakistan, Bangladesh

Investor stats

  • Total investments: 36
  • Round size: Seed $100k–$5.4M; Pre-Seed $268k–$1.5M; Series A $2.1M–$17M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Cargon — A simple, fast and innovative industry leading service with powerful analytical tools.
  • Trukkr — Real-time fleet tracking, route optimization, and ERP integration for logistics companies. Transform your supply chain operations today.
  • Datacultr — Datacultr is a leading digital debt collection and risk management platform with Device Financing Solutions for Banks, NBFCs, FinTechs, Telcos, and MFIs.
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Markus Villig
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Ukraine startups

Markus Villig is founder and CEO of Taxify. He attended University of Tartu.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Seed $1.1M–$3.5M; Pre-Seed $230k–$3.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GScan — Cosmic-ray based solutions for 3D imaging. GScan redefines the boundaries of 3D scanning with Muon Flux Technology (MFT) detectors. Unparalleled quality, safety, ease-of-use. Scan anything. Detect everything.
  • Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
  • ScamGuardian.AI — Providing Actionable Intelligence to Stop Scams
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BADideas.fund
VC Fund · 2 investments in Ukraine startups

BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Grant
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 23
  • Round size: Seed $1M–$6.5M; Pre-Seed $340k–$1.2M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Leya AI — Supercharging your English confidence is simple. Leya AI can help as your personal coach to make you confident faster! Just 10 minutes everyday and you'll learn English in no time.
  • Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.
  • Desktop Commander — Desktop Commander is a powerful MCP tool that helps developers manage files, set up servers, and deploy applications with ease.
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Presto Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 2 investments in Ukraine startups

We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Czech Republic, United States, Estonia

Investor stats

  • Total investments: 82
  • Round size: Seed $713k–$3.3M; Pre-Seed $132k–$1.4M; Series A $3.8M–$32M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $159M in 2024

Portfolio highlights

  • GoRamp — GoRamp offers top-tier software solutions for shippers to make proactive decisions while sourcing, monitoring & analysing transportation management
  • Adam — Adam connects you with verified painters and decorators across whole Europe. Get an instant price estimate and book a painter for the next day already!
  • PilotGo — Developer platform for secure data sharing with multiple partners powered by Digital Twins.
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AU21 Capital
VC Fund · San Francisco, California, United States · 2 investments in Ukraine startups

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 147
  • Lead/follow: no public data

Portfolio highlights

  • A-World — A-world is a super metaverse card tower defense battle game based on BNB CHAIN.
  • Nillion — The Secure Processing Layer of Web3
  • Vue Protocol — Vue Protocol operates as a layer2 for Web3 Social.
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Elias Veris
Angel · Madrid, Madrid, Spain · 2 investments in Ukraine startups

Elias Veris is a Global Strategy & Operations Lead, Google for Startups at Google.

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Investment focus

  • Stage:Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Noty.ai — Noty.ai is a Meeting AI assistant that creates, tracks and pushes work-related to-dos. Unlock 2 extra hours daily and make communication 100% actionable. Start for free!
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Investor funding in Ukraine at a glance

Stats across 413 deals from 317 investors.

317
investors
in Ukraine startups
413
deals
in Ukraine startups
$200k
median round
in Ukraine startups
42%
lead investors
lead at least one round
27%
Seed
most common funding stage
75/25
VC / Angel
share of investor count

Access all 317 investors in Ukraine startups.

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