Top 20 Manufacturing VC Funds & Investors in Ukraine (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
SMRK VC Fund
VC Fund
|
5 | United States, Ukraine, Finland | Seed, Pre-Seed | Software, Artificial Intelligence, E-Commerce | $200k–$2.4M |
|
European Bank for Reconstruction and Development
VC Fund
|
4 | Turkey, Egypt, Ukraine | Debt Financing, Post-IPO Debt, Private Equity | Financial Services, Banking, Energy | $5M–$320M |
|
Freedom Fund VC
VC Fund
|
2 | Ukraine, Estonia, United States | Pre-Seed, Seed | Military, Manufacturing, Laser | $100k–$3.6M |
|
Brave1
VC Fund
|
2 | Ukraine, United States, United Kingdom | Grant, Seed, Pre-Seed | Aerospace, Manufacturing, Robotics | $49k–$50k |
|
Black Sea Trade & Development Bank
VC Fund
|
2 | Romania, Ukraine, Turkey | Debt Financing, Post-IPO Debt | Financial Services, Energy, Banking | $5.5M–$370M |
|
D3 Ventures
VC Fund
|
2 | United States, Ukraine, United Kingdom | Seed, Pre-Seed, Series A | Drones, Manufacturing, Robotics | $125k–$100M |
|
Horizon Capital
VC Fund
|
1 | Ukraine, Moldova, United States | Private Equity, Series A | Software, E-Commerce, Financial Services | $5M–$68M |
|
JSC KredoBank
VC Fund
|
1 | Ukraine | Debt Financing | Electronics, Electric Vehicle, Charging Infrastructure | |
|
Defence Builder
VC Fund
|
1 | Ukraine | Seed, Grant, Pre-Seed | Manufacturing, Robotics, Aerospace | |
|
Innovate UK
VC Fund
|
1 | United Kingdom, United States, Ireland | Grant, Seed, Pre-Seed | Health Care, Biotechnology, Software | $57k–$3.7M |
|
Front Ventures
VC Fund
|
1 | Ukraine, Poland | Seed, Pre-Seed | Robotics, Drones, Security | $400k–$1.7M |
|
Green Flag Ventures
VC Fund
|
1 | Ukraine, Estonia, United States | Seed, Series A | Software, Military, Aerospace | $150k–$2.7M |
|
Research Capital Corporation
VC Fund
|
1 | Canada, Ukraine | Post-IPO Equity, Seed, Post-IPO Debt | Robotics, Drones, Energy | $560k–$8M |
|
Pravo Ventures
VC Fund
|
1 | Ukraine | Seed | Wholesale, Industrial, Manufacturing | |
|
UNBROKEN Ukraine
VC Fund
|
1 | Ukraine | Seed | AgTech, Drones, Robotics | |
|
First Ukrainian International Bank
VC Fund
|
1 | Ukraine, United Kingdom | Debt Financing | AgTech, Energy, Farming | $183k–$72M |
|
Double Tap Investments
VC Fund
|
1 | Ukraine | Seed, Pre-Seed | Robotics, Software, Analytics | $600k–$600k |
|
Big Defence
VC Fund
|
1 | Ukraine | Seed | Aerospace, Manufacturing, Air Transportation | |
|
Traxys S.A.
VC Fund
|
1 | United States, Canada, Ukraine | Debt Financing, Corporate Round, Series A | Mining, CleanTech, Industrial | $500k–$35M |
|
JSC «VST BANK».
VC Fund
|
1 | Ukraine | Debt Financing | Electronics, Electric Vehicle, Charging Infrastructure | |
| Access all 40 VC funds in Ukraine Manufacturing startups. | |||||
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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.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, E-Commerce
- Stage:Seed, Pre-Seed
- Geography: United States, Ukraine, Finland
Investor stats
- Total investments: 41
- Round size: Seed $200k–$2.4M; Pre-Seed $500k–$2M
- Lead/follow: 63% lead, 37% follow
- Last fund: May invest from a new fund soon — raised $10M in 2013
Portfolio highlights
- Ajax Systems — Ajax alarm system includes everything you need to protect your property | Professional home security system that combines CCTV, fire alarm and automation
- Esper Bionics — Solutions to transform the prosthetic industry and augment humanity
- AmazingHiring — AmazingHiring is an AI-powered sourcing solution that helps IT recruiters find, pre-screen and engage technical talents.
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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- Industry: Financial Services, Banking, Energy
- Stage:Debt Financing, Post-IPO Debt, Private Equity
- Geography: Turkey, Egypt, Ukraine
Investor stats
- Total investments: 472
- Round size: Post-IPO Debt $17M–$320M; Debt Financing $5M–$211M; Private Equity $11M–$100M
- Lead/follow: 76% lead, 24% follow
Portfolio highlights
- İşbank — İşbank is a Turkish commercial banking service provider.
- Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
- 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 " .
We invest in technology-based start-ups that have the potential to disrupt the defence innovation cycle.
Show more...Investment focus
- Industry: Military, Manufacturing, Laser
- Stage:Pre-Seed, Seed
- Geography: Ukraine, Estonia, United States
Investor stats
- Total investments: 11
- Round size: Seed $150k–$2.5M; Pre-Seed $100k–$3.6M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- HIMERA — A resilient communication system that operates in the most challenging conditions.
- MaXon Systems — MaXon Systems operates as a defense tech company. MaXon Systems develops an autonomous air-to-air defense system.
- Occam Industries — Modernising automation for modern conflict environments. Sole European supplier to the Ukrainian front line.
Brave1 is an entrance point for cooperation in the field of Ukrainian defense technology.
Show more...Investment focus
- Industry: Aerospace, Manufacturing, Robotics
- Stage:Grant, Seed, Pre-Seed
- Geography: Ukraine, United States, United Kingdom
Investor stats
- Total investments: 8
- Round size: Grant $49k–$50k
- Lead/follow: 75% lead, 25% 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 —
The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by 11 countries in the Black Sea region.
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- Industry: Financial Services, Energy, Banking
- Stage:Debt Financing, Post-IPO Debt
- Geography: Romania, Ukraine, Turkey
Investor stats
- Total investments: 35
- Round size: Post-IPO Debt $5.5M–$339M; Debt Financing $7.1M–$370M
- Lead/follow: 80% lead, 20% follow
Portfolio highlights
- ERG Insaat — ERG Insaat is an infrastructure development company that works in the airport, road, bridges, dam, and power plant construction.
- OKKO Group — OKKO Group operates fuel retail and is expanding into renewable energy generation in Ukraine.
- Metinvest Group — Metinvest is an international, vertically integrated mining and metals company. The Group comprises mining and metallurgical assets in Ukraine, Europe and the US, complemented by a global sales network. Metinvest manages the complete production chain, from extracting iron ore and coal to manufacturing semi-finished and finished steel products. Withassets close to key railway lines and ports, Metinvest can supply raw materials and steel products anywhere in the world.
This is an example page. It's different from a blog post because it will stay in one place and will show up in your site navigation (in most themes). Most people start with an About page that introduces them to potential site visitors. It might say something like this: Hi there! I'm a bike messenger
Show more...Investment focus
- Industry: Drones, Manufacturing, Robotics
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Ukraine, United Kingdom
Investor stats
- Total investments: 20
- Round size: Seed $200k–$50M; Pre-Seed $125k–$519k; Series A $15M–$100M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- UFORCE — UFORCE is a defence technology business that specialises on combat-proven unmanned systems for air, ground, and marine operations.
- Buntar Aerospace — Buntar Aerospace is an aerospace manufacturing company. It provides navigation systems with artificial intelligence modules,drones, and custom software.
- Tytan Technologies — TYTAN Technologies builds autonomous interceptors engineered for the realities of modern drone warfare.
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.
Show more...Investment focus
- Industry: Software, E-Commerce, Financial Services
- Stage:Private Equity, Series A
- Geography: Ukraine, Moldova, United States
Investor stats
- Total investments: 41
- Round size: Series A $5M–$22M; Private Equity $7M–$68M
- Lead/follow: 66% lead, 34% follow
- Last fund: Likely still investing — raised $350M in 2024
Portfolio highlights
- Maib — Maib is the largest bank in Moldova. We have over 1.2 million customers, 960k mobile bank users, EUR 3.5b in assets and EUR 470m book value.
- Makeup — MAKEUP is an online cosmetic store that offers perfumes, beauty and personal care products.
- NOTUS energy — NOTUS energy development is a planning, implementing and operating wind energy company.
The Public JSC KredoBank is a bank headquartered in Lviv in Ukraine.
Show more...Investment focus
- Industry: Electronics, Electric Vehicle, Charging Infrastructure
- Stage:Debt Financing
- Geography: Ukraine
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- ECOFACTOR — ECOFACTOR is Ukraine’s #1 EV charging network and a full-stack software and hardware ecosystem, powering over 730+ charge point operators across 13 countries. From sun to wheel, we design and manufacture EV charging stations, deliver scalable charge point management systems for businesses, and operate a driver app with 350,000+ users. In 2025, weare expanding into renewable energy hubs, further strengthening resilient, future-proof mobility infrastructure.Born from Ukrainian engineering excellence, ECOFACTOR builds EV charging solutions proven to perform under extremely harsh conditions and highly unstable power grids. Even amid blackouts and severe grid stress, our technology has demonstrated exceptional reliability. This resilience has fueled rapid growth in Ukraine and continued international expansion across Europe, the UK and Central Asia.
Defence Builder is a non-governmental organization that supports startups for developing and scaling in defense technologies.
Show more...Investment focus
- Industry: Manufacturing, Robotics, Aerospace
- Stage:Seed, Grant, Pre-Seed
- Geography: Ukraine
Investor stats
- Total investments: 3
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Strug — Strug specialises in designing and manufacturing plastic products and offers engineering solutions.
- MaXon Systems — MaXon Systems operates as a defense tech company. MaXon Systems develops an autonomous air-to-air defense system.
- Trinity Robotics — Trinity Robotics manufactures modular, unmanned ground vehicle platforms engineered to execute logistics, landmine placement, and casualty evacuation operations in high-risk zones. The core business model centers on the mass assembly of standardized, field-repairable robotic hardware integrated with advanced communication systems like Starlink andautonomous GPS modules. The company provides value by substituting human personnel with remotely operated machinery to preserve lives during hazardous missions. This utility is enhanced through a customizable platform design capable of carrying heavy payloads across severe terrain in adverse weather conditions.
Innovate UK is part of the UK Research and Innovation .
Show more...Investment focus
- Industry: Health Care, Biotechnology, Software
- Stage:Grant, Seed, Pre-Seed
- Geography: United Kingdom, United States, Ireland
Investor stats
- Total investments: 925
- Round size: Seed $349k–$3.7M; Grant $62k–$1.8M; Pre-Seed $57k–$1.5M
- Lead/follow: 79% lead, 21% follow
Portfolio highlights
- Your FLOCK — Your FLOCK helps teams stay together longer by increasing employees engagement by asking the right questions based on a team member's values.
- NovaBiotics — A leading clinical-stage biotechnology company focused on the design and development of first-in-class anti-infectives for difficult-to-treat diseases
- Symbiosis Pharmaceutical Services — Symbiosis Pharma is a biologics CMO offering rapid access to aseptic fill finish manufacturing slots across vaccines, ATMPs, mAbs & more
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Front Ventures is a Swedish listed investment company focused on defense technology. We invest in companies strengthening European and allied defense capabilities.
Show more...Investment focus
- Industry: Robotics, Drones, Security
- Stage:Seed, Pre-Seed
- Geography: Ukraine, Poland
Investor stats
- Total investments: 5
- Round size: Seed $400k–$1.7M
- Lead/follow: 80% lead, 20% follow
Portfolio highlights
- Trinity Robotics — Trinity Robotics manufactures modular, unmanned ground vehicle platforms engineered to execute logistics, landmine placement, and casualty evacuation operations in high-risk zones. The core business model centers on the mass assembly of standardized, field-repairable robotic hardware integrated with advanced communication systems like Starlink andautonomous GPS modules. The company provides value by substituting human personnel with remotely operated machinery to preserve lives during hazardous missions. This utility is enhanced through a customizable platform design capable of carrying heavy payloads across severe terrain in adverse weather conditions.
- Black Forest Systems — Black Forest Systems develops autonomous robotic systems to advance military technology and reduce battlefield risks.
- Molfar Defence Technologies — Molfar develops tactical radar solutions for early detection, localization, and tracking of small aerial threats in complex operational conditions.
Green Flag Ventures backs Ukrainian startups building dual use, defense, and cyber products proven in combat and scaling to NATO & Fortune 500 markets.
Show more...Investment focus
- Industry: Software, Military, Aerospace
- Stage:Seed, Series A
- Geography: Ukraine, Estonia, United States
Investor stats
- Total investments: 10
- Round size: Seed $150k–$2.7M
- Lead/follow: 60% lead, 40% follow
Portfolio highlights
- HIMERA — A resilient communication system that operates in the most challenging conditions.
- 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.
- MaXon Systems — MaXon Systems operates as a defense tech company. MaXon Systems develops an autonomous air-to-air defense system.
Research Capital Corporation is an investment firm that provides advisory services, wealth management, sales and trading services.
Show more...Investment focus
- Industry: Robotics, Drones, Energy
- Stage:Post-IPO Equity, Seed, Post-IPO Debt
- Geography: Canada, Ukraine
Investor stats
- Total investments: 6
- Round size: Post-IPO Equity $560k–$8M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Skyeton — We are a bootstrap tech startup. We were founded by a group of dedicated aviation engineers in 2006. After developing and selling more than 100 ultralight sports aircraft, the company developed a high-performance unmanned aerial system, Raybird 3. Raybird 3 is a fully autonomous airborne robot system. Independent journalists adjudicated our flightendurance at 24.5 hours with a carburetor engine. Recently, we adopted fuel injection that extends our flight endurance beyond 30 hours, uninterrupted/day & night. Our LTM revenue as of May 2020 was $3.3M, and we are profitable. We developed 80% of our 48 subsystems, which gives us agility and flexibility to provide tailored turnkey solutions to our customers' needs reliably. https://fire-in.eu/en listed our solution as civilian use for early wildfire detection. We already held meetings with France, Spain, & Greece and gained tractions with the US Dept. of Interiors. We just don't sell systems; we also provide Drone(Data)-as-a-Service business model to enterprises who may have limited use of our system on a yearly basis. We owned several patents, of which one of them approved in May 2020 by US PTO. We have several unique custom solutions built on AI/Computer Vision. One of them is to work in tandem with First Responders in early wildfire detections. We can scan 10,000 sq. Km every 12 hours. The moment the drone detects a hotspot as small as 6x3 feet from 2,700 feet above the ground, it goes back to the location to take pictures. Images then is transmitted to the Ground Control Station so the Operator can dispatch the First Responder to the site. We also provide Geodesy certified mapping of large areas. We are a UAV swarm minded company and have many exciting projects in the pipeline that will continue to shatter new grounds. We are disrupting terrestrial & piloted flying systems, data collection, detection, and mapping businesses.
- Golden Rapture Mining — Golden Rapture Mining is a well-funded exploration company engaged in the acquisition, exploration, and development of high-potential assets located in favourable, established Tier 1 mining jurisdictions in the Rainy River and Geraldton areas of NW Ontario, Canada. Their two properties are truly a treasure trove of forgotten golden opportunitieswith an astonishing eighteen (18) mine shafts and an adit with visible gold having been recorded historically & recently at their Rainy River area property (first discovered in 1894) and their past producing Hutchison/Maylac Gold Mine located in the Geraldton Gold Camp, NW Ontario which was (mined from 1937 to 1947).
- Nevada Lithium Resources — Securing America's Clean Energy Future | CSE: $NVLH | FSE: 87K | OTCQB: $NVLHF
A closed-wall syndicate giving Western allies a stake in Ukraine's success. Curated startup deals, intelligence-grade briefings, and the RECON platform.
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- Industry: Wholesale, Industrial, Manufacturing
- Stage:Seed
- Geography: Ukraine
Investor stats
- Total investments: 1
- Lead/follow: 100% lead, 0% follow
UNBROKEN is a humanitarian initiative providing medical treatment, rehabilitation, and support services to war-affected individuals.
Show more...Investment focus
- Industry: AgTech, Drones, Robotics
- Stage:Seed
- Geography: Ukraine
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Ailand Systems — Ailand Systems specializes in the development of smart autonomous drones with a focus on agriculture. The company designs both software and hardware components to enhance situational awareness and operational efficiency in agricultural practices. Ailand Systems' technology aims to optimize crop monitoring, data collection, and farmingoperations through the use of drones. With a team that has experience in creating products that have been acquired by major corporations, Ailand Systems is dedicated to innovating in the field of agricultural robotics. The company is based in Ukraine and has a small team of specialists committed to advancing drone technology for agricultural applications.
First Ukrainian International Bank is a large and steadfast privately owned bank.
Show more...Investment focus
- Industry: AgTech, Energy, Farming
- Stage:Debt Financing
- Geography: Ukraine, United Kingdom
Investor stats
- Total investments: 3
- Round size: Debt Financing $183k–$72M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- DTEK — DTEK Group is a diversified energy holding that includes six businesses and Academy DTEK, our corporate university. DTEK Group is the largest private investor in the energy sector in Ukraine, with over €12 billion in invested capital since 2005, employing 55,000 people.
- Agrovista — Your local agronomy experts. Talk to us for; Agronomy - Seed Supply - AgChem/Inputs - Trials/Technical - Precision Technology - Business Support
- ECOFACTOR — ECOFACTOR is Ukraine’s #1 EV charging network and a full-stack software and hardware ecosystem, powering over 730+ charge point operators across 13 countries. From sun to wheel, we design and manufacture EV charging stations, deliver scalable charge point management systems for businesses, and operate a driver app with 350,000+ users. In 2025, weare expanding into renewable energy hubs, further strengthening resilient, future-proof mobility infrastructure.Born from Ukrainian engineering excellence, ECOFACTOR builds EV charging solutions proven to perform under extremely harsh conditions and highly unstable power grids. Even amid blackouts and severe grid stress, our technology has demonstrated exceptional reliability. This resilience has fueled rapid growth in Ukraine and continued international expansion across Europe, the UK and Central Asia.
Double Tap Investment (DTI) is committed to invest in Ukrainian defense technology startups
Show more...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 — Hard Cat Drones specializes in the development of innovative unmanned systems for river and maritime operations.
updated site for BigD
Show more...Investment focus
- Industry: Aerospace, Manufacturing, Air Transportation
- 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.
- MaXon Systems — MaXon Systems operates as a defense tech company. MaXon Systems develops an autonomous air-to-air defense system.
From exploration and mining to trading and marketing, we provide critical sourcing solutions for the ferroalloy, metal, mineral, mining and energy industries that power modern life.
Show more...Investment focus
- Industry: Mining, CleanTech, Industrial
- Stage:Debt Financing, Corporate Round, Series A
- Geography: United States, Canada, Ukraine
Investor stats
- Total investments: 8
- Round size: Series A $16M–$30M; Debt Financing $2M–$35M; Corporate Round $500k–$9M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Phoenix Tailings — Phoenix Tailings leads rare earth refining in the U.S. to secure the metals our economy and defense need to thrive.
- Westwin Elements — Westwin Elements is a supplier of nickel and cobalt that is essential to key applications.
- Sedibelo Resources — Sedibelo Resources is a developing producer of platinum group metals (PGMs), is active in the acquisition, exploration for, and development and operation of deposits
JSC ‘VST BANK’ (Joint Stock Company ‘VST BANK’) is a Ukrainian financial institution formerly known as Bank Vostok.
Show more...Investment focus
- Industry: Electronics, Electric Vehicle, Charging Infrastructure
- Stage:Debt Financing
- Geography: Ukraine
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- ECOFACTOR — ECOFACTOR is Ukraine’s #1 EV charging network and a full-stack software and hardware ecosystem, powering over 730+ charge point operators across 13 countries. From sun to wheel, we design and manufacture EV charging stations, deliver scalable charge point management systems for businesses, and operate a driver app with 350,000+ users. In 2025, weare expanding into renewable energy hubs, further strengthening resilient, future-proof mobility infrastructure.Born from Ukrainian engineering excellence, ECOFACTOR builds EV charging solutions proven to perform under extremely harsh conditions and highly unstable power grids. Even amid blackouts and severe grid stress, our technology has demonstrated exceptional reliability. This resilience has fueled rapid growth in Ukraine and continued international expansion across Europe, the UK and Central Asia.
Manufacturing VC funding in Ukraine at a glance
Stats across 51 deals from 40 investors.
Access all 40 VC funds in Ukraine Manufacturing startups.
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