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Top 5 Medical Device VC Funds & Investors in Ukraine (September 2026)

The most active venture capital funds investing in Ukraine Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ukraine Medical Device 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
3 Ukraine, United States, United Kingdom Grant, Pre-Seed, Seed Software, Information Technology, Health Care $25k–$150k
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5.1M–$369M
YZR Capital
VC Fund
1 Germany, United Kingdom, Poland Seed, Pre-Seed, Series A Health Care, Medical, Artificial Intelligence $742k–$52M
SMRK VC Fund
VC Fund
1 United States, Ukraine, Finland Seed, Pre-Seed Software, Artificial Intelligence, E-Commerce $200k–$2.8M
u.ventures
VC Fund
1 United States, Ukraine, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, E-Commerce $500k–$20M
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Ukrainian Startup Fund
VC Fund · Kyiv, Kyyiv, Ukraine · 3 investments in Ukraine Medical Device startups

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, Health Care
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Ukraine, United States, United Kingdom

Investor stats

  • Total investments: 242
  • Round size: Seed $50k–$150k; Grant $25k–$50k; Pre-Seed $25k–$50k
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Josti — Josti is a proptech platform that allows users to rent homes for one to twelve months without paying real estate fees.
  • Romtos — Romtos is a career path portal that connects IT firms, students, and freelancers.
  • PeopleForce — PeopleForce is one of the BEST and fastest growing online HR Software service provider, we consist​ of highly qualified and experienced members with dedicated team. we love the fact that our solution and software is making HR service more convenient and easy for our customer. Our Product Include Applicant Tracking Software: Our service help youfind the right person more faster and easier Staff Onboarding: Every phase of onboarding process with a new employer is important. By using our onboarding software you will increase employee retention and save more money and stress. Leave tracking: Leave tracking will help you to easily record leave for holidays, vacations, half-day etc.Electronic signatures: Tool to sign your documentHR Reporting: This prove report on all employee on annual salary and current employment status with date range.Performance management: Measure the effective and efficient manner to employee process that enhances your employee’s performance through aligned goals and development. employee directory: Employer master database, thus providing all the information about employee. Custom workflows: Design a custom workflow to fit your organization needs. At PeopleForce , we understand the difficulties in getting the best hands. We also understand the necessity to use good and reliable software and service. We're here to help all of our customers and their unique needs. PeopleForce we “OFFER THE BEST”
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Ukraine Medical Device 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, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 485
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$215M; Private Equity $15M–$100M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • Yapı ve Kredi Bankası — Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey. It is engaged in credit cards, assets management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. It is 80% owned by Koc Finansal Hizmetler (KFH), whose combined financial services network consists of over 13 millioncustomers and 835 branches in Turkey.Yapi Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years. In 2005, the majority of shares in Yapi Kredi was acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH) was an equal partnership between Koç Holding and Italian banking giant, Unicredit. In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapi Kredi owned by KFS.
  • European Metals Holdings — European Metals Holdings is a mineral exploration and development company engaged in the exploration of tin and base metals. The Company is primarily involved in the development of a lithium and tin project in the Czech Republic.
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YZR Capital
VC Fund · Munich, Bayern, Germany · 1 investments in Ukraine Medical Device startups, 7 in the past 12 months

We back ambitious HealthTech founders solving complex healthcare challenges. We provide capital, deep sector expertise, and hands-on support to build global champions.

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Investment focus

  • Industry: Health Care, Medical, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United Kingdom, Poland

Investor stats

  • Total investments: 36
  • Round size: Seed $2.5M–$5.5M; Pre-Seed $742k–$2.5M; Series A $10M–$52M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $105M in 2022

Portfolio highlights

  • Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
  • dehaze — dehaze provides healthcare services by bringing medical AI models into clinical practice.
  • Scan.com — Use scan.com to find the best medical imaging centers near you Find an MRI scan, CT scan, X-ray Scan, or other diagnostic imaging scan with scan.com.
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SMRK VC Fund
VC Fund · Kiev, Kyyivs'ka Oblast', Ukraine · 1 investments in Ukraine Medical Device 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: 42
  • Round size: Seed $200k–$2.8M; Pre-Seed $500k–$2M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • MyChatBot — Build sales, support, social, voice and custom AI agents in one workspace. Automate every channel, team and workflow with one AI platform.
  • Ajax Systems — Ajax alarm system includes everything you need to protect your property | Professional home security system that combines CCTV, fire alarm and automation
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
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u.ventures
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Ukraine Medical Device 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, United Kingdom

Investor stats

  • Total investments: 44
  • Round size: Seed $580k–$5.5M; Pre-Seed $500k–$4M; Series A $2M–$20M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Embedd — Chips modelled as digital twins. Software, tests and simulations generated for any target.
  • Cargofy — Cargofy it's a mobile assistant, kind of a "Siri" but for truck drivers. We help truckers access to high paying loads through our app, and receive discounts on fuel, maintenance, and truck parts.
  • SOC Prime — SOC Prime operates the world's largest and most advanced platform for collaborative cyber defense following its mission to transform threat detection with the power of collective cybersecurity expertise. Relied upon by over 11,000 global organizations, SOC Prime supercharges cybersecurity operations enabling teams to hunt for threats anddefend against attacks easier, faster, and more efficiently than ever before. Founded in 2015 by security analysts and Detection Engineers, we have built the platform to help companies establish basic security practices, improve threat visibility, and advance automated incident response. Our technology helps enterprises, governments, MSSPs, and MDR providers overcome the challenges of the global talent shortage, threat complexity, alert fatigue, data quality, and cost-efficiency. SOC Prime Platform enables security teams to address the challenges of building advanced and threat-specific detections, organize and execute around strategic detection objectives, and manage the deployment of content at scale across a diverse range of security analytics tools. We serve Fortune-100 and Forbes Global 2000 enterprises, as well as government organizations by providing a platform for global collaboration, open-source technologies, and the highest level of support.SOC Prime helps customers centrally source and support detection content to maximize the value of their existing security investments. Powered by collaboration from a global cybersecurity community, our Detection as Code platform curates the most up-to-date Sigma rules and integrates with over 44 SIEM, EDR, and Data Lake platforms. Flexible subscriptions ensure that both organizations and individual operators can benefit from enhanced cyber defense capabilities. Threat Detection Marketplace, the world's leading and largest security analytics repository powered by SOC Prime Platform, delivers access to a constantly growing library of 500,000+ context-enriched detections aligned with the MITRE ATT&CK® framework and continuously updated. SOC Prime supports continuous content quality improvement backed by feedback from 11,000+ organizations, 55,000+ users, and 800 threat bounty members, who actively contribute their own detection content to the SOC Prime Platform while receiving recurring rewards for their input. Our team is diverse and distributed, comprising seasoned security experts with 20+ years of experience in the industry, creative designers, multilevel software developers, young and ambitious security researchers, analysts, and business leaders. We strongly believe that cybersecurity is one of the major challenges for humanity and can be improved by open source, knowledge sharing, and a performance-driven culture.
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Medical Device VC funding in Ukraine at a glance

Stats across 18 deals from 13 investors.

13
investors
in Ukraine Medical Device startups
18
deals
in Ukraine Medical Device startups
$55k
median round
in Ukraine Medical Device startups
77%
lead investors
lead at least one round
33%
Grant
most common funding stage

Access all 13 VC funds in Ukraine Medical Device startups.

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