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Top 5 Medical Device VC Funds & Investors in Ukraine (June 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, Estonia Pre-Seed, Seed, Grant Software, Information Technology, SaaS $11k–$50k
European Bank for Reconstruction and Development
VC Fund
2 Turkey, United States, Egypt Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $4.4M–$479M
YZR Capital
VC Fund
1 Germany, Poland, United Kingdom Seed, Pre-Seed, Series A Health Care, Software, Artificial Intelligence $764k–$48M
SMRK VC Fund
VC Fund
1 Ukraine, United States, Finland Seed, Series A Software, E-Commerce, Artificial Intelligence $300k–$2.4M
u.ventures
VC Fund
1 United States, Ukraine, Estonia Seed, Pre-Seed, Series A Software, Artificial Intelligence, E-Commerce $500k–$20M
Access all 9 VC funds in Ukraine Medical Device startups.

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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, SaaS
  • Stage:Pre-Seed, Seed, Grant
  • Geography: Ukraine, United States, Estonia

Investor stats

  • Total investments: 77
  • Round size: Seed $50k–$50k; Grant $11k–$50k; Pre-Seed $25k–$50k
  • Lead/follow: 90% lead, 10% follow

Portfolio highlights

  • FluxHR — FluxHR is an AI-Based recruiting platform for video interviews.
  • Svitylo — Svitylo is a integrated education system that provides knowledge and multimedia educational tools.
  • Wolk — Wolk is an AI application that performs candidate screening and early interviews that helps to find fast performers.
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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, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Turkey, United States, Egypt

Investor stats

  • Total investments: 232
  • Round size: Post-IPO Debt $5M–$479M; Debt Financing $4.4M–$165M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • 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.
  • 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.
  • 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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YZR Capital
VC Fund · Munich, Bayern, Germany · 1 investments in Ukraine Medical Device startups

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, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, Poland, United Kingdom

Investor stats

  • Total investments: 28
  • Round size: Seed $1.1M–$5.3M; Pre-Seed $764k–$2.5M; Series A $10M–$48M
  • Lead/follow: 68% lead, 32% follow
  • Last fund: Likely still investing — raised $70M in 2022

Portfolio highlights

  • dehaze — dehaze provides healthcare services by bringing medical AI models into clinical practice.
  • Vetnio — Vetnio is an AI scribe that records conversations between veterinary professionals and pet owners, automatically generating clinical notes for the meetings. It saves veterinary professionals time, allowing them to focus more on their patients.
  • Caire — The Future of health measurements is contactless
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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, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Ukraine, United States, Finland

Investor stats

  • Total investments: 32
  • Round size: Seed $300k–$2.4M
  • 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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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, 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.
Show all investments...

Medical Device VC funding in Ukraine at a glance

Stats across 11 deals from 9 investors.

9
investors
in Ukraine Medical Device startups
11
deals
in Ukraine Medical Device startups
$2.5M
median round
in Ukraine Medical Device startups
67%
lead investors
lead at least one round
27%
Pre-Seed
most common funding stage

Access all 9 VC funds in Ukraine Medical Device startups.

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