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Top 5 Retail Startup Investors in Ukraine (August 2026)

The most active venture capital funds and angel investors investing in Ukraine Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ukraine Retail 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
2 Ukraine, United States, United Kingdom Grant, Pre-Seed, Seed Software, Information Technology, Health Care $25k–$50k
Bas Godska
Angel
1 United States, The Netherlands, United Kingdom Pre-Seed, Seed, Angel Software, Artificial Intelligence, SaaS $85k–$2M
IFC Venture Capital Group
VC Fund
1 United States, India, China Series B, Series C Energy, Internet, Software $9.1M–$60M
Xevin Investments
VC Fund
1 Poland, United States, Israel Seed, Series A Internet, E-Commerce, Software $120k–$1.1M
QPDigital
VC Fund
1 United States, Ukraine, Russian Federation Seed, Pre-Seed, Series A Software, SaaS, Wellness $200k–$610k
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Ukrainian Startup Fund
VC Fund · Kyiv, Kyyiv, Ukraine · 2 investments in Ukraine Retail 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: 225
  • Round size: Seed $50k–$50k; Grant $25k–$50k; Pre-Seed $25k–$50k
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • Romtos — Romtos is a career path portal that connects IT firms, students, and freelancers.
  • SYLA — Biosimilar, Affordable Prosthetic Knee
  • 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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Bas Godska
Angel · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Ukraine Retail startups

Founder Acrobator Ventures, Tech Investment Fund. Founder Acrobator.com, growth hack and marketing advisory firm. Co-Founder Netherlands for Ukraine Foundation (NL4UA.org) supporting Ukrainians affected by the war since 2022. Digital Dutchman, entrepreneur-turned-investor. eCommerce expert, growth hacker and marketeer since 2000. Assisted 100+companies worldwide as CMO, MD, board advisor, consultant. Ranked #1 Foreign Angel Investor in Russia (EWDN); Top 10 Angel Investor (Firrma.ru/SLON), Crunchbase: #1 Dutch (2019) & Top 50 EU angel investor. Techcrunch / Crunchbase: "Bas Godska is one of the most prolific Western investors in Eastern Europe." Bas' Angel Fund (>EUR 100mn AUM) ranked by PitchBook as #2 in success by IRR (2021). Top 50 SuperAngel worldwide (Arete Index, 2024-25)Roles Europe/Russia/CIS (2003-2019): CMO lastminute.com ; Country Manager Sportingbet ; CMO Europe Ebookers.com / Orbitz.com ; MD Gogol Media. CMO / dep. CEO Ozon.ru ; VP Marketing Gloria Jeans ; CMO Lamoda.ru (Rocket Internet) ; CMO Digital KupiVIP.ru ; eCommerce Director a.i. Enter | Svyaznoi ; MD myThings.com ; Guest Lecturer Digital Marketing at Skolkovo MSM MBA (2013), Guest lecturer Stanford IGC Exec MBAAngel investor in decacorn Miro, Harver (exit to Rubicon PE), Chocofamily, Piano. Bas' angel investments (~50) have helped founders raise over $1 billion from investors like Iconiq, Accel, Insight, Salesforce, Google, YC, and Techstars. The combined market cap of these companies, based on their latest funding rounds, is ~$20 billion. As a VC/LP Bas invested in 400+ companies including 20+ unicorns.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, The Netherlands, United Kingdom

Investor stats

  • Total investments: 54
  • Round size: Seed $300k–$2M; Angel $90k–$110k; Pre-Seed $85k–$2M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Helio AI — Automated AI-powered recruiting platform with ATS and gamified personality test. Reduce daily workload by 60% and hire top talents in a few clicks.
  • Crosscheck — Crosscheck's AI agents automate document workflows and ensure 100% requirement-to-evidence traceability across your supply chain, backed by vetted auditors and industry-leading Certification Bodies.
  • JobHire.AI — JobHire.AI for job search. Your AI Career Assistant that helps you land an interview 10 times faster, match with top employers, and boost your career growth.
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IFC Venture Capital Group
VC Fund · Washington, District of Columbia, United States · 1 investments in Ukraine Retail startups

IFC supports technology ventures that are creating new opportunities in emerging markets, transforming industries, and driving inclusive growth while realizing strong returns.

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Investment focus

  • Industry: Energy, Internet, Software
  • Stage:Series B, Series C
  • Geography: United States, India, China

Investor stats

  • Total investments: 62
  • Round size: Series B $10M–$43M; Series C $9.1M–$60M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Scanntech — Scanntech provides point-of-sale software to retail stores. The company offers tech solutions and connectivity in sales points to enables independent supermarkets to process transactions, run inventory management, and provide financial services to consumers through intelligence point of sale software.Scanntech was founded in 1992 and is based inMontevideo, Uruguay.
  • Ingenix — Ingenix is building an AI Co-pilot for generating real-time hypotheses on clinical endpoints values and adverse events.
  • Johnvents Industries — Johnvents Group is a leading agribusiness and global integrated value chain participant, driving sustainable growth from farm to global market.
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Xevin Investments
VC Fund · Warszawa, Mazowieckie, Poland · 1 investments in Ukraine Retail startups

Xevin Investments offer include investment and advisory services. The fund is interested both in companies and projects in the initial phase of development, unable to achieve further business goals due to insufficient capital, and in thriving companies in need of additional investment to achieve their milestones in the pursuit of competitiveadvantage.

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Investment focus

  • Industry: Internet, E-Commerce, Software
  • Stage:Seed, Series A
  • Geography: Poland, United States, Israel

Investor stats

  • Total investments: 40
  • Round size: Seed $127k–$1.1M; Series A $120k–$509k
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Shoplo — Sell your products via your own online store and multiple sales channels. Beautiful store themes and multichannel selling all in one place.
  • PCDOC Sp. z o.o. — PCDOC is a nationwide provider of an on-site computer service operating on a franchise basis. The distinctive technicians’ dress and equipment, like the attributes of an emergency doctor, is one of the elements of a marketing strategy. Almost all repairs are carried out in client’s home, anytime and anyday.
  • BoxofAds.com Sp. z o.o. — BoxofAds.com Sp. z o.o. provides a database of digital ads and advertisers on the Internet.
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QPDigital
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Ukraine Retail 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, Wellness
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Ukraine, Russian Federation

Investor stats

  • Total investments: 11
  • Round size: Pre-Seed $200k–$610k
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Onlizer — Onlizer allows connecting services and automates processes fast and efficient without coding.
  • Big Wolf Games — Mobile-first entertainment with digital property rights powered by Original IP, Licensed IP & NFTs
  • Teampulse — Teampulse: corporate platform for team productivity We are a US-based b2b Saas company with Ukrainian roots and a back office.Teampulse - corporate development platform that improves productivity through quests, challenges, and data-driven insights. In 3 clicks HRs, Operations, or Executives can set goals, initiate team challenges, and trackprogress. Users have access to engaging app with challenges, physical activities and team quests.
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Retail Investor funding in Ukraine at a glance

Stats across 18 deals from 12 investors.

12
investors
in Ukraine Retail startups
18
deals
in Ukraine Retail startups
$82k
median round
in Ukraine Retail startups
58%
lead investors
lead at least one round
28%
Grant
most common funding stage
92/8
VC / Angel
share of investor count

Access all 12 investors in Ukraine Retail startups.

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