Top 15 Video Games Startup Investors in Ukraine (July 2026)

Portfolio highlights

• Uthana — Uthana operates as a 3D character animation studio that uses generative AI.
• Cognitive3D — Track VR and AR experiences, explore individual behaviour, and uncover aggregate insights with full spatial context.
• Sinn Studio — Swordsman is a physics-based combat game designed for virtual reality. Slash your way through medieval Earth to become the ultimate Swordsman.

Portfolio highlights

• Iconic — Iconic AI is an AAA games studio AI-driven game development
• Yuno — Improve your general knowledge by listening to short audio stories and taking fun quizzes
• Massive Dynamic — Specialized AI to orchestrate complex cross-channel advertising

Portfolio highlights

• Ludus AI — Ludus AI is a technology company introducing a next-generation solution for the 3D game and visualization industry. The startup, founded by Piotr Penar, former CEO of DreamStorm Studios, aims to facilitate the creation of high-quality content in Unreal Engine by using artificial intelligence.Unreal Engine, although recognized as the best tool forcreating 3D experiences, presents significant challenges for creators. Complicated documentation and complex processes often lead to extended production times and increased costs. Ludus AI was created in response to these problems, resulting from the founder's direct experience in managing a 60-person team of developers during a 9-year journey through the gaming industry and working on projects for Microsoft, Google and UPS.We've created a comprehensive set of tools that significantly speed up work in Unreal Engine, offering users not only the basic capabilities offered by AI technology, such as project and blueprint analysis, but also the innovative ability to automatically create objects in virtual space based solely on a description.Ludus AI solutions are used in many industries. Game studios can significantly accelerate the development process of projects, architectural firms gain the ability to quickly create interactive visualizations, and the training and simulation sector can more effectively create advanced training environments. The technology also works in the automotive industry in the design of user interfaces and in film production in the creation of virtual film sets.We're building tools that we needed ourselves when running a game studio. The reality is that many teams can't afford to hire senior Unreal developers, yet they need to deliver high-quality projects. Our tools bridge that gap, making professional-grade development accessible to teams of any size.The company, which recently released the first version of its solution, is already attracting the attention of the industry, has over 5,000 users and plans further expansion into international markets. We secured our first investors with 1,000,000 PLN in funding, including Hartmann Capital and one private-equity investor. We also joined the EU’s top Concordia Design Accelerator. In the coming months, Ludus AI will focus on the stability of its product, adding more features to its assortment and developing its most frequently used and most effective tool, which is the creation of 3D objects by description.
• Paradromics — Paradromics is bringing to market the first high data rate interface between brains and computers to create a new industry where medical challenges are met with technical solutions
• Foundational Bio — Foundational Bio is a biotech company engaged in the development of self-driving labs to enable large-scale discovery in the life sciences.

Portfolio highlights

• Cazena — Cloudera delivers a hybrid data platform with secure data management and portable cloud-native data analytics.
• Shapeways — Shapeways is the #1 online 3D printing service company. Working with over a million customers since 2007 - Get 3D products and parts delivered to over 100 countries.
• Co:Create — The Co:Create protocol provides the foundational infrastructure for decentralized brands of the future. It enables projects to mint NFTs, as well as launch their own DAOs and fungible tokens associated with their collections.

Portfolio highlights

• Makua — Makua is the micro-philanthropy app. Explore the best nonprofits, get inspired to give, and easily make donations. Join the #MakuaMovement
• Miruni — Miruni gives everyone in your organization what they need to easily capture, prioritize, and take action on feedback to help eliminate bottlenecks — enabling you to get more done, faster.
• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers

Portfolio highlights

• Gusto — Gusto develops web-based payroll solution for small- and medium-sized businesses. It operates an online platform that provides payroll, benefits, human resources, and integration services for employers and employees in the United States.Gusto offers health benefits and workers’ compensation benefits that include medical insurance, commuterbenefits, and 401(k) contributions as well as workers’ compensation insurance plans, time tracking, and integration services, and access to employees for processing payroll from web-enabled devices such as smartphones and tablets. It also provides access to employees and contractors to browse their previous pay stubs, review their payroll forms, verify their personal details, and statistics about their pay, tax payments and federal forms filing services, and security and support services.Gusto serves startups, coffee shops, doctors, creative agencies, lawyers, and boutiques. Edward Kim, Joshua Reeves, and Tomer London founded ZenPayRoll in 2011 that became Gusto, with its headquarters in San Francisco in California with an additional office in Denver in Colorado.
• Apollo Neuroscience — Apollo Neuro is the wearable that helps your body recover from stress. Relax, sleep better, and feel better with scientifically sound touch therapy that you wear on your wrist or ankle.
• OccamzRazor — OccamzRazor combines machine learning and first-in-class biological techniques to improve outcomes in drug discovery and development. Our analysis pipeline consists of two proprietary technologies, Panoramic AI and RazorBrain. Together, they are designed to extract data from unstructured text sources (publications, patient reported outcomes, etc.)and join them with structured data (genomics, proteomics, phenomics, etc.) to generate stronger drug discovery hypotheses and more valuable insights. Successful applications include data extraction and curation from biomedical text, novel target identification, and drug repurposing/repositioning.

Portfolio highlights

• Rocapine — Rocapine AI-native venture studio focused on developing mobile apps within the digital health and self-care sectors. Utilizing a high-velocity model, the company tests hundreds of minimal app prototypes annually in partnership with independent developers. Their strategy emphasizes a "hold instead of hook" philosophy, focusing on fosteringhealthy user habits rather than maximizing screen time.
• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
• VOYA Games —

Portfolio highlights

• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers

Portfolio highlights

• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
• Brain Jar Games — Brain Jar Games is a....

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
• Limitless Labs — Forecast the future on Limitless, financial prediction market

Portfolio highlights

• Localie — Global community, that makes you feel at home no matter where you are.
• Titan AI — Titan AI uses generative AI to create mobile games for underserved audiences.
• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers

Portfolio highlights

• Mindgram — Mindgram is a science-based platform and mobile app for complete mental wellness.
• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
• Bloomcoding — Winner of ASIF Pitch Amsterdam 2020 Winner of ”Mesto. Accelerator” demo day of 2021Currently one of the fastest-growing startups in Moldova and the biggest digital school in Romania, with over 800 students enrolled.Bloomcoding aims to become one of the leading providers of online coding education for K-12 children in Europe. We use a blend ofVirtual and Augmented Reality Ed-Tech, in small live online classes, to re-imagine education, spark curiosity, and blend fun with learning. We believe that to prepare children for the next 100 years, programming is just as essential as writing and reading. Coding is the literacy of the 21st century. Our mission is to teach one million children how to code.

Portfolio highlights

• mmhmm — Look your best on video. Present with impact. Virtual backgrounds, screen recorder, present with a friend. Works with Zoom, Meet, Teams, and Webex.
• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers

Portfolio highlights

• Sort A Brick — Sort A Brick transforms your Toy Bricks into endless building experiences
• Ver.iD — Streamline your user onboarding, verify user credentials, and enjoy seamless Single Sign-On with all identity apps.
• Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers

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