# Ukrainian Startup Fund: portfolio, investments and team

> Ukrainian Startup Fund is a government based in Ukraine. 51 investments on record, 2 in the last 12 months, latest Jul 2026.

Source: https://millionrounds.com/fund/ukrainian-startup-fund (Millionrounds; every figure on the page links to its filing or article)

Ukraine · [Investor](https://millionrounds.com/investors)

# Ukrainian Startup Fund

Last cheque observed Jul 2026; 51 cheques on record.

Email

Deploying now Government

Pre-seed Seed Series A Aggregator Marketplace Network Effects

Follow Ukrainian Startup Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fukrainian-startup-fund)

Deploying now

**11%** of best year **2** **cheques in 12 months**, 51 on record

Since the last cheque **122** days **00** hrs **00** min **00** sec

Median round **$156K** Rounds led **0 of 51** Sole investor **11 rounds** Mostly in **United States, 53%**

Pitch Ukrainian Startup Fund

## Ukrainian Startup Fund highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Venture and Grant: 65% of its rounds
- 03 Sole investor in 11 rounds, median $200K

## What they do

> State support – From January 1, 2023, the Ukrainian Startup Fund came under the management of the Ministry of Digital Transformation. Translated from Ukrainian, from their own website

- **Type:** Government (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Aggregator Marketplace Network Effects
- **Based in:** Kyiv, Ukraine
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **51 appearances**

- **2026** 2 rounds
- **Jul** **[Elomia Health](https://millionrounds.com/company/elomia-health)** Venture · US **Undisclosed** With 1 other
- **May** **[SorbiForce](https://millionrounds.com/company/sorbiforce)** Crowdfunding · US **$162K** With 1 other
- **2025** 17 rounds
- **Sept** **[Numo ADHD](https://millionrounds.com/company/numo-adhd)** Grant · US **$58K** With 2 others
- **Aug** **[Uspacy](https://millionrounds.com/company/uspacy)** Pre-seed · UA **$489K** With 2 others
- **Aug** **[INPUT SOFT](https://millionrounds.com/company/input-soft)** Venture · UA **Undisclosed** With 2 others
- **Jun** **[Banani AI](https://millionrounds.com/company/banani-ai)** Venture · US **Undisclosed** With 2 others
- **Jun** **[Legal Nodes](https://millionrounds.com/company/legal-nodes)** Venture · GB **Undisclosed** With 2 others
- **May** **[SorbiForce](https://millionrounds.com/company/sorbiforce)** Seed · US **$1.4M** With 1 other
- **May** **[Fintellect](https://millionrounds.com/company/fintellect)** Grant · EE **$100K** With 4 others
- **May** **[Nanit Robot](https://millionrounds.com/company/nanit-robot)** Grant · UA **$100K** With 1 other
- **May** **[V-Art](https://millionrounds.com/company/v-art)** Grant · US **$100K** With 3 others
- **Apr** **[PeopleForce](https://millionrounds.com/company/peopleforce)** Seed · GB **$5.4M** With 1 other
- **Apr** **[Numo ADHD](https://millionrounds.com/company/numo-adhd)** Grant · US **$50K** With 1 other
- **Mar** **[SolarGaps](https://millionrounds.com/company/solargaps)** Venture · US **Undisclosed** With 3 others
- **Mar** **[ComeBack Mobility](https://millionrounds.com/company/comeback-mobility)** Venture · US **Undisclosed** With 1 other
- **Mar** **[GetOrder](https://millionrounds.com/company/getorder)** Grant · UA **$22K** Sole investor
- **Mar** **[Noty.ai](https://millionrounds.com/company/noty-ai)** Venture · US **Undisclosed** With 1 other
- **Jan** **[Huless](https://millionrounds.com/company/huless)** Venture · GB **$1.0M** Sole investor
- **Jan** **[Wantent](https://millionrounds.com/company/wantent)** Seed · UA **$1.0M** With 2 others
- **2024** 5 rounds
- **Oct** **[obimy](https://millionrounds.com/company/obimy)** Grant · US **$100K** With 2 others
- **Aug** **[Corner Renovation](https://millionrounds.com/company/corner-renovation)** Grant · US **$27K** With 1 other
- **Aug** **[GIOS](https://millionrounds.com/company/gios)** Grant · US **$55K** With 1 other
- **Jun** **[Esper Bionics](https://millionrounds.com/company/esper-bionics)** Venture · US **$5.0M** With 2 others
- **Jan** **[DeHealth](https://millionrounds.com/company/dehealth)** Pre-seed · US **$800K** With 2 others
- **2023** 11 rounds
- **Dec** **[Zeely](https://millionrounds.com/company/zeely)** Venture · US **Undisclosed** With 1 other
- **Oct** **[Electrodo](https://millionrounds.com/company/electrodo)** Grant · UA **$126K** Sole investor
- **Sept** **[Meredot](https://millionrounds.com/company/meredot)** Seed · US **$120K** With 2 others
- **Jul** **[Workee](https://millionrounds.com/company/workee)** Seed · US **$800K** With 4 others
- **Jun** **[DreamApp](https://millionrounds.com/company/dreamapp)** Pre-seed · GB **$200K** Sole investor
- **Jun** **[AssayMe](https://millionrounds.com/company/assayme)** Pre-seed · US **$150K** With 1 other
- **Jun** **[Elai.io](https://millionrounds.com/company/elai-io)** Venture · US **Undisclosed** With 2 others
- **May** **[Electronic KYC](https://millionrounds.com/company/electronic-kyc)** Grant · UA **$10K** With 1 other
- **Feb** **[Finmap](https://millionrounds.com/company/finmap)** Seed · GB **$1.1M** With 3 others
- **Feb** **[Harmix](https://millionrounds.com/company/harmix)** Venture · UA **$500K** Sole investor
- **Jan** **[effa](https://millionrounds.com/company/effa)** Pre-seed · US **$150K** With 2 others
- **2022** 10 rounds
- **Dec** **[Releaf Paper](https://millionrounds.com/company/releaf-paper)** Grant · FR **$2.7M** With 2 others
- **Dec** **[Mate academy](https://millionrounds.com/company/mate-academy)** Venture · UA **Undisclosed** With 2 others
- **Nov** **[Recoshelf](https://millionrounds.com/company/recoshelf)** Pre-seed · EE **$60K** With 2 others
- **Oct** **[VanOnGo](https://millionrounds.com/company/vanongo)** Venture · EE **Undisclosed** With 1 other
- **Aug** **[Cardiolyse](https://millionrounds.com/company/cardiolyse)** Venture · FI **Undisclosed** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 6 we have independently watched raise

[figmatica©](https://millionrounds.com/company/figmatica) EVNE Developers idealers Дізнатись більше Залишити запит Отримати підтримку

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Pre-seed Seed Series A

Median round joined **$156K** the round, not its cheque Alone, median **$200K**

Led 0 of 51 rounds **0%**

- **Sole investor:** 11 rounds
- **Last cheque:** Jul 2026

Rounds by stage said on their site

- Venture *17*
- Grant *16*
- Seed said *9*
- Pre-seed said *7*
- Crowdfunding *2*
- Series A said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Google for Startups](https://millionrounds.com/fund/google-for-startups) 22
- [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) 5
- [Techstars](https://millionrounds.com/fund/techstars) 4
- [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) 2
- [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) 2
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) 2

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## Who they invest alongside

The investors most often in the same rounds as Ukrainian Startup Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Google for Startups** Accelerator **22** rounds together](https://millionrounds.com/fund/google-for-startups)[**Startup Wise Guys** Accelerator **5** rounds together](https://millionrounds.com/fund/startup-wise-guys)[**Techstars** VC firm **4** rounds together](https://millionrounds.com/fund/techstars)[**Alchemist Accelerator** Accelerator **2** rounds together](https://millionrounds.com/fund/alchemist-accelerator)[**Berkeley SkyDeck** Accelerator **2** rounds together](https://millionrounds.com/fund/berkeley-skydeck)[**EIC Accelerator** Government **2** rounds together](https://millionrounds.com/fund/eic-accelerator)[**European Bank for Reconstruction and Development** Private equity **2** rounds together](https://millionrounds.com/fund/ebrd)[**Geek Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/geek-ventures)[**Right Side Capital Management** VC firm **2** rounds together](https://millionrounds.com/fund/right-side-capital-management)[**Smok Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/smok-vc)

## Recently backed

The latest companies Ukrainian Startup Fund put money into.

[**Elomia Health** Jul 2026](https://millionrounds.com/company/elomia-health)[**SorbiForce** $162K · May 2026](https://millionrounds.com/company/sorbiforce)[**Numo ADHD** $58K · Sept 2025](https://millionrounds.com/company/numo-adhd)[**Uspacy** $489K · Aug 2025](https://millionrounds.com/company/uspacy)[**INPUT SOFT** Aug 2025](https://millionrounds.com/company/input-soft)[**Legal Nodes** Jun 2025](https://millionrounds.com/company/legal-nodes)

## On podcasts

1 episode naming Ukrainian Startup Fund in the title.

- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 21 Dec 2021 · 14 min Scaling Ukrainian tech ecosystem, with Pavlo Kartashov, Ukrainian Startup Fund Mentions [Ukrainian Startup Fund](https://millionrounds.com/fund/ukrainian-startup-fund)[Robin Wauters](https://millionrounds.com/person/robin-wauters) Apple PodcastsShow page

## Quick answers about Ukrainian Startup Fund

### What does Ukrainian Startup Fund invest in?

Ukrainian Startup Fund invests most often at Venture and Grant (65% of the rounds on record), in sectors such as Aggregator, Marketplace and Network Effects.

### How active is Ukrainian Startup Fund?

51 investments on record, 2 of them in the last 12 months. The most recent was in Jul 2026.

### What has Ukrainian Startup Fund invested in recently?

Its most recent investments on record: Elomia Health (Venture, Jul 2026), SorbiForce (Crowdfunding, May 2026) and Numo ADHD (Grant, Sept 2025).

### How big are Ukrainian Startup Fund's cheques?

The median round it joins is $156K.

### Does Ukrainian Startup Fund lead rounds?

Rarely, if at all: none of its 51 investments on record names it as the lead.

### Where does Ukrainian Startup Fund invest?

Most of the companies it backs are in the United States (53%), Ukraine (23%) and the United Kingdom (13%).

### Is Ukrainian Startup Fund investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does Ukrainian Startup Fund invest alongside?

Most often Google for Startups (22 rounds together), Startup Wise Guys (5 rounds together) and Techstars (4 rounds together).

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